Circular knitting machines is a machine by which tubular and seamless fabrics are produced using knitting with circular needles and shaping the fabric by varying the tension or length of the knitting stitches is called circular knitting machine. It is a technique of knitting in circular or tubular form with curved or straight needles for making knitting stitches. There are several types of circular knitting machines which produce long lengths of tubular fabric and quite often they are manufactured. This machine is used for single plain cloth, elastic cloth etc. being used for vest, t-shirt, sport wear, and swimming suit.

In the past few years, the world production of circular knitting machines is fluctuant, especially in China region. In global market, the production of circular knitting machines increases from 29916 Units in 2011 to 31604 Units in 2015. In 2015, the global circular knitting machines market is led by China, capturing about 65.30% of global circular knitting machines production. Europe is the second-largest region-wise market with 18.75% global production share.

In classification, circular knitting machines can be divided into single jersey, double iersey, single jersey jacquard and double jersey jacquard. Single jersey hold the mostly share the global share and the price is cheaper than double jersey.

In application, circular knitting machines downstream is wide and recently circular knitting machines has acquired increasing significance in various fields of textile industry.

The Circular Knitting Machine market was valued at 630 Million USD in 2018 and is projected to reach 690 Million USD by 2025, at a CAGR of 1.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Circular Knitting Machine.

The Global Circular Knitting Machine market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.