Market Size of Global Warp Knitting Machine Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.70 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Warp Knitting Machine Market Analysis
The Global Warp Knitting Machine Market is expected to grow at a CAGR of 3.7% over the forecast period of 2022-2027.
The COVID-19 outbreak halted production in China first, followed by store closures around the world. Observable changes in maritime transport networks as a result of the pandemic include, for example, a reduction in service frequency (blank sailings and idle fleet) and changes in routing, particularly affecting Asia-Northern Europe services, a key axis in the trade of fashion goods.
Rising demand for synthetic knitted products across the world is driving the demand for warp knitting machines. Increasing demand for knitted sportswear is also fueling the demand for warp knitting machines. Rising demand for sports footwear is augmenting the demand for sports textiles, which is the raw material used to manufacture sports footwear. This, in turn, is propelling the demand for warp knitting machines used in the production of sports textiles.
Wrap knitting machines have come up with a new model with electronic guide bar control, which allows for immediate pattern changes without any mechanical modification and no delay in production. The double needle bar technology is creating new opportunities besides the usage of 3D spacer fabrics. This ingenious bar arrangement and technical configuration, combined with the new technology, enables this double needle bar machine to open up a new dimension, producing fabrics with diverse malleable patterning on both fabric sides. Small and flat reliefs, or deep and bulky forms with cushioning, are possible. Further, the design can contain freely placed holes, for even more possibilities. The openings can be used for directed air flow or lighting effects. Such opportunities enhance the growth of the warp knitting machines market.
Warp Knitting Machine Industry Segmentation
Warp knitting is defined as a loop forming process in which yarn is fed into a knitting zone, parallel to the fabric selvedge. In a warp knitting machine, the fabric is made by forming loops from yarns coming in parallel sheet form run in the direction of fabric.The The Global Warp Knitting Machine Market is segmented by Machine Type (Tricot Knit, Raschel Knit, Crochet Knit, Milanese Knit), by Application (Apparel Textiles, Home Textiles, Technical Textiles, Automotive Textiles, Others) and by Geography (North America (United States, Mexico and Canada), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), Europe (Germany, France, United Kingdom, Italy, Spain and Rest of Europe), Middle East & Africa (South Africa, Saudi Arabia, UAE and Rest of Middle East & Africa) and South America (Brazil and Rest of South America)). The report offers market size and forecasts for Global Warp Knitting Machine Market in value (USD billion) for all above segments.
| By Machine Type | |
| Tricot Knit | |
| Raschel Knit | |
| Crochet Knit | |
| Milanese Knit |
| By Application | |
| Apparel Textiles | |
| Home Textiles | |
| Technical Textiles | |
| Automotive Textiles | |
| Others |
| By Region | ||||||||
| ||||||||
| ||||||||
| ||||||||
| ||||||||
|
Global Warp Knitting Machine Market Size Summary
The warp knitting machine market is experiencing a steady growth trajectory, driven by the increasing demand for synthetic knitted products and sportswear globally. The market is characterized by its competitive and fragmented nature, with key players like Karl Mayer, Jakob Müller AG, and Santoni S.p.A. leading the charge. Innovations such as electronic guide bar control and double needle bar technology are enhancing production capabilities, allowing for immediate pattern changes and the creation of diverse fabric designs. These advancements are particularly beneficial in the sports and leisure footwear sectors, where there is a growing trend for new materials and designs. The use of piezo jacquard technology is further expanding design possibilities, making spacer fabrics a popular choice for both sports enthusiasts and fashion-conscious consumers.
The market's expansion is also supported by strategic reorganizations and investments in key regions like India, where companies are enhancing their support capacities to better serve the traditional textile industry. The merger of warp knitting and flat knitting activities by Karl Mayer Group has resulted in synergies that benefit customers through improved service and care solutions. Despite the highly competitive landscape, the market continues to thrive with ongoing technological advancements and strategic collaborations. Companies are focusing on digital solutions to streamline operations and enhance profitability, ensuring they remain competitive in the evolving market landscape.
Global Warp Knitting Machine Market Size - Table of Contents
-
1. MARKET INSIGHTS
-
1.1 Current Market Scenario
-
1.2 Market Dynamics
-
1.2.1 Drivers
-
1.2.2 Restraints
-
1.2.3 Opportunities
-
1.2.4 Industry Attractiveness - Porter's Five Forces Analysis
-
1.2.4.1 Bargaining Power of Suppliers
-
1.2.4.2 Bargaining Power of Consumers
-
1.2.4.3 Threat of New Entrants
-
1.2.4.4 Threat of Substitutes
-
1.2.4.5 Intensity of Competitive Rivalry
-
-
-
1.3 Technological Trends
-
1.4 Government Regulations
-
1.5 Value Chain / Supply Chain Analysis
-
1.6 Impact of COVID-19 on the Market
-
-
2. MARKET SEGMENTATION
-
2.1 By Machine Type
-
2.1.1 Tricot Knit
-
2.1.2 Raschel Knit
-
2.1.3 Crochet Knit
-
2.1.4 Milanese Knit
-
-
2.2 By Application
-
2.2.1 Apparel Textiles
-
2.2.2 Home Textiles
-
2.2.3 Technical Textiles
-
2.2.4 Automotive Textiles
-
2.2.5 Others
-
-
2.3 By Region
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
-
2.3.2 Europe
-
2.3.2.1 United Kingdom
-
2.3.2.2 France
-
2.3.2.3 Italy
-
2.3.2.4 Spain
-
2.3.2.5 Germany
-
2.3.2.6 Rest of Europe
-
-
2.3.3 Asia-Pacific
-
2.3.3.1 India
-
2.3.3.2 China
-
2.3.3.3 Japan
-
2.3.3.4 South Korea
-
2.3.3.5 Rest of Asia-Pacific
-
-
2.3.4 Middle East & Africa
-
2.3.4.1 South Africa
-
2.3.4.2 Saudi Arabia
-
2.3.4.3 United Arab Emirates
-
2.3.4.4 Rest of Middle East & Africa
-
-
2.3.5 South America
-
2.3.5.1 Brazil
-
2.3.5.2 Rest of South America
-
-
-
Global Warp Knitting Machine Market Size FAQs
What is the current Global Warp Knitting Machine Market size?
The Global Warp Knitting Machine Market is projected to register a CAGR of 3.70% during the forecast period (2024-2029)
Who are the key players in Global Warp Knitting Machine Market?
Karl Mayer, Jakob Müller AG, Santoni S.p.A., Taiwan Giu Chun Ind. Co., Ltd and Wuyang Textile Machinery (China) Co. Ltd. are the major companies operating in the Global Warp Knitting Machine Market.
