Knitted Fabric Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Knitted Fabric Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global knitted fabric market grew at a CAGR of around 4% during 2015-2020. Knitted fabric refers to a textile material consisting of consecutive rows of intermeshed loops of yarns. The horizontal rows in the fabric are called course and the vertical rows are known as wales. Knitted fabrics are widely used in the manufacturing of jumpers, scarves, hats and gloves, along with various home textiles, such as cushions, curtains, dust bags, mattresses and carpets. In line with this, they are also used in the manufacturing of car seats, airbags, protective wire linings, roofs, filters, seat belts and mats. In comparison to other textiles, knitted weft and warp fabrics are usually more lightweight, comfortable, cost-effective and easy to manufacture.

Significant growth in the textile industry across the globe represents one of the key factors creating a positive outlook for the market growth. Moreover, shifting consumer preference toward lightweight and high-performance knitwear, such as loop stitch jackets, cardigans, shawls, and scarfs, is providing a thrust to the market growth. In line with this, knitted fabrics are also used to produce various medical textiles, including bandages, plasters, hospital laundry bags, medical mattresses, covers and orthopedic support products, which is also contributing to the growth of the market. Additionally, various product innovations, such as the launch of bio-compatible knitted and implantable medical textiles, are acting as other growth-inducing factors. These novel variants include artificial ligaments, arteries, veins, surgical meshes, hernia sheets and hip joints. Other factors, including the development of knitted fabrics with high compression strength, anti-tear, chlorine-resistant and featherweight properties, along with the utilization of artificial intelligence (AI) in textile manufacturing technologies, are anticipated to drive the market further. Looking forward, IMARC Group expects the global knitted fabric market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global knitted fabric market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.

Breakup by Product:

Weft-Knit
Warp-Knit

Breakup by Application:

Household Products
Fashion and Clothing
Industrial Applications

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abhinandan Knits Pvt. Ltd., Baltex, Georg + Otto Friedrich GmbH, Guilford (Lear Corporation), Haining Jinmao Warp Knitting Co. Ltd., Jong Stit Co. Ltd., Loyal Textile Mills Ltd., Pacific Textiles Holdings Limited, SSM Industries Inc., Teejay Lanka PLC, Toray Industries Inc. and Zhejiang Chaoda Warp Knitting Co. Ltd.

Key Questions Answered in This Report:

How has the global knitted fabric market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global knitted fabric market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global knitted fabric market and who are the key players?
What is the degree of competition in the industry?