Knitted Fabric Market Size, Share & Trends Report

Knitted Fabric Market Size, Share & Trends Analysis Report By Product (Weft-knit, Warp-knit), By Application (Technical, Household), By Region, And Segment Forecasts, 2019 - 2025

  • Published Date: Jul, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-3-68038-204-4
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 80

Industry Insights 

The global knitted fabric market size was valued at USD 23.8 billion in 2018 and is anticipated to witness significant growth in the forecast period. Growing apparel industry is one of the major factors driving the market. Furthermore, increasing importance of knitted fabric in the automobile, construction, manufacturing, and medical sectors is expected to fuel market demand over the forecast period.

Shifting consumer preference for lightweight and high performance knitwear is fueling the demand for feathery raw materials including polypropylene, linen, silk, faux fur, and synthetic fibers. Woven fabrics have been replacing bulked yarns made knitted fabrics. Over the past few years, the apparel industry has been witnessing steady growth in demand for the loop stitch jackets, cardigans,large shawls, and scarfs. In terms of color, grey, classic black, brown, and beige have been gaining significant popularity across the world.

U.S. knitted fabric market

Furthermore, demand for feather light circular knit fabrics has increased in the hosiery market due to its better breathability of the material. Lightweight knitted textile has also gained significant traction in the protective clothes market. Sponge-like, anti-tear, and durable materials are applied in single or double layers in the protective clothes. Similarly, featherweight textile, along with high compression, chlorine resistant, and moisture management property, has witnessed high demand in the sportswear industry.

In addition, application of knitted fabric has been increasing in denim garments, as consumer preference is shifting towards wrinkle resistant, flexible, soft, and comfortable textile. Rising importance of synthetic fibers in the construction and apparel industries is expected to propel the growth of the market in the upcoming years. Application of the fiber has been expanding in the construction industry as geotextiles in roof, walls, dams, and roads.

Moreover, thermal insulation and dust resistant features of synthetic fiber make it ideal for the production of curtains, napkins, carpets, and table clothes. Implementation of artificial intelligence (AI) has been increasing in this industry. It helps to predict the properties and the quality of the product before manufacturing the actual textile. AI plays an important role in the quality inspection of textile, which reduces errors and expenses.

Fast adoption of 3D knitting machines in the industry has increased the productivity of the manufacturers. This machine can knit multiple yarns at the same time by using digitally stored information. This technology makes customization easier and saves both operating time and costs. These technological developments are expected to foster market growth over the world. However, rising cotton price and counterfeit products can hamper the growth of the industry in the near future.

Product Insights

Weft-knit fabric dominated the industry with a share of more than 60.0% in 2018. Low cost, better elasticity, and simpler production process make it more preferable among the manufacturers. It includes different types of stitches such as plain or jersey, rib, purl, interlock, double knit, and circular knitting. Weft knitting is commonly used for underwear, pajamas, jumpers, scarves, hats, and gloves. Over the past few years, circular knitting machines have gained significant importance in the seamless hosieries and underwear manufacturing industry.

The warp-knit products are expected to witness the fastest CAGR of 6.4% from 2019 to 2015. Warp knitting is used in several industries including apparel, inner wears, shoes, household, automotive, and industrial. Rapid growth of the automotive, construction, and manufacturing industries is expected to fuel the segment growth. Different types of warp knitting include tricot knits, raschel knit, crochet knit, and Milanese knit.

Application Insights

As of 2018, the technical application segment held the largest share of over 80.0%. Packaging, automotive, manufacturing, household, construction, and medical are the major applications in the technology sector. The raschel and crocheting knitting technology ensures safe and scratches free handling of sensitive components due to its knots free property. Therefore, it gained significant popularity in the packaging industry. Knitted bags and sacks are used for the shipment of industrial and food products.

One of the major applications of the product also lies in the automotive industry. The spacer fabric is widely used in the production of car seats, airbags, protective lining over wires, and roof due to its cushioning feature. These textiles are used in tires, filters, mats, seat belts, and soundproof engine. Rapid growth of the automobile industry is expected to boost the demand for the product in the near future.

Global knitted fabric market

Knitted fabric has a wide application as home textiles in the household sector, including products such as home cushion, curtains, carpets, dust bags, dust covers, and door mattress. Synthetic material is gaining popularity in curtain manufacturing due to its light resistance property. Rising per capita income in the developing countries is anticipated to fuel the demand for home textile in the upcoming years.

The product has gained significant importance in the medical textile. It has a wide application in the production of bandage, plasters, hospital laundry bags, wheelchairs covers and seating, medical mattresses, and orthopedic support by using the 3D spacer, 4D spacer, meshes, plain, and brushed fabrics. Furthermore, these fabrics have a wide usage as implantable medical textiles such as artificial ligaments, artery, veins, sutures, hernia sheets, artificial elbows, and hip joints. Rapid progress of the medical industry is projected to boost the demand for the product.

Regional Insights

As of 2018, Asia Pacific dominated the knitted fabric market and accounted for 70.2% share of the total revenue. China holds the largest share among all the countries in the world. This nation is one of the top exporters of the clothing industry across the world. It represents one-third textile and apparel import of Europe. Manufacturers in this country are shifting towards automation and digitalization for high high-quality knitting textile.

Other than China, India and Bangladesh are also prominent markets for knitwear. Favorable regulatory frameworks, government initiatives, and low labor cost have accelerated the growth of the industry in this region. In addition, growing manufacturing, construction, and automotive industries in the region is expected to fuel the demand for the product in the near future.

Knitted Fabric Market Share Insights

Key players of this industry include Baltex; Jong Stit Co., Ltd.; Georg and Otto Friedrich GmbH; Zhejiang Chaoda Warp Knitting Co., Ltd.; ABHINANDAN KNITS PVT LTD.; Haining Jinmao Warp Knitting Co., Ltd.; Guilford; Loyal Textile Mills Ltd.; TORAY INDUSTRIES, INC.; Pacific Textiles Holdings Limited; Teejay Lanka PLC; and SSM Industries. It is a highly fragmented market, which includes a large number of small producers and a few large producers.

However, the large players hold a significant share in the market. Over the past few years, manufactures of this industry are focusing on product development to widen the application sector. For instance, a U.K. based company, Baltex has been focusing on the innovation of Advanced Surface Technology (AST), especially on 3XD Spacer Fabrics. Furthermore, the company is developing sustainable fabrics by using biopolymers.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Million and CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa

Country scope

U.S., Germany, U.K., China, India, Brazil, and UAE

Report coverage

Revenue forecast, company share, competitive landscape, and growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels, and provides an analysis on the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global knitted fabric market report based on product, application, and region:

  • Product Outlook (Revenue, USD Million, 2015 - 2025)

    • Weft-knit

    • Warp-knit

  • Application Outlook (Revenue, USD Million, 2015 - 2025)

    • Technical

    • Household

    • Fashion & Clothing

  • Regional Outlook (Revenue, USD Million, 2015 - 2025)

    • North America

      • U.S.

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • China

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

      • UAE

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified