Global Double Cylinder Socks Knitting Machines Market Size By Type (Ordinary Double Socks Knitting Machine, Computerized Double Socks Knitting Machine), By Application (Men's Socks, Lady Socks), By Re...

The Global Double Cylinder Socks Knitting Machines Market was valued at USD X.X billion in 2023 and is expected to reach USD X.X billion by 2031, growing at a CAGR of X.X% during the forecast period (2023-2031). The demand for double cylinder socks knitting machines is driven by the rising preference for high-quality, customized, and seamless socks, increasing automation in textile manufacturing, and the growth of the fashion and athleisure industry.

Double cylinder knitting machines are widely used for producing complex sock designs with improved elasticity, better fit, and durability. With technological advancements, these machines now offer higher speed, precision, and seamless production, leading to enhanced efficiency in textile manufacturing.

Market Drivers

1. Increasing Demand for Custom and Premium Socks

Consumers are shifting towards high-performance socks that offer better fit, breathability, and durability. The increasing demand for sports, compression, and fashion socks is fueling the adoption of advanced double cylinder knitting machines.

2. Automation and Technological Advancements

The integration of AI, IoT, and automated patterning in knitting machines is improving productivity, reducing defects, and allowing for mass customization, making production more efficient and cost-effective.

3. Growth of the Textile and Apparel Industry

The expanding textile and apparel sector, especially in Asia-Pacific and European markets, is contributing to the growing adoption of automated sock knitting machines.

Market Restraints

1. High Initial Investment Costs

The adoption of double cylinder knitting machines requires substantial capital investment, which can be a barrier for small and medium-sized textile manufacturers.

2. Complexity in Machine Operation and Maintenance

The operation and maintenance of high-tech knitting machines require skilled professionals. A shortage of trained technicians may limit the adoption of these machines in developing regions.

Market Opportunity

1. Expansion in Emerging Markets

Developing countries, particularly India, Bangladesh, and Vietnam, are investing in textile automation, presenting a huge opportunity for manufacturers of double cylinder knitting machines.

2. Sustainable and Eco-Friendly Production

Growing awareness about sustainable fashion is pushing manufacturers to adopt energy-efficient knitting machines that minimize waste and reduce water consumption in textile processing.

Market by System Type Insights

1. Fully Automated Double Cylinder Socks Knitting Machines

This segment accounted for the largest market share in 2023. Fully automated machines are highly preferred due to their high efficiency, reduced manual intervention, and capability to produce intricate designs.

2. Semi-Automated Double Cylinder Socks Knitting Machines

This segment is popular among small and medium-sized manufacturers who seek automation but still require some manual control to reduce costs.

Market by End-Use Insights

1. Sports and Athleisure Socks

The sports and fitness industry is driving the demand for high-performance socks that provide comfort, breathability, and sweat-wicking properties.

2. Medical and Compression Socks

With rising awareness of health and wellness, the demand for compression socks for diabetes, circulation issues, and recovery is increasing, boosting the market for advanced double cylinder knitting machines.

3. Casual and Fashion Socks

The fashion industry is embracing bold designs, patterns, and customization, encouraging textile manufacturers to invest in high-precision knitting machines.

Market by Regional Insights

North America: A mature market with a high demand for premium and customized socks.

Europe: Home to leading textile machinery manufacturers and a growing sustainable fashion movement.

Asia-Pacific: The fastest-growing market, driven by textile hubs like China, India, and Bangladesh.

Latin America & Middle East & Africa: Emerging regions with increasing investment in textile manufacturing automation.

Competitive Scenario

Leading players in the Global Double Cylinder Socks Knitting Machines Market include:

Lonati S.p.A

Santoni S.p.A

Mayer & Cie

Busi Giovanni S.r.l

Ningbo Cixing Co., Ltd

Da Kong Enterprise Co., Ltd

Takatori Corporation

These companies are focusing on technological innovations, partnerships, and expanding automation solutions to strengthen their market position.

Scope of Work – Global Double Cylinder Socks Knitting Machines Market

Key Market Developments

Lonati S.p.A introduced an AI-powered smart knitting system in 2023, reducing defect rates by 30% and improving production efficiency.

Santoni S.p.A launched an energy-efficient double cylinder knitting machine in 2024, focusing on sustainability and low power consumption.

Ningbo Cixing Co., Ltd expanded its production facilities in Asia-Pacific, targeting the growing demand for automated textile solutions.

FAQs

1. What is the current market size of the Global Double Cylinder Socks Knitting Machines Market?

The market was valued at USD X.X billion in 2023.

2. What is the major growth driver of the Global Double Cylinder Socks Knitting Machines Market?

The rising demand for high-performance and customized socks and the integration of automation in textile manufacturing are key growth drivers.

3. Which is the largest region during the forecast period in the Global Double Cylinder Socks Knitting Machines Market?

Asia-Pacific is projected to witness the fastest growth, driven by expanding textile manufacturing hubs.

4. Which segment accounted for the largest market share in the Global Double Cylinder Socks Knitting Machines Market?

The fully automated double cylinder socks knitting machines segment dominated the market due to its high efficiency and precision.

5. Who are the key market players in the Global Double Cylinder Socks Knitting Machines Market?

Leading companies include Lonati S.p.A, Santoni S.p.A, Mayer & Cie, Busi Giovanni S.r.l, and Ningbo Cixing Co., Ltd.

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