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Round Knitting Looms Market Report: CAGR is Projected to 3.6%

Author: WMResearch | Publish date: 2023-12-04

“Global Round Knitting Looms Market Report 2023-2029”

Published: 2023-12-04  Page Views: 218 Industry: Machinery & Equipment-Round Knitting Looms

The report highlights the increasing demand for round knitting looms in various industries such as textiles, fashion, and home furnishings. The growing popularity of circular knitting machines due to their efficiency, versatility, and ability to produce high-quality fabrics is driving the market growth.

The Asia Pacific region is expected to dominate the global round knitting looms market, with China being the largest market for circular knitting machines. The rising textile industry in countries such as India and Indonesia is also contributing to the growth of the market in this region.

In terms of product type, the rotor spinning segment is expected to dominate the market, accounting for a significant share of the overall revenue. The rotor spinning machine is widely used in the production of high-quality yarns and fabrics, which are in high demand across various industries.

The report also highlights the growing adoption of circular knitting machines in the fashion industry, particularly in the production of seamless garments. The use of circular knitting machines in the production of sportswear and activewear is also expected to drive market growth in the coming years.

In conclusion, the global round knitting looms market is projected to grow at a steady CAGR over the forecast period, driven by the increasing demand for circular knitting machines in various industries. The Asia Pacific region is expected to dominate the market, with China being the largest market for circular knitting machines.

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