Global Knitwear market is anticipated to grow at an impressive CAGR during the forecast period, due to the increasing adoption of e-commerce sites and expanding fashion industry. Moreover, rising awareness about health and increased participation in activities, such as running and yoga, are elevating the demand for activewear.
Based on the product type, the market has been segmented into Innerwear, T-Shirts & Shirts, Sweaters & Jackets, Sweatshirts & Hoodies, Shorts & Trousers, Evening Dresses, Suits, & Leggings and Accessories. In 2022, t shirts, shirts and innerwear acquired more than 40% share which is anticipated to increase in the future.
Based on the material type, the Global Knitwear market has been segmented into Natural, Synthetic and Blended. Natural Knitwear segment is expected to grow at a higher rate during the forecast period due to their anti-wrinkle and high absorption capacity.
Based on the distribution channel, the Global Knitwear market is bifurcated into online and offline. Offline distribution channel acquired the major share in 2018, however, owing to the rising penetration of e-commerce sites in the emerging economies, the demand for knitwear sales through online channel is expected to increase in the forecast period.
Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa, and Europe. Asia Pacific region is anticipated to register high growth rate during the forecast period due to rising disposable income and expanding apparel and fashion industry.
Some of the leading players in the Global Knitwear Market are Adidas AG, Gap Inc., Gildan Activewear Inc., Hackett Ltd, Abercrombie & Fitch Co., Loro Piana S.P.A., Marks and Spencer Group plc, Nike Inc., Puma SE, Ralph Lauren Corporation, etc.
Objective of the Study
- To analyse and forecast the market size of Global Knitwear Market, in terms of value and volume.
- To classify and forecast Global Knitwear Market based on product type, material type, application, consumer group, distribution channel and regional distribution.
- To identify drivers and challenges for Global Knitwear Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Knitwear Market.
- To conduct the pricing analysis for Global Knitwear Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Knitwear.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.
TechSci Research calculated the market size of Global
Key Target Audience
- Manufacturers
- Suppliers and Distributors
- End Users
- Market Research Firms
- Government Institutions
- Industry associations and experts
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product Type · Material Type · Application · Consumer Group · Distribution Channel |
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
| Key Companies Profiled | Adidas AG, Gap Inc., Gildan Activewear Inc., Hackett Ltd, Abercrombie & Fitch Co., Loro Piana S.P.A., Marks and Spencer Group plc, Nike Inc., Puma SE, Ralph Lauren Corporation. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
