PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1182085
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1182085
Global Warp Knitting Machine Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. Warp Knitting Machine Warp Knitting Machines are the single needle bar machines and double needle bar machines. These are available in variety of ranges of various gauges and widths. The Warp Knitting Machine market is expanding because of factors such as increasing demand for warp knitting machines and rising demand for the knitted sportswear products. The market dominated by Karl Mayer, Santoni S.p.A, Wuyang Textile Machinery (China) Co Ltd, Comez and others. The Warp Knitting Machine is expected to grow, catering to the fact of technological advancements in the Warp Knitting Machine and strategic initiatives by the private players in the market.
According to World Federation of Sporting Goods Industry, the Global Knitwear Market is expected to go to USD 800 Billion, by the year end 2025 from USD 670 Billion, in the year 2021. This is since of Knitwear being in short supply. Further, owing to its various features in the Sports Goods Industry: easy breathability, wrinkling resistance, and water wicking, the demand for the Warp Knitting Machine has led to its rising demand in the forecast period. Additionally, it is softer and more comfortable than woven textiles, this in turn is increasing its demand in a wide range of applications. However, high cost of Warp Knitting Machines may halt market growth.
The key regions considered for the Global Warp Knitting Machine Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to its changing fashion preferences in the trends, coupled with affordability of the product at a competitive price point. North America is expected to grow significantly during the forecast period, owing to its rising preference among celebrities and other consumer.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable