Knitted Cloth Market size is estimated to be USD 230 Billion in 2024 and is expected to reach USD 350 Billion by 2033 at a CAGR of 5% from 2026 to 2033.
The global knitted cloth market was valued at USD 145.3 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030. North America and Europe are prominent markets, with steady demand for knitted fabrics in apparel and home textiles. The North American market alone accounted for 27% of the global share in 2022, driven by the high demand for knitted sportswear and casual clothing. Europe followed closely, contributing 25% of the market share, with a growing inclination towards sustainable and eco friendly knitted textiles in fashion. The market in these regions benefits from a strong presence of key apparel manufacturers and high consumer purchasing power, fostering the growth of knitted cloth applications across various industries. Additionally, the Asia Pacific region, particularly countries like China and India, is expected to witness significant growth, projected to expand at a CAGR of 5.2% due to increasing industrialization, manufacturing capabilities, and a growing middle class population driving the demand for both functional and fashion oriented knitted fabrics.
The demand for knitted cloth in emerging markets, particularly in Southeast Asia and Latin America, is poised for rapid growth, with expanding infrastructure and rising disposable income levels. The Asia Pacific region is projected to hold a major market share by 2030 due to the region’s large textile production base and increasing export activities. Furthermore, Latin America is seeing growing demand for knitted fabrics due to the rising popularity of athleisure and casual wear. In terms of opportunities, the increasing focus on sustainable materials and the shift towards eco friendly production processes open new avenues for growth. As sustainability becomes more important to consumers and manufacturers alike, the market for knitted cloth is expected to evolve, fostering innovations in material production and technological advancements.
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Adient
Toyota Boshoku
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Toyobo
Shanghai Shenda
Glen Raven
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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 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
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 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. Global Knitted Cloth Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Knitted Cloth Market, By Type
6. Global Knitted Cloth Market, By Application
7. Global Knitted Cloth Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Knitted Cloth Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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