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Circular Weft Knitting Machine Market Growth Analysis: How Will Revenue Expand During The Forecast Period?
The circular weft knitting machine market size has experienced robust expansion in recent years. Projections indicate a rise from $1.14 billion in 2025 to $1.23 billion in 2026, achieving a compound annual growth rate (CAGR) of 8.1%. This significant growth observed in the past can be attributed to the expansion of textile and apparel manufacturing, a rising demand for knitted fabrics, increasing industrial automation in textile mills, the availability of advanced knitting technologies, and the growth of export-oriented garment production.
The market for circular weft knitting machines is projected to experience robust expansion over the coming years. This market is anticipated to reach $1.69 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.2%. Several factors contribute to this growth during the forecast period, including the increased embrace of smart textile manufacturing, a surge in demand for technical and medical textiles, the growth of sustainable fabric production, rising capital expenditure on high-capacity machinery, and the expanded incorporation of digital design. Key trends anticipated within this period involve the implementation of computerized knitting controls, an escalating need for rapid fabric manufacturing, the broadening of multi-functional knitting capabilities, the increasing deployment of energy-efficient knitting machinery, and a heightened emphasis on fabric personalization.
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Circular Weft Knitting Machine Market Growth Factors Supporting Long-Term Expansion
Rising textile manufacturing is projected to drive expansion in the circular weft knitting machine market in upcoming years. Textiles are materials created by interweaving fibers, such as weaving, knitting, or felting, mainly utilized for apparel, home furnishings, and industrial applications. This increase in textile output stems from growing worldwide demand for cost-effective and swift fashion, as consumers desire fashionable, inexpensive apparel that necessitates quick, mass production to keep up with evolving trends. Higher textile output fuels the need for circular weft knitting machines, given their ability to deliver rapid, continuous fabric production, ideal for economical, large-scale knitwear manufacturing. For example, a report from the Textile Exchange, a US-based non-profit organization, stated in September 2024 that virgin fossil-based synthetic fiber production climbed from 67 million tons in 2022 to 75 million tons in 2023. Polyester remained the primary component of global fiber output, accounting for 57% of the total. Consequently, the expanding textile production will stimulate the growth of the circular weft knitting machine market.
Circular Weft Knitting Machine Market Segmentation Trends And Revenue Drivers
The circular weft knitting machine market covered in this report is segmented –
1) By Type: Single Circular Weft Knitting Machine, Double Circular Weft Knitting Machine
2) By Machine Capacity: Small Capacity Machines, Medium Capacity Machines, High Capacity Machines
3) By Technology: Computerized Knitting Technology, Mechanical Knitting Technology, Hybrid Knitting Technology
4) By End-User Industry: Fashion and Apparel, Automotive, Medical Textiles, Aerospace
Subsegments:
1) By Single Circular Weft Knitting Machine: Single Jersey Machine, Fleece Machine, Terry Machine, Open Width Machine
2) By Double Circular Weft Knitting Machine: Rib Machine, Interlock Machine, Jacquard Machine, High Pile Machine
Circular Weft Knitting Machine Market Strategic Trends: What Is Defining The Next Phase Of Growth?
Leading firms in the circular weft knitting machine market are concentrating on creating sophisticated solutions, including IoT-enabled control systems, to boost efficiency and facilitate data-centric operations. These IoT-enabled control systems equip knitting machines with internet connectivity and cloud integration, allowing for real-time tracking, remote assistance, and optimized management of spare parts. For example, in May 2025, Mayer & Cie., a German producer of circular knitting and braiding machines, introduced Control 5.0, which prepares its circular knitting machines for IoT capabilities. This system securely links machines to Knitlink, the company’s cloud platform, and is offered as an upgrade kit for existing machines, while it is now included as a standard feature with all new mechanical machines. The Control 5.0 system provides two user interface alternatives: SmartControl, featuring up to four “SmartKnobs” on the machine legs and mobile device integration for access based on user roles, and ClassicControl, which centralizes all control functionalities into a single touchscreen display on the machine. The Knitlink platform supports applications for instantaneous machine operational data (my.monitoring), remote service assistance (my.service), and searching for spare parts. Updates are deployed wirelessly (OTA), removing the requirement for manual updates via USB.
#Circular Weft Knitting Machine Market Industry Leaders: Which Organizations Are Driving Competition?
Major companies operating in the circular weft knitting machine market are Fujian Hanma Group Co. Ltd, Unitex Co. Ltd., Shima Seiki Mfg Ltd, Pai Lung Machinery Mill Co. Ltd, Santoni S.p.A., Suntech Textile Machinery Co Ltd., Keumyoung Co. Ltd., Jinjiang Hongji Machinery Co Ltd, Quanzhou Baiyuan Machinery Science & Technology Co Ltd, Sintex cz, Mayer & Cie GmbH & Co. KG, Terrot GmbH, Fukuhama, Wellknit, Welltex Co Ltd., Santec Precision Machinery Co Ltd, Trützschler Group SE, SANTEX Rimar Group, Lisky technology ltd, Fujian Taifan Industrial Co Ltd.
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#Circular Weft Knitting Machine Market Largest Region: Which Geography Holds The Highest Market Share?
Asia-Pacific was the largest region in the circular weft knitting machine market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the circular weft knitting machine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.