Wednesday, April 28, 2021

Flat Knitting Machine Market Entry Strategies, Countermeasures of Economic Impact and Marketing Channels to 2027

A flat knitting machine is a two-bed machine used to create flat knitted fabric. The advantage of a flat knitted machine is that it has vertical and horizontal stationary threads which can be combined into the fabric. It has two stationary beds which are arranged in an inverted V formation. The machine has tracks in which the needles can be moved.  Jumpers, pullovers, cardigans, dresses, suits, trouser suits, hats, and scarves are some common products produced using flat knitting machines. These machines are available in a variety of options in terms of price, size, and other facilities. Growing apparel market, automation of the textile industry, rising demand for fabric cloths, and increasing disposable income are the major factors expected to influence the global market. Staggering growth of automated flat knitting machines is expected due to rising labor cost and market shift toward automation. Large & growing domestic and global demand combined with increasing purchasing power of people is also anticipated to drive the global flat knitting machine market. However, intense competition and competitive pricing strategies are expected to hinder the market during the forecast period.

The global flat knitting machine market can be segmented based on type, material, application, end-use, distribution channel, and geography. Based on type, the flat knitting machine market can be categorized into manual flat knitting machine, semi auto flat knitting machine, and fully automated flat knitting machine. Fully automated machines are expected to show significant growth due to rising labor cost in the near future. On the basis of application, the flat knitting machine market is classified into upper material, sweater, home textile, and others. Home textile is anticipated to grow at a rapid rate in the coming years.  

Read More @ https://www.transparencymarketresearch.com/flat-knitting-machine-market.html

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