Knitting Machines

Global Knitting Machines Market to Reach US$6.2 Billion by 2030

The global market for Knitting Machines estimated at US$5.0 Billion in the year 2024, is expected to reach US$6.2 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2024-2030. Warp Knitting Machines, one of the segments analyzed in the report, is expected to record a 3.0% CAGR and reach US$3.9 Billion by the end of the analysis period. Growth in the Weft Knitting Machines segment is estimated at 4.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.4 Billion While China is Forecast to Grow at 6.6% CAGR

The Knitting Machines market in the U.S. is estimated at US$1.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 6.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.5% and 2.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Global Knitting Machines Market – Key Trends & Drivers Summarized

How Are Knitting Machines Evolving to Meet Industry Demands?

The knitting machines market has undergone significant transformation, driven by advancements in automation, digitalization, and sustainable textile production. Traditional manual knitting machines are increasingly being replaced by computerized and high-speed automatic knitting systems that enhance efficiency and accuracy. These modern machines cater to a wide range of applications, from apparel and home textiles to industrial fabrics and medical textiles. Flat knitting machines, circular knitting machines, and warp knitting machines are the primary types in demand, each catering to different production needs. The increasing adoption of computer-controlled knitting machines has streamlined the manufacturing process, allowing for intricate patterns, seamless designs, and complex knitting techniques with minimal human intervention. The growing popularity of customized and on-demand knitwear production has further driven the shift toward advanced knitting technology. Additionally, manufacturers are focusing on improving machine durability, reducing maintenance costs, and enhancing energy efficiency to meet the rising demand for cost-effective and eco-friendly production solutions. The integration of real-time monitoring systems and predictive maintenance technologies is helping textile manufacturers optimize productivity while reducing downtime.

Is Smart Technology Transforming the Knitting Industry?

The integration of smart technology into knitting machines is revolutionizing textile production by increasing efficiency, precision, and customization. Computerized knitting machines equipped with AI-driven design software enable seamless pattern creation and real-time adjustments, significantly reducing material waste and production errors. IoT-enabled knitting machines are enhancing supply chain visibility by providing real-time data on production rates, fabric quality, and machine performance. These intelligent systems allow manufacturers to monitor and control operations remotely, ensuring consistent quality and reducing labor dependency. Robotics and automation are also playing a crucial role in high-speed knitting, with automated yarn feeders and robotic arms streamlining processes for mass production. Augmented reality (AR) and virtual simulation software are being used to visualize knitted fabric structures before production, minimizing trial-and-error and improving design efficiency. Additionally, advancements in 3D knitting technology have enabled the production of seamless garments, reducing fabric waste and post-processing costs. These innovations reflect the growing demand for precision-driven, efficient, and technologically advanced knitting machines that cater to diverse industry needs.

Is Sustainability Driving Innovation in Knitting Machine Technology?

Sustainability has become a key focus in the knitting machines market, with manufacturers prioritizing eco-friendly processes and materials to reduce textile waste and energy consumption. The increasing demand for sustainable fashion has encouraged textile producers to adopt machines that minimize water usage, chemical treatments, and material wastage. Digital knitting machines, which allow for precise material utilization, are helping reduce excess fabric waste compared to traditional weaving methods. The adoption of bio-based and recycled yarns in machine knitting is further aligning with global sustainability goals, enabling the production of eco-friendly textiles with lower environmental impact. Energy-efficient knitting machines with optimized motor technology and low-power consumption are being developed to reduce carbon footprints. Additionally, closed-loop manufacturing processes that recycle post-consumer textiles into new knitted fabrics are gaining traction, promoting circular economy principles in the textile industry. The rise of slow fashion and ethical production has also encouraged the use of locally sourced yarns and decentralized manufacturing, reducing transportation emissions and promoting sustainable business models.

What Are the Key Growth Drivers in the Knitting Machines Market?

The growth in the global knitting machines market is driven by several factors, including rising demand for sustainable textiles, technological advancements, and the expansion of the apparel and industrial fabric sectors. The increasing preference for knitted fabrics in fashion, activewear, and athleisure has led to higher investments in advanced knitting technology that enhances efficiency and design capabilities. The surge in e-commerce and personalized fashion trends has accelerated the need for flexible and on-demand knitting solutions, allowing brands to produce small-batch, customized garments. The medical textile industry is also contributing to market expansion, with specialized knitting machines being used to manufacture compression garments, bandages, and seamless medical wear. The growing use of smart textiles, including conductive yarns for wearable technology, has further fueled demand for high-precision knitting machines capable of integrating electronic components into fabric structures. Additionally, government initiatives promoting automation in textile manufacturing, particularly in emerging economies, are boosting the adoption of advanced knitting equipment. The expansion of technical textiles, such as knitted materials for automotive, aerospace, and industrial applications, is further diversifying market opportunities. With continuous advancements in digital knitting, sustainable production practices, and smart textile applications, the knitting machines market is poised for significant growth, catering to a wide array of industries with high-performance and environmentally responsible solutions.

SCOPE OF STUDY:

The report analyzes the Knitting Machines market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Warp Knitting Machines, Weft Knitting Machines); Knit Type (Single Knit Type, Double Knit Type); Mode of Operation (Manual Operation, Semi-Automatic Operation, Fully Automatic Operation); End-Use (Automotive Textiles End-Use, Sports Textiles End-Use, Apparel Textiles End-Use, Home Textiles End-Use, Other End-Uses); Distribution Channel (Direct Sales Distribution Channel, Indirect Sales Distribution Channel)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 34 Featured) -

• Baiyuan Machine
• Fukuhama Machinery Co., Ltd.
• Fukuhara Industrial & Trading Co., Ltd.
• Groz-Beckert KG
• Jiangsu Jinlong Technology Co., Ltd.
• Jingmei Machinery Co., Ltd.
• Karl Mayer Textilmaschinenfabrik GmbH
• Mayer & Cie.
• Orizio S.r.l.
• Pailung Machinery Mill Co., Ltd.
• Quanzhou Baiyuan Machinery Co., Ltd.
• Rieter Holding AG
• Santoni S.p.A.
• Shima Seiki Mfg., Ltd.
• Silver Reed (Suzhou) Co., Ltd.
• Stoll (a brand of Karl Mayer)
• Terrot GmbH
• Trützschler GmbH & Co. KG
• Wellknit Machinery Co., Ltd.
• Xiamen Xinglin Xinggang Machinery Co., Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.