Market Trends of Global Knitting Machinery Industry
This section covers the major market trends shaping the Knitting Machinery Market according to our research experts:
Automotive Industry benefitting Knitting Industry
Automotive textile is an integral aspect of technical textile. Since it cannot be classified in apparel textile, it is more of a techno mechanical application of textile. Industrial textiles are widely used in transportation vehicles and systems including cars, trains, buses, airplanes and marine vehicles. Approximately 50 square yards of textile material is used in an average car for interior trim (seating areas headliners, side panels, carpets and trunk, lining, tires, filters, belts hoses, airbags etc.)
Carmakers are increasingly favoring the usage of weft knitted fabrics for upholstery. These fabrics are generally manufactured on circular knitting machines and process sequence follows yarn dye route.
Door kick panels, boot linings roof linings, parcel shelves and insulation (heat, sound, vibration etc.) materials are important examples for pre-assembled interior components. Coated laminated needle-punched non-woven and warp knits are the main materials used for the category.
With the onset of pandemic, people switched to personal vehicles rather than travelling in public transport whiich has given a huge boost to automobile sector.
China Leading Exporter of Knitted Fabrics
Polyester knitted fabrics are imported from China in a variety of types, including; Polyester knitted fabrics for making leggings, bonded fabric, warp-knit fabric, loop fabric, and warp knitting fabric. The majority of polyester knitted fabrics are imported from China into India these days and are mostly used in furnishings, sofas, and jackets. China's Shaoxing, Zhejiang Province is the most popular place to locate the factories.
In 2020, China exported approximately 16.27 billion U.S. dollars worth of knitted or crocheted fabrics to the rest of the world. That same year, the United States was the ninth largest exporter of knitted or crocheted fabrics, with exports valuing around 658.2 million U.S. dollars. The worldwide export value of knitted or crocheted fabrics was approximately 31.7 billion U.S. dollars in 2020.
