Knitted Fabric Market Share to Reach USD 33.63 Billion by 2027 with Top Key Players: Gehring Tricot Corporation, Guilford Mills, Macra Lace Company, etc.
iCrowd Newswire
10 Jul 2021, 08:30 GMT+10
The Knitted Fabric market is projected to reach USD 33.63 Billion by 2027. Critical factors such as increasing use of knitted fabric as a technical textile in the automotive, retail, manufacturing, medical, and construction industries are expected to drive market growth in the near future. The development of seamless and float plating technology has increased manufacturing efficiency and broadened the product s scope around the world.
The technical application segment dominated the global market and accounted for the majority of total revenue. Technological advances such as 3D knitting or spacer fabric, have broadened the product s scope in different industries, including apparel, construction, automotive, and household. The increasing importance of medical textiles in implantable medica