Knitwear Market to reach USD 1606.67 billion by 2029, registering a CAGR of 12.10%,Trends
Author : manoj bhavsar | Published On : 21 Mar 2024
The market analysis furnishes insights into the drivers and restraints affecting the Knitwear Market, employing SWOT analysis to delineate their impact on demand throughout the forecast period. Drawing inspiration from the marketing strategies of competitors, businesses can formulate innovative ideas and ambitious sales targets, thereby gaining a competitive edge. This professional and in-depth study on the current market state is designed to provide granular information, empowering clients to make efficient business decisions. Therefore, the Knitwear Market report aims to offer clients the necessary detailed information to facilitate informed decision-making.
Global Knitwear Market was valued at USD 644.29 billion in 2021 and is expected to reach USD 1606.67 billion by 2029, registering a CAGR of 12.10% during the forecast period of 2022-2029. The “online” segment within the distribution channel will grow with highest CAGR within the forecasted period as younger generation is becoming more interested in online shopping. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behavior.
Top Industry Players:
Some of the major players operating in the knitwear market are
- Adidas AG (Germany)
- Gildan Activewear S.R.L. (Canada)
- Loro Piana S.p.A. (Italy)
- Puma SE (Germany)
- Ralph Lauren (U.S.)
- The Nautical Company (UK) Ltd
- Victoria's Secret (the USA)
- Maglificio Ripa S.p.a (Italy)
- LENZING AG (Austria)
- Ecowool (New Zealand)
- Sana Hastakala (P) Ltd. (Nepal)
- THE GAP, INC (U.S.)
- Hackett Ltd (London)
- Marks and Spencer Group plc. (U.K)
- Nike Inc., (U.S.)
View detailed Report : https://www.databridgemarketresearch.com/reports/global-knitwear-market
Market Segmentation:
The knitwear market is segmented on the basis of product type, material type, application, consumer group and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- T-Shirts and Shirts
- Sweaters and Jackets
- Sweatshirts and Hoodies
- Shorts and Trousers
- Evening Dresses
- Suits
- Leggings
On the basis of product type, the knitwear market is segmented into t-shirts and shirts, sweaters and jackets, sweatshirts and hoodies, shorts and trousers, evening dresses and suits and leggings.
Material Type
- Natural
- Synthetic
- Blended
On the basis of material types, the knitwear market is segmented into natural, synthetic and blended.
Application
- Outerwear
- Innerwear
- Sportswear
- Others
On the basis of application, the knitwear market is segmented into outerwear, innerwear, sportswear and others.
Consumer Group
- Men
- Women
- Kids
On the basis of consumer group, the knitwear market is segmented into men, women and kids.
Distribution Channel
- Online
- Offline
On the basis of distribution channel, the knitwear market is segmented into online and offline. The online segment is estimated to grow at higher CAGR as younger generation is becoming more interested in online shopping.
The Knitwear Market survey report encapsulates the fluctuations in CAGR values, indicating rises or falls within the specified forecast period. The data utilized for crafting this business report is derived from data collection modules featuring large sample sizes. This market report's crucial highlights encompass key market dynamics, the present market scenario, and the sector's future prospects. Furthermore, the report meticulously identifies and analyses rising product trends, major drivers, challenges, and opportunities in the market. Through the application of well-established tools and techniques, the Knitwear Market report adeptly transforms complex market insights into a more accessible and comprehensible version.
Strategic Points from Table of Content:
Chapter 1: Global Knitwear Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Research Conclusions of Global Knitwear Market
Grab Detailed TOC Report https://www.databridgemarketresearch.com/toc/?dbmr=global-knitwear-market
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