The performance knitted fabric market has seen significant growth in recent years, driven by rising demand for innovative materials in sports, fashion, and medical applications. The market size is expected to continue expanding as technological advancements in knitting techniques enable the creation of more functional fabrics. The demand for lightweight, breathable, and moisture-wicking fabrics has particularly surged in the sports and outdoor apparel sectors, where comfort and performance are paramount. Furthermore, the increasing popularity of athleisure clothing has contributed to the market's expansion, encouraging manufacturers to develop high-performance, durable, and stylish knitted textiles. The market is also benefiting from the growing trend of sustainability, with eco-friendly production processes and recyclable fibers becoming key differentiators for brands in the competitive textile industry.
Opportunities within the performance knitted fabric market are vast, with numerous industries tapping into the potential of high-performance textiles. The rise in demand for smart fabrics, which integrate electronics and sensors for applications like health monitoring, provides a unique opportunity for innovation and growth. Additionally, the healthcare sector is exploring knitted fabrics for medical garments and compression wear due to their ability to provide enhanced comfort and support. As consumer preferences evolve toward multifunctional clothing, manufacturers are focusing on developing fabrics that offer a combination of properties such as thermal regulation, water resistance, and UV protection. Furthermore, emerging markets in Asia-Pacific and Latin America present significant growth prospects, driven by the increasing adoption of performance-driven textiles in both emerging economies and well-established industrial sectors.
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Performance Knitted Fabric Market size was valued at USD 7.5 Billion in 2022 and is projected to reach USD 12.4 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
AGT
SPORTINGTEX
Combyte Textile
U-Long High-Tech Textile
Contempora Fabrics
EYSAN
MMI Textiles
Freudenberg Performance Materials
HerMin Textile
NTX Technologies
Thygesen Textile Vietnam
WING YUE Textile
A wide range of product types tailored to specific applications, end-user industries from a variety of sectors, and a geographically diverse landscape that includes Asia-Pacific, Latin America, North America, Europe, the Middle East, and Africa are some of the characteristics that set the Performance Knitted Fabric Market apart. This segmentation strategy highlights the unique demands and preferences of different markets, which are driven by shifts in consumer behavior, industry-specific advancements, and technological breakthroughs. Market segmentation, which separates the market into distinct product offers, applications, and distribution channels, enables a thorough understanding of growth patterns and emerging trends. Every region has distinct growth potential because of factors like regional economic conditions, rates of technology adoption, and regulatory frameworks. Apart from contemplating
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☛ The comprehensive section of the global Performance Knitted Fabric Market report is devoted to market dynamics, including influencing factors, market drivers, challenges, opportunities, and trends.
☛ Another important part of the study is reserved for the regional analysis of the Global Performance Knitted Fabric Market, which evaluates key regions and countries in terms of growth potential, consumption, market share, and other pertinent factors that point to their market growth.
☛ Players can use the competitor analysis in the report to create new strategies or refine existing ones to meet market challenges and increase Performance Knitted Fabric Market global market share.
☛ The report also examines the competitive situation and trends, throwing light on business expansion and ongoing mergers and acquisitions in the global Performance Knitted Fabric Market. It also shows the degree of market concentration and the market shares of the top 3 and top 5 players.
☛ The readers are provided with the study results and conclusions contained in the Performance Knitted Fabric Market Global Market Report.
With a forecasted CAGR of x.x% from 2024 to 2031, the Performance Knitted Fabric Market's future appears bright. Market expansion will be fueled by rising consumer demand, developing technologies, and growing applications. Rising disposable incomes and urbanization are expected to drive a shift in the sales ratio toward emerging economies. Demand will also be further increased by sustainability trends and legislative backing, making the market a top priority for investors and industry participants in the years to come.
Scope of the Report
Attributes Details
Years Considered
Historical Data – 2019–2022
Base Year – 2022
Estimated Year – 2023
Forecast Period – 2023–2029
1. Introduction of the Performance Knitted Fabric Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Market Size And Trends
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Performance Knitted Fabric Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Performance Knitted Fabric Market, By Product
6. Performance Knitted Fabric Market, By Application
7. Performance Knitted Fabric Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Performance Knitted Fabric Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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Competitive Landscape
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What is the expected growth rate of the performance knitted fabric market?
The performance knitted fabric market is expected to grow at a CAGR of 5.2% during the forecast period.
Which regions are expected to dominate the performance knitted fabric market?
North America and Europe are expected to dominate the performance knitted fabric market due to the high demand for sportswear and athleisure clothing in these regions.
What are the key drivers of the performance knitted fabric market?
The increasing demand for comfortable and high-performance fabrics in sports and athletic wear, as well as the growing trend of athleisure, are key drivers of the performance knitted fabric market.
What are the different types of performance knitted fabrics available in the market?
Performance knitted fabrics include moisture-wicking fabrics, compression fabrics, UV-protective fabrics, and others.
Who are the major players in the performance knitted fabric market?
Major players in the performance knitted fabric market include Nike, Adidas, Under Armour, Puma, and Lululemon, among others.
What are the challenges faced by the performance knitted fabric market?
Rising raw material costs and increasing competition from alternative fabric technologies are some of the challenges faced by the performance knitted fabric market.
How is the performance knitted fabric market segmented?
The performance knitted fabric market is segmented based on fabric type, application, and region.
What is the market size of the performance knitted fabric market?
The global performance knitted fabric market is estimated to be worth $8.5 billion in 2020.
What are the opportunities for growth in the performance knitted fabric market?
The growing demand for sustainable and eco-friendly performance knitted fabrics, as well as the increasing popularity of yoga and leisure activities, present opportunities for growth in the market.
How are advancements in technology impacting the performance knitted fabric market?
Advancements in fabric technologies, such as the development of smart fabrics with integrated sensors, are driving innovation in the performance knitted fabric market.
What is the impact of the COVID-19 pandemic on the performance knitted fabric market?
The COVID-19 pandemic has led to a temporary decline in the demand for performance knitted fabrics, especially in the sports and fitness industry, but the market is expected to bounce back as things normalize.
What are the key trends shaping the performance knitted fabric market?
Growing preference for sustainable and ethically sourced fabrics, as well as the rising trend of customization and personalization in sportswear, are key trends shaping the performance knitted fabric market.
How is the performance knitted fabric market regulated?
The performance knitted fabric market is regulated by industry standards and certifications for fabric quality, safety, and environmental sustainability.
What are the implications of trade policies and tariffs on the performance knitted fabric market?
Trade policies and tariffs can impact the cost of raw materials and fabrics, as well as the competitiveness of market players, in the performance knitted fabric market.
How is consumer behavior influencing the performance knitted fabric market?
Consumer preference for comfortable, functional, and stylish activewear is driving the demand for performance knitted fabrics in the market.
What are the prospects for innovation and new product development in the performance knitted fabric market?
Ongoing research and development in fabric technologies and the introduction of novel fabric blends are contributing to innovation and new product development in the performance knitted fabric market.
What are the primary applications of performance knitted fabrics?
Performance knitted fabrics are primarily used in sportswear, athleisure clothing, and activewear, as well as in medical and industrial applications for specialized performance requirements.
How can businesses capitalize on opportunities in the performance knitted fabric market?
Businesses can capitalize on opportunities in the performance knitted fabric market by investing in R&D, sustainable practices, and strategic partnerships to meet evolving consumer demands and market trends.
What are the factors influencing the pricing of performance knitted fabrics?
The pricing of performance knitted fabrics is influenced by factors such as raw material costs, fabric quality, technological advancements, and market competition.