High Pile Circular Knitting Machine Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 1.8 Billion by 2033, growing at a CAGR of 5.1% from 2026 to 2033.
The global High Pile Circular Knitting Machine Market was valued at USD 1.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. The market growth is driven by increasing demand for advanced textile machinery in the apparel and automotive sectors, as well as innovations in textile production technologies. The Asia Pacific region held the largest share of the market in 2022, accounting for approximately 45% of the global revenue. This dominance can be attributed to the strong manufacturing base in countries like China, India, and Japan, which are major exporters of knitted fabrics and garments. Additionally, the rise in demand for high quality textiles in emerging economies is expected to further bolster the market growth in this region. North America and Europe are expected to experience moderate growth due to the steady demand for high pile fabrics in industries such as fashion, automotive interiors, and home furnishings.
In terms of regional growth opportunities, the market is expected to witness significant expansion in the Middle East and Africa, primarily driven by the growth of the textile industry and rising investments in advanced textile manufacturing technologies. Latin America is also expected to show promising growth in the coming years due to the increasing adoption of high pile circular knitting machines for the production of specialty fabrics. Furthermore, the introduction of energy efficient and cost effective machines is likely to stimulate growth in the market, particularly in regions where labor costs are rising. As demand for innovative fabric applications increases, manufacturers are anticipated to focus on offering customizable knitting machines to meet the diverse needs of end use industries.
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Fujian Baiyuan Machinery
Quanzhou Likemao Precision Machinery
BUEN-KNIT
Rel-Tex
Sintelli
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 High Pile Circular Knitting Machine Market
Single Jersey Machines
Double Jersey Machines
Raschel Machines
High Pile Knitting Machines
Apparel
Home Textiles
Automobile Textiles
Industrial Textiles
Synthetic Yarn
Natural Yarn
Blended Yarn
Fully Automated Machines
Semi-Automated Machines
Manual Machines
Small Machines
Medium Machines
Large Machines
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 High Pile Circular Knitting Machine 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 High Pile Circular Knitting Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global High Pile Circular Knitting Machine Market, By Type
6. Global High Pile Circular Knitting Machine Market, By Application
7. Global High Pile Circular Knitting Machine Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global High Pile Circular Knitting Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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