Global Knitted Fabric Market by Application (Household, Technical), by Product (Weft-knit, Warp-knit) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

The global knitted fabric market was valued at USD 23.8 million in 2018. It is expected to grow significantly in the forecast period. Market growth is mainly due to the growing apparel industry. Market demand will be driven by the growing importance of knitted fabrics in the automotive, construction, and manufacturing sectors.

Consumer preference for lightweight, high-performance knitwear is driving the demand for feathery raw material such as silk, polypropylene, and synthetic fibres. Woven fabrics are replacing knitted fabrics made from bulky yarns. The apparel industry has seen steady growth in the demand for loop stitch jackets and cardigans, large scarfs, large-shawls, as well as large shawls over the past few years. The most popular colors are grey, classic black and brown.

Due to the fabric's better breathability, feather-light circular knit fabrics have seen an increase in demand in the hosiery industry. The protective clothing market is also seeing significant demand for lightweight knit textiles. Protective clothes are made of sponge-like, durable, and anti-tear materials. They can be applied in single layers or double layers. The textile industry has seen a high demand for featherweight textiles. They are also highly compressible, resistant to chlorine, and have moisture management properties.

Additionally, denim garments are increasingly using knitted fabric as a result of consumer preference for wrinkle-resistant, flexible and soft textiles. In the coming years, the market will continue to grow due to the increasing importance of synthetic fibers within the apparel and construction industries. The construction industry has seen a rise in use of synthetic fibers as geotextiles for roofs, walls, dams and roads.

Synthetic fiber is ideal for making curtains, napkins, and tablecloths due to its thermal insulation and dust-resistant properties. This industry has seen an increase in the use of artificial Intelligence (AI). It is used to predict the properties of the textile and its quality before it is actually manufactured. AI is an important part of the quality control of textiles, which helps to reduce errors and costs.

Manufacturers have seen a rapid adoption of 3D knitting machines. The machine can knit multiple yarns simultaneously using digitally stored information. This technology allows for customization and reduces operating time and costs. These technological advances are expected to promote market growth around the globe. The industry's growth could be impeded by rising cotton prices and counterfeit products.

Product Insights

With a market share of over 60.0%, weft-knit fabric was the dominant industry in 2018. It is more popular among manufacturers because of its lower cost, higher elasticity, and easier production process. There are many types of stitches, including plain, jersey, purl and interlock. Weft knitting can be used to make underwear, jumpers and scarves as well as gloves, scarves, hats and mittens. The circular knitting machine has gained a lot of popularity in seamless hosieries as well as the underwear industry.

From 2019 to 2015, the warp-knit product market is expected to experience the fastest CAGR at 6.4%. Many industries use warp knitting, including apparel, footwear, industrial, and inner wears. This segment is expected to grow due to the rapid growth in the construction, automotive and manufacturing industries. There are many types of warp knitting, including tricot knits and raschel knits as well as crochet knits and Milanese knits.

Application Insights

The technical application segment accounted for over 80.0% of the market share as of 2018. The technology sector has many major applications. These include packaging, medical, automotive, construction, and manufacturing. Because it is knot-free, the raschel and crocheting knitting technologies ensure safe and scratch-free handling of sensitive components. It has gained significant popularity in packaging. Knitted bags or sacks can be used to ship industrial and food products.

The automotive industry is another major application of this product. Because of its cushioning properties, the spacer fabric is used extensively in car seats, airbags and protective linings over wires. These textiles can be found in tires, filters and mats, as well as seat belts and the soundproof engine. The demand for this product will rise with the rapid growth of the automotive industry.

Knitted fabric is a versatile home textile that can be used in a variety of household applications, such as curtains, carpets and dust covers. Because of its light resistance, synthetic material is becoming more popular in curtain manufacturing. In the coming years, home textile demand will rise due to rising per capita incomes in developing countries.

This product is now a key component of medical textiles. This fabric is used in the manufacture of bandage, plasters and hospital laundry bags. It also has many applications for medical mattresses and orthotic support. These fabrics can also be used as implantable medical textiles like artificial ligaments and veins, artery, blood vessels, sutures, hernia sheet, artificial elbows, hip joints, and artificial ligaments. This product will be in high demand due to the rapid development of the medical industry.

Regional Insights

Asia Pacific was the dominant market for knitted fabrics in 2018, accounting for 70.2% of total revenue. China is the country with the largest market share. This country is a major exporter of clothing products around the globe. It is responsible for one-third of Europe's apparel and textile imports. This country is moving towards digitization and automation for high-quality knit textiles.

Knitwear is also popular in India, Bangladesh and China. The region's growth has been accelerated by favorable regulatory frameworks and government initiatives. The region's growing manufacturing, construction and automotive industries will likely fuel demand in the near future.

Market Share Insights & Key Companies

Baltex, Jong Stit Co., Ltd., Georg and Otto Friedrich GmbH, Zhejiangchaoda Warp Knitting Co., Ltd., ABHINANDAN KNITS PVT LTD., Haining Jinmao Warp Knitting Co., Ltd., Guilford; Loyal Textile Mills Ltd., TORAY INDUSTRIES, INC., Pacific Textiles Holdings Limited, Teejay Lanka PLC, and SSM Industries This market is highly fragmented, with a lot of small and large producers.

The market is dominated by the major players. Manufacturers in this industry have been focusing their efforts on product development over the last few years to expand the market. Baltex, a U.K.-based company, has been focusing its innovation on Advanced Surface Technology (AST), particularly 3XD Spacer fabrics. The company also develops sustainable fabrics using biopolymers.

Market Report on Knitted Fabric

The Report Covers Certain Segments

This report predicts revenue growth at all levels: global, regional, country, and international. It also provides analysis of industry trends for each sub-segment from 2015 to 2025. Grand View Research has divided the global knitted fabric market report by product, region, and application.

• Product Outlook (Revenue USD Million, 2015-2025)

  • Weft-knit

  • Warp-knit

• Application Outlook (Revenue USD Million, 2015-2025)

  • Technical

  • Household

  • Fashion & Clothing

• Regional Outlook (Revenue USD Million, 2015-2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

    • UAE

These are the most frequently asked questions about this report

b. The market for knitted fabrics worldwide was valued at USD 25.3 billion in 2019, and is forecast to grow to USD 28.4 billion by 2020.

b. The global knitted fabric market will grow at 6.0% compounded annually between 2019 and 2025, to reach USD 35.7 Billion in 2025.

b. With a share of 72.6%, Asia Pacific was the dominant market for knitted fabrics in 2019, This region has seen a favorable regulatory framework, government initiatives and low labor costs that have helped accelerate the industry's growth.

b. The key players in the knitted fabric industry include Baltex, Jong Stit Co., Ltd., Georg and Otto Friedrich GmbH, and Zhejiangchaoda Warp knitting Co., Ltd.

b. The key factors that drive the growth of the knitted fabric industry include the increasing importance knitted fabric is in the automotive, construction, and medical sectors.

Up Market Research published a new report titled “Knitted Fabric Market research report which is segmented by Application (Household, Technical), by Product (Weft-knit, Warp-knit), By Players/Companies Ltd; Georg and Otto Friedrich GmbH; and Zhejiang Chaoda Warp Knitting Co, Baltex; Jong Stit Co, Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Knitted Fabric Market Report Segments:

The market is segmented by Application (Household, Technical), by Product (Weft-knit, Warp-knit).

Knitted Fabric Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Knitted Fabric Market

Overview of the regional outlook of the Knitted Fabric Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Knitted Fabric Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Knitted Fabric Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Household

                2. Technical

                1. Weft-knit

                2. Warp-knit

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Knitted Fabric Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Knitted Fabric Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.