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Circular Weft Knitting Machine Market Value Growth And Long-Term Outlook
The circular weft knitting machine market size has experienced robust growth recently. This market is projected to expand from $1.14 billion in 2025 to $1.23 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 8.1%. Factors contributing to this historical growth include the expansion of textile and apparel manufacturing, an increasing demand for knitted fabrics, the rise of 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 substantial expansion in the coming years, with its valuation set to reach $1.69 billion by 2030, demonstrating an impressive compound annual growth rate (CAGR) of 8.2%. This anticipated growth throughout the forecast period is primarily driven by factors such as the increasing integration of smart textile manufacturing processes, the heightened demand for both technical and medical textiles, the ongoing expansion of sustainable fabric production methods, escalating investments in high-capacity machinery, and the broader application of digital design integration. Key trends anticipated during this period encompass the widespread adoption of computerized knitting controls, a growing need for rapid fabric production, the development of multi-function knitting capabilities, a rising preference for energy-efficient knitting machines, and an increasing emphasis on fabric customization.
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Circular Weft Knitting Machine Market Opportunity Drivers: What’s Unlocking New Revenue Potential?
The growth of the circular weft knitting machine market is anticipated to be propelled by increasing textile production in the coming years. A textile is any material formed by interlacing fibers, such as through weaving, knitting, or felting, primarily for creating clothing, furnishings, and industrial items. The escalating textile production is attributed to the rising global demand for affordable and fast fashion, as consumers look for trendy, inexpensive clothing that requires rapid and large-scale manufacturing to meet ever-changing styles. This surge in textile production boosts the demand for circular weft knitting machines, as they provide fast, continuous fabric output perfect for cost-efficient, high-volume knitwear production. For instance, in September 2024, a report published by the Textile Exchange, a US-based non-profit organization, revealed that the production of virgin fossil-based synthetic fibers grew from 67 million tons in 2022 to 75 million tons in 2023, with polyester continuing to dominate global production, accounting for 57% of the total fiber output. Consequently, the increasing textile production will accelerate the growth of the circular weft knitting machine market.
Circular Weft Knitting Machine Market Segment Analysis Spotlighting Growth Areas
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 Trends Redefining Industry Growth
Leading firms within the circular weft knitting machine sector are concentrating on creating sophisticated solutions, including IoT-integrated control systems, to improve operational efficiency and facilitate data-informed decision-making. These IoT-enabled control systems offer internet access and cloud connectivity for knitting machines, thereby allowing for continuous real-time oversight, distant technical assistance, and optimized spare-parts administration. For example, in May 2025, Mayer & Cie., a German producer of circular knitting and braiding equipment, introduced Control 5.0, which equips its circular knitting machines with IoT capabilities. This system securely links machines to Knitlink, the company’s cloud platform, and can be acquired as an upgrade kit for existing machines, while all new mechanical machines now come equipped with it by default. The Control 5.0 system provides a choice of two user interfaces: SmartControl, featuring up to four “SmartKnobs” on the machine’s legs and mobile device integration for access based on user roles, and ClassicControl, which centralizes all control functionalities into a single touchscreen interface on the machine. The Knitlink platform supports applications for monitoring machine operating data in real-time (my.monitoring), offering remote service assistance (my.service), and facilitating spare parts searches. Software updates are deployed wirelessly (OTA), thus removing the requirement for manual updates via USB.
Circular Weft Knitting Machine Market Leading Companies: Who Holds The Strongest Market Presence?
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 Top Region: Where Does Most Revenue Come From?
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.
