Circular Knitting Machine Sales Market Outlook

The global circular knitting machine market is estimated to reach a value of approximately USD 2.5 billion by 2035, with a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2025 to 2035. The demand for circular knitting machines is primarily driven by the increasing use of knitted fabrics in various sectors, most notably in apparel and home textiles. The diversification of fabric types and the growing trend toward automation and efficiency in textile production are also key factors propelling market growth. Additionally, innovations in machine technology, such as improved energy efficiency and better production speeds, are enhancing the appeal of these machines to manufacturers. The shift towards sustainable and eco-friendly manufacturing practices is further stimulating demand for advanced knitting machines, thus shaping the future landscape of the circular knitting machine market.

Growth Factor of the Market

One of the primary growth factors for the circular knitting machine market is the rising demand for comfortable and functional textiles, especially in the apparel sector. As consumer preferences lean towards more versatile and stylish clothing options, manufacturers are increasingly investing in advanced knitting machines that can produce complex patterns and structures. Furthermore, the growing trend of fast fashion has resulted in the need for efficient and agile production processes, prompting textile manufacturers to adopt modern circular knitting technologies. The expansion of the e-commerce sector is also notable, as it facilitates access to a wider array of textile products, ultimately boosting the demand for knitted fabrics. Additionally, the increasing adoption of technical textiles in industries such as automotive and healthcare is further driving the demand for specialized circular knitting machines tailored to meet specific application needs.

Key Highlights of the Market

• The global circular knitting machine market is projected to reach USD 2.5 billion by 2035.
• A growing emphasis on sustainable manufacturing practices is influencing investment in advanced machines.
• Technological advancements enhance production efficiency, reducing operational costs for manufacturers.
• Rising disposable incomes and changing consumer preferences are fueling demand in the apparel sector.
• The market is witnessing a shift towards automation, leading to increased productivity in textile manufacturing.

By Product Type

Single Jersey:

The single jersey circular knitting machines are widely used for their ability to produce a single-layer fabric that is lightweight and stretchy, making them ideal for apparel such as t-shirts and lightweight garments. These machines operate using a simple needle mechanism, allowing for quick production times and versatile fabric designs. The single jersey fabricÔÇÖs comfort and flexibility make it a popular choice for various fashion applications. In addition, advancements in technology have introduced features that enable manufacturers to create more intricate patterns and textures, expanding the potential uses of single jersey fabrics in the market.

Double Jersey:

Double jersey circular knitting machines are designed to create two layers of fabric simultaneously, resulting in thicker and more durable textiles. This type of machine is particularly favored for producing heavier garments like sweatshirts and outerwear, which require added warmth and comfort. The double jersey fabric's robust nature allows for creative design possibilities, making it suitable for both casual and high-end fashion. As consumers increasingly seek out quality and longevity in their clothing, the demand for double jersey fabrics is expected to rise, thereby propelling growth in this segment of the circular knitting machine market.

Rib:

Rib circular knitting machines specialize in creating ribbed fabrics, known for their stretch and elasticity. This type of fabric is commonly used in cuffs, collars, and waistbands, providing a snug fit that enhances garment aesthetics and functionality. The rib structure offers unique design opportunities, allowing manufacturers to produce a variety of textures and styles. The increasing trend of athleisure and fitted clothing contributes to the growing demand for ribbed fabrics, as they provide comfort and style. Consequently, rib circular knitting machines are experiencing enhanced adoption among textile manufacturers looking to diversify their offerings.

Interlock:

Interlock knitting machines are engineered to produce interlock fabrics, characterized by their smooth surface and excellent stability. These fabrics are often utilized in high-quality apparel, including dresses and sportswear, due to their soft feel and durability. The interlock construction provides a unique advantage by allowing for both sides of the fabric to have the same appearance, enhancing the aesthetic appeal of garments. As consumer preferences lean towards comfort and versatility, the demand for interlock fabrics is on the rise, encouraging manufacturers to invest in interlock circular knitting machines to meet market needs.

Terry:

Terry circular knitting machines are designed to create terry cloth, a highly absorbent fabric commonly used in towels, bathrobes, and activewear. The unique looping structure of terry fabric provides exceptional softness and water absorption, making it a preferred choice in home textiles and personal care products. The growing focus on wellness and self-care has boosted the demand for plush and absorbent textiles, leading to an increase in the production of terry fabrics. As a result, manufacturers are incorporating advanced technology into terry knitting machines to enhance efficiency and quality, further driving growth in this segment.

By Application

Apparel Textiles:

The apparel textiles application segment represents a significant portion of the circular knitting machine market, as knitted fabrics are extensively used for various types of clothing. The ongoing trend in the fashion industry towards innovative, comfortable, and versatile clothing solutions drives demand for circular knitting machines capable of producing high-quality knitted fabrics. Additionally, the rise of athleisure and the growing preference for casual wear among consumers further contribute to the increasing need for advanced knitting technologies. Manufacturers are actively seeking machines that enable rapid production and customization of designs, thereby enhancing their competitiveness in the apparel market.

Home Textiles:

Home textiles, including bed linens, curtains, and upholstery, are increasingly incorporating knitted fabrics due to their softness and aesthetic appeal. The circular knitting machine market is witnessing a surge in demand for machines that specialize in producing materials suitable for home furnishings. As consumers continue to prioritize comfort and style in their living spaces, manufacturers are investing in advanced knitting technologies to produce unique and high-quality knitted home textile products. Innovations in material technology, such as the development of eco-friendly fibers, are also influencing the home textiles segment, driving the need for circular knitting machines that can accommodate these new materials.

Industrial Textiles:

The industrial textiles application segment is gaining traction as circular knitting machines are utilized in producing specialized textiles for various industrial applications, including automotive, healthcare, and protective clothing. These textiles require specific properties such as resistance to wear, breathability, and comfort, which can be achieved through advanced knitting techniques. The demand for industrial textiles is on the rise due to increasing safety regulations and the need for durable materials in various sectors. Consequently, manufacturers are focusing on expanding their capabilities to produce high-performance knitted fabrics, thereby enhancing the growth potential of this segment in the circular knitting machine market.

Others:

In addition to apparel, home, and industrial textiles, the "Others" application segment encompasses a range of specialized uses for circular knitted fabrics. This includes applications in medical textiles, sports equipment, and automotive interiors, among others. The versatility of knitted fabrics allows for innovative uses across different industries, as manufacturers continue to explore new functionalities and market opportunities. As the demand for customized and niche textile products increases, circular knitting machines that can adapt to unique specifications are becoming increasingly valuable, thereby contributing to the growth of this segment.

By Distribution Channel

Direct Sales:

Direct sales channels play a significant role in the circular knitting machine market, as manufacturers often engage in direct relationships with textile producers to provide tailored solutions. This approach allows for better communication between manufacturers and clients, ensuring that the machines meet specific production requirements. By offering direct sales, companies can also provide comprehensive customer support and after-sales services, enhancing client satisfaction. The growing trend of digital B2B platforms is further streamlining direct sales processes, enabling manufacturers to showcase their products and connect with potential buyers efficiently. As the emphasis on personalized service continues to rise, direct sales channels are expected to expand in importance within the circular knitting machine market.

Indirect Sales:

Indirect sales channels, including distributors and retailers, are essential for the circular knitting machine market, as they provide manufacturers with access to a broader customer base. Distributors often have established relationships within the textile industry, enabling them to effectively market and sell machines to potential buyers. The indirect sales model allows manufacturers to focus on production while leveraging the expertise of distributors for market outreach and customer engagement. However, as competition increases, it becomes critical for manufacturers to ensure that their products remain competitively priced and feature innovative designs to attract attention through indirect sales channels. With the ongoing transformation of the retail landscape, indirect sales are anticipated to remain a pivotal aspect of the market.

By Machine Type

Single Jersey:

Single jersey circular knitting machines are favored for their ability to produce cost-effective, lightweight fabrics suitable for a variety of applications, particularly in the apparel sector. These machines are known for their versatility, allowing manufacturers to create a wide range of fabric textures and patterns efficiently. As fashion trends evolve, the demand for single jersey fabrics is expected to grow, prompting manufacturers to adopt advanced single jersey machines capable of delivering high-quality output at competitive speeds. The innovations in this segment, including automatic features and digital controls, are further enhancing their operational efficiency and production capabilities.

Double Jersey:

Double jersey circular knitting machines are crucial for producing thicker, more durable fabrics, making them ideal for garments requiring additional warmth and structure. As consumer trends shift towards high-quality, layered clothing, the demand for double jersey fabrics is increasing. Manufacturers are focusing on upgrading their double jersey machines to improve functionality and expand their range of offerings, such as producing fabrics with unique designs and features. The continuous advancements in double jersey machine technology are enabling textile producers to meet the evolving demands of the apparel market effectively.

Rib:

Rib circular knitting machines specialize in creating ribbed fabrics that provide excellent stretch and recovery. This type of fabric is particularly sought after in the fashion industry for its adaptability in various garment designs, including fitted tops and activewear. The demand for ribbed fabrics is expected to grow as trends towards fitted clothing gain momentum. Manufacturers are investing in rib machines with advanced features that allow for increased customization and production speed, ensuring they can meet the market's dynamic needs. As a result, rib circular knitting machines are becoming an essential component in the production process for many textile manufacturers.

Interlock:

Interlock circular knitting machines are well-regarded for their ability to produce high-quality interlock fabrics, which are notable for their smooth finish and durability. This type of fabric is increasingly popular in the production of premium apparel, and the rise in consumer demand for high-quality clothing is driving growth in this segment. Manufacturers are working to enhance the operational efficiency of interlock machines while also focusing on innovative designs that resonate with contemporary fashion trends. The interlock machine segment is anticipated to witness steady growth as manufacturers seek to diversify their fabric offerings.

Terry:

Terry circular knitting machines are essential for producing terry cloth, which is highly valued for its absorbent qualities and soft texture. With a rising interest in wellness and comfort, the demand for terry fabrics in home textiles and personal care items is expanding. Manufacturers are increasingly investing in terry machines that integrate modern technology to improve production efficiency and fabric quality. As consumer preferences shift towards plush and luxurious textile options, the terry segment of circular knitting machines is expected to capture significant market share in the coming years.

By Region

The regional analysis of the circular knitting machine market reveals a diverse landscape of growth opportunities across different areas. North America holds a substantial share of the market, driven by the presence of key textile manufacturers and a robust apparel sector. The market in North America is expected to grow at a CAGR of 4.5% during the forecast period, supported by technological advancements and a demand for high-quality knitted fabrics. Meanwhile, the Asia Pacific region is anticipated to lead in market growth due to the rapid expansion of the textile industry in countries such as China and India, where rising disposable incomes and a burgeoning middle class are fueling demand for knitted apparel and home textiles. As a result, this region is projected to witness a CAGR of 6.0%, outpacing other areas.

Europe is also a significant market for circular knitting machines, with a strong focus on eco-friendly manufacturing practices and the production of high-quality knitted fabrics. The region benefits from established textile manufacturing hubs and a growing demand for sustainable textiles, contributing to steady market growth. Latin America and the Middle East & Africa are emerging markets for circular knitting machines, with increasing investments in textile production and a gradual shift towards modern manufacturing techniques. Although smaller in comparison, these regions represent growth opportunities for manufacturers looking to expand their presence in the global circular knitting machine market.

Opportunities

The circular knitting machine market presents numerous opportunities for manufacturers and investors looking to capitalize on the growing demand for knitted fabrics. One prominent opportunity lies in the advancements of automation and smart technology within the knitting machines. As manufacturers increasingly adopt Industry 4.0 principles, there is an opportunity to develop machines equipped with IoT capabilities, enabling better monitoring of production processes and predictive maintenance. By offering machines that can integrate with digital platforms and provide real-time data analytics, companies can improve operational efficiency and reduce downtime, which can significantly enhance their competitive advantage in the market.

Moreover, the rising trend towards sustainable and eco-friendly textiles opens new avenues for innovation within the circular knitting machine market. Manufacturers that focus on developing machines capable of processing sustainable fibers, such as organic cotton or recycled materials, are well-positioned to meet the growing consumer demand for environmentally responsible products. Additionally, the emphasis on producing multifunctional textiles that cater to health, wellness, and safety needs creates further opportunities for manufacturers to diversify their product offerings. By investing in research and development, companies can create cutting-edge machines that address these emerging trends, driving growth in the circular knitting machine market.

Threats

Despite the opportunities available in the circular knitting machine market, several threats could impact growth prospects. One of the significant challenges is the increasing competition from low-cost manufacturers, especially in regions like Asia. These manufacturers tend to offer lower-priced machines, which can negatively affect pricing dynamics and put pressure on established companies. As a result, manufacturers in higher-cost regions may need to focus on differentiation through innovation and value-added services to maintain their market position. Furthermore, fluctuations in raw material prices can also pose a threat to production costs, forcing manufacturers to adjust pricing strategies that could impact profitability.

Another potential restrainer for the circular knitting machine market is the slow rate of adoption of advanced knitting technologies among smaller manufacturers. While larger textile companies are more readily able to invest in cutting-edge machines, smaller players may struggle to do so, resulting in a disparity in production capabilities. This can lead to a consolidation of market share among larger companies, limiting growth opportunities for smaller enterprises. Additionally, the ongoing global supply chain disruptions, exacerbated by geopolitical tensions and trade regulations, can impact the availability of key components for circular knitting machines, further complicating market dynamics.

Competitor Outlook

• Shima Seiki Mfg., Ltd.
• Santoni S.p.A.
• Karl Mayer Textilmaschinenfabrik GmbH
• Terrot GmbH
• Groz-Beckert KG
• Autefa Solutions
• Welltex S.A.
• ChiaoGoo
• Rudolf GmbH
• Jiangsu Jingwei Textile Machinery Company Limited
• Winsun Machinery
• Fangyuan Group
• H. Stoll GmbH & Co. KG
• Dongguan Yuelon Textile Machinery Co., Ltd.
• Wuxi Hongda Textile Machinery Co., Ltd.

The competitive landscape of the circular knitting machine market is characterized by a mix of established players and emerging companies, each vying for market share through innovation, quality, and customer service. Major companies are focusing on research and development to introduce advanced knitting technologies that can enhance the efficiency and versatility of their machines. Additionally, many players are forming strategic partnerships and collaborations to expand their product offerings and penetrate new markets. The emphasis on sustainable manufacturing practices is also becoming a focal point for many companies, leading them to invest in eco-friendly production processes and materials that align with global sustainability goals.

Shima Seiki Mfg., Ltd. stands as a significant player in the circular knitting machine market, renowned for its cutting-edge technology and innovative designs. The company specializes in producing computerized knitting machines that offer exceptional precision and flexibility, allowing manufacturers to create intricate fabric designs. With a strong focus on research and development, Shima Seiki continues to enhance its product offerings, making it a preferred choice among textile manufacturers seeking high-quality output. Moreover, the company's commitment to sustainability positions it favorably in a market increasingly driven by eco-conscious consumer demands.

Another major competitor, Karl Mayer Textilmaschinenfabrik GmbH, is recognized for its advanced knitting technologies and expertise in warp knitting. The company has a comprehensive product portfolio that includes circular knitting machines designed for versatility and efficiency, catering to a wide range of applications. Karl Mayer's strong global presence enables it to serve diverse markets effectively, while its focus on innovation ensures that it remains at the forefront of the industry. The company's commitment to customer service and support further strengthens its competitive position in the circular knitting machine market.