The global Knitwear Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.

This Knitwear market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.

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.

Top Companies in the Global Knitwear Market:
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), among others.

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Market Segmentation:

The knitwear market is segmented on the basis of product type, material type, application, consumer group and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• T-Shirts and Shirts

• Sweaters and Jackets

• Sweatshirts and Hoodies

• Shorts and Trousers

• Evening Dresses

• Suits

• Leggings

On the basis of product type, the knitwear market is segmented into t-shirts and shirts, sweaters and jackets, sweatshirts and hoodies, shorts and trousers, evening dresses and suits and leggings.

Material Type

• Natural

• Synthetic

• Blended

On the basis of material types, the knitwear market is segmented into natural, synthetic and blended.

Application

• Outerwear

• Innerwear

• Sportswear

• Others

On the basis of application, the knitwear market is segmented into outerwear, innerwear, sportswear and others.

Consumer Group       

• Men

• Women

• Kids

On the basis of consumer group, the knitwear market is segmented into men, women and kids.

Distribution Channel

• Online

• Offline

On the basis of distribution channel, the knitwear market is segmented into online and offline. The online segment is estimated to grow at higher CAGR as younger generation is becoming more interested in online shopping.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Dynamics:

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.

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Strategic Points from Table of Content:

– Market Summary

– Economic Impact Competition Analysis by Players

– Production, Revenue (Value) by geographical segmentation

– Knitwear Market Size by Type and Application

– Regional Market Status and Outlook

– Knitwear Market Analysis and Outlook

– Knitwear Market Forecast by Region, Type, and Application

– Cost Investigation, Market Dynamics

– Marketing Strategy comprehension, Distributors and Traders

– Market Effect Factor Analysis

– Research Finding/ Conclusion

– Appendix

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