Skip to main content

Knitwear Market: Industry Analysis, Opportunity Assessment and Forecast upto 2026

Global Knitwear Market: Overview

This report on the global knitwear market provides analysis for the period 2016–2026, wherein 2017 is the base year and the period from 2018 till 2026 is the forecast period. Data for 2016 has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, and technology advancements that are expected to influence the expansion of the global knitwear market during the said period. The study provides a comprehensive analysis on market growth throughout the above forecast period in terms of value estimates (US$ Mn) and volume estimates (Million Units) across different geographies.

Global Knitwear Market: Trends and Opportunities

Across the globe there is a rise in demand for knitwear products due to increasing adoption of e-commerce. Globally, there has been an increase in online sales of knitwear products, which are part of the fashion and apparel industry. The e-commerce business of the global fashion and apparel industry is expected to increase from US$ 408 Billion in 2017 to over US$ 706 Bn in 2022, rising at a CAGR (Compound Annual Growth Rate) of 11.6%. The sale of knitwear products through the online channel is increasing due to increasing penetration of online knitwear sale in emerging economies such as Brazil, Russia, India, China, and South Africa (BRICS). Moreover, along with increase in online sales, increase in penetration of smartphones across emerging economies, rise in middle class population with increasing discretionary income, and innovative and advanced e-commerce technologies are driving the demand for knitwear products.

Request a Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=40775

It is observed that rise in online knitwear sales are increasing also due to increase in average revenue per user (ARPU) in e-commerce knitwear products compared to ARPU of offline knitwear product sale. The ARPU of e-commerce clothing market is expected to increase from US$ 270 in 2018 to US$ 301 in 2022. Knitwear products are a major segment of the fashion industry. The e-commerce in fashion industry in the U.S. and Europe are expected to expand at a CAGR of 8.8% and 8.7% between 2017 and 2022 respectively; on the other hand, e-commerce in fashion industry in China is expected to grow in double digits at a CAGR of 14.1% between 2017 and 2022. Thus, rising penetration of e-commerce in knitwear sales is boosting the market size of knitwear products across the world.

Global Knitwear Market: Key Segments

The study provides a decisive view of the global knitwear market by segmenting it in terms of product type, material type, application, consumer group, and distribution channel. In terms of product type, knitwear are classified into innerwear, t-shirts & shirts, sweaters & jackets, sweatshirts & hoodies, shorts & trousers, evening dresses, suits & leggings, and accessories. Based on material type, the market is classified into natural, synthetic, and blended. On the basis of application, the market is segmented into outerwear, innerwear, sportswear and others. Based on consumer group, the market is segmented into men, women, and kids. Further on the basis of distribution channel, the market is segmented into online and offline.

The analysis of the above segments is based on present and forecasted global demand for knitwear products and prevailing and future trends in the global knitwear market. We have analyzed the present and estimated regional market size of knitwear products across North America, Europe, Asia Pacific, Middle East & Africa, and South America. The regional knitwear market size is further broken down into country level markets in the following countries: the U.S., Canada, the U.K., Germany, Italy, France, China, India, Japan, GCC (Gulf Cooperation Council), South Africa, and Brazil.

Request For Report Sample https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=40775

Global Knitwear Market: Competitive Landscape

The report includes a detailed analysis of the global knitwear market, SWOT (Strength, Weakness, Opportunity, and Threat) analysis of the market, Porter’s Five Force analysis of the market, ecosystem analysis, key macroeconomic indicators influencing the market and raw material analysis of the knitwear industry. The global knitwear industry ecosystem analysis includes value chain analysis of the global knitwear industry including natural, blended, and synthetic fabric suppliers, textile companies spinning the knitwear fabric, knitwear manufacturers, knitwear products distribution and export channels, and various retail outlets including departmental stores, specialty stores, discount chains, and mass merchandise chains among others. The study also includes market attractiveness analysis in terms of product type, material type, application, consumer group, distribution channel, and country. The market attractiveness analysis is analyzed on the basis of CAGR of growth rate, market share, incremental opportunity, and general market attractiveness.

The report highlights major companies operating in the global knitwear market including 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, Lactose, The Nautical Company (UK) Ltd., Fast Retailing Co., Ltd., Victoria’s Secret, and YOOX NET-A-PORTER GROUP.

 

Comments

Post a Comment

Popular posts from this blog

Aerospace Window Frame Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Aerospace window frames are used in the cockpit windshields and passenger cabin windows to provide rigidity to the windows. Metal window frame is used widely in aircrafts. Increase demand of cockpit windshield frame in different countries such as India, Brazil and China among others is the one of the major factor boosting the market for aerospace window frame during the forecast period of 2017 – 2025. Based on aircraft type, the global aerospace window frame market is segmented into wide body aircraft, narrow body aircraft, very large aircraft, general aviation and regional aircraft. Among various aircraft types, in 2016, the wide body aircraft segment is estimated to be the major market followed by very large aircraft and expected to be the same during the forecast period of 2017 – 2025. Increasing regional and commercial aircraft deliveries is expected to be one of the major factor fueling the regional aircraft segment in global aerospace window frame market during the fo...
Post a Comment
Read more

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

  Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology.  A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liqu...
Post a Comment
Read more

Light Weapons Market: Key Players and Production Information analysis with Forecast 2025

Light weapons are weapons which are used by two or three persons serving as a crew, although some of them may be carried and used by a single person. Light weapons are basically used by militaries around the world and its applications have increased widely among armed groups. They include, inter alia, heavy machine guns, hand-held under-barrel and mounted grenade launchers, portable anti-aircraft guns, portable anti-tank guns, recoilless rifles, portable launchers of anti-tank missile and rocket systems, portable launchers of anti-aircraft missile systems as well as mortars of a caliber of less than 100 millimeters. The latest generation of light weapons is more destructive, more portable, and generally more competent than older systems, raising concerns about their uncontrolled generation. Light weapons are represented by their durability, cost effectiveness, accessibility and utility. In terms of military and non-military demand, such criteria perfectly match the needs of those who...
Post a Comment
Read more