Global Circular Knitting Machine Market: Market Size & Forecast 2026

Circular knitting machines use a continuous loop of yarn to produce tubular fabric and come in various diameters, gauges, and configurations suited to different end uses. The market encompasses machines ranging from small-diameter units for socks and intimate apparel to large-diameter machines for fashion fabrics, technical textiles, and upholstery. With a 2025 valuation of approximately $3.77 billion, the market reflects the continued centrality of knitted textiles in global apparel and industrial manufacturing.

• •Market valued at approximately $3.77 billion in 2025, with growth projected to continue through the early 2030s
• •Machines are categorized by diameter, gauge, and number of feeders, serving applications from socks and underwear to activewear and technical textiles
• •Large circular knitting machines represent a substantial and expanding segment within the broader market

The growing preference for seamless garments in sportswear, athleisure, and intimate apparel is a primary catalyst for market expansion. Advances in machine automation, digital control systems, and higher production speeds enable textile manufacturers to respond more efficiently to fast fashion cycles and customization demands. Additionally, the rising adoption of technical textiles in medical, automotive, and industrial applications is increasing demand for specialized circular knitting equipment.

• •Rising demand for seamless and technical textiles in sportswear, medical, and automotive applications
• •Automation and digitalization of manufacturing processes enabling faster, more flexible production
• •Expansion of fast fashion and the need for agile production capabilities to meet changing consumer preferences

The market is segmented primarily by machine type, including small-diameter, medium-diameter, and large-diameter circular knitting machines, each serving distinct product categories. Large circular knitting machines alone represent a significant portion of the market and are forecast to continue expanding through the 2030s. Asia-Pacific dominates the global landscape, benefiting from the concentration of textile manufacturing in countries such as China, Bangladesh, and Vietnam, while demand in Europe and North America remains tied to technical textiles and premium apparel production.

• •Segmentation includes small, medium, and large-diameter machines, with the large-diameter segment projected to reach approximately $2.47 billion by 2034 at a 5.7% CAGR
• •Asia-Pacific leads in production and consumption due to the regional concentration of textile manufacturing hubs
• •European and North American markets are characterized by demand for high-precision machines producing technical and value-added textiles

What are the recent trends and outlook?

The adoption of smart circular knitting machines equipped with IoT sensors, real-time monitoring, and data analytics capabilities is accelerating as manufacturers pursue greater operational efficiency. Sustainability pressures are prompting investment in energy-efficient machines that reduce yarn waste, water consumption, and overall environmental impact. With the market on track to reach approximately $5.35 billion by 2031 and continuing growth through 2032, innovation in material versatility and production flexibility will shape the competitive dynamics of the next decade.

• •Increasing integration of IoT, automation, and Industry 4.0 technologies enabling predictive maintenance and optimized production
• •Growing emphasis on sustainable manufacturing with energy-efficient machines and reduced material waste
• •Continued market expansion expected through 2032 as textile manufacturers modernize equipment to meet evolving consumer and regulatory demands