Report Description

Global Knitwear Market, By Product Type (T-Shirts, Sweart shirts and Others), By Material Type (Natural, Synthetic and Blended), By Application (Outerwear, Innerwear, Sportswear and Others), By Consumer Group (Men, Women and Kids), By Distribution Channel (Online and Offline), By Company and By Geography, Forecast & Opportunities, 2024

Global Knitwear market is anticipated to reach USD 699 Billion, growing at an impressive CAGR of over 5% 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 2017, t shirts, shirts and innerwear acquired more than 40% share which is anticipated to increase in the future.

 Natural material segment to dominate the market in the forecast period

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 2017, 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.

Years considered for this report:

Historical Years: 2014-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2024

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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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.


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 Knitwear Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

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.

Report Scope:

In this report, Global Knitwear Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Product Type:
    • Innerwear
    • T-Shirts & Shirts
    • Sweaters & Jackets
    • Sweatshirts & Hoodies
    • Shorts & Trousers
    • Evening Dresses, Suits, & Leggings
    • Accessories
  • Market, By Material Type:
    • Natural
    • Synthetic
    • Blended
  • Market, By Application:
    • Outerwear
    • Innerwear
    • Sportswear
    • Others
  • Market, By Consumer Group:
    • Men
    • Women
    • Kids
  • Market, By Distribution Channel:
    • Online
    • Offline
  • Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • Australia
      • New Zealand
      • South Korea
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Poland
      • Luxembourg
      • Netherlands
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Chile
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • Egypt
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Knitwear Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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