Global Knitted Fabrics Market to Witness Steady Expansion During 2018 to 2027 | Key Players are Guilford Mills, Gehring Tricot Corporation, Rebtex Inc., Macra Lace Company, etc.
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With burgeoning demand for knitted fabrics in the global clothing and textile industry, a mounting number of manufacturers are entering the market to capitalize on lucrative business opportunities. These new market entrants and emerging players collectively account for 45-50% share of the knitted fabrics market. On the other hand, knitted fabrics market leaders are aiming to gain momentum in the clothing and textile industry by enhancing their value chains on two fronts – automation and nearshoring. Stagnation in Western markets has consequentially resulted in new players entering the developing markets for knitted fabrics. A mounting number of start-ups in the knitted fabrics market are adopting advanced technologies to introduce innovative fabrics and gain an edge in the knitted fabrics market. In addition, small scale producers in the knitted fabrics market in developing countries are also benefitting from favorable regulations and low labor costs, making their way through the highly-competitive knitted fabrics market.
Notable developments in the knitted fabrics market:
A leading Italy-based manufacturer of high-quality knitted fabrics, Luxury Jersey recently announced the launch of two new fabrics for the luxury segment, in partnership with partner Fulgar – an Italian producer of man-made fibers. The company used Evo by Fulgar, which is a yarn made from castor oil, in combination with GOTS-certified organic cotton to manufacture these new fabrics. The company also announced that the two new fabrics offer a strong sustainable component in the knitted fabrics market, and can be ideal for women’s outwear and sportswear.
In February 2018, scientists at Texinov Medical Textiles – a French manufacturer of warp-knitted textiles, developed a knitted fabric using laser technology that can be used in treatments for skin diseases such as actinic keratosis, psoriasis, and acne with light.
Zaha Hadid Architects and researchers from ETH Zurich – a science, technology, engineering, and mathematics University based in Zürich, Switzerland – developed double-curved concrete shelled pavilion was made with the help of KnitCrete – a 3D-knitted formwork. This framework is claimed to have helped in saving material, waste, and labor for construction by simplifying the construction process for complex shapes.
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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The FactMR study is a seamless presentation of unique insights on how the knitted fabrics market will expand across the globe during 2018-2027. The utmost objective of FactMR report on knitted fabrics market is to provide compelling insights on the demand generating factors, dynamic aspects, key product developments in the market, and overall market scenario of the knitted fabrics market. The report includes the ultimate predictions about growth of the knitted fabrics market in terms of market size (US$ million) and market volume (tons) during the assessment period.
The FactMR 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).
The FactMR report provides readers with exclusive predictions about the historic and recent development in the knitted fabrics market for the period 2018-2027. A unique methodology is followed while conducting a thorough research about the knitted fabrics market to conclude the growth prospects of the market.
The information featured in the FactMR report is acquired by following a unique and in-depth secondary and primary market research on growth parameters of the knitted fabrics market. Secondary research on the knitted fabrics elucidates the historical industry-validated data, facts and information about the knitted fabrics market.
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