Circular Weft Knitting Machine Market Report for M&A, Expansion and Competitive Benchmarking (2025–2034)


 This report is designed for companies and decision-makers seeking actionable insights on market size, growth, trends, and competitive strategies to drive expansion and success in the Circular Weft Knitting Machine industry.

What is the anticipated market size of the circular weft knitting machine industry over the next few years?
The circular weft knitting machine market size has grown strongly in recent years. It will grow from $1.06 billion in 2024 to $1.16 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to growth in the home textiles industry, favorable government policies supporting the textile industry, growing importance of knit fabrics in medical textiles, increasing production of circular knitwear for luxury fashion, rising consumer preference for comfort and fit in clothing.

The circular weft knitting machine market size is expected to see strong growth in the next few years. It will grow to $1.61 billion in 2029 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing demand for knitted fabrics in the fashion industry, growth in the textile and apparel sectors, automation and digitization enhancing operational productivity, rising demand for seamless apparel, expansion of the sportswear and activewear. Major trends in the forecast period include technological advancements in knitting machine design, customization capabilities of circular knitting machines, demand for eco-friendly textiles and sustainable manufacturing, enhanced production of patterned and textured fabrics, integration with industry 4.0 technologies.

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What emerging drivers are expected to shape the future of the circular weft knitting machine market?
The increasing textile production is anticipated to propel the growth of the circular weft knitting machine market in the coming years. A textile is any material made by interlacing fibers, such as weaving, knitting, or felting, primarily for making clothing, furnishings, and industrial products. The increasing textile production is due to the rising global demand for affordable and fast fashion, as consumers seek trendy, low-cost clothing that requires rapid and large-scale manufacturing to meet ever-changing styles. Rising textile production boosts the demand for circular weft knitting machines, as they provide fast, continuous fabric output perfect for cost-efficient, high-volume knitwear production. For instance, in September 2024, according to a report published by the Textile Exchange, a US-based non-profit organization, the production of virgin fossil-based synthetic fibers grew from 67 million tons in 2022 to 75 million tons in 2023, with polyester continuing to dominate global production, making up 57% of the total fiber output. Therefore, the increasing textile production will boost the growth of the circular weft knitting machine market.

What emerging segments are shaping the future landscape of the circular weft knitting machine industry?
The circular weft knitting machine market covered in this report is segmented –

1) By Type: Single Circular Weft Knitting Machine, Double Circular Weft Knitting Machine
2) By Machine Capacity: Small Capacity Machines, Medium Capacity Machines, High Capacity Machines
3) By Technology: Computerized Knitting Technology, Mechanical Knitting Technology, Hybrid Knitting Technology
4) By End-User Industry: Fashion and Apparel, Automotive, Medical Textiles, Aerospace

Subsegments:
1) By Single Circular Weft Knitting Machine: Single Jersey Machine, Fleece Machine, Terry Machine, Open Width Machine
2) By Double Circular Weft Knitting Machine: Rib Machine, Interlock Machine, Jacquard Machine, High Pile Machine

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What are the key trends shaping the circular weft knitting machine market in the forecast period?
Major companies operating in the circular weft knitting machine market are focusing on developing technologically advanced products, such as large-diameter circular knitting machines, to enhance efficiency and productivity. A large-diameter circular knitting machine refers to a type of circular knitting machine characterized by its wide cylinder diameter, typically ranging from 30 inches to 60 inches or more. For instance, in December 2022, Santoni, an Italy-based fashion brand, launched Innotas, a single jersey machine with 3 feeds per inch specifically designed to manage the accumulation of fibers. The Innotas circular knitting machine, featuring 3 feeds per inch, is specifically engineered to effectively manage fiber accumulation, ensuring consistent fabric quality and reducing downtime. One of its unique capabilities is the option to equip the machine with 4 cam tracks, allowing versatile knitting of structures with and without Lycra, catering to a wide range of fabric requirements.

How are key players in the circular weft knitting machine market strengthening their market position?
Major companies operating in the circular weft knitting machine market are Fujian Hanma Group Co. Ltd, Unitex Co. Ltd., Shima Seiki Mfg Ltd, Pai Lung Machinery Mill Co. Ltd, Santoni S.p.A., Suntech Textile Machinery Co Ltd., Keumyoung Co. Ltd., Jinjiang Hongji Machinery Co Ltd, Quanzhou Baiyuan Machinery Science & Technology Co Ltd, Sintex cz, Mayer & Cie GmbH & Co. KG, Terrot GmbH, Fukuhama, Wellknit, Welltex Co Ltd., Santec Precision Machinery Co Ltd, Trützschler Group SE, SANTEX Rimar Group, Lisky technology ltd, Fujian Taifan Industrial Co Ltd.

Which geographic areas are contributing significantly to the growth of the circular weft knitting machine sector?
Asia-Pacific was the largest region in the circular weft knitting machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the circular weft knitting machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Can Companies Use The Circular Weft Knitting Machine Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.

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