Press release
Circular Weft Knitting Machine Research:CAGR of 13.8% during the forecast period
A Circular Weft Knitting Machine, also known as circular knitting machine, is knitted by means of circularly arranged needles mounted on this bed and has a large cylindrical knitting bed.
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Circular Weft Knitting Machine Product Definition
The circular weft knitting machine is specialized in the production of knitted articles with large diameters and large areas. The main feature of this machine is that it has a large cylindrical knitting bed on which knitting is carried out by means of circularly arranged stitches fitted on the bed. Applications of large circular knitting machines include the manufacture of various knitted items such as sweaters, socks, hats, gloves, skirts, etc.
Circular Weft Knitting Machine Market Summary
According to the new market research report "Global Circular Weft Knitting Machine Market Report 2024-2030", published by QYResearch, the global Circular Weft Knitting Machine market size is projected to grow from USD 1,049 million in 2023 to USD 2,514 million by 2030, at a CAGR of 13.8% during the forecast period.
Global Circular Weft Knitting Machine MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global Circular Weft Knitting Machine Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
Global Circular Weft Knitting Machine Top19Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Circular Weft Knitting Machine Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
This report profiles key players of Circular Weft Knitting Machine such as Pailung Machinery , Mayer and Cie, Fukuhara, Santoni (Shanghai) Knitting Machine Co., Ltd., Fujian Baiyuan Machinery Co., Ltd.
In 2023, the global top five Circular Weft Knitting Machine players account for 57.8% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Circular Weft Knitting Machine.
Circular Weft Knitting Machine,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Circular Weft Knitting Machine Market Report 2024-2030.
In terms of product type, Single Circular Weft Knitting Machine is the largest segment, hold a share of 67.5%,
Circular Weft Knitting Machine,Global Market Size, Split by ApplicationSegment
Based on or includes research from QYResearch: Global Circular Weft Knitting Machine Market Report 2024-2030.
In terms of product application, Apparel Textiles is the largest application, hold a share of 52.03%,
Market Drivers:
Increasing Demand for Textiles:
Growing global population and rising living standards are driving demand for clothing and home textiles, boosting the need for efficient knitting equipment.
Technological Advancements:
Continuous improvements in circular weft knitting machine technology, including automation and computer-aided design (CAD) systems, enhance production efficiency and product quality.
Restraint:
Maintenance and Operational Costs:
Maintaining and operating these machines requires specialized knowledge and skills, leading to additional training and maintenance expenses.
Raw Material Price Volatility:
The textile industry is dependent on various raw materials like cotton, polyester, and other synthetic fibers. Fluctuations in raw material prices can impact costs and profit margins.
Opportunity:
Technological Innovation and Automation:
Ongoing technological advancements and automation will continue to improve the performance and efficiency of circular weft knitting machines, reducing production costs and enhancing product quality. This will create more opportunities and competitive advantages in the market.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Circular Weft Knitting Machine market is segmented as below:
By Company
Fujian Baiyuan Machinery Co., Ltd.
Mayer and Cie
Terrot
Santoni (Shanghai) Knitting Machine Co., Ltd.
Fukuhara
Tayu Machine (Xiamen) Co., Ltd.
Wellmade
Orizio
Tompkin
Jinjiang Xinda PRECISION Machinery Co., Ltd.
Dong Guan Hang Xing Knitting Machinery Co., Ltd.
Quanzhou Hengyi Machinery Co., Ltd.
Jinjiang Hongji Machinery Co., Ltd.
Fujian Taifan Industrial Co., Ltd.
SAN DA MACHINERY CO., LTD.
Unitex
JIUNN LONG MACHINE CO., LTD
Welltex
Fukuhama
Segment by Type
Single Circular Weft Knitting Machine
Double Circular Weft Knitting Machine
Segment by Application
Textile
Sports & Outdoor
Automotive
Medical
Industrial
Other
Each chapter of the report provides detailed information for readers to further understand the Circular Weft Knitting Machine market:
Chapter 1: Introduces the report scope of the Circular Weft Knitting Machine report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Circular Weft Knitting Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Circular Weft Knitting Machine market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of Circular Weft Knitting Machine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Circular Weft Knitting Machine in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Circular Weft Knitting Machine competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Circular Weft Knitting Machine comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Circular Weft Knitting Machine market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Circular Weft Knitting Machine Market Insights, Forecast to 2030
Global and United States Circular Weft Knitting Machine Market Report & Forecast 2024-2030
Global Circular Weft Knitting Machine Market Research Report 2024
Circular Weft Knitting Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Circular Weft Knitting Machines Market Insights, Forecast to 2030
Global and United States Circular Weft Knitting Machines Market Report & Forecast 2024-2030
Circular Weft Knitting Machines- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Circular Weft Knitting Machines Market Research Report 2024
Circular Weft Knitting Machine - Global Market Insights and Sales Trends 2024
Global Circular Weft Knitting Machine Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Circular Weft Knitting Machine Market Insights, Forecast to 2029
Global Circular Weft Knitting Machine Market Research Report 2023
Global and United States Circular Weft Knitting Machine Market Report & Forecast 2022-2028
About Us：
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
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QY Research Inc.
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