Global Circular Knitting Machine Market Outlook: Trends and Forecast to 2031


 Global Circular Knitting Machine Market Analysis (2025–2031)

The global circular knitting machine market was valued at USD 705 million in 2024 and is projected to reach approximately USD 882 million by 2031, growing at a CAGR of 3.3% during the forecast period from 2025 to 2031.

The global circular knitting machine market is experiencing steady growth, fueled by increasing demand for knitted fabrics across apparel, home textiles, and technical applications. These machines are favored for their high-speed operation, production efficiency, and ability to produce seamless, high-quality fabrics with diverse patterns and textures.

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Key Trends Include:

  • Growing adoption of digital controls and automation to improve precision and reduce manual intervention.

  • Rising interest in sustainable textile production, leading to machines compatible with recycled fibers and lower energy usage.

  • Integration of smart sensors and IoT-enabled systems for real-time monitoring and predictive maintenance.

  • Demand for multi-functional machines capable of switching between fabric types and designs with minimal downtime.

Market Segments Analysis:

  • By Type: Includes single circular and double circular machines. Double circular machines are gaining popularity for producing thicker, textured fabrics used in activewear and winter apparel.

  • By Application: Key sectors include apparel textiles, home textiles, and technical textiles. Apparel holds the largest market share, while technical textiles are emerging rapidly due to their use in automotive, medical, and industrial sectors.

  • By Region:

    • Asia-Pacific leads the market, driven by strong textile manufacturing bases and export-oriented economies.

    • North America and Europe show consistent demand due to automation trends and preference for high-performance knitwear.

    • Latin America, Middle East, and Africa offer new growth opportunities with increasing investments in textile production infrastructure.

Market Opportunity:
Growing consumer demand for fast fashion, customization, and seamless garments presents strong growth potential. The expansion of technical textiles and sustainability trends further open up opportunities for advanced knitting technologies.

Growth Drivers and Challenges:
Drivers:

  • Rising global demand for comfortable, stretchable knitwear.

  • Increasing automation and smart factory adoption.

  • Demand for energy-efficient and high-speed textile production.

Challenges:

  • High capital investment for advanced machines.

  • Technical complexity and maintenance requirements.

  • Competition from alternative textile machinery like flat knitting systems.

The circular knitting machine market is well-positioned for long-term growth, supported by technological advancements and shifting global textile demands.

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