Malaysia Knitted Cloth Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecast period from 2024–2030.
The Malaysia Knitted Cloth Market is experiencing significant growth, driven by the increasing demand for comfortable and versatile textiles. As of 2023, the market has become more concentrated, with a Herfindahl-Hirschman Index (HHI) of 4955, indicating a shift towards fewer dominant players. This concentration reflects the industry's response to the rising need for high-quality knitted fabrics in various sectors.
Key types of knitted fabrics prevalent in Malaysia include:
Weft Knits: Commonly used in casual wear and sportswear due to their elasticity and comfort.
Warp Knits: Preferred for their strength and stability, making them suitable for industrial applications.
Flat/Jersey Knits: Popular in t-shirts and undergarments for their smooth texture.
Rib Stitch: Utilized in cuffs and collars for their stretch and recovery properties.
Interlock: Known for their thickness and durability, ideal for outerwear.
Industries driving the demand for knitted fabrics in Malaysia include:
Apparel Manufacturing: The fashion industry's growth has led to increased use of knitted fabrics for their comfort and adaptability to designs.
Automotive Sector: Knitted textiles are used in car interiors for their aesthetic appeal and durability.
Medical Textiles: The healthcare industry utilizes knitted fabrics for bandages and compression garments due to their flexibility and breathability.
Home Furnishings: Knitted materials are increasingly used in upholstery and bedding for their softness and resilience.
Personal experience in the textile sector has shown that the integration of advanced knitting technologies, such as computerized knitting machines, has enhanced production efficiency and product quality. This technological advancement aligns with the industry's move towards automation to meet the growing and diverse demands of various sectors.
In summary, the Malaysia Knitted Cloth Market is evolving with a focus on specialized knitted fabrics to cater to the specific needs of different industries. The market's growth is supported by technological advancements and a shift towards high-quality, durable, and versatile knitted textiles.
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By 2030, Malaysia is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Malaysia is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Malaysia is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Malaysia, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Malaysia Knitted Cloth Market
Woven Knitted Cloth
Non-Woven Knitted Cloth
Cotton Knitted Cloth
Wool Knitted Cloth
Polyester Knitted Cloth
Nylon Knitted Cloth
Blended Knitted Cloth
Fashion & Apparel
Home Textiles
Sports & Fitness
Medical & Healthcare
Flat Knitted Cloth
Circular Knitted Cloth
Shirts & Tops
Sweaters & Cardigans
Pants & Leggings
Scarves & Shawls
Hosiery
1. Singapore
Relationship: Strong economic ties; major trading partner.
Highlights: Advanced financial and logistics hub; shares deep cross-border business and travel links with Malaysia.
2. Indonesia
Relationship: Largest ASEAN economy; close cultural and linguistic ties.
Highlights: Major market for Malaysian exports; shared initiatives in palm oil, labor, and regional security.
3. Thailand
Relationship: Land-border neighbor with active cross-border trade.
Highlights: Strong tourism, agricultural, and automotive collaboration.
4. Brunei
Relationship: Close diplomatic and energy-sector ties.
Highlights: Joint ventures in oil & gas; similar Malay cultural heritage.
5. Philippines
Relationship: Regional partner in ASEAN; maritime neighbor.
Highlights: Collaborations in education, labor migration, and disaster relief.
6. Vietnam
Relationship: Growing trade and investment partner.
Highlights: Rising manufacturing hub; strong demand for Malaysian technology and services.
7. Cambodia, Laos, and Myanmar
Relationship: Developing ASEAN members with growing economic ties to Malaysia.
Highlights: Opportunities in construction, retail, and financial services.
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1. Introduction of the Malaysia Knitted Cloth 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. Malaysia Knitted Cloth Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Malaysia Knitted Cloth Market, By Type
6. Malaysia Knitted Cloth Market, By Application
7. Malaysia Knitted Cloth Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia
Vietnam
8. Malaysia Knitted Cloth Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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