The Knitted Fabric market is projected to reach USD 33.63 Billion by 2027. Critical factors such as increasing use of knitted fabric as a technical textile in the automotive, retail, manufacturing, medical, and construction industries are expected to drive market growth in the near future. The development of seamless and float plating technology has increased manufacturing efficiency and broadened the product’s scope around the world.
Key participants include Gehring Tricot Corporation, Guilford Mills, Macra Lace Company, Rebtex Inc, Clover Knits, Damodar Menon International Pvt Ltd, SAS Tex
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The technical application segment dominated the global market and accounted for the majority of total revenue. Technological advances such as 3D knitting or spacer fabric, have broadened the product’s scope in different industries, including apparel, construction, automotive, and household. The increasing importance of medical textiles in implantable medical devices has broadened the product’s scope in the pharmaceutical industry. Dimensional strength, controlled elongation, controlled porosity, and compressibility are the product’s favorable characteristics, making it well suited for medical use.
The demand for knitted fabric has increased in denim garments, as customer preference moves to wrinkle-resistant, lightweight, light, and comfortable textiles. The growing value of synthetic fibers in the building and apparel industries is expected to fuel market growth in the coming years. In the construction industry, the application of the fiber has expanded as geotextiles in roof, walls, dams, and roads.
Thermal insulation and dust-resistant synthetic fiber features make it suitable for making curtains, napkins, carpets, and table cloths. The application of artificial intelligence has increased in the industry. It helps predict the properties and product consistency before the actual textile is produced. AI plays a significant role in clothing quality inspection, thus reducing errors and expenses.
The comprehensive analysis of the Knitted Fabric market assists businesses in gaining a competitive advantage and helps them reach their business goals and objectives. The global Knitted Fabric market research report is formulated with the descriptive profiles of the leading companies of the market along with their pricing analysis, gross revenue, financial standing, sales network and distribution channel, profit margins, and market position. This offers the readers a complete understanding of the competitive landscape of the Knitted Fabric industry.
The Knitted Fabric research report draws focus on the strengths and weaknesses of the key players of the market through a comprehensive SWOT analysis and Porter’s Five Forces analysis to project the growth rate.
Segmentation Analysis
The global Knitted Fabric market report further segments the market based on product types offered by the market, applications, and key geographies of the market. The research study assesses the market in terms of market size, volume, revenue, and share.
Furthermore, the report also offers an accurate assessment of the market share and customer base of the Knitted Fabric market in the major geographical regions of the world. The report also analyzes the growth of the individual segments of the Knitted Fabric industry throughout the forecast period.
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Warp-Knit
- Weft-Knit
Material Type Outlook (Revenue, USD Billion; 2017-2027)
- Synthetic Fibers
- Elastomeric
- Cotton
- Artificial Fibers
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
- Household
- Clothing
- Fashion
- Technical
- Medical
- Others
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Knitted Fabric market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Objectives of the Knitted Fabric Market Report:
- Analysis and forecast of the Global Knitted Fabric Market by segmentation of the market
- Analysis of various macro and micro-economic factors influencing the growth of the Knitted Fabric market
- Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
- Insights into drivers, restraints, opportunities, limitations, threats, and challenges
- Analysis of the key players operating in the industry
- Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans
In conclusion, the report offers an extensive panoramic view of the Knitted Fabric industry, backed by key statistical data and figures garnered from authentic sources and thorough primary and secondary research. The report offers a thorough examination of the size, shape, and volume of the market to offer an accurate forecast estimation of the Knitted Fabric industry till 2027. The report also strives to offer strategic recommendations to the new players entering the Knitted Fabric industry and guide them for overcoming entry-level barriers. It also offers recommendations to the established companies to fortify their presence in the Knitted Fabric market and capitalize on the emerging opportunities in the industry.
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