Global Sock Knitting Machines
Market Report
2025
The Global Sock Knitting Machines Market is currently valued at USD 721 million in 2023, and It is anticipated that the compound annual growth rate (CAGR) will achieve a 5.6% increase from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Sock Knitting Machines Market is currently valued at USD 721 million in 2023, and It is anticipated that the compound annual growth rate (CAGR) will achieve a 5.6% increase from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Sock Knitting Machines Market Sales Revenue | 121212 | 121212 | 121212 | 5.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by End Use |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Sock Knitting Machines Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The sock knitting machines market is flourishing because of an increasing desire for personalized socks, as these machines allow manufacturers to quickly produce a diverse range of designs and colors, particularly appealing to the fashion industry where individuality and self-expression are highly prized, aligning perfectly with modern consumer preferences for unique and distinctive products. The market for sock knitting machines is on the rise, driven by a growing consumer preference for sustainable and environmentally friendly products. This has prompted manufacturers to modify their machinery to produce socks using organic and recycled materials, thus reducing their ecological footprint. This shift towards sustainability aligns with consumer preferences and is expected to fuel further growth in the market.
Leveraging the remarkable growth trajectory observed in the global Sock Knitting Machines Market, the leading players capitalized on this opportunity effectively.
For instance, Tompkins USA, founded in 1846 as Empire Machine Co. and later known as Tompkins Brothers, is one of the oldest U.S. circular knitting machinery manufacturers. Based in Syracuse, New York, it remains in its original 1919 facility, expanded in 1980, and specializes in designing, manufacturing, and selling circular knitting machinery and equipment worldwide, with a focus on product development and a wide range of machine sizes from 3 to 26 inches in diameter.
(Source:tompkins20.com/about-us/our-history/)
The sock knitting machines market is thriving due to the growing demand for customized socks. Modern consumers seek unique, tailor-made products, and sock knitting machines enable manufacturers to create a wide variety of designs and colors swiftly. This trend is particularly prominent in the fashion industry, where individuality and self-expression are highly valued. As a result, the sock knitting machines market is on the rise, aligning perfectly with contemporary consumer preferences for personalized and distinctive products.
The increasing desire for sustainable and environmentally friendly products is propelling the market for sock knitting machines. Consumers prioritize socks made from organic and recycled materials, prompting manufacturers to adapt their devices accordingly. This shift towards environmentally responsible manufacturing practices reduces the industry's environmental footprint and aligns with consumer values. As sustainability remains a top concern, the market is expected to benefit from the widespread adoption of eco-conscious production methods.
The relentless speed of technological progress presents an ongoing hurdle for the sock-knitting machine industry. Manufacturers must frequently upgrade and replace machines to meet evolving consumer preferences and remain competitive. This constant need for investment in new technologies can strain budgets and resources, impacting profitability. Additionally, market saturation and the obsolescence of older machines can lead to financial setbacks for businesses. Successfully navigating this dynamic technological landscape requires adaptability and financial flexibility, making it a persistent constraint in the sock knitting machines market.
The sock knitting machines market has seen a mixed influence from the COVID-19 pandemic. In the beginning, it faced a downturn because of disruptions in the worldwide supply chain, decreased consumer expenditure, and temporary shutdowns of manufacturing facilities. However, as people spent more time at home during lockdowns, there was an increased demand for comfortable and cozy clothing, including socks. This resulted in a sharp increase in online sock sales, prompting the need for streamlined production techniques such as sock-knitting machinery. As a result, manufacturers adapted to the changing market dynamics and invested in automation technologies, further boosting the demand for sock knitting machines.
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The Sock Knitting Machines Market is marked by numerous major players competing for market dominance by employing strategic initiatives, technological advancements, and expanding their range of products.
July 2023: ITMA 2023 provided a highly successful platform for STOLL, the flat knitting machine manufacturer, to showcase its latest innovations. Following this significant event, STOLL, a business unit of the KARL MAYER GROUP, is set to unveil another innovation package on July 3rd, delivering additional value to customers using their flat knitting machines, aligning with their strategy of consolidating innovations for customer benefit.
(Source:kohantextilejournal.com/stoll-launches-new-innovation-package/)
September 2023: Santoni Shanghai Knitting Machinery, owned by Italy's Lonati family, has announced the strategic acquisition of Terrot GmbH, a leading circular knitting machine manufacturer based in Germany, as part of its long-term vision to reshape and consolidate the industry. The approval of Chinese regulatory authorities is required for the transaction to proceed.
Top Companies Market Share in Sock Knitting Machines Industry: (In no particular order of Rank)
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According to Cognitive Market Research, Europe stands as the leading region in the Sock Knitting Machines Market, owing to its rich textile manufacturing heritage, advanced technology adoption, and a strong focus on producing high-quality textiles. European manufacturers have been at the forefront of adapting knitting machines to meet the growing demand for sustainable and eco-friendly sock production, aligning with the region's eco-conscious consumer base. Countries like Italy and Germany, renowned for their textile machinery industry, contribute significantly to Europe's leadership position in the market. Moreover, the European Union's strict environmental regulations have accelerated the adoption of eco-friendly practices, further boosting the region's dominance in the Sock Knitting Machines Market.
Asia-Pacific, particularly Southeast Asia, is experiencing the most rapid expansion in the Sock Knitting Machines Market. This growth is driven by the region's thriving textile industry, low manufacturing costs, and an increasing emphasis on sustainable manufacturing practices. Countries like China and India are major contributors to this expansion, with their vast textile production capacities and a growing awareness of sustainability among manufacturers. As the demand for eco-friendly socks continues to rise globally, the Asia-Pacific region, known for its manufacturing capabilities, is poised to dominate the production of sustainable and eco-conscious socks, making it the dominating and rapidly expanding hub in the Sock Knitting Machines Market.
The current report Scope analyzes Sock Knitting Machines Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Sock Knitting Machines Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Sock Knitting Machines Industry growth. Sock Knitting Machines market has been segmented with the help of its Type, Application End Use, and others. Sock Knitting Machines market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In the sock knitting machine market, cylinder sock machine category dominanted in 2023. The cylinder sock machine reign supreme due to their adaptability, efficiency, and cost-effectiveness. They can produce a wide range of sock styles, from basic to trendy, and are prized for their user-friendly operation and lower upfront costs compared to advanced models.
On the other hand, the flat sock machine catgeory held a substantial share in te market over the forecast period. These machines, as opposed to circular knitting machines, which generate seamless tube socks, are made to manufacture flat-shaped socks. The volume of production, the intricacy of the sock patterns, and the amount of automation required all influence the choice of flat socks machine category.
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The dominant category in the Sock Knitting Machines Market's application segment is "Sports Socks." These socks are designed with specialized features for athletes, such as moisture-wicking and cushioning, and are in high demand due to global fitness trends, technological advancements, and brand collaborations.
One of the fastest-growing categories in the Sock Knitting Machines Market is "Medical Socks." This growth is attributed to factors such as the increasing aging population, greater healthcare awareness, and ongoing technological innovations in sock design to cater to specific medical requirements, such as seamless knitting and antibacterial properties.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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The dominant category in the Sock Knitting Machines Market is the textile industry. Several kinds of machines created for the manufacture of socks are included in the textile industry's market for sock knitting machines. To accommodate the wide range of demands of sock producers, these machines are tailored for particular tasks and are available in numerous configurations.
The apparel industry is a prominent segment of users and consumers in the market for sock knitting machines. Sock knitting machines are specialised textile equipment used in the manufacture of knitwear like socks and hosiery. These devices are used in the garment sector, which includes the manufacture and marketing of clothes and accessories, for a variety of tasks.
In the Sock Knitting Machines Market, the dominant distribution channels are offline channels, where manufacturers reach out directly to customers, and Distribution Networks, involving authorized dealers and distributors. To reach a larger consumer base and serve a variety of market sectors, from amateurs to industrial customers, manufacturers and distributors in the sock knitting machine industry frequently combine these channels.
The fastest growing distribution channel in the Sock Knitting Machines Market is Online category. This trend is driven by the increasing popularity of online shopping, enabling manufacturers to reach a global customer base, utilize digital marketing, and offer convenient purchasing options. E-commerce provides advantages like easy comparison shopping, access to product information, and the ability to gather valuable customer data for tailored marketing strategies.
Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Sock Knitting Machines Market is witnessing significant growth in the near future.
In 2023, the Flat Socks Machine segment accounted for noticeable share of global Sock Knitting Machines Market and is projected to experience significant growth in the near future.
The Men’s Socks segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Mayer & Cie. GmbH & Co. KG , Ltd and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Flat Socks Machine, Round Socks Machine, Computerized Sock Machine, Cylinder Sock Machine |
Application | Men’s Socks, Women’s Socks, Children’s Socks, Sports Socks, Medical Socks, Stockings, Tights, Other |
End Use | Textile Industry, Apparel Industry, Home Textiles |
Distribution Channel | Online, Offline |
List of Competitors | Mayer & Cie. GmbH & Co. KG, Fukuhara Industrial & Trading Co., Ltd, BUSI, Santoni (Lonati), Orizio, Tompkins USA, Flying Tiger, Stoll knitting machines, Terrot, NSI Knitting machines, Complett, Dinema, Weiying Knitting Machinery Co. Ltd, Fukuhara Needle Co. Ltd, Pilotelli SRL |
This chapter will help you gain GLOBAL Market Analysis of Sock Knitting Machines. Further deep in this chapter, you will be able to review Global Sock Knitting Machines Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Sock Knitting Machines. Further deep in this chapter, you will be able to review North America Sock Knitting Machines Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Sock Knitting Machines. Further deep in this chapter, you will be able to review Europe Sock Knitting Machines Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Sock Knitting Machines. Further deep in this chapter, you will be able to review Asia Pacific Sock Knitting Machines Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Sock Knitting Machines. Further deep in this chapter, you will be able to review South America Sock Knitting Machines Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Sock Knitting Machines. Further deep in this chapter, you will be able to review Middle East Sock Knitting Machines Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Sock Knitting Machines. Further deep in this chapter, you will be able to review Middle East Sock Knitting Machines Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Sock Knitting Machines. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End Use Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Distribution Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Sock Knitting Machines market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Flat Socks Machine have a significant impact on Sock Knitting Machines market? |
What are the key factors affecting the Flat Socks Machine and Round Socks Machine of Sock Knitting Machines Market? |
What is the CAGR/Growth Rate of Men’s Socks during the forecast period? |
By type, which segment accounted for largest share of the global Sock Knitting Machines Market? |
Which region is expected to dominate the global Sock Knitting Machines Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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