The circular knitting machines are typically used to produce 2-sided fabrics, fleece, blister, interlock, rib,
jacquard, mattress ticking, needle set-out, plated plush, transfer technique, waffle etc. Use of dyed and raw
yarns as base materials is predicted to offer numerous growth opportunities for local manufactures over the
next seven years.
The market is broadly categorized into six major segments based on the application type such as automotive
fabrics, home textiles, medical textiles, sports & leisurewear, swimwear and technical textiles. The automotive
fabrics is considered as one of the fastest growing segment in the with substantial revenue generation in the
last few years. Growing popularity of sports & leisurewear segment is attributed to the higher market
penetration and increasing disposable income in both developing & developed economies across the globe.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation of latest technologies in textile
sector, increase in the number of research & development activities in the region and existence of well-
established manufacturing infrastructure.
Asia-Pacific region is predicted to hold major market share in the circular knitting machine market with massive
growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with
increasing demand for apparels, massive growth in textile sector, ever-growing population, rising per capita
income, and significant investment by leading industry players considering potential growth opportunities in
the region.
The key players in the circular knitting machine market are Mayer & Cie., GmbH & Co., Terrot GmbH, Quanzhou
Baiyuan Machinery Science & Technology Co., Ltd., Santoni S.p.A, United Texmac Pvt., Ltd., Fukuhara Industrial
& Trading Co., Ltd., Tayu Machine (Xiamen) Co., Ltd, and Santec Precision Machinery Co., Ltd.
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