North America Knitwear for Women Market was valued at USD 2.3 Billion in 2022 and is projected to reach USD 3.4 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The North American women's knitwear market is experiencing significant growth, driven by evolving fashion trends and consumer preferences. In 2024, the North America knitwear market was valued at approximately USD 645.2 billion, with North America contributing over 40% of this revenue, equating to around USD 258.1 billion. Projections indicate a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031, underscoring the market's robust expansion.
Outerwear: Knit sweaters, cardigans, and jackets have become wardrobe staples, offering both comfort and style. The versatility of knitwear allows for diverse designs, catering to various consumer tastes.
Innerwear: Soft, breathable knit fabrics are favored for inner garments, providing comfort and ease of movement.
Sportswear: The flexibility and moisture-wicking properties of knit materials make them ideal for activewear, meeting the demands of health-conscious consumers.
Accessories: Items such as scarves, gloves, and hats crafted from knit fabrics add functional and aesthetic value to outfits.
To thrive in this dynamic market, industry players must consider several critical factors:
Quality and Sustainability: Consumers are increasingly prioritizing high-quality, durable knitwear made from sustainable materials. Brands focusing on eco-friendly practices are gaining a competitive edge.
Fashion Consciousness: The rise of social media and influencer culture has heightened fashion awareness. Staying abreast of trends, such as the resurgence of boho knitwear and retro-inspired designs, is essential for capturing consumer interest.
Technological Integration: Innovations in knitting technology enable the production of intricate designs and patterns, enhancing product offerings and meeting diverse consumer preferences.
Market Diversification: Expanding product lines to include various knitwear categories, such as lightweight spring pieces or textured winter garments, can attract a broader customer base.
In my personal experience, investing in quality knitwear has proven worthwhile. Pieces that blend classic designs with contemporary trends not only elevate my wardrobe but also offer longevity, aligning with a growing preference for sustainable fashion choices.
As the North American women's knitwear market continues to evolve, understanding these applications and industry requirements is crucial for businesses aiming to capitalize on emerging opportunities.
North America Knitwear for Women Market
Get an In-Depth Research Analysis of the North America Knitwear for Women Market Size And Forecast [2025-2032]
Uniqlo
H&M
Under Armour
Zara
PUMA
Lining
Nike
Hollister
Louis Vuitton
Burberry
Chanel
Dior
Prada
Adidas
Carhartt
The Merchant Fox
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Knitwear for Women Market
Online Sales
Offline Sales
Based on Types the Market is categorized into Below types that held the largest Knitwear for Women market share In 2023.
Jumpers
Cardigans
Dresses & Skirts
Others
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Knitwear for Women Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Knitwear for Women Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Knitwear for Women Market, By Type
6. North America Knitwear for Women Market, By Application
7. North America Knitwear for Women Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Knitwear for Women Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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