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Knitwear Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026

VIDEO ON THE TOPIC: Knitting Machine Used in Textile Industry

Poland is a market to watch due to recent high growth in imports and for being a sizeable market already. Knitwear is the biggest product segment in Europe but the fastest growing and most attractive product categories currently are fashion and active sportswear.

This corresponds to roughly In the last five years, EU apparel import value has been growing on average by 5. The EU is also a large re-exporter of apparel. A large share of apparel imports from countries inside the EU are re-exports of apparel made in developing countries. In , the EU ranked second behind China in textile exports, accounting for A share of EU apparel exports grew at an average annual rate of 6.

Poland is currently the eighth largest apparel exporter in the EU, its apparel exports grew at an average Staying at this pace, Poland will grow to be the sixth largest apparel exporter in the EU within five years.

The current value of EU apparel imports is almost evenly split between apparel originating from inside and outside the EU, respectively at In , developing country suppliers contributed Suppliers from the rest of the world accounted for This indicates a growing demand for apparel from the developing countries. The top three of these exporters, China, Bangladesh and Turkey, together account for Bangladesh, Cambodia, Vietnam, Pakistan, Tunisia and Myanmar have each increased their shares of EU apparel imports between and , thanks to above-average growth.

Among these, Myanmar has grown the fastest, the value of its apparel exports to the EU growing at a Other strong growers include Cambodia, Vietnam, Pakistan and Bangladesh. Bangladesh was the only country from the top four apparel exporters to the EU which grew strongly during the — period.

China registered a year-on-year decline of The market share of these three countries reduced, especially China, whose share of all apparel exports to the EU dropped by These dynamics show growing opportunities for suppliers from other developing countries to increase their apparel exports to the EU, especially since the trend of apparel production moving away from China is expected to continue in the years to come.

Production in China is growing more expensive due to labour force shortages and the trade war with the United States. The Chinese government has also introduced new environmental standards which are predicted to force more than 80, Chinese factories to shut down.

The decline in Chinese exports is affecting the global supply chains for many apparel manufacturers, which are increasingly shifting their businesses to countries such as Myanmar, Cambodia, Vietnam, Pakistan and Bangladesh.

Although China remains as one of the largest suppliers of fabrics, accessories, trims and high-value apparel, its fast fashion volume business is expected to move to other developing country suppliers. Intra-EU apparel imports are dominated by Germany and Italy, which accounted for They are followed by the Netherlands with 5. Germany, the Netherlands, Spain, France, Poland, and the UK have each increased their shares of EU apparel imports between and , thanks to above-average growth.

Poland's intra-EU apparel exports have grown the fastest in the — period, at an average Other strong growers include Germany, Spain and the Netherlands. Western European apparel markets are much larger and better developed than Central and Eastern European markets. While Eastern European markets are growing at much higher rates than those in Western Europe, they are still comparatively small. Poland is a market to watch because its imports from developing countries are growing fast and for being a sizeable market already.

In the last five years, Spain was the fastest grower within this group, growing its apparel imports each year on average by 8. The Netherlands followed growing an average 7. The fastest growing EU markets for apparel imports include Poland, Croatia, Hungary and Romania, each growing on average between Despite the fast growth, these four countries together account for only 6.

The most interesting country in this group is Poland, which by itself accounts for 4. Sustaining the same growth rate this year, Poland will overcome Belgium as the seventh largest apparel importer in Europe in Poland is a market to watch for developing country exporters. The primary apparel exporter to the top six EU apparel markets is China, whose import market share ranges from Other significant apparel exporters to Europe include Bangladesh, Turkey and Germany.

While Bangladesh and Germany have been picking up market share in the last five years, Turkey, much like China, has seen an overall decline in its market share of imports into the top six markets. Private consumption expenditure is an important indicator of the European apparel market, a sector closely linked to economic conditions. When money is tight, consumers postpone buying nonessential items until they have more disposable income.

European private consumption expenditure increased in and This trend is expected to continue in , which means that apparel consumption overall and consumption of high-value apparel is likely to rise in the next three to five years.

The United Kingdom, the third largest European importer of apparel and third largest European export market for developing country suppliers is scheduled to leave the EU by October , but the entire Brexit process is creating a lot of economic and political uncertainty.

It is currently uncertain whether the UK will continue to provide preferential trade conditions for developing countries and how its exit from the EU will affect the apparel sector. In terms of value, Germany remains the single largest apparel importer from the developing countries. The overall growth trends for the top six markets show that export opportunities for developing country suppliers are growing.

Poland had the strongest average annual growth in imports from developing countries at Of particular interest, Poland is slowly becoming an European apparel hub, ranking among the 10 fastest growing EU apparel markets in overall imports and imports from developing countries. Developing country apparel imports into other Eastern European markets, such as Romania, Hungary, Lithuania, Bulgaria and Estonia, are also growing at very high annual growth rates, but these markets are still very small in comparison to the top EU markets.

Their relatively low base explains their strong growth rates. These countries do not currently constitute highly advantageous markets for developing country suppliers, but should be observed for future opportunities.

Prices of clothing and footwear vary considerably across EU Member States. Scandinavian countries have the highest prices, while Eastern European countries have the lowest.

Average unit prices of imported apparel vary among the top markets based on origin. Apparel imported from other European countries is typically 1. More specifically for developing country imports, average unit prices have declined in Germany and Italy in the last five years, whereas in other top EU import markets theses prices grew.

Spain had the highest price growth for apparel imports from developing countries in the last five years. It is followed by pants, bodywear, fashion sportswear and T-shirts, which together account for Active sportswear, fashion sportswear, swimwear and dresses are the fastest growing product categories by import value. In the last five years, active sportswear import value grew on average by Sportswear growth is driven by its functionality and the growing inclination of Europeans to participate in sports for health reasons.

These trends indicate continued strong growth for sportswear in the next three to five years. Between and , all the other product categories grew at below average annual rates for apparel imports, although most had decent growth performance at between 4. Suits and ensembles were the only product category whose imports declined in that period, dropping on average by 0.

The sustainable apparel category, also known as eco-fashion, is not listed on the table above, but is growing steadily in the EU. This category includes apparel products designed, created and produced ethically and responsibly, with consideration for the environmental and social impacts they cause throughout their production and life span. Europe, in particular Northern Europe, remains one of the most interesting markets in the world for sustainable apparel exports.

Sustainability awareness and initiatives in Europe are growing at multiple levels at once among consumers, manufacturers, retailers, governments and non-governmental organisations. There is no specific trade or production data for sustainable apparel available because sustainability applies to all product categories and is currently not tracked in terms of value or volume.

Despite increased demand for sustainable apparel, European consumers are not always willing to pay more for this product category, although this is slowly changing.

There are also regulatory initiatives at national and European level promoting sustainability, including the Dutch Agreement on Sustainable Garment and Textile. On the supply side, the number of sustainable brands is growing and all the leading labels and retailers are implementing various sustainability strategies and measures. Other product categories emerging in the EU include wearable technology and smart clothing.

These categories comprise technology products that can be worn on the body, either as an accessory or as part of the material used in clothing. While the smart clothing segment is not growing very fast in Europe yet, due to popularity, some analysts believe that smart clothing is a promising future market. Knitwear, pants, trousers and shorts, T-shirts, denim and fashion sportswear are the product categories most exported by developing countries to the EU. The fastest growing product category exports from developing countries include fashion sportswear, active sportswear and coats, jackets and blazers.

Developing country exports currently account for Other categories where developing country exporters are growing their shares include knitwear, bodywear, and coats, jackets and blazers. All of these markets continue to be very interesting for developing country exporters due to their size and fast growth.

Taking into account the import growth rate of fashion sportswear and active sportswear, these two segments still stand as unused opportunities. The average unit prices of apparel imported to the EU from developing countries varies greatly depending on product category. Most product categories have seen positive price development in the last five years.

Other categories increased from 0. Prices in four product categories went down in the last five years, with leather, and suits and ensembles noting the most drastic changes. Please review our market information disclaimer. Takes about 23 minutes to read. Contents of this page What makes Europe an interesting market for apparel?

Which European markets offer most opportunities for apparel exporters? Which products from developing countries have the most potential in the European apparel market? They are both the biggest apparel consumers in Europe and the biggest importers of apparel from developing countries. All of these countries have a high acceptance of non-EU suppliers.

The holding specializes in the production of high-tech textiles, the development and production of clothing, including uniforms, professional and special clothing for business, casual clothing, clothing for outdoor activities, as well as the design and manufacture of special shoes for law enforcement agencies and industrial enterprises. The BTK Group is a leading employer in the industry. The number of employees of the holding exceeds 8, people.

Electricity demand is seen as an important indicator of industrial output in the country and a sustained decline could mean a further slowdown in the economy. India's power demand grew at 1. But in India's western states monthly demand increased. This is the highest-ever recovery of dues by financial creditors in the telecom sector that has seen the exit or shutdown of 9 out of 12 telecom companies since The sector — suffering for a year now — reported its worst-ever sales decline in two decades during

Textile Ministry launches scheme to develop knitting and knitwear sector

This report on the global knitwear market provides analysis for the period —, wherein is the base year and the period from till is the forecast period. Data for has been included as historical information. The report covers market dynamics including drivers, restraints, opportunities, trends, and technology advancements that are expected to influence the expansion of the global knitwear market during the said period. Across the globe there is a rise in demand for knitwear products due to increasing adoption of e-commerce. Globally, there has been an increase in online sales of knitwear products, which are part of the fashion and apparel industry. The sale of knitwear products through the online channel is increasing due to increasing penetration of online knitwear sale in emerging economies such as Brazil, Russia, India, China, and South Africa BRICS.

Textiles Minister launches scheme for development of knitwear sector

We Morpho knitwear India, are an exclusive manufacturer and exporter of hosiery knitted garments to exclusively provide a full spectrum of manufacturing and procurement services for the garment industry. In Morpho knitwear, we demonstrate how to gain access to world - class procurement services which can dramatically increase efficiency and quality while reducing costs and delivery times. Our customers benefit not only from our experience and professionalism but also from our principles of transparency, integrity, accountability and above all, total respect for the customer. We aspire to work with new buyers who were previously not approached by our principal organizations.

New Delhi - The Indian government has launched a wide-ranging financial programme aimed at developing the country's knitting sector.

Welcome to the Amazon men's knitwear collection. Enter the world of Max Mara: let yourself be won over by the elegance and hand-crafted quality of our collections. Since then, the company has expanded substantially, with an increasing number of employees and now an annual turnover of 27 million US dollars. Micro Fibre Group has started its business since two decades. The strong relationships which were built over forty years by Charlie Scott are evident today; many of the independent retail businesses have too seen generational transitions, and remain the backbone of the group. Click the heart icon to add this item to your favourites. Men's fashion cardigan sweater, long sleeve, slim fit, warm but not thicken, good choice for spring and fall, suit for office, street and daily life. Who we are Read more.

Pakistan loses 30% of knitwear manufacturing capacity

Editorial: Rival textile and clothing producing countries profit from the US-China trade war. Tae Young launches new machine with toe linking device. Hi i am shima sheiki knitting Programmer from India.

From roll neck jumpers to merino polo necks and knitted tops, each piece is made from a warm, long-lasting fabric to promote warmth and comfort during the cooler months. The factory imported most sophisticated machinery from Korea, China, Singapore and U. A new season essential that is guaranteed to keep you looking on point whilst fighting off the chill.

Poland is a market to watch due to recent high growth in imports and for being a sizeable market already. Knitwear is the biggest product segment in Europe but the fastest growing and most attractive product categories currently are fashion and active sportswear. This corresponds to roughly In the last five years, EU apparel import value has been growing on average by 5. The EU is also a large re-exporter of apparel. A large share of apparel imports from countries inside the EU are re-exports of apparel made in developing countries. In , the EU ranked second behind China in textile exports, accounting for A share of EU apparel exports grew at an average annual rate of 6.

EuroTex Knitwear Limited's Fabric Unit, powered by superior European the ultra modern plants related to garment industry, such as independent knitting.

Ludhiana knitwear units close to shut-down as workers busy at ATM

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi fibre2fashion. Knitwear industry is the most significant component in the textile industry of Bangladesh. Availability of abundant and cheap labor, easily trainable workforce, and policy support of the Government offer competitive advantages to the industry. Along with the increase in exports, backward linkages capacity also has increased gradually.

Km Knitwear Units

Valerii Sukhytskyi. Elvira Chemerys. Roman Kotsiubynskyi. Features The format of the company. The number of employees is about people.

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World textile and apparel trade and production trends: the EU, November Glenmuir celebrates historic Ryder Cup deal. Intertextile Apparel returns following strong growth. The Pakistan Hosiery Manufacturers Association PHMA has disclosed to local journalists that the number of knitwear exporting units in the country has declined from 1, in to in

Knitwear Production Seamless Production. On the Sidelines. To put the longevity of the brand's history. Flexknit is a leading manufacturer of knitwear operating from Madagascar.

Km Knitwear Units. Nahar Spinning Mills Ltd, a subsidiary of the Nahar group, is going to make a fresh investment of Rs crore in its Mandideep plant, some 18 km away from Bhopal. Stay in the know with kmail!

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