Increase In Textile Production Fueling The Growth Of The Market Due To Rising Demand For Fast Fashion: Transformative Forces Shaping the Circular Weft Knitting Machine Market Landscape in 2025

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What Will the Circular Weft Knitting Machine Industry Market Size Be by 2025?
The market size for circular weft knitting machines has shown robust growth in the past few years. With a market valuation of $1.06 billion in 2024, it is expected to rise to $1.14 billion in 2025, replicating a compound annual growth rate (CAGR) of 7.3%. This upward trend during the historical period can be ascribed to a surge in the home textiles sector, beneficial government policies backing the textile industry, increasing recognition of knit fabrics in medical textiles, an upward shift in the production of circular knitwear targeting the luxury fashion market and a growing consumer inclination towards comfort and proper fit in apparel.

What's the Long-Term Growth Forecast for the Circular Weft Knitting Machine Market Size Through 2029?
In the coming years, the circular weft knitting machine market is predicted to experience robust growth, reaching a size of $1.56 billion in 2029 with a noted compound annual growth rate (CAGR) of 8.1%. Factors contributing to this growth during the projected period include the rising demand for knitted fabrics in the world of fashion, the development of the textile and clothing industries, increased operational efficiency due to automation and digitization, growing desire for seamless clothes, and the burgeoning sportswear and activewear sectors. The forecast period will also see major trends such as innovative developments in the design of knitting machines, the ability to customize circular knitting machines, an emerging demand for environmentally friendly textiles and sustainable production methods, an improved manufacturing of patterned and textured fabrics, and integration of industry 4.0 technologies.

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What Are the Key Growth Drivers Fueling the Circular Weft Knitting Machine Market Expansion?
The circular weft knitting machine market is expected to expand due to the surge in textile production forecasted in the foroming years. A textile is made by intertwining fibers using various techniques such as knitting, weaving, or felting, primarily used in the creation of apparel, upholstery, and industrial items. The escalation in textile production is a result of the global increase in the demand for quick and inexpensive fashion, as shoppers are constantly on the lookout for stylish, affordable outfits that need rapid and bulk production to keep up with fluctuating fashion trends. This increase in textile production indirectly amplifies the demand for circular weft knitting machines, as these machines can produce continuous fabrics quickly, making them ideal for cost-effective, bulk knitwear production. For instance, a report from the Textile Exchange, a non-profit organization based in the US, stated in September 2024 that the production of virgin fossil-based synthetic fibers increased from 67 million tons in 2022 to 75 million tons in 2023. Polyester retained its dominant position in global production, accounting for 57% of total fiber output. Hence, the anticipated increase in textile production is likely to positively impact the growth of the circular weft knitting machine market.

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Which Fast-Growing Trends Are Poised to Disrupt the Circular Weft Knitting Machine Market?
Big companies in the circular weft knitting machine industry are concentrating their efforts on creating products with advanced technology, like large-diameter circular knitting machines, to improve production efficiency. Large-diameter circular knitting machines are a type of circular knitting machine, notable for their broad cylinder diameter which usually runs anywhere from 30 inches to 60 inches or even more. Santoni, a fashion brand based in Italy, unveiled Innotas in December 2022. This machine, designed solely for managing fiber build-up, is a single jersey machine loaded with 3 feeds per inch. The Innotas circular knitting machine has been skillfully designed to manage fiber accumulation effectively, thus ensuring a steady fabric quality and minimizing downtime. One distinct feature it possesses is the ability to be equipped with 4 cam tracks, allowing the flexible knitting of structures with or without Lycra to meet diverse fabric needs.

How Is the Circular Weft Knitting Machine Market Segmented?
The circular weft knitting machinemarket covered in this report is segmented -

1) By Type: Single Circular Weft Knitting Machine, Double Circular Weft Knitting Machine
2) By Machine Capacity: Small Capacity Machines, Medium Capacity Machines, High Capacity Machines
3) By Technology: Computerized Knitting Technology, Mechanical Knitting Technology, Hybrid Knitting Technology
4) By End-User Industry: Fashion and Apparel, Automotive, Medical Textiles, Aerospace

Subsegments:
1) By Single Circular Weft Knitting Machine: Single Jersey Machine, Fleece Machine, Terry Machine, Open Width Machine
2) By Double Circular Weft Knitting Machine: Rib Machine, Interlock Machine, Jacquard Machine, High Pile Machine

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Which Companies Are Leading the Charge in Circular Weft Knitting Machine Market Innovation?
Major companies operating in the circular weft knitting machine market are Fujian Hanma Group Co. Ltd, Unitex Co. Ltd., Shima Seiki Mfg Ltd, Pai Lung Machinery Mill Co. Ltd, Santoni S.p.A., Suntech Textile Machinery Co Ltd., Keumyoung Co. Ltd., Jinjiang Hongji Machinery Co Ltd, Quanzhou Baiyuan Machinery Science & Technology Co Ltd, Sintex cz, Mayer & Cie GmbH & Co. KG, Terrot GmbH, Fukuhama, Wellknit, Welltex Co Ltd., Santec Precision Machinery Co Ltd, Trützschler Group SE, SANTEX Rimar Group, Lisky technology ltd, Fujian Taifan Industrial Co Ltd.

Which Regions Are Leading the Global Circular Weft Knitting Machine Market in Revenue?
Asia-Pacific was the largest region in the circular weft knitting machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the circular weft knitting machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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