Knitting machine market to hit $9b by 2032

By Haydn Davis
1 April 2025

Monarch circular knitting machine

New York - The global knitting machine market is projected to expand at a compound annual growth rate (CAGR) of 7.3%, reaching US$9.03 billion by 2032, a new report suggests.

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Gildan’s latest sustainability report outlines progress in cotton sourcing, resource efficiency and certification across its vertically integrated supply chain.

For knitting and hosiery manufacturers, emphasis was on high-efficiency production systems, energy-saving machinery, and automation-led solutions.

New Textile Innovation Center brings warp knitting, warp preparation and technical textile development together in a single, application-oriented facility.

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Knitting machine market to hit $9b by 2032

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Gildan’s latest sustainability report outlines progress in cotton sourcing, resource efficiency and certification across its vertically integrated supply chain.

For knitting and hosiery manufacturers, emphasis was on high-efficiency production systems, energy-saving machinery, and automation-led solutions.

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