Global Knitting Machine Market Size, Trends, and Growth Strategies (2026-2033)
The knitting machine industry is witnessing robust expansion, driven by technological advancements and rising demand for customized textile products. Our comprehensive analysis highlights the evolving market dynamics, business growth factors, and emerging opportunities shaping this sector through 2026 to 2033. Market Size and Overview
Coherent Market Insights estimates that the global knitting machine market is expected to reach USD 6.50 Bn in 2026 and will expand to USD 10.00 Bn by 2033, registering a CAGR of 7.5% between 2026 and 2033.
This market growth is propelled by continuous innovation in machinery design and automation that cater to diverse fabric types. Increasing adoption across apparel and technical textiles segments underscores the expanding Knitting Machine Market Scope and revenue potential. Market Segments
The knitting machine market report highlights three core segment categories: - Machine Type: Circular knitting machines, flat knitting machines, and warp knitting machines. Among these, circular knitting machines dominate in industry size due to high-speed production capabilities, while flat knitting machines emerge as the fastest-growing sub-segment given their precision for customized apparel manufacturing. - Application: Apparel, automotive textiles, and home textiles. Apparel remains the dominant application area with widespread adoption, whereas automotive textiles exhibit the highest growth rate due to increasing demand for lightweight and flexible fabric components. - Technology: Mechanical, electronic, and computerized knitting machines. Computerized knitting machines lead in market trends, enabling automation and efficient production, contributing notably to knitting machine market revenue through enhanced quality and reduced labor costs. Market Drivers
One key market driver influencing knitting machine market growth is the surge in demand for sustainable and smart textiles. In 2024, an industry survey revealed that over 60% of textile manufacturers integrated energy-efficient knitting machines to reduce carbon footprints, aligning with stringent environmental regulations. Innovations such as digital knitting and programmable machines have unlocked significant market opportunities by offering customization at scale, resulting in a marked increase in knitting machine market revenue and growth.
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