Sock Knitting Machines Market Insights Video

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.

• The sock knitting machines market is flourishing due to increasing demand for customized socks, driven by modern consumers' desire for unique, tailor-made products, particularly in the fashion industry, where individuality is highly prized.
• In 2023, the cylinder sock machine category dominated the market for sock knitting machines.
• The online distribution channel is surging due to convenience and shifting consumer preferences.
• Europe will continue to lead and experience the strongest growth, whereas Asia Pacific is expected to be the most rapidly growing region in the forecast period.