[182 Pages Report] The Knitted Fabrics Market size was estimated at USD 28.24 billion in 2023 and expected to reach USD 30.26 billion in 2024, at a CAGR 7.58% to reach USD 47.11 billion by 2030.
Knitted fabrics, crafted by interlocking loops of yarn, offer high elasticity, warmth, and comfort, making them essential for various industries such as fashion, sportswear, and home textiles. Their softness, stretchability, and breathability are invaluable in comfortable and stylish clothing creation. Widely used in apparel, automotive interiors, medical textiles, and technical applications, the primary end-users of knitted fabrics include fashion and apparel manufacturers, automotive sector stakeholders, and healthcare providers, with major geographic players in North America, Europe, and Asia-Pacific. Market growth is driven by advancements in fabric technology, such as antimicrobial and moisture-wicking yarns, rising demand for eco-friendly fabrics, and increased consumer spending on luxury and smart clothing. Potential opportunities exist in research and development of smart fabrics with embedded sensors and expanding into emerging markets in Asia-Pacific and Latin America. Recommendations for stakeholders include investing in technological advancements and market diversification to mitigate risks. However, high production costs, quality control issues, and environmental concerns present challenges. Innovation areas include sustainable manufacturing processes, advanced textiles with integrated functionalities, and customization using 3D knitting and automated methods.
The global knitted fabrics market is shaped by consumer demand for high-quality, innovative, and sustainable textiles. Leading countries, including China, the United States, Germany, Italy, and Turkey, dominate trade activities due to advanced production capabilities and significant technological investments. The United States leverages investments in technology and sustainability, enhancing market growth through consumer preference for eco-friendly fabrics. Canada benefits from a steady demand in apparel and technical textiles, with a strong focus on quality and durability. The European Union (EU), particularly Germany, France, and Italy, emphasizes sustainability and high fashion, driving demand for eco-friendly textiles. The Middle East markets, including the UAE and Saudi Arabia, show increased demand for luxury fabrics, driven by rising disposable incomes. Emerging markets in Africa, such as South Africa and Nigeria, offer growth opportunities due to urbanization and increasing disposable incomes.
The knitted fabrics market is set for substantial growth, driven by compliance with regulations, technological innovation, and sustainability initiatives. In the United States, the industry aligns with regulations from the Federal Trade Commission (FTC) and the Consumer Product Safety Commission (CPSC). The European Union mandates stringent standards through REACH and the Ecolabel Regulation. China enforces textile quality via the Ministry of Industry and Information Technology (MIIT) and other bodies, emphasizing environmental standards.
The market dynamics represent an ever-changing landscape of the Knitted Fabrics Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
- Market Drivers
- Growing demand for innovative apparel designs
- Increasing use in the manufacturing of athleisure and activewear
- Adoption of sustainable apparel by individuals worldwide
- Market Restraints
- High cost of knitted fabrics
- Market Opportunities
- Technological advancements in the knitted fabrics manufacturing process
- Strategic alliances and availability of customized k knitted fabrics
- Market Challenges
- Limited structural stability of knitted fabrics
The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Knitted Fabrics Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Knitted Fabrics Market.
The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Knitted Fabrics Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.
The value chain of the Knitted Fabrics Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.
The pricing analysis comprehensively evaluates how a product or service is priced within the Knitted Fabrics Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Knitted Fabrics Market.
The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Knitted Fabrics Market.
The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Knitted Fabrics Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.
The trade analysis of the Knitted Fabrics Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.
The regulatory framework analysis for the Knitted Fabrics Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Knitted Fabrics Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Knitted Fabrics Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Knitted Fabrics Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
The report delves into recent significant developments in the Knitted Fabrics Market, highlighting leading vendors and their innovative profiles. These include Lu Thai Textile Co., Limited, Clover Knits, Inc., APEX MILLS, Loyal Textile Mills Ltd., TORAY INDUSTRIES, INC., Huvis Corporation, Parkdale, Incorporated, Boho Fabrics, Unifi, Inc., Jante Textiles Company Limited, Gehring-Tricot Corporation, Georg + Otto Friedrich GmbH, Trelleborg Group, Contempora Fabrics, Zhejiang Chaoda New Materials Co., Ltd., MONTEREY MILLS, Baltex, SSM Industries, Nilit Ltd., Bosforus Textile, Teijin Frontier Co., Ltd., Jason Mills, LLC, Vardhman Textiles Limited, and Haining Jinmao Warp Knitting Co., Ltd..
This research report categorizes the Knitted Fabrics Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Fabric Type
- Interlock Knit
- Jacquard Knit
- Mesh Knit
- Pique Knit
- Ponte Knit
- Rib Knit
- Sweater Knit
- Terry Knit
- Velour Knit
- Fiber Type
- Blended Knits
- Cotton Knits
- Synthetic Knits
- Knitting Technique
- Circular Knitting
- Flat Knitting
- Warp Knitting
- Application
- Apparel Knits
- Sweaters
- T-shirts
- Home Textile Knits
- Bedding
- Curtains
- Technical Knits
- Medical Textiles
- Sportswear
- Apparel Knits
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Knitted Fabrics Market, by Fabric Type
- Knitted Fabrics Market, by Fiber Type
- Knitted Fabrics Market, by Knitting Technique
- Knitted Fabrics Market, by Application
- Americas Knitted Fabrics Market
- Asia-Pacific Knitted Fabrics Market
- Europe, Middle East & Africa Knitted Fabrics Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 24]
- List of Tables [Total: 652]
- List of Companies Mentioned [Total: 24]
Scope of Knitted Fabrics:
Knitted fabrics have been around for ages and are made by interlocking yarns with the help of needles or machines. Knitted fabrics are versatile, flexible, and often stretchy. Knitted fabrics are used in various sectors like the fashion industry, sports industry, medical industry, and even furniture industry. Knitted fabrics are also being used to make sustainable fashion products, adding another feather to their cap.
Technological Advancements in Knitted Fabrics:
The manufacturing process of knitted fabrics has come a long way in recent times. With the help of technology, the process of knitting fabrics has become more efficient and cost-effective. Computer-aided design (CAD) and computerized knitting machines have revolutionized the way fabrics are knitted. CAD systems have made it possible to create complex patterns and designs with ease, and computerized knitting machines make it possible to produce high-quality fabrics faster and with minimal human intervention.
Circular Knitting Machines:
One of the most significant advancements in knitted fabric manufacturing is circular knitting machines. These machines have made it possible to knit tubes of fabric without seams. These machines are incredibly versatile as they are capable of producing fabrics of different weights, textures, and patterns. Circular knitting machines have also reduced production costs by minimizing waste and increasing productivity.
Warp Knitting Machines:
Warp Knitting Machines are capable of creating complex and intricate tricot fabrics with a warp-knitted base. These machines are widely used in the fashion industry to make intricate laces and fancy fabrics. These machines make it possible to produce warp knitting fabrics on a large scale at a much faster rate than traditional knitting machines.
The Future of Knitted Fabrics:
The future of knitted fabric manufacturing is exciting. With technological advancements in 3D printing technology, it is possible to create fabrics layer by layer, making it possible to produce complex fabrics with ease. The application of nanotechnology in the textile industry has led to the development of fabrics that are engineered to do specific tasks like repelling water or blocking UV rays. Knitted fabrics are also being used more extensively in the production of smart fabrics, which have embedded electronics that can sense and respond to their surroundings.
Technological advancements in the manufacturing process of knitted fabrics have led to more efficient, cost-effective, and sustainable production processes. New and improved knitting machines, computer-aided designs, and the application of nanotechnology have opened up new avenues and possibilities for knitted fabrics.
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