Report Description Table of Contents Introduction And Strategic Context The Global Knitting Machine Market is projected to witness a robust CAGR of 6.9% , valued at $5.1 billion in 2024 , and is expected to appreciate and reach $7.6 billion by 2030 , confirms Strategic Market Research. The market is poised for significant growth in the coming years, driven by advancements in textile automation, rising demand for smart clothing, and the resurgence of regional manufacturing hubs. Knitting machines are integral components of the textile manufacturing sector, enabling high-speed and automated production of knitted fabrics for diverse applications—ranging from fashion apparel and sportswear to industrial textiles and medical garments. These machines offer significant efficiency over manual or semi-automatic processes, especially in high-volume production settings. Strategic Relevance: Reshoring and Automation : The reshoring of garment manufacturing in Western countries post-COVID has accelerated investments in automation tools like flat-bed and circular knitting machines. Sustainable Manufacturing : Demand for eco-friendly processes and waste-reducing machinery has positioned digital knitting systems as preferred solutions, especially among fashion brands with ESG mandates. Customization and On-demand Production : The rise of fast fashion and direct-to-consumer models has created demand for modular and programmable knitting machines that can handle quick design iterations. Macroeconomic and Technological Drivers: Labor Cost Inflation in Asia-Pacific has incentivized producers to adopt advanced knitting technologies to reduce operational costs. IoT and Industry 4.0 Integration : Smart knitting machines equipped with real-time diagnostics, predictive maintenance, and cloud connectivity are reshaping how textile factories operate. Government Incentives : Various national textile missions, including India’s PLI scheme and China's Made in China 2025, are fostering the upgrade of legacy textile machinery to energy-efficient alternatives. Key Stakeholders in the market include: Original Equipment Manufacturers (OEMs) of knitting machines Textile manufacturers and vertically integrated fashion brands Industry associations like the International Textile Manufacturers Federation (ITMF) Investors and private equity firms active in the automation and textile sectors Government bodies and export councils promoting domestic textile production As global fashion brands seek speed, sustainability, and scalability, knitting machine innovations are expected to play a vital role in shaping the future of textile manufacturing. Market Segmentation And Forecast Scope The global knitting machine market is segmented based on machine type , application , end user , and geography . These segments provide a structured view of market dynamics and help identify high-growth pockets for strategic investment and innovation. By Machine Type Weft Knitting Machines Circular Knitting Machines Flat Bed Knitting Machines Warp Knitting Machines Tricot Machines Raschel Machines Weft knitting machines , especially circular knitting machines , dominate the market due to their high-speed production and lower operational cost, making them ideal for mass manufacturing of apparel. In 2024 , circular knitting machines are estimated to contribute over 40% of total revenue due to their application in t-shirts, sportswear, and innerwear. Flat bed knitting machines , on the other hand, are gaining traction in premium apparel and customized knitwear segments. Their programmability and compatibility with advanced yarns make them vital for short-run, high-margin products. By Application Apparel Home Textiles Technical Textiles Medical Textiles Automotive Textiles The apparel segment is the largest contributor, driven by fast fashion cycles and demand for functional wear. However, technical textiles , especially in the medical and automotive sectors, are emerging as the fastest-growing sub-segments, thanks to rising demand for engineered fabrics with moisture-wicking, antimicrobial, and fire-resistant properties. By End User Large-Scale Textile Manufacturers SMEs and Boutiques Research Institutions & Fashion Schools While large-scale manufacturers remain the backbone of demand—especially in China, India, and Bangladesh—there is a growing base of boutique fashion labels and startups investing in flat bed knitting machines for rapid prototyping and small-batch production. This segment is growing rapidly across Europe and North America due to shifts toward local, made-to-order garment creation. By Region North America Europe Asia-Pacific LAMEA (Latin America, Middle East, and Africa) The Asia-Pacific region dominates the global market, primarily due to strong manufacturing bases in China, India, and Bangladesh. However, Europe is seeing a resurgence driven by sustainability policies and demand for local sourcing. Segment-wise strategic outlook : Fastest-growing machine type : Flat bed knitting machines Fastest-growing application : Technical and medical textiles Emerging demand zone : SMEs and independent brands in developed markets Market Trends And Innovation Landscape The knitting machine industry is undergoing a significant transformation driven by automation, digitization, material innovation , and customization . Manufacturers are prioritizing flexibility, energy efficiency, and digital connectivity to meet the needs of a dynamic textile market. 1. Digitization and Smart Manufacturing One of the most transformative trends is the integration of Industry 4.0 technologies in knitting machines. Sensors, PLC-based controllers, and cloud-based analytics platforms are now standard in advanced machines. These innovations enable remote monitoring, predictive maintenance , and real-time production feedback , enhancing operational efficiency. For example, leading OEMs are offering IoT -enabled flat knitting systems that allow fabric designers to adjust patterns and parameters remotely—dramatically reducing time-to-market for custom garments. 2. Rise of Seamless and 3D Knitting Technology The market is seeing increased demand for seamless knitting solutions, particularly in the production of sportswear, underwear, and medical compression garments . These machines reduce material waste, enhance comfort, and require minimal post-processing. Additionally, 3D knitting technology is being applied in both fashion and industrial contexts. With CAD/CAM integration, designers can develop complex structures and embed functionalities directly into the fabric. This is especially valuable in smart textiles, orthotic garments , and wearable technology applications . 3. Eco-Friendly and Energy-Efficient Designs Amid growing concerns over environmental impact, manufacturers are launching low-power consumption machines with better waste management systems. There is also a shift toward machines capable of working with recycled or biodegradable yarns , addressing ESG goals in fashion supply chains. For instance, several EU-based OEMs now offer flat-bed knitting machines that reduce energy use by up to 30%, aligning with the textile sector’s decarbonization goals under the EU Green Deal. 4. Innovations in Yarn Compatibility Modern knitting machines are increasingly being developed to handle innovative and functional yarns , such as: Phase change yarns (for temperature regulation) Conductive yarns (for wearable electronics) Biodegradable yarns (for sustainable fashion) This flexibility is opening new doors in technical textile manufacturing for aerospace, defense, and automotive applications. 5. Partnerships and Collaborations There’s a growing trend of collaboration between textile OEMs and fashion tech startups . These alliances focus on developing customized platforms, integrating machine learning into design workflows, and creating on-demand micro-factories. As per industry insights, these partnerships will play a critical role in reshaping supply chains to be more responsive, local, and data-driven by 2030. Competitive Intelligence And Benchmarking The global knitting machine market features a blend of established players and innovative challengers, each leveraging distinct strategies to expand their footprint. These companies compete on technology, customization capabilities, after-sales service, and global distribution . Below is a profiling of key participants shaping the competitive landscape. Key Companies in Focus 1. Karl Mayer Group A Germany-based pioneer in warp knitting machines , Karl Mayer has built a robust global presence through technological leadership and acquisitions . The company focuses heavily on digitalized machine interfaces, modular machine construction , and energy efficiency . It also supports integrated solutions with its own software suite for smart production planning. 2. SHIMA SEIKI Mfg., Ltd. A Japanese leader in flat-bed knitting machines , SHIMA SEIKI is renowned for its WHOLEGARMENT® technology , which enables seamless garment production in one process. Their machines feature 3D knitting, real-time yarn monitoring, and CAD design integration , positioning the firm as a go-to provider for fashion-tech innovators. 3. Mayer & Cie . Specializing in circular knitting machines , this German company is known for innovation in high-speed knitting for sportswear and leisurewear . Its recent focus has been on offering IoT -based upgrades and low-lubricant machines , which reduce downtime and enhance sustainability. 4. Santoni S.p.A. (part of Lonati Group ) An Italian giant in seamless knitting technology , Santoni is widely used in the production of underwear, shapewear, and performance wear . Their competitive edge lies in high-speed circular machines with reduced wastage and ergonomic design . 5. Terrot GmbH Another key German player, Terrot focuses on circular knitting with double jersey and jacquard capabilities . It has gained traction in export-heavy markets like Turkey and India due to its cost-effective models and quick lead time delivery systems . 6. Pailung Machinery Mill Co., Ltd . Based in Taiwan, Pailung is a vertically integrated manufacturer offering both circular and warp knitting machines . Their strategic investments in AI-driven pattern programming and hybrid yarn adaptability help them cater to premium and technical textile markets. 7. Fukuhara Industrial & Trading Co., Ltd. A long-standing player in circular knitting , Fukuhara has differentiated through its niche focus on premium knitted fabric , catering to luxury fashion and functional wear. The company also maintains a strong aftermarket service presence in Southeast Asia. Regional Landscape And Adoption Outlook The adoption of knitting machines varies widely across global regions, shaped by factors such as labor cost, manufacturing maturity, government policy, textile export strength, and sustainability regulations . While Asia-Pacific remains the production hub, other regions are catching up fast, either through reshoring or premium segment specialization. Asia-Pacific Asia-Pacific dominates the global knitting machine market , accounting for over 55% of total machine demand in 2024 . This dominance stems from a strong textile manufacturing ecosystem in China, India, Bangladesh, and Vietnam , where low-cost labor and high-volume garment exports continue to drive machinery purchases. China : The largest consumer and producer of knitting machines. Government programs such as "Made in China 2025" incentivize adoption of automated textile machinery . India : A growing market due to Production Linked Incentive (PLI) schemes and rising export ambitions in technical textiles. Bangladesh and Vietnam : Investing in circular knitting machines for mass-market apparel due to their strong ties with global fashion brands. Despite its dominance, the region faces headwinds in the form of labor cost escalation and stricter environmental regulations, prompting a shift toward energy-efficient models. Europe Europe is witnessing a revival in knitting machine adoption , especially in Germany, Italy, and the UK , driven by: Demand for sustainable and local textile production Focus on premium and customized fashion Government support for circular economy initiatives Italy and Germany remain both technology providers and high-end textile producers , with localized clusters supporting SME adoption of advanced flat-bed knitting systems. European firms are also investing in R&D for medical textiles and technical fabrics, making the region a hub for innovation-intensive applications. North America North America is characterized by selective reshoring and automation-heavy investments , primarily in the U.S. The demand is driven by on-demand apparel production , micro-factories, and 3D knit customization in the luxury and sportswear sectors. Tech-focused fashion startups and defense textile suppliers are key users of programmable flat knitting machines . Government-backed reshoring initiatives and consumer preferences for “Made in USA” goods are also encouraging regional manufacturers to upgrade legacy equipment. LAMEA (Latin America, Middle East, and Africa) This region represents an emerging opportunity zone for knitting machine manufacturers, especially in: Turkey , which has a well-established textile export sector and strong demand for circular and jacquard machines Brazil and Egypt , where local production is supported by protective tariffs and growing domestic consumption However, limited access to skilled operators, higher import duties , and inconsistent infrastructure remain barriers in parts of Africa and the Middle East. The region holds significant potential, particularly if local manufacturing policies continue to mature and incentivize machinery investment. Strategic Outlook : Asia-Pacific remains the volume growth engine. Europe and North America are focused on premiumization, sustainability , and technical applications . LAMEA is the next frontier for market expansion but requires ecosystem support. End-User Dynamics And Use Case The global knitting machine market caters to a wide spectrum of end users, ranging from large-scale textile manufacturers to independent designers, research institutes, and high-tech textile labs . Each user group has distinct purchasing motivations, technology requirements, and operational constraints that shape their machine selection and usage behavior. 1. Large-Scale Textile Manufacturers These are the primary consumers of high-capacity circular and warp knitting machines , particularly in Asia-Pacific and Turkey . Their key priorities include: High-speed production Energy efficiency Low maintenance downtime Such manufacturers typically operate in export-heavy segments (e.g., t-shirts, leggings, undergarments) and require knitting machines with automated tension control, continuous monitoring systems , and bulk fabric roll handling . Strategically, many of these firms are investing in machinery with IoT capabilities to reduce energy use and meet environmental compliance norms, especially for Western buyers. 2. Small and Medium Enterprises (SMEs) & Independent Designers This segment has seen significant growth in developed markets like Germany, France, the U.S., and Japan . SMEs are increasingly investing in flat bed knitting machines due to their: Compact design Lower upfront cost Programmable design features SMEs value rapid prototyping, fabric versatility, and small-batch flexibility . Machines with built-in CAD software and compatibility with sustainable yarns are in high demand here. Many companies in this segment serve niche categories such as custom streetwear, knit art, and technical accessories . 3. Research Institutions and Fashion Schools Institutes such as MIT Media Lab (U.S.), London College of Fashion (UK), and Donghua University (China) use advanced knitting machines for textile innovation and wearable tech research . Their priorities include: Open-source design compatibility 3D structure knitting Conductive yarn integration These institutions play a critical role in advancing smart textiles and often collaborate with machine manufacturers for R&D pilot testing. 4. Niche Industrial and Medical Textile Manufacturers This group includes companies focused on: Compression garments Orthopedic braces Automotive textile linings Protective clothing Machines deployed here must support multi-yarn feeding , technical knit structures , and compliance with durability and safety standards . Use Case Highlight A tertiary hospital-linked rehabilitation center in South Korea partnered with a local smart textile company to develop custom compression garments using SHIMA SEIKI’s 3D flat-bed knitting machine. The garments, designed for stroke recovery patients, were tailored to each patient’s limb shape using a combination of digital body scans and CAD input. This integration resulted in a 25% improvement in post-rehabilitation outcomes due to better fit and mobility support, while cutting production time by 40%. This use case underscores the power of knitting machine innovation in medical-grade applications, especially when paired with digital customization tools. Recent Developments + Opportunities & Restraints Recent Developments (Last 2 Years) 1. SHIMA SEIKI Launched New WHOLEGARMENT® Models with AI-Based Optimization In 2023, SHIMA SEIKI introduced next-gen models equipped with AI-based production control systems , enabling intelligent yarn selection, defect detection, and performance-based adjustments during operation. 2. Karl Mayer Acquired STOLL to Expand Its Flat Knitting Division Karl Mayer’s acquisition of STOLL—a leading flat knitting brand—was finalized to strengthen its digital flat knitting capabilities and expand into on-demand and smart textile production . 3. Mayer & Cie. Introduced Eco-Balance Circular Knitting Machines Focusing on sustainability, Mayer & Cie. launched machines with lubricant reduction technology , offering up to 30% lower energy consumption , aimed at reducing lifecycle emissions in apparel production. 4. Santoni and Lenzing Collaboration for Bio-Based Knitwear In 2024, Santoni partnered with Lenzing to produce seamless garments using TENCEL™ branded fibers , highlighting the push towards biodegradable yarn compatibility in knitting machine design. 5. Government Support in India and Vietnam for Knitting Machine Modernization Textile parks and fiscal incentives under India’s PLI Scheme and Vietnam’s textile export infrastructure push have directly boosted demand for automated knitting machinery in these regions. Opportunities 1. Expansion into Technical and Medical Textiles The rising need for functional fabrics (e.g., antimicrobial, compression, flame-resistant) is opening up avenues for knitting machines capable of multi-material and complex structure fabrication . 2. Integration of AI and Digital Twins There is growing momentum toward digital twin-based machine modeling , enabling virtual testing, failure prediction, and design prototyping before production. This adds tremendous value for smart factories and R&D labs . 3. Localized On-Demand Manufacturing As fashion trends shift toward mass customization and sustainability , opportunities are emerging in urban micro-factories equipped with programmable flat-bed knitting systems for local production. Restraints 1. High Capital Investment for Smart Machines Advanced knitting machines embedded with IoT , sensors, and automation features come at a significant cost—limiting adoption in cost-sensitive or informal textile clusters , especially in Africa and Latin America. 2. Shortage of Skilled Machine Operators Despite rising automation, there remains a skill gap in managing digital interfaces, CAD software , and multi-functional machines . This issue is particularly acute in developing markets with limited textile training infrastructure. 7.1. Report Coverage Table Report Attribute Details Forecast Period 2024 – 2030 Market Size Value in 2024 USD 5.1 Billion Revenue Forecast in 2030 USD 7.6 Billion Overall Growth Rate CAGR of 6.9% (2024 – 2030) Base Year for Estimation 2024 Historical Data 2019 – 2023 Unit USD Million, CAGR (2024 – 2030) Segmentation By Machine Type, By Application, By End User, By Geography By Machine Type Weft (Circular, Flat Bed), Warp (Tricot, Raschel) By Application Apparel, Home Textiles, Medical, Automotive, Technical Textiles By End User Large Manufacturers, SMEs, Research Institutions By Region North America, Europe, Asia-Pacific, LAMEA Country Scope U.S., China, India, Germany, Italy, Vietnam, Brazil Market Drivers • Rise of automation and smart knitting • Growth of functional and medical textiles • Shift to on-demand and sustainable production Customization Option Available upon request Frequently Asked Question About This Report Q1: How big is the Knitting Machine Market? A1: The global knitting machine market was valued at USD 5.1 billion in 2024. Q2: What is the CAGR for the forecast period? A2: The market is expected to grow at a CAGR of 6.9% from 2024 to 2030. Q3: Who are the major players in this market? A3: Leading players include SHIMA SEIKI, Karl Mayer, and Mayer & Cie. Q4: Which region dominates the market share? A4: Asia-Pacific leads due to its manufacturing base and government incentives. Q5: What factors are driving this market? A5: Growth is fueled by smart factory demand, sustainable fashion, and medical textiles expansion. Executive Summary Overview of the Knitting Machine Market Market Attractiveness by Machine Type, Application, End User, and Region Strategic Insights from Industry Stakeholders Historical Market Size and Future Projections (2019–2030) Summary of Key Segmentation and Competitive Highlights Market Share Analysis Revenue Share by Leading Companies Market Share by Machine Type, Application, and Geography Strategic Positioning Matrix of Key Players Investment Opportunities in the Knitting Machine Market Emerging High-Growth Segments (e.g., Technical Textiles, SMEs) Notable M&A and Partnerships Innovation Clusters and R&D Funding Trends Market Introduction Market Definition and Scope Structure and Components of the Knitting Machine Industry Key Market Assumptions and Research Objectives Research Methodology Overview of Primary and Secondary Research Data Triangulation and Forecasting Models Assumptions and Limitations List of Data Sources and Reference Materials Market Dynamics Drivers: Rise in Textile Automation, Demand for Smart Textiles, Technical Fabric Applications Restraints: Capital Intensity, Operator Skill Shortages Opportunities: Digital Twins, Micro-Factories, Biodegradable Yarn Support Market Trends: Seamless Knitting, AI Integration, CAD-Driven Customization Global Knitting Machine Market Breakdown By Machine Type Weft Knitting Machines Circular Knitting Machines Flat Bed Knitting Machines Warp Knitting Machines Tricot Machines Raschel Machines By Application Apparel Home Textiles Medical Textiles Automotive Textiles Technical Textiles By End User Large-Scale Manufacturers SMEs & Boutique Producers Research Institutions & Fashion Schools Regional Market Analysis North America U.S. Canada Mexico Europe Germany Italy United Kingdom France Rest of Europe Asia-Pacific China India Japan Vietnam Rest of Asia-Pacific LAMEA Brazil Turkey South Africa Rest of Latin America and Middle East & Africa Competitive Intelligence SHIMA SEIKI Mfg., Ltd. Karl Mayer Group Mayer & Cie. Santoni S.p.A. Terrot GmbH Pailung Machinery Mill Co., Ltd. Fukuhara Industrial & Trading Co., Ltd. Strategy Benchmarking: Pricing, Innovation, Market Expansion Product Portfolio Highlights Appendix Abbreviations and Terminology References Assumptions and Methodological Notes List of Tables Market Size by Segment (2024–2030) Regional Revenue Breakdown SWOT Analysis by Leading Player Comparison of Machine Features by Type List of Figures Global Market Size Forecast (2024–2030) Segment-Wise Growth Trends Competitive Landscape Heatmap Regional Investment Opportunity Map Value Chain Structure in Knitting Machinery