Data Bridge Market research has recently released expansive research titled "Global Knitwear Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. Knitwear market research report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In addition, businesses can gain insights into profit growth and sustainability programme with this report. Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for producing Knitwear market report.
Global Knitwear Market was valued at USD 644.29 billion in 2021 and is expected to reach USD 1606.67 billion by 2029, registering a CAGR of 12.10% during the forecast period of 2022-2029. The “online” segment within the distribution channel will grow with highest CAGR within the forecasted period as younger generation is becoming more interested in online shopping. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behavior.
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Global Knitwear Market Definition
Kintwear refers to the clothing articles are made from wool or other yarns that are knitted together to form a fabric and they can be worn on a daily basis. These textiles are also utilized to create seasonal and athletic apparel. Knitwear has become a staple in the wardrobes of both men and women. On e-commerce sites, there is a large choice of knitwear that can be paired with any outfit.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 - 2014) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | By Product Type (T-Shirts and Shirts, Sweaters and Jackets, Sweatshirts and Hoodies, Shorts and Trousers, Evening Dresses, Suits, Leggings), Material Type (Natural, Synthetic, Blended), Application (Outerwear, Innerwear, Sportswear, Others), Consumer Group (Men, Women, Kids), Distribution Channel (Online, Offline) |
| Countries Covered | U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
| Market Players Covered | Adidas AG (Germany), Gildan Activewear S.R.L. (Canada), Loro Piana S.p.A. (Italy), Puma SE (German), Ralph Lauren (U.S.), The Nautical Company (UK) Ltd., Victoria's Secret (U.S.), Maglificio Ripa S.p.a (Italy), LENZING AG (Austria), Ecowool (New Zealand), Sana Hastakala (P) Ltd. (Nepal), THE GAP, INC (U.S.), Hackett Ltd (London), Marks and Spencer Group plc. (U.K) and Nike Inc., (U.S.) among others |
| Market Opportunities |
|
Knitwear Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Fashion Awareness and Knitwear Requirements
The market demand is boosted by increased awareness of fashion and social media influence. Additionally, the growing participation of young population in various sports activities such as yoga, swimming, running, aerobics along with the inclination towards luxurious lifestyle are estimated to bolster the overall growth of the market.
Moreover, another major element driving the market's growth is the availability variety of products, and increasing disposable income. Furthermore, the availability of high-end brands and their complete range of clothing items on the online stores fuel the market growth. The growing inclination towards healthy lifestyle also cushions the market’s growth within the forecasted period. The availability of a variety of flavors also acts as a market driver.
Opportunities
- Awareness and Penetration
The high awareness towards use of biodegradable products are estimated to generate lucrative opportunities for the market, which will further expand the knitwear market's growth rate in the future. Additionally, the increasing penetration on e-commerce industry will also offer numerous growth opportunities within the market.
Restraints/Challenges Global Knitwear Market
- Highly Fragmented Market
However, the knitwear market is highly fragmented, as lower-income consumers prefer to buy products from local markets rather than luxury and branded knitwear, resulting in fierce rivalry for market share. This factor is anticipated to obstruct market growth.
- High Production Cost
In developed economies, production costs are quite high, leading in high end product costs, which is projected to impede the global knitwear market's growth to some extent. This factor is projected to be challenge for the knitwear market over the forecast period.
This knitwear market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the knitwear market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Knitwear Market, By Region:
The knitwear market is analyzed and market size insights and trends are provided by country, product type, material type, application, consumer group and distribution channel as referenced above.
The countries covered in the knitwear market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the knitwear market because of the strong presence of major manufacturers especially among various economies such as India China, South Korea within the region.
North America is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increasing awareness of healthy lifestyle in countries, changing trends in fashion industry and increase demand for seasonal outfits, such as sweaters and hoodies within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Reasons to Consider This Report:
- Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Knitwear market.
- The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
- The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Knitwear Market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
- Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Queries Resolved In This Report:
- Which will be the specialties at which Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set a nearness?
- Which will be the foreseen development rates for your own economy out and out and furthermore for each portion inside?
- Which will be the application and sorts and estimate joined intently by makers?
- What will be the dangers that will attack growth?
- The length of the global market opportunity?
- How does Market share advance vacillations their value from various assembling brands?
Table of Contents: Global Knitwear Market
Introduction
Market Segmentation
Executive Summary
Premium Insight
Market Overview
Covid-19 Impact on Knitwearin Healthcare Industry
Global Knitwear Market, by Product Type
Global Knitwear Market, by Modality
Global Knitwear Market, by Type
Global Knitwear Market, by Mode
Global Knitwear Market, by End User
Global Knitwear Market, by Geography
Global Knitwear Market, Company Landscape
Swot Analysis
Company Profiles
Questionnaire
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Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-knitwear-market
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