Key Insights

The global knitting machinery market, valued at approximately $2.5 billion in 2025, is projected to experience steady growth, driven by increasing demand for knitted fabrics in the apparel and textile industries. A compound annual growth rate (CAGR) of 3.90% from 2025 to 2033 indicates a robust market expansion, fueled by several key factors. Technological advancements in knitting machinery, such as the integration of automation and digitalization, are enhancing production efficiency and product quality, thereby attracting investments from major players. Furthermore, the rising adoption of sustainable manufacturing practices within the textile sector is stimulating demand for energy-efficient and eco-friendly knitting machines. The growth is further propelled by shifting consumer preferences towards comfortable and versatile knitted garments, driving demand for diverse fabric structures and designs achievable through advanced knitting technologies. Growth is expected to be particularly strong in regions with burgeoning textile industries and expanding consumer bases, such as Asia-Pacific.

However, challenges remain for market expansion. High initial investment costs for advanced knitting machinery can pose a barrier to entry for smaller players. Fluctuations in raw material prices and global economic uncertainties can also impact market growth. Furthermore, increasing competition from other fabric production methods and the need for skilled labor to operate sophisticated machinery are factors that could moderate market expansion. Despite these constraints, the overall outlook for the global knitting machinery market remains positive, with continuous technological advancements and increasing demand for knitted products expected to drive growth throughout the forecast period. Key players like Shima Seiki, Santoni, Groz-Beckert, and Karl Mayer are expected to maintain their market dominance through continuous innovation and strategic partnerships.

Global Knitting Machinery Market: A Comprehensive Report (2019-2033)

This in-depth report provides a comprehensive analysis of the global knitting machinery market, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report leverages rigorous data analysis and expert insights to deliver a detailed understanding of market dynamics, trends, and future growth potential. The market size is projected to reach xx Million by 2033, exhibiting a CAGR of xx% during the forecast period.

Global Knitting Machinery Market Market Structure & Competitive Dynamics

The global knitting machinery market exhibits a moderately concentrated structure, with key players holding significant market share. The competitive landscape is characterized by intense rivalry, driven by continuous innovation, technological advancements, and strategic mergers & acquisitions (M&A). Market concentration is estimated at xx%, with the top five players accounting for approximately xx Million in revenue in 2024. Innovation ecosystems play a crucial role, with companies investing heavily in R&D to develop advanced knitting technologies. Regulatory frameworks, varying across regions, impact market access and operational efficiency. Product substitutes, such as 3D printing technologies, pose a growing challenge, while end-user trends towards sustainable and customized textile products are shaping market demand. Recent M&A activity has been moderate, with deal values totaling approximately xx Million in the last five years. Examples include [mention specific M&A deals if available with values, otherwise replace with "limited disclosed M&A activity"].

• Market Share: The top three players hold approximately xx% of the market share.
• M&A Activity: xx Million in deal value over the past five years, showing a focus on strategic expansion and technology acquisition.
• Innovation Ecosystems: Strong emphasis on digitalization and automation in knitting machine technology.
• Regulatory Landscape: Varying regulations across different countries influence market access and compliance costs.

Global Knitting Machinery Market Industry Trends & Insights

The global knitting machinery market is experiencing significant growth driven by several key factors. The increasing demand for knitted fabrics in various end-use industries, such as apparel, automotive, and medical textiles, is a major driver. Technological advancements, including the integration of automation, digitalization, and smart manufacturing technologies, are enhancing production efficiency and quality. Consumer preferences for sustainable and ethically sourced textiles are driving demand for environmentally friendly knitting machinery. Competitive dynamics are characterized by ongoing innovation, strategic partnerships, and a focus on providing customized solutions to meet specific customer needs. Market penetration of advanced technologies like computerized knitting machines is steadily increasing, reaching an estimated xx% in 2024. This growth is projected to continue at a CAGR of xx% during the forecast period.

Dominant Markets & Segments in Global Knitting Machinery Market

The Asia-Pacific region dominates the global knitting machinery market, driven by factors such as robust economic growth, a large and expanding textile industry, and supportive government policies promoting industrialization. China, in particular, is a major market, benefiting from its extensive manufacturing base and strong domestic demand. Other key regions include Europe and North America, which exhibit significant demand for high-performance and technologically advanced knitting machinery.

• Key Drivers in Asia-Pacific:
  • Rapid industrialization and economic growth.
  • Large and growing textile and apparel industry.
  • Government incentives and investment in manufacturing.
• Key Drivers in Europe:
  • High demand for advanced and specialized knitting machinery.
  • Focus on sustainable and innovative textile production.
  • Strong presence of established knitting machinery manufacturers.
• Key Drivers in North America:
  • High consumer demand for high-quality apparel and textiles.
  • Focus on automation and efficiency in textile manufacturing.

Global Knitting Machinery Market Product Innovations

Recent years have witnessed significant product innovations in the knitting machinery market, focusing on enhanced speed, precision, and automation capabilities. The integration of digital technologies, such as IoT and AI, is transforming knitting processes, improving efficiency and enabling real-time monitoring. These innovations offer competitive advantages by enhancing productivity, reducing production costs, and improving the quality of knitted fabrics. The trend towards sustainable production is also reflected in new machines designed for energy efficiency and reduced environmental impact.

Report Segmentation & Scope

This report segments the global knitting machinery market based on various factors, providing a granular view of market dynamics.

• By Machine Type: Circular knitting machines, flat knitting machines, warp knitting machines, and others. Each segment's growth projections, market sizes, and competitive dynamics are analyzed.
• By Application: Apparel, automotive, medical textiles, and others. Each segment's market size and growth projections are detailed.
• By Region: Asia-Pacific, North America, Europe, and Rest of the World. The market size and growth potential of each region are discussed.

Key Drivers of Global Knitting Machinery Market Growth

The growth of the global knitting machinery market is propelled by several key factors. Technological advancements leading to increased efficiency and automation are driving market expansion. The rising demand for knitted fabrics in diverse industries, coupled with supportive government policies and increasing investments in the textile sector, further fuels market growth. Moreover, the growing focus on sustainability and ethical sourcing in the textile industry creates an opportunity for eco-friendly knitting machinery.

Challenges in the Global Knitting Machinery Market Sector

The global knitting machinery market faces several challenges, including the rising cost of raw materials, increasing competition from low-cost manufacturers, and the complexities of navigating diverse regulatory frameworks across different regions. Supply chain disruptions can also impact production and delivery timelines. Technological advancements necessitate continuous investment in R&D to stay competitive, posing a significant financial burden for some market players.

Leading Players in the Global Knitting Machinery Market Market

• Shima Seiki Mfg Ltd
• Santoni S p A
• Groz Beckert KG
• Pai Lung Machinery Mill Co Inc
• Terrot GmbH
• Karl Mayer Textilmaschinenfabrik GmbH
• Mayer Cie GmbH Co KG (MCT)
• Monarch Knitting Machinery Corp
• H Stoll AG Co KG
• Steiger Participations Sa
• Matsuya Industries
• Orizio S r l
• Keum Yong Textile Machinery
• 63 Other Companies (Overview/Key Information)

Key Developments in Global Knitting Machinery Market Sector

• May 2022: KM.ON, the software company of the KARL MAYER Group, innovates and digitalizes the textile value chain with new digital solutions to improve customer experience, reduce business complexity, and boost profitability.
• May 2022: Mayer & Cie. launched upgrade kits for existing circular knitting machines, enabling users to benefit from technological advancements, improve machine performance, and extend their lifespan.

Strategic Global Knitting Machinery Market Market Outlook

The future of the global knitting machinery market appears promising, with significant growth potential driven by continued technological advancements, increasing demand for specialized knitted fabrics, and the growing focus on sustainable manufacturing practices. Strategic opportunities exist for companies that can effectively leverage digital technologies, offer customized solutions, and cater to the evolving needs of diverse end-use industries. The market is expected to witness further consolidation through M&A activity, with a focus on expanding technological capabilities and global market reach.

Global Knitting Machinery Market Segmentation

• 1. Machine Type
  • 1.1. Weft Industrial Knitting Machines
    • 1.1.1. Flat Bar Knitting Machines
    • 1.1.2. Straight Bar Knitting Machines
    • 1.1.3. Circular Knitting Machines
    • 1.1.4. Circular Bearded Single Knitting Machines
  • 1.2. Warp Industrial Knitting Machines
    • 1.2.1. Rachel Knitting Machines
    • 1.2.2. Tricot Knitting Machines
• 2. Knit Type
  • 2.1. Single Knit Industrial Knitting Machines
  • 2.2. Double Knit Industrial Knitting Machines
• 3. Application
  • 3.1. Automotive and Transportation Textiles
  • 3.2. Sports Textiles
  • 3.3. Building and Construction Textiles
  • 3.4. Apparel Textiles
  • 3.5. Home and Furniture Textiles
  • 3.6. Others

Global Knitting Machinery Market Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
• 2. South America
  • 2.1. Brazil
  • 2.2. Argentina
  • 2.3. Rest of South America
• 3. Europe
  • 3.1. United Kingdom
  • 3.2. Germany
  • 3.3. France
  • 3.4. Italy
  • 3.5. Spain
  • 3.6. Russia
  • 3.7. Benelux
  • 3.8. Nordics
  • 3.9. Rest of Europe
• 4. Middle East & Africa
  • 4.1. Turkey
  • 4.2. Israel
  • 4.3. GCC
  • 4.4. North Africa
  • 4.5. South Africa
  • 4.6. Rest of Middle East & Africa
• 5. Asia Pacific
  • 5.1. China
  • 5.2. India
  • 5.3. Japan
  • 5.4. South Korea
  • 5.5. ASEAN
  • 5.6. Oceania
  • 5.7. Rest of Asia Pacific