Press release
Knitted Fabrics Market: Nearly 50% Market Shares Held by Emerging Players || Key Players: Damodar Menon International Pvt Ltd., Krishna Overseas, Jason Mills LLC, and William J Dixon Inc.
Fact.MR recently published a market study, “Knitted Fabrics Market: Global Industry Analysis and Opportunity Assessment, 2018-2027”, which examines the important growth prospects of the knitted fabrics market. The report provides detailed information on unique and accurate growth prospects of the knitted fabrics market to help stakeholders to make well-informed business decisions. The market report presents in-depth explanation on how the knitted fabrics market will expand during the forecast period 2018-2027 with the help of industry-validated market dynamics that justify the claims made in the report by analysts at Fact.MR.Knitted fabrics is a type of elastic textiles that are manufactured by interlocking yarns with the help of a pair of needles. Knitted fabrics can be manufactured by two principal methods – weft knitting and warp knitting. Knitted fabrics are generally comfortable, lightweight, and can be made more easily and quickly that woven fabrics, with which they are often used interchangeably.
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Knitted fabrics sales will increase from approximately 49 thousand tons to reach nearly 52 thousand tons during the period 2018-2019, according to a recent study of Fact.MR. The incremental growth of the knitted fabrics market is influenced by a variety of factors, such as positive growth prospects of the textile industry and increasing popularity of knitwear among the millennial population.
With growing awareness about unique benefits of knitted fabrics, when they are used as medical textiles, knitting technologies have emerged to be an integral part of the healthcare industry. For example, warp knitting technology is becoming popular as one of the most economic technologies used to manufacture thermostatic textiles used in surgery to maintain patients’ body temperature.
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Market Structure
The Fact.MR report divides the knitted fabrics market into its four broad sub-segments – construction type, fabrics type, applications, and regions.
Based on the construction types of knitted fabrics, the knitted fabrics market is segmented into two main categories – weft knitted fabrics, and wrap knitted fabrics. Based on the fabric types, the knitted fabrics market is segmented into flat/jersey, purl fabric, rib stitch, and interlock.
According to the applications of knitted fabrics, the knitted fabrics market is segmented into Agrotech, Buildtech, Indutech, Sportech, Packtech, Meditech, Clothtech, and Geotech. Based on geographical regions, the knitted fabrics market is segmented into North America, Latin America, Europe, Japan, Asia Pacific region excluding Japan (APEJ), and the Middle East & Africa (MEA).
China leads growth of the knitted fabrics market in the APEJ region with a whopping 61% share in the global sales of knitted fabrics, according to the Fact.MR study. China is one of the top clothing exporters in the world, as it accounts for over one-third of the EU’s apparel and textile imports. Domestic manufacturers in the China’s knitted fabrics market are rapidly transforming their manufacturing strategies with digitalization and automation to bolster their sales of high-quality knitting fabrics worldwide.
The report provides information about knitted fabrics market structure, key financials, recent competitive developments, and financial share analysis of leading stakeholders in the knitted fabrics market. The companies featured in the report include Guilford Mills, Gehring Tricot Corporation, Rebtex Inc., Macra Lace Company, Clover Knits, SAS Textiles, Damodar Menon International Pvt Ltd., Krishna Overseas, Jason Mills LLC, and William J Dixon Inc.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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