Press release
Knitted Fabric Market Poised for Expansion, Forecast at 4.87% CAGR to Hit USD 294.3 Billion by 2035
Knitted fabrics, produced by interlooping yarns, are widely recognized for their flexibility, elasticity, breathability, and comfort. These characteristics have made them a preferred choice in apparel, home textiles, sportswear, and technical applications. The market growth is supported by evolving fashion trends, the expansion of e-commerce, and innovations in sustainable and high-performance yarns.
Knitted fabrics are versatile textiles used across multiple segments, including garments, sportswear, hosiery, undergarments, and home furnishings. Unlike woven fabrics, knitted materials are stretchable, lightweight, and capable of conforming to body movements, making them ideal for activewear and casual clothing.
The growth of the market is being propelled by several factors, including rising disposable incomes, changing consumer lifestyles, increasing urbanization, and global demand for sustainable and high-quality fabrics. Additionally, the rise of fashion-conscious consumers and the popularity of athleisure wear are boosting the demand for innovative knitted fabric designs.
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Key Market Drivers
• Growth in Apparel and Fashion Industry
The global fashion and apparel industry is expanding, particularly in emerging economies. Consumers are increasingly seeking comfortable, stylish, and versatile clothing, driving demand for knitted fabrics in garments, activewear, and casual wear.
• Rising Popularity of Athleisure and Sportswear
The athleisure trend has surged globally, with consumers preferring clothing that blends style with performance. Knitted fabrics are ideal for sportswear, yoga apparel, and gym wear due to their elasticity, moisture-wicking capabilities, and breathability.
• Expansion of E-commerce and Retail Channels
The proliferation of online fashion platforms has made a wide variety of clothing more accessible to consumers worldwide. This growth in retail and e-commerce channels is driving demand for innovative and diverse knitted fabric offerings.
• Demand for Sustainable and Eco-Friendly Fabrics
Consumers are increasingly prioritizing sustainability in textile purchases. Manufacturers are responding by producing organic cotton, recycled polyester, and blended yarns for knitted fabrics, thereby promoting eco-friendly fashion solutions.
• Technological Advancements in Yarn and Fabric Production
Innovations such as circular knitting machines, seamless knitting technology, and 3D knitted fabrics are enhancing production efficiency, quality, and customization options. These technologies allow manufacturers to cater to both functional and aesthetic demands.
Market Challenges
Despite promising growth, the knitted fabric market faces several challenges:
• Raw Material Price Volatility - Fluctuations in cotton, polyester, and other yarn prices may affect production costs and profitability.
• Competition from Woven Fabrics - Although knitted fabrics are gaining popularity, woven fabrics continue to dominate certain apparel segments.
• Quality and Durability Concerns - Some knitted fabrics are prone to pilling and deformation, which can affect consumer satisfaction.
• Supply Chain Disruptions - Global events, such as pandemics or trade restrictions, can disrupt raw material supply and manufacturing processes.
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Market Trends
• Eco-Friendly and Organic Fabrics - Increasing adoption of sustainable fibers, recycled yarns, and low-impact dyes.
• Seamless and 3D Knitting - Advanced knitting techniques for enhanced comfort, stretchability, and performance apparel.
• Customization and On-Demand Production - Growing trend of personalized and limited-edition fabrics for fashion and sportswear.
• Integration of Smart Textiles - Knitted fabrics embedded with sensors, conductive yarns, or wearable technology.
• Expansion in Athleisure and Lifestyle Apparel - Rising consumer preference for multifunctional and comfortable clothing.
Market Segmentation Analysis
By Material Type
• Cotton Knitted Fabrics
• Polyester Knitted Fabrics
• Wool Knitted Fabrics
• Blended Fabrics
• Other Synthetic Fabrics
By Product Type
• Flat Knitted Fabrics
• Circular Knitted Fabrics
By End-Use Industry
• Apparel
• Home Textiles
• Industrial Applications
• Others
By Distribution Channel
• B2B (Business-to-Business)
• Retail & E-Commerce
Regional Insights
North America
North America holds a significant share of the knitted fabric market, driven by high consumption of fashion apparel, sportswear, and athleisure products. The U.S. leads the region in demand, supported by well-established fashion brands and growing awareness of sustainable textiles.
Europe
Europe is a mature market, with Germany, Italy, France, and the U.K. as key consumers. The region emphasizes eco-friendly production, high-quality fabrics, and innovative designs. Green certifications and sustainable manufacturing processes are increasingly shaping the market.
Asia-Pacific
Asia-Pacific is projected to witness the fastest growth over the forecast period due to rapid urbanization, growing middle-class populations, and expanding garment manufacturing industries in countries like China, India, and Bangladesh. The region also serves as a global manufacturing hub for knitted fabrics.
Latin America
Latin America demonstrates steady growth, particularly in Brazil and Mexico, driven by rising fashion awareness, increasing disposable income, and expansion of retail infrastructure.
Middle East & Africa
The Middle East & Africa market is growing gradually, with demand primarily concentrated in high-end fashion, luxury apparel, and sportswear segments in countries such as UAE, Saudi Arabia, and South Africa.
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Key Companies in the Knitted Fabric Market Include
• Taiwan Textile Federation
• Mitsubishi Rayon Co., Ltd.
• Toray Industries, Inc.
• Teijin Limited
• Shinkong Synthetic Fibers
• Chung Shing Textile Co., Ltd.
• Oriental Chemical Fiber
Future Outlook
The knitted fabric market is projected to maintain steady growth, reaching USD 294.3 billion by 2035, at a CAGR of 4.87%. Key factors shaping the future of the market include:
• Expansion of the global fashion and apparel industry.
• Rising demand for sustainable and high-performance fabrics.
• Technological advancements in circular knitting, seamless fabrics, and 3D knitting technologies.
• Growth in e-commerce and direct-to-consumer sales channels.
• Increasing use of knitted fabrics in home textiles and industrial applications.
Manufacturers that focus on sustainability, innovation, and regional market penetration are likely to gain a competitive edge in the evolving global market.
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