The Circular Weft Knitting Machine Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Circular Weft Knitting Machine Market?
The global market size for circular weft knitting machines has experienced significant growth lately. The market is expected to increase from $1.06 billion in 2024 to $1.16 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Circular Weft Knitting Machine Industry?
The Circular Weft Knitting Machine Global Market is expected to grow to $1.61 billion by 2029, with a forecasted compound annual growth rate (CAGR) of 8.6%.
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What are the Key Growth Drivers Fueling the Circular Weft Knitting Machine Market?
The key drivers in the circular weft knitting machine market are:
• Increased demand for knitted fabrics in the fashion industry
• Growth in the textile and apparel sectors
• Automation and digitization enhancing operational productivity
• Rising demand for seamless apparel and sportswear
Global Market Segmentation: Identifying Major Circular Weft Knitting Machine Industry Segments
The circular weft knitting machine market 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
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What are the Emerging Trends Shaping the Future of the Circular Weft Knitting Machine Market?
The key trends in the circular weft knitting machine market are:
• The future of the circular weft knitting machine market is shaped by technological advancements in machine design.
• Customisation capabilities of circular knitting machines are an emerging trend.
• There is a growing demand for eco-friendly textiles and sustainable manufacturing.
• The integration with Industry 4.0 technologies and the enhanced production of patterned and textured fabrics are also notable trends.
Who Are the Top Competitors & Leading Players in the Circular Weft Knitting Machine Market?
Major players 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.
Regional Dominance: Which Area Leads the Global Circular Weft Knitting Machine Market?
Asia-Pacific was the largest region in the circular weft knitting machine market in 2024
