Uptake of Knitting Machine Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects KDMI


KD Market Insights has published a report on global Knitting Machine Market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Knitting Machine Market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025.

The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

A knitting machine is used for manufacturing fabrics. These knitting machines are used for manufacturing automotive textiles, home textiles, lingerie, mosquito nets, lightweight coating substrates, sportswear/swimwear, lining fabrics, outerwear, etc. Apart from this, these machines are compatible for a wide range of fabric materials including polyethylene, nylon, polyester, polypropylene, and natural fibers.

The knitting machine market has been growing on the back of rapid growing textile industry across the globe. The world is witnessing great demand for home textiles, fashion clothes, sportswear, medical wear, automotive textiles, and others. This rising demand for textiles from different industry has encouraged fabric manufacturers to expand their production capabilities which in turn increases the sales of knitting machines throughout the world. Rising demand for synthetic knitted products across the world is driving the demand for warp knitting machines. Apart from this, technological advancements with knitting machines such as atomization of knitting machines are also expected to foster the demand for knitting machines across the globe. The textile industry contributes significantly to the world’s GDP. With rising, employment and governments support to the textile industry are predicted to foster the growth of knitting machine market in the coming years. Based on the type, the market is segmented by weft knitting machine (circular knitting machine, flat bar knitting machine, and straight bar knitting machine), and warp knitting machine (tricot knitting machine, raschel knitting machine, and others). Among other types of knitting machines, weft knitting machines acquired promising shares in the global knitting machines market.

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Segmentation Analysis

By Type

– Weft Knitting Machine

– Circular Knitting Machine

– Flat Bar Knitting Machine

– Straight Bar Knitting Machine

– Warp Knitting Machines

– Tricot Knitting machine

– Raschel knitting machine

– Others

 

By Application

– Automotive Textiles

– Apparel Textiles

– Home Textiles

– Sports Textiles

– Technical Textiles

– Others

This research report studied the Knitting Machine market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Knitting Machine market. Country analysis is also covered for various major economies across various regions:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
  • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

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This study evaluates and categorizes the key vendors in the Knitting Machine market. The key companies published in the report include among others

– Mayer & Cie. GmbH & Co. KG

– Stoll

– SANTONI SPA

– SHIMA SEIKI MFG., LTD.

– Terrot

– Unitex

– Fukuhara

– Baiyuan Machine

– ORIZIO SRL

– Pailung Machinery Mill Co.Ltd.

– Other Prominent Players

The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.

Why you should buy this research report:

In the past years, the Knitting Machine has grown at a significant rate and key decision makers are in need of market data to make vital decisions with regard to acquire more market share in Knitting Machine market. This report will help you:

  1. Obtain Full Understanding Of Global Knitting Machine Industry Through The In-Depth Coverage
  2. Gain Insights Into Market Expansion Across Countries
  3. Expand Your Product Line To Generate High Revenue And Growth Opportunities.
  4. Understand Latest Market Trends And Formulate Business Strategies Accordingly.
  5. Acquire More Market Share Through Strategic Decisions Based On Report Insights.
  6. Gain Insights About Key Financial Ratio And Business Strategies.

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