Knitwear Market Projected to Reach USD 165.92 Billion by 2030
The global knitwear market, valued at USD 111.59 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 5.83%, reaching approximately USD 165.92 billion by 2030.
Secure your sample copy of this report immediately: https://www.maximizemarketresearch.com/request-sample/19993/
Research Methodology and Report Scope:
Our research methodology combines rigorous primary and secondary research techniques. A bottom-up approach is employed for Market sizing, while secondary sources, including company annual reports and financial statements, are used to identify key Market players. We conduct in-depth interviews with industry experts, thought leaders, business owners, and Marketing specialists to gather firsthand insights. This multi-faceted approach ensures the accuracy and depth of our analysis. The scope of the report encompasses a global perspective, with regional deep dives to understand Market nuances across different geographies.
Market Trends
-
E-commerce Growth: The widespread adoption of smartphones and internet access has boosted online shopping, allowing consumers to explore a wide range of knitwear options from global brands. This trend has intensified competition and encouraged new entrants into the market.
-
Athleisure Popularity: The increasing inclination towards health and fitness has led to a surge in demand for comfortable and stylish activewear, driving innovation in knitwear designs and materials.
Curious to peek inside? Grab your sample copy of this report now: https://www.maximizemarketresearch.com/inquiry-before-buying/19993/
Market Segmentation:
by Type
Innerwear
T-Shirts & Shirts
Sweaters & Jackets
Sweatshirts & Hoodies
Shorts & Trousers
Evening Dresses, Suits, & Leggings
Accessories
by Material
Natural
Synthetic
Blended
by Application
Outerwear
Innerwear
Sportswear
Others
by Consumer Group
Men
Women
Kids
The Men’s component of the Consumer Group holds the largest market share and is anticipated to grow at a compound annual growth rate (CAGR) of 6.7% during the projected period. growth in the use of apparel and the introduction of new styles in the men’s market. The Segment concentrates on the present standing of each application as well as its potential for significant market share, growth valuation, and application value.
by Distribution Channel
Offline
Online
During the projection period, the Online Distribution Channel segment is anticipated to expand at a compound annual growth rate (CAGR) of 9%. Online sales of knitwear products, which are a subset of the fashion and garment industry, have increased. The sale of knitwear products online is growing as a result of the growing penetration of online knitwear sales in emerging economies including Brazil, Russia, India, China, and South Africa (BRICS). Additionally, the rise in online sales, the widespread use of smartphones in developing countries, the rise in the middle class and their increasing disposable income, and the development of cutting-edge e-commerce technologies are all contributing to the demand for knitwear products.
For a more in-depth understanding, please refer to the following link: https://www.maximizemarketresearch.com/request-sample/19993/
Market Major Players:
1. Adidas AG
2. Gap Inc.
3. Gildan Activewear Inc.
4. Hackett Ltd
5. Abercrombie & Fitch Co.
6. Loro Piana S.P.A.
7. Marks and Spencer Group plc
8. Nike Inc.
9. Puma SE
10.Ralph Lauren Corporation
11.Lactose
12.The Nautical Company Ltd.
13.Fast Retailing Co., Ltd.
14.Victoria’s Secret
15.YOOX NET-A-PORTER GROUP
Key Questions Addressed:
What are the key factors driving and restraining the Knitwear Market?
What is the current Market size and what is the projected Market size by 2029?
Which regions offer the most lucrative opportunities for Global Knitwear?
Who are the leading players in the Knitwear Market and what are their competitive strategies?
What are the emerging trends shaping the future of the Knitwear Market?
Want to understand the market better? Check out the summary of the research report for key insights: https://www.maximizemarketresearch.com/market-report/global-knitwear-market/19993/
Key Offerings:
- Historical Market Data and Competitive Landscape: Provides a baseline for understanding Market evolution.
- Historical Pricing Trends and Regional Price Analysis: Offers insights into pricing dynamics and regional variations.
- Market Size, Share, and Forecast by Segment: Provides detailed projections for each segment, allowing for targeted planning.
- Market Dynamics (Drivers, Restraints, Opportunities, and Trends) by Region: Offers a nuanced understanding of regional Market dynamics.
- In-depth Market Segmentation with Sub-segments and Regional Analysis: Enables precise Market targeting.
- Competitive Landscape with Key Player Profiles and Strategic Analysis by Region: Provides insights into competitive dynamics.
- Competitive Benchmarking of Key Players by Region: Facilitates competitive analysis.
- Comprehensive PESTLE Analysis: Examines the political, economic, social, technological, legal, and environmental factors impacting the Market.
- Porter’s Five Forces Analysis: Assesses the competitive intensity and attractiveness of the Market.
- Value Chain and Supply Chain Analysis: Provides insights into the flow of goods and services within the Market.
- Legal and Regulatory Landscape by Region: Offers guidance on navigating regulatory complexities.
- Identification of Lucrative Business Opportunities with SWOT Analysis: Helps identify potential areas for investment and growth.
- Strategic Recommendations: Provides actionable insights for decision-making.
Latest cutting-edge research from Maximize Market Research is now trending:
Chub Packaging Market https://www.maximizemarketresearch.com/market-report/global-chub-packaging-market/98461/
Baby Changing Station Market https://www.maximizemarketresearch.com/market-report/baby-changing-station-market/146312/
About Maximize Market Research:
Maximize Market Research is a leading Market research and consulting firm with expertise across diverse industries, including medical devices, pharmaceuticals, technology, automotive, and more. We provide Market-verified estimations, technical trend analysis, strategic advice, competitive analysis, and client impact studies. Our goal is to empower businesses with the information they need to make informed decisions and achieve sustainable growth.
Contact Maximize Market Research:
MAXIMIZE Market RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
Leave a Reply