Global Industrial Knitting Equipment Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Flat Bed, Circular, Warp, and Others), By Application (Apparel, Home Textiles, Industrial Textiles, and Others), By Automation Level (Manual, Semi-Automatic, and Fully Automatic), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035.

Global Industrial Knitting Equipment Market Insights Forecasts to 2035

• The Global Industrial Knitting Equipment Market Size Was Estimated at USD 5.61 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.78% from 2025 to 2035
• The Worldwide Industrial Knitting Equipment Market Size is Expected to Reach USD 10.41 Billion by 2035
• Asia Pacific is expected to Grow the fastest during the forecast period.

The Global Industrial Knitting Equipment Market Size was worth around USD 5.61 Billion in 2024 and is predicted to Grow to around USD 10.41 Billion by 2035 with a compound annual growth rate (CAGR) of 5.78% from 2025 and 2035.  The industrial knitting equipment market is fueled by the growing need for modern knitting technologies in different textile uses and the spread of the fashion and apparel industry.

Market Overview

The industrial knitting equipment industry refers to high-performance equipment employed in the mass production of knitted garments and fabric. In most cases, the equipment is computerized and mechanizes knitting work to create fabric with different designs, patterns, and textures. The market for industrial knitting machines is increasing demand for customization and personalization in the textile and fashion sectors. Customers are increasingly looking for one-of-a-kind and personalized products, and knitted fabrics are more design flexible than woven fabrics. This trend is prompting manufacturers to implement high-tech knitting machines that can make customized and complex designs. Furthermore, the greater emphasis on sustainable and environmentally friendly processes in the textile sector offers tremendous scope for market development. Knit fabrics are regarded as more sustainable than woven fabrics, and the usage of energy-efficient and eco-friendly knitting technology will propel market demand. Moreover, the emergence of Industry 4.0 and intelligent manufacturing is fueling the implementation of totally automatic knitting machines with high-level control systems and digital technologies. In addition, the innovation of new and advanced knitting technologies, including seamless knitting and 3D knitting, offers huge growth prospects for the market.

Report Coverage

This research report categorizes the industrial knitting equipment market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the industrial knitting equipment market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the industrial knitting equipment market.

Driving Factors

The key drivers for the industrial knitting machinery market are the increasing demand for high-quality knitted textiles in the fashion sector. As fashion-conscious consumers increasingly demand comfortable and sustainable apparel, the demand for sophisticated knitting machines that can create complex and high-quality patterns has grown. Companies are spending heavily on new knitting technologies to meet the varied needs of fashion-conscious consumers, thus fueling market growth. Furthermore, advances in knitting machines allow for precision production that reduces excessive use of materials and can produce more sustainable fabrics. The rise of online shopping further created increased demand for fast-turnaround production capabilities, boosting the appeal of mode knitting equipment.

Restraining Factors

The adoption of industrial knitting equipment, particularly the issue is the expense of high-tech knitting equipment. The initial outlay for buying fully automatic and high-tech knitting machines can be too much for small and medium-sized businesses (SMEs). Moreover, the sophistication of running and maintaining high-tech knitting equipment may be a problem for manufacturers, especially in areas where there is a lack of skilled labor.

Market Segmentation

The industrial knitting equipment market share is classified into product type, application, and automation level.

• The circular segment is expected to hold the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

Based on product type, the industrial knitting equipment market is divided into flat bed, circular, warp, and others. Among these, the circular segment is expected to hold the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to their ability to produce large quantities of fabric at high speed and efficiently. The segment of circular knitting machines is likely to experience high growth as a result of the demand for seamless, comfortable knitted clothing. Additionally, the advancements in circular knitting technology, including the design of machines with the ability to produce multi-functional fabrics, are further boosting the growth of this segment.

• The apparel segment accounted for the largest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on the application, the industrial knitting equipment market is divided into apparel, home textiles, industrial textiles, and others. Among these, the apparel segment accounted for the largest share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is attributed to the growing demand for fashionable and comfortable apparel is propelling the demand for sophisticated knitting equipment that can deliver high-quality knitted fabric. Furthermore, the trend in the fashion industry towards sustainability and green practices is also driving the growth of this segment, as knitted fabric is more sustainable than woven fabric.

• The fully automatic segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

Based on automation level, the global industrial knitting equipment market is categorized into manual, semi-automatic, and fully automatic. Among these, the fully automatic segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment's growth is attributed to the use of completely automatic machines is prompted by the fact that which can increase efficiency in production and lower the costs of operation. Furthermore, the rate of adoption of automation in the textile sector is accelerating the growth of this segment.

Regional Segment Analysis of the Industrial Knitting Equipment Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold a significant share of the industrial knitting equipment market over the predicted timeframe.

North America is anticipated to hold a significant share of the global industrial knitting equipment market during the forecast period. The growing emphasis on eco-friendly and sustainable practices within the textile sector is fueling demand for energy-saving and green knitting technologies within the region. Moreover, the fashion and textile technology sector is prominently situated in the United States as well, due to the excessive need for leading-edge knitting machinery there. 

Asia-Pacific is expected to grow at a rapid CAGR in the industrial knitting equipment market during the forecast period. Asia-Pacific has an availability of a huge number of textile production units, especially in nations such as China, India, and Bangladesh. Furthermore, these nations are leading exporters of knitted garments and textiles, and thus require the implementation of high-tech knitting machines to satisfy worldwide demand.

Europe is anticipated to grow at the fastest pace in the global industrial knitting equipment market during the forecast period.  The strong demand for high-quality and tailored knitted fabrics in the fashion and home textiles markets. Additionally, the availability of well-established textile machinery producers and the growing use of automation in the textile sector are further stimulating market growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the industrial knitting equipment market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Shima Seiki Mfg., Ltd.
• Stoll AG & Co. KG
• Mayer & Cie. GmbH & Co. KG
• Santoni S.p.A.
• Karl Terrot GmbH
• Orizio SRL
• Ningbo Cixing Co., Ltd.
• Jiangsu Yingyou Textile Machinery Co., Ltd.
• Tai Ho Shing Knitting Machinery Co., Ltd.
• Wellknit Machinery Co., Ltd.
• Yamato Sewing Machine Mfg. Co., Ltd.
• Jiangsu New Victor Industrial Co., Ltd.
• Zhejiang Taitan Co., Ltd.

• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Development

• In April 2024, STOLL introduced a knitting machine for greater working width, design flexibility.

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the industrial knitting equipment market based on the below-mentioned segments: 

Global Industrial Knitting Equipment Market, By Product Type

• Flat Bed
• Circular
• Warp
• Others

Global Industrial Knitting Equipment Market, By Application

• Apparel
• Home Textiles
• Industrial Textiles
• Others

Global Industrial Knitting Equipment Market, By Automation Level

• Manual
• Semi-Automatic
• Fully Automatic

Global Industrial Knitting Equipment Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa