Global Flat Knitting Machines Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 6.6% from 2024 to 2030.
The global flat knitting machines market is witnessing significant growth as industries continue to demand advanced and efficient textile production methods. These machines are vital in the manufacturing of a variety of knitted fabrics used in fashion, sportswear, and home textiles. As the demand for innovative fabric technologies rises, flat knitting machines are playing a central role in meeting these needs, offering unmatched speed, precision, and flexibility in production. Flat knitting machines, which produce fabrics in a flat pattern, have evolved significantly over the years, incorporating advanced technologies like computerization and automation. This has led to increased demand for more sophisticated machines capable of creating complex designs and patterns. The ability of these machines to produce fine-gauge fabrics has made them ideal for high-end fashion and sports apparel. Additionally, flat knitting machines are integral in the development of seamless clothing, which is rapidly gaining popularity due to its comfort and innovative design. The market is divided into several segments, including mechanical, electronic, and computerized flat knitting machines. Among these, computerized knitting machines are expected to hold the largest market share due to their high efficiency and capability to handle intricate designs. The rise of smart textile solutions is further driving the adoption of these machines in both industrial and consumer markets. Geographically, the Asia-Pacific region leads the global market, driven by the rapid growth of the textile industry in countries like China, India, and Bangladesh. However, Europe and North America are also showing a growing interest in flat knitting machines due to the increasing demand for sustainable and high-quality fabrics. With sustainability being a key focus in the textile industry, flat knitting machines are also evolving to reduce waste, energy consumption, and improve the overall sustainability of production. As a result, manufacturers are investing in advanced technology that enables eco-friendly production processes.
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Stoll
Shima Seiki
Ningbo Cixing
Steiger Textil
Kauo Heng Precision Machinery
Pailung Machinery Mill
FuJian HongQi
Ningbo Zhongcheng Knitting Machine
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 Global Flat Knitting Machines Market
Upper Material
Sweater
Home Textile
Others
Based on Types the Market is categorized into Below types that held the largest Flat Knitting Machines market share In 2023.
Hand Knitting Machine
Semi Automatic Flat Knitting Machine
Computerized Flat Knitting Machine
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, 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 Global Flat Knitting Machines 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. Global Flat Knitting Machines Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Flat Knitting Machines Market, By Type
6. Global Flat Knitting Machines Market, By Application
7. Global Flat Knitting Machines Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Flat Knitting Machines Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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