Warp Knitting Machine Market Size
| 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 |
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 Market Trends
This section covers the major market trends shaping the Warp Knitting Machine Market according to our research experts:
Sports Footwear Creating Demand
Sports and leisure shoes are the real trendsetters in the shoe sector, and new materials and designs are being developed all the time. And, according to machine builder Karl Mayer, the innovation cycles are largely influenced by double-bar raschel knitting technology (DR technology).
These double needle bar warp knitting machines produce spacer fabrics that have become firm favourites for manufacturing the footwear worn by sports enthusiasts and fashion-conscious people alike. More and more designs are also being produced, thanks to the use of piezo jacquard technology.
This flat, hardwearing, double-layered fabric not only has a modern look with a variety of different designs, it can also be produced extremely efficiently
India Becoming a Power Hub in theSector
India is an important market and in order to be able to support its customers in this traditional textile country even better, the innovative market leaders has reorganised its support capacities in 2021.
The merger of the Karl Mayer Group's warp knitting and flat knitting activities has resulted in a wide range of synergies in the service, care solutions and academy sectors, with benefits for the customers. In the warp preparation market for weaving, Karl Mayer Textile Machinery India Private Limited, based in Ahmedabad, continues to offer the best support.
In addition to Surat, there are several investment cluster regions, such as the cities of Silvassa and Karur. Customers in the warp knitting and technical textiles sectors are very satisfied with the new service set-up.
Warp Knitting Machine Industry Overview
The report covers the major players operating in the warp knitting machine market. In terms of market share, the companies in the global warp knitting machine market do not have a considerable amount of market share, as the market is highly competitive and fragmented.
Some of the leading companies around the world are Karl Mayer, Jakob Müller AG, Santoni S.p.A., Taiwan Giu Chun Ind. Co., Ltd, Wuyang Textile Machinery (China) Co. Ltd. among others.
Warp Knitting Machine Market Leaders
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Karl Mayer
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Jakob Müller AG
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Santoni S.p.A.
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Taiwan Giu Chun Ind. Co., Ltd
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Wuyang Textile Machinery (China) Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
Warp Knitting Machine Market News
- May 2022: KM.ON innovates and digitalizes the textile value chain with its offerings. The software company of the KARL MAYER Group is continuously developing new digital solutions to improve the customer experience, reduce complexity in our customers' day-to-day business and ultimately make their business more profitable.
- December 2021: Three new products of Wuyang Textile Machinery passed the appraisal of scientific and technological achievements which includes "GE288/5 intelligent cashmere double needle bed warp knitting machine" and " GE2290 jacquard warp knitting machine" and "SMJ- CNC Mesh Fabric Warp Knitting Machine."
Warp Knitting Machine Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of Study
2. RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Industry Attractiveness - Porter's Five Forces Analysis
4.2.4.1 Bargaining Power of Suppliers
4.2.4.2 Bargaining Power of Consumers
4.2.4.3 Threat of New Entrants
4.2.4.4 Threat of Substitutes
4.2.4.5 Intensity of Competitive Rivalry
4.3 Technological Trends
4.4 Government Regulations
4.5 Value Chain / Supply Chain Analysis
4.6 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Machine Type
5.1.1 Tricot Knit
5.1.2 Raschel Knit
5.1.3 Crochet Knit
5.1.4 Milanese Knit
5.2 By Application
5.2.1 Apparel Textiles
5.2.2 Home Textiles
5.2.3 Technical Textiles
5.2.4 Automotive Textiles
5.2.5 Others
5.3 By Region
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 France
5.3.2.3 Italy
5.3.2.4 Spain
5.3.2.5 Germany
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 South Korea
5.3.3.5 Rest of Asia-Pacific
5.3.4 Middle East & Africa
5.3.4.1 South Africa
5.3.4.2 Saudi Arabia
5.3.4.3 United Arab Emirates
5.3.4.4 Rest of Middle East & Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Overview (Market Concentration and Major Players))
6.2 Company Profiles
6.2.1 Karl Mayer
6.2.2 Jakob Muller AG
6.2.3 Santoni S.p.A.
6.2.4 Taiwan Giu Chun Ind. Co., Ltd
6.2.5 Wuyang Textile Machinery (China) Co. Ltd.
6.2.6 Changzhou Runyuan Warp Knitting Machinery Co., Ltd
6.2.7 COMEZ
6.2.8 Jingwei textile machinery
6.2.9 Ruanyuan
6.2.10 Terrot GmbH
6.2.11 Dukoo Machinery Industry Co.
- *List Not Exhaustive
6.3 Other Companies (Overview/Key Information)
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
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 | ||||||||
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Warp Knitting Machine Market Research 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.
Which is the fastest growing region in Global Warp Knitting Machine Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Warp Knitting Machine Market?
In 2024, the Asia-Pacific accounts for the largest market share in Global Warp Knitting Machine Market.
What years does this Global Warp Knitting Machine Market cover?
The report covers the Global Warp Knitting Machine Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Global Warp Knitting Machine Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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