The Circular Weft Knitting Machine Market Is Projected to Reach $1.69 Billion by 2030

The circular weft knitting machine industry has witnessed significant expansion recently, driven by advancements in textile manufacturing and rising market demands. As the sector evolves, new technologies and shifting consumer needs are shaping its future trajectory. Below is an overview of the market size, influential players, emerging trends, and segmentation details that define this growing industry.

Market Size and Growth Outlook for the Circular Weft Knitting Machine Market
The circular weft knitting machine market has experienced robust growth over the past years. From $1.14 billion in 2025, it is projected to reach $1.23 billion in 2026, reflecting a compound annual growth rate (CAGR) of 8.1%. This growth during the historical period has been fueled by the expansion of textile and apparel manufacturing, rising demand for knitted fabrics, increased automation in textile mills, availability of cutting-edge knitting technologies, and the growth of export-oriented garment production.

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Looking ahead, the market is anticipated to continue its strong upward trend, reaching $1.69 billion by 2030 with a CAGR of 8.2%. Factors supporting this forecast include the growing adoption of smart textile manufacturing practices, increasing demand for technical and medical textiles, expansion in sustainable fabric production, rising investments in high-capacity machines, and wider use of digital design integration. Key trends expected to influence this period comprise computer-controlled knitting systems, demand for high-speed fabric production, expansion of multi-functional knitting machines, energy-efficient equipment, and a focus on fabric customization.

Major Companies Leading the Circular Weft Knitting Machine Market
Several prominent companies play a vital role in the circular weft knitting machine industry. These include 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, and Fujian Taifan Industrial Co Ltd.

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In a significant development in September 2023, Santoni Shanghai Knitting Machinery Co. Ltd., a Chinese manufacturer, acquired Germany-based Terrot. This strategic move aims to strengthen and transform the circular knitting sector by combining Terrot's advanced technology expertise, diverse product offerings, and global customer base with Santoni's capabilities.

Emerging Trends Shaping the Circular Weft Knitting Machine Market
Companies in the circular weft knitting machine sector are increasingly focused on integrating advanced technologies such as IoT-enabled control systems to boost operational efficiency and enable data-driven decision-making. These systems connect knitting machines to the internet and cloud platforms, allowing for real-time monitoring, remote assistance, and streamlined spare-parts management.

For example, in May 2025, Mayer & Cie., a German manufacturer of circular knitting and braiding machines, launched Control 5.0, making its machines IoT-ready. This system securely links machines to Knitlink, a cloud-based platform, and is offered as an upgrade for existing equipment, while new mechanical machines come pre-equipped with the technology. Control 5.0 provides two user interface options: SmartControl, which includes up to four SmartKnobs on machine legs and mobile device integration for role-based access, and ClassicControl, which centralizes controls on a touchscreen. Knitlink supports various apps for real-time data monitoring (my.monitoring), remote service support (my.service), and parts lookup, with updates delivered wirelessly, eliminating the need for manual intervention.

Segmentation of the Circular Weft Knitting Machine Market by Type, Application, and Region
This report divides the circular weft knitting machine market into several segments:
1) By Type: Single Circular Weft Knitting Machine and 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

Further subcategories break down as follows:
- Single Circular Weft Knitting Machine includes Single Jersey Machine, Fleece Machine, Terry Machine, and Open Width Machine.
- Double Circular Weft Knitting Machine includes Rib Machine, Interlock Machine, Jacquard Machine, and High Pile Machine.

This segmentation helps in understanding the diversity within the circular weft knitting machine market and the specific demands of varied end-use industries.

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This release was published on openPR.