Double Circular Knitting Machines Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 1.8 Billion by 2033 at a CAGR of 5.2% from 2026 to 2033.
The global Double Circular Knitting Machines market was valued at approximately USD 940 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. This market growth is driven by the increasing demand for high speed and high efficiency textile manufacturing equipment, especially in the apparel and fashion industries. Rising automation in textile production and the shift toward seamless garment manufacturing are also key contributors to market expansion. Asia Pacific dominated the market in 2022, accounting for over 55% of the global share, fueled by high production volumes in countries like China, India, and Bangladesh, where textile manufacturing remains a key economic driver. Europe held the second largest market share, supported by technological advancements and the presence of high end fashion manufacturing.
North America showed moderate growth in 2022 with increasing interest in advanced knitting technologies and domestic textile production incentives. The Middle East & Africa and Latin America markets are emerging with steady demand, driven by expanding garment manufacturing hubs and rising local consumption. Key opportunities in the global Double Circular Knitting Machines market lie in the integration of digital monitoring systems, energy efficient operations, and machine customization for specialized fabrics. Additionally, the growing adoption of smart manufacturing and Industry 4.0 practices across textile industries globally opens new avenues for manufacturers to innovate and expand. With rising awareness toward sustainable textile practices, machines that reduce fabric waste and improve operational efficiency are increasingly in demand, offering significant growth potential across both developed and developing regions.
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Pailung
Baiyuan Machine
Mayer and Cie
Terrot
Santoni
Fukuhara
Tayu
Wellmade
Orizio
Hang Xing
Hengyi
Hongji
Taifan
Sanda
Unitex
Nan Sing Machinery
Jiunn Long
Welltex
Fukuhama
Wellknit
Santec
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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. 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 Double Circular Knitting Machines Market
Single Jersey Machines
Double Jersey Machines
Interlock Machines
Purl Stitch Machines
Apparel
Home Textiles
Medical Textiles
Industrial Textiles
Agricultural Textiles
Computerized Knitting Machines
Mechanical Knitting Machines
Latch Needle
Spring Needle
Compound Needle
Manufacturers
Textile Industries
Research Institutions
Designers
US (United States, US 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 Global Double Circular 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 Double Circular Knitting Machines Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Double Circular Knitting Machines Market, By Type
6. Global Double Circular Knitting Machines Market, By Application
7. Global Double Circular Knitting Machines Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Double Circular Knitting Machines Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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