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Knitted Fabric Market Experience a Significant Dip in 2020 Influenced by COVID-19 Pandemic : Long-Term Outlook Remains Positive

Knitted Fabric Market is projected to reach USD 33.63 Billion by 2027.

 

New York, NY -- (SBWIRE) -- 09/29/2020 -- The Knitted Fabric marke t 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 report is further furnished with the latest market scenario pertaining to the global COVID-19 crisis. The pandemic has changed the market dynamics with disruption in the supply chain, changes in demands and trends, and economic scenario. The report analyses the initial and future impact of the COVID-19 pandemic on the growth of the market and offers insights into prospects and remuneration outlook in a post-COVID-19 scenario.

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The Global Knitted Fabric Market is anticipated to dominate the economic landscape of the world, recording a substantial growth rate over the coming years. This growth can be attributed to the rapidly evolving industry infrastructure, commercialization, and changes in the demands of the Knitted Fabric market. The   growth has established a strong foothold of the products and services offered by the Knitted Fabric market.

Prominent players analyzed in the report are Gehring Tricot Corporation, Guilford Mills, Macra Lace Company, Rebtex Inc, Clover Knits, Damodar Menon International Pvt Ltd, SAS Textiles, William J Dixon Inc, Jason Mills LLC, Krishna Overseas, and Loyal Textile Mills Ltd, among others.

The report covers the profiles of the key contenders and offers an all-inclusive analysis of their business overview, market share, market size, production and manufacturing capacity, value chain analysis, and strategic initiatives such as mergers and acquisitions, collaborations, joint ventures, partnerships, and brand promotions and product launches among others. It also covers their sales channel and distribution network, along with import/export activities, market presence, product portfolio, and other key factors to offer a comprehensive overview of the competitive landscape.

Moreover, the report covers a thorough regional analysis to offer a better understanding of production and consumption patterns, supply and demand ratio, revenue contribution, market share and size, presence of prominent players, and import/export ratio.

For this report, Reports and Data segmented the global Knitted Fabric industry report based on product type, material type, application, and by Region for this study:

Product Type Outlook (Revenue, USD Billion; 2017-2027)

Warp-Knit
Weft-Knit

Material Type Outlook (Revenue, USD Billion; 2017-2027)

Synthetic Fibers
Elastomeric
Cotton
Artificial Fibers
Others

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Application Outlook (Revenue, USD Billion; 2017-2027)

Household
Clothing
Fashion
Technical
Medical
Others

The key geographical regions analyzed in the report are:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Knitted Fabric Market Report:

Analysis and forecast of the Global Knitted Fabric Market by segmentation of the market
Analysis of various macro and micro-economic factors influencing the growth of the market
Extensive SWOT analysis and Porter's Five Forces analysis to offer a detailed view of the competitive landscape
Insights into drivers, restraints, opportunities, limitations, threats, and challenges
Analysis of the key players operating in the industry
Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans

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