Report Update May 1, 2024

World - Knitting Machines - Market Analysis, Forecast, Size, Trends and Insights

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Global Knitting Machines Market 2024

Knitting Machines Market Size

In 2023, after two years of growth, there was significant decline in the global knitting machines market, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Global consumption peaked at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Knitting Machines Production

In value terms, knitting machines production expanded slightly to $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, global production hit record highs at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Knitting Machines Exports

Exports

In 2023, approx. X units of knitting machineses were exported worldwide; increasing by X% on 2022 figures. In general, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The global exports peaked in 2023 and are expected to retain growth in years to come.

In value terms, knitting machines exports dropped to $X in 2023. Over the period under review, exports, however, saw a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The global exports peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, reaching X units, which was approx. X% of total exports in 2023. It was distantly followed by Singapore (X units), creating a X% share of total exports. The following exporters - the UK (X units), Japan (X units), Italy (X units) and Turkey (X units) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to knitting machines exports from China stood at X%. At the same time, Turkey (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Italy (X%), Japan (X%) and the UK (X%) illustrated a downward trend over the same period. China (X p.p.) and Singapore (X p.p.) significantly strengthened its position in terms of the global exports, while Italy, Japan and the UK saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest knitting machines supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Japan ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

In China, knitting machines exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Italy (X% per year).

Export Prices by Country

In 2023, the average knitting machines export price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other global leaders experienced more modest paces of growth.

Knitting Machines Imports

Imports

In 2023, overseas purchases of knitting machineses increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Global imports peaked in 2023 and are likely to continue growth in the immediate term.

In value terms, knitting machines imports fell to $X in 2023. Overall, imports, however, saw a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, global imports attained the maximum at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.

Imports by Country

India represented the key importing country with an import of about X units, which recorded X% of total imports. The United States (X units) ranks second in terms of the total imports with a X% share, followed by Canada (X%). Peru (X units), Bangladesh (X units), Spain (X units), France (X units), the UK (X units), Singapore (X units), South Africa (X units) and Italy (X units) followed a long way behind the leaders.

India was also the fastest-growing in terms of the knitting machineses imports, with a CAGR of X% from 2012 to 2023. At the same time, South Africa (X%), Spain (X%), Singapore (X%), Canada (X%), Italy (X%), France (X%) and the United States (X%) displayed positive paces of growth. Peru experienced a relatively flat trend pattern. By contrast, Bangladesh (X%) and the UK (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the global imports, while Peru, the United States, Bangladesh and the UK saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest knitting machines importing markets worldwide were India ($X), the United States ($X) and Bangladesh ($X), with a combined X% share of global imports. Italy, France, the UK, Peru, Canada, Spain, South Africa and Singapore lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average knitting machines import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Global import price peaked at $X per unit in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the global knitting machines market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28941430 - Circular knitting machines
Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023