Europe Circular Hosiery Machine Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.75 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
The Europe Circular Hosiery Machine Market is seeing significant growth, driven by evolving industry demands and technological advancements. Circular hosiery machines, known for their efficiency and high production capacity, play a crucial role in the textile and apparel industry. These machines are primarily used in manufacturing hosiery products like socks, stockings, and leggings, catering to both fashion and functional needs. With advancements in machine technology, manufacturers are introducing innovative features to meet the ever-growing demands of various industries, including fashion, sports, and medical sectors.
The rising demand for sustainable and eco-friendly production methods is driving the demand for circular hosiery machines. These machines are designed to optimize production efficiency, reduce material waste, and increase energy savings, which is crucial as industries are placing more importance on sustainability practices. Moreover, the growing trend of athleisure and sportswear has intensified the need for specialized hosiery products, which can only be produced with advanced circular hosiery machinery.
Industries such as healthcare are also contributing to the increased need for circular hosiery machines. The demand for compression hosiery and medical socks, which require specific fabric technologies and designs, is on the rise. Circular hosiery machines can produce these specialized products with precision, providing better control over product quality and consistency. The medical sector's growth, particularly with the aging population, fuels this requirement.
The textile industry, especially in countries like Italy, Germany, and Turkey, has long been a leader in circular hosiery machine technology. With its high precision and versatility, the circular hosiery machine market is well-positioned to expand further. Manufacturers are constantly innovating to cater to diverse market needs by offering machines capable of creating a wide variety of hosiery products, from fine to heavy-duty fabrics.
The demand for circular hosiery machines in Europe is expected to increase further as industries continue to prioritize automation, speed, and sustainability in their production lines. As a result, manufacturers are incorporating more automation and robotics into these machines to enhance their functionality and performance, ensuring that the circular hosiery machine market continues to meet the fast-changing requirements of the modern textile and apparel industries.
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Baiyuan Machine
Mayer and Cie
Terrot
Unitex
Fukuhara Industrial and Trading
Tayu Machine
Keumyong Machinery
Orizio
Wellmade
Quanzhou Hengyi
JinJiang Hong Ji
TaiFan Machinery
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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 Europe Circular Hosiery Machine Market
Single Jersey Machines
Double Jersey Machines
Interlock Machines
Seamless Machines
Rib Machines
Mechanical Machines
Electronic Machines
Computerized Machines
Women Hosiery
Men Hosiery
Children Hosiery
Sports Hosiery
Medical Hosiery
Cotton
Polyester
Wool
Spandex
Nylon
Fashion Industry
Textile Industry
Healthcare Industry
Sports Industry
Retail Industry
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Circular Hosiery Machine 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. Europe Circular Hosiery Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Circular Hosiery Machine Market, By Type
6. Europe Circular Hosiery Machine Market, By Application
7. Europe Circular Hosiery Machine Market, By Geography
Europe
Germany
UK
France
8. Europe Circular Hosiery Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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