Home Press Releases Knitwear Market to hit USD 156.8Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

Knitwear Market to hit USD 156.8Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

by Press Room


(EMAILWIRE.COM, April 26, 2023 ) As per Maximize Market research, the total global market for “Knitwear Market” was USD 99.65 Bn in 2021 and is expected to grow at a CAGR of 5.83 percent over the forecast period to reach USD 156.8 Bn by 2029.

Knitwear Market Report Scope and Research Methodology

The Knitwear Market report presents a detailed analysis using primary and secondary data to maintain the authenticity of the report. The report showed the future prospect and current market dynamics, scope, opportunities, restraints, and drivers of the Knitwear Market. The statistical data is deliberated by using a bottom-up approach.

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/19993

Knitwear Market Dynamics

The demand for knitwear has increased significantly in activities such as swimming, yoga, aerobics, sports, and running, as well as in other industries that require natural fabrics. However, the knitwear industry faces challenges such as lower income, complicated business models, and fragmentation, which increase the risk of deception.

Knitwear Market Regional Insights

North America is the second-largest market for knitted apparel, driven by the demand for warm clothing during the extended winter season. Tiruppur, a major textile and knitwear hub in India, is responsible for 90% of the country’s cotton knitwear exports. The regional market is predicted to grow at a CAGR of 5.83% during the forecast period.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/19993

Knitwear 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

By Distribution Channel

Offline

Online

Knitwear Market Key Players include:

Adidas AG

Gap Inc.

Hackett Ltd

Nike Inc.

Puma SE

Lactose

Victoria’s Secret

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/19993

Maximize Market Research, a leading Consumer Goods and Services research firm has also published the following reports:

Yoga Clothing Market : The market size is expected to reach USD 36.64 billion by 2029 at a CAGR of 8.3 percent during the forecast period.

Medical clothing Market : The market size is expected to reach USD 150.29 billion by 2029 at a CAGR of 4.5 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defence and other manufacturing sectors.



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