Press release
Knitting Machine Market to Reach US$ 9.03 Bn by 2032, Driven by Demand for Automation
✅Overview of the Knitting Machine MarketThe global knitting machine market is undergoing a transformative phase, driven by the demand for advanced textile production techniques and rising consumer preference for sustainable fashion. The market, valued at US$ 5.52 billion in 2025, is projected to reach US$ 9.03 billion by 2032, expanding at a CAGR of 7.3% from 2025 to 2032. With the textile industry rapidly evolving, manufacturers are increasingly adopting automated knitting machinery to enhance efficiency, reduce labor dependency, and ensure precision in fabric quality.
Weft knitting machines currently lead the segment, owing to their versatility in producing stretchable and breathable garments. Asia Pacific dominates the global knitting machine market, primarily due to high production capacities and the presence of major textile exporters like China, India, and Bangladesh. The region benefits from cost-effective labor, favorable government policies, and robust demand from domestic and international apparel industries.
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✅Key Highlights from the Report
➤The knitting machine market is projected to grow at a CAGR of 7.3% between 2025 and 2032
➤Asia Pacific leads the market due to high textile production and export volume
➤Weft knitting machines dominate due to their wide usage in apparel manufacturing
➤Demand for circular knitting machines is increasing in the athleisure segment
➤Technological advancements are enabling automation and real-time monitoring
➤Growing demand for sustainable fashion is encouraging adoption of eco-friendly knitting processes
✅Market Segmentation Analysis
The knitting machine market is segmented primarily by product type, including weft knitting machines, warp knitting machines, flatbed knitting machines, and circular knitting machines. Among these, weft knitting machines hold a leading position due to their capability to manufacture flexible and stretchable textiles such as t-shirts and sportswear. Circular knitting machines, known for high-speed production, are gaining popularity in the activewear and innerwear segments due to the growing trend of athleisure clothing.
From an end-user perspective, the market is segmented into textile manufacturers, garment factories, and home textile producers. Textile manufacturers are the primary users, accounting for the bulk of demand due to their role in mass-producing fabrics for various applications. Additionally, the increasing customization trend and demand for premium knitwear are pushing manufacturers to adopt high-speed, computerized knitting machines for diversified output.
✅Regional Insights
Asia Pacific dominates the global knitting machine market, with China, India, and Bangladesh emerging as manufacturing hubs. These countries benefit from low operational costs, large-scale production capabilities, and strong export networks, making the region an epicenter for knitting machine installations.
Europe holds the second-largest share, driven by demand for advanced knitting technologies in countries like Germany and Italy. The region is home to leading knitting machine manufacturers and benefits from growing interest in sustainable and high-end textile products.
✅Market Dynamics
Market Drivers
The rapid growth of the fashion and textile industry globally is a primary driver for the knitting machine market. The increasing consumer demand for comfortable and stretchable clothing, especially in athleisure and casual wear segments, has driven investments in high-efficiency, automated knitting systems. Additionally, digitization and Industry 4.0 trends are pushing textile companies to integrate smart knitting technologies that offer real-time data tracking and reduced human error.
Market Restraints
Despite its promising growth, the market faces certain constraints, notably the high cost of advanced knitting machinery. Small and medium-sized enterprises, especially in developing regions, often struggle with the initial capital investment. Moreover, the need for skilled labor to operate complex machinery can hamper adoption rates in less developed markets.
Market Opportunities
The increasing emphasis on eco-friendly textiles and sustainable production methods presents significant growth opportunities. Brands and consumers alike are leaning towards green fashion, pushing manufacturers to adopt energy-efficient and low-waste knitting machines. Additionally, the rising adoption of knitting machines in technical textiles-such as medical and automotive fabrics-offers untapped market potential.
✅Reasons to Buy the Report
☑Understand current and future market trends, helping to formulate strategic business decisions
☑Gain insights into key regional markets and their influence on global dynamics
☑Evaluate technological advancements shaping the knitting machinery landscape
☑Identify growth opportunities and potential investment areas
☑Access detailed profiles and strategies of leading market players
✅Company Insights
✦KARL MAYER Textilmaschinenfabrik GmbH
✦Shima Seiki Mfg., Ltd.
✦Stoll AG & Co. KG
✦Santoni S.p.A.
✦Fukuhara Industrial & Trading Co., Ltd.
✦Mayer & Cie. GmbH & Co. KG
✦Terrot GmbH
✦Quanzhou Baiyuan Machinery Science & Technology Co., Ltd.
✦Cixing Group Co., Ltd.
✦Pailung Machinery Mill Co., Ltd.
■In 2024, Shima Seiki announced the launch of a next-gen computerized flat knitting machine that integrates AI-based pattern optimization for customized knitwear production.
■KARL MAYER partnered with a leading textile manufacturer in India to establish a knitting technology center focusing on warp knitting innovations and sustainable production.
✅Conclusion
The global knitting machine market is poised for steady growth, supported by advancements in textile manufacturing and shifting consumer preferences towards comfort, customization, and sustainability. With Asia Pacific holding a dominant position and weft knitting machines leading in product type, the industry is witnessing significant transformation through automation and digitization. While high costs and skill requirements pose challenges, opportunities in eco-friendly textiles and technical applications offer a promising future for investors and stakeholders. As demand for innovative and efficient textile production rises, the knitting machine market will continue to evolve, setting the stage for robust industrial expansion through 2032.
✅About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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