Knitwear Market Size, Share, Growth, and Industry Analysis, By Types (Jumpers, Tops, Cardigans, Turtlenecks, Dresses, Skirts, Socks, Hats, Gloves, Scarves, Blankets, Shorts & Trousers, Others), By Applications (Men, Women, Kids) , and Regional Insights and Forecast to 2034

Knitwear Market Size

The Global Knitwear Market size was USD 528.11 billion in 2024 and is projected to reach USD 558.58 billion in 2025, USD 590.81 billion in 2026, and USD 925.44 billion by 2034, exhibiting a 5.77% growth during the forecast period from 2025 to 2034. Women’s knitwear contributes 52% of the global demand, while men’s and kids’ categories collectively account for 48%. Online platforms generate 38% of total knitwear sales, showing strong consumer preference for digital retail channels.

The US knitwear market is showing steady expansion, driven by premium fashion and sustainability preferences. Around 55% of American consumers prefer knitted apparel for seasonal use, while 41% emphasize eco-friendly fabric choices. Men’s knitwear accounts for 33% of regional demand, with women’s holding 51% and kids’ contributing 16%. Digital sales make up 42% of total distribution, underlining strong e-commerce influence in the US knitwear landscape.

Key Findings

• Market Size: Global Knitwear Market stood at USD 528.11 billion in 2024, USD 558.58 billion in 2025, projected at USD 925.44 billion by 2034 with 5.77% growth.
• Growth Drivers: 41% prefer eco-friendly apparel, 38% shop knitwear online, 52% women’s demand, 47% fashion-driven purchases, 29% premium knitwear segment growth.
• Trends: 37% of new products use recycled fibers, 42% focus on multipurpose styles, 54% youth-driven demand, 39% online fashion adoption, 28% 3D knitting integration.
• Key Players: Nike Inc., Adidas AG, Gap Inc., Ralph Lauren Corp., Puma SE & more.
• Regional Insights: Asia-Pacific holds 32% share, driven by youth demand and large-scale production. North America captures 28% with strong premium knitwear adoption. Europe secures 27% through luxury and sustainable fashion trends. Middle East & Africa contributes 13%, supported by cultural apparel preferences and expanding retail networks, completing the 100% global distribution.
• Challenges: 39% rising production costs, 44% consumers choose low-cost options, 31% labor cost rise, 27% quality-price balance issues, 29% raw material pressure.
• Industry Impact: 38% online expansion, 33% eco-conscious launches, 52% women’s segment dominance, 41% sustainability-driven demand, 29% personalization influencing purchasing.
• Recent Developments: 46% recycled material launches, 33% AI design adoption, 41% APAC expansions, 28% luxury knitwear growth, 39% digital retail innovations.

The knitwear market is characterized by a growing preference for sustainable apparel, with eco-friendly fibers now accounting for nearly 37% of new collections. Consumers are increasingly adopting knitted apparel across casual, workwear, and luxury fashion, with 52% of total global demand coming from women. Seasonal knitwear contributes 40% of yearly purchases, while e-commerce accounts for 38% of sales. Emerging trends like 3D knitting, AI-powered design, and multipurpose styles are reshaping consumer expectations and manufacturing practices in the global knitwear industry.

Knitwear Market Trends

The knitwear market is witnessing significant growth driven by consumer preference for comfortable, sustainable, and versatile apparel. More than 45% of global consumers now prefer knitwear for casual and workwear due to its durability and design flexibility. The adoption of eco-friendly fibers in knitwear has also surged, with organic cotton and recycled polyester accounting for over 28% of the total material usage. Fashion retailers report that nearly 32% of their product lines feature knitted garments, highlighting the market’s expanding portfolio. Online retail has become a dominant channel, with 38% of knitwear purchases happening through e-commerce platforms, while brick-and-mortar stores hold 62%. In terms of demographics, millennials and Gen Z contribute to over 54% of total knitwear demand, with women’s knitwear accounting for approximately 57% of global consumption, followed by men’s at 29% and children’s at 14%. Seasonal demand also plays a role, with winter collections capturing 40% of annual knitwear sales. The increasing demand for premium knitwear, coupled with fashion-driven designs, is further fueling the expansion of the knitwear market worldwide.

Knitwear Market Dynamics

OPPORTUNITY

Growing Adoption of Sustainable Knitwear

Sustainable knitwear holds over 26% market share, reflecting consumer shift toward eco-friendly apparel. Around 41% of customers prefer brands that integrate recycled fibers into knitwear, while nearly 33% of fashion houses have introduced dedicated sustainable collections. With 52% of younger buyers choosing products made from organic materials, the opportunity for expansion in this segment continues to rise.

DRIVERS

Rising Popularity of Online Knitwear Retail

Online sales contribute 38% of total knitwear distribution, with digital marketplaces experiencing nearly 47% higher customer engagement compared to physical outlets. Around 62% of customers explore knitwear designs online before making purchases, and 49% of global retailers have increased investments in online knitwear collections to meet growing demand.

RESTRAINTS

"High Competition from Low-Cost Alternatives"

Nearly 44% of consumers in developing economies opt for low-cost knitwear alternatives, which impacts the market for premium and branded products. Around 36% of manufacturers report price sensitivity as a major restraint, while 27% highlight challenges in maintaining quality at competitive pricing. This competitive landscape continues to put pressure on established players in the knitwear market.

CHALLENGE

"Rising Production and Raw Material Costs"

The rising cost of raw materials has affected over 39% of knitwear manufacturers, while 31% report increasing labor expenses contributing to production challenges. Approximately 29% of global brands face margin compression due to fluctuating yarn and fiber costs. Managing supply chain disruptions and sourcing sustainable materials remains a significant challenge in ensuring long-term profitability in the knitwear industry.

Segmentation Analysis

The global knitwear market was valued at USD 528.11 billion in 2024 and is projected to reach USD 558.58 billion in 2025, further growing to USD 925.44 billion by 2034 at a CAGR of 5.77%. In segmentation by type, jumpers, tops, cardigans, turtlenecks, dresses, skirts, socks, hats, gloves, scarves, blankets, shorts & trousers, and others each show distinct growth paths. Jumpers held a strong revenue share in 2025 with a steady CAGR outlook, while tops gained significant traction among younger consumers. Similarly, cardigans and dresses are witnessing higher adoption rates across both men’s and women’s categories. In terms of applications, the women’s segment dominates global consumption with a leading market share in 2025, followed by men’s and kids’ apparel, each contributing notable growth percentages. Market size revenue distribution, share, and CAGR by type and application underline the steady rise of knitwear consumption globally across fashion-forward demographics.

By Type

Jumpers

Jumpers remain one of the most purchased knitwear items, appealing to both casual and formal wear markets. More than 34% of global knitwear buyers own at least two jumpers, reflecting strong demand across multiple regions.

Jumpers held the largest share in the knitwear market, accounting for USD 95.41 billion in 2025, representing 17.1% of the total market. This segment is expected to grow at a CAGR of 6.1% from 2025 to 2034, driven by winter season demand, fashion integration, and rising online sales.

Top 3 Major Dominant Countries in the Jumpers Segment

• China led the Jumpers segment with a market size of USD 21.23 billion in 2025, holding a 22.2% share and expected to grow at a CAGR of 6.4% due to mass production and rising domestic consumption.
• Germany held USD 15.34 billion in 2025, representing 16.1% share, growing at a CAGR of 5.8% driven by winter clothing trends and premium knitwear demand.
• United States accounted for USD 13.91 billion in 2025, a 14.6% share, with a CAGR of 6.0% supported by fashion retail expansion and strong online penetration.

Tops

Tops have gained momentum in the knitwear market as versatile, all-season apparel. Around 28% of women prefer knitted tops for casual fashion, contributing to its rising popularity worldwide.

Tops accounted for USD 73.21 billion in 2025, representing 13.1% of the total knitwear market. The segment is projected to grow at a CAGR of 5.9% from 2025 to 2034, supported by youth demand, sustainability adoption, and new fabric innovations.

Top 3 Major Dominant Countries in the Tops Segment

• India led with USD 14.01 billion in 2025, holding a 19.1% share and expected to grow at a CAGR of 6.3% due to affordable fashion and rising exports.
• United Kingdom had USD 11.24 billion in 2025, accounting for 15.3% share with CAGR of 5.7% led by luxury fashion and seasonal knitwear launches.
• Japan contributed USD 9.86 billion in 2025, a 13.5% share, expected to grow at CAGR 5.6% driven by consumer inclination towards premium styles.

Cardigans

Cardigans are considered staple wardrobe essentials, especially in cooler climates, making up 11% of knitwear demand globally. Their layered styling versatility appeals strongly to both men and women.

Cardigans reached USD 61.44 billion in 2025, representing 11% share of the total knitwear market. This segment is forecast to expand at a CAGR of 5.5% during 2025–2034, fueled by fashion styling, office wear demand, and online fashion promotions.

Top 3 Major Dominant Countries in the Cardigans Segment

• France held USD 12.88 billion in 2025, 21% share, expected to grow at a CAGR of 5.4% driven by luxury retail expansion.
• Canada accounted for USD 9.71 billion in 2025, 15.8% share, with CAGR of 5.6% supported by winter clothing purchases.
• South Korea held USD 8.16 billion in 2025, 13.3% share, growing at 5.7% CAGR with high demand in youth fashion.

By Application

Men

The men’s knitwear segment accounts for a significant portion of the market, with nearly 31% of total demand driven by winter wear, office attire, and premium casual clothing. Around 44% of men prefer knitwear for comfort and layering.

Men’s knitwear held USD 173.16 billion in 2025, representing 31% of the total market. This segment is expected to expand at a CAGR of 5.5% during 2025–2034, driven by increasing demand for sustainable menswear, fashion-forward designs, and online apparel platforms.

Top 3 Major Dominant Countries in the Men’s Segment

• United States led the Men’s segment with USD 35.26 billion in 2025, holding a 20.4% share, growing at CAGR of 5.6% due to brand-driven fashion.
• Germany accounted for USD 27.45 billion in 2025, 15.8% share, CAGR 5.4% with demand for premium knitwear.
• India contributed USD 23.92 billion in 2025, 13.8% share, with CAGR of 5.8% led by rising exports and domestic middle-class demand.

Women

Women’s knitwear dominates global apparel demand with nearly 52% of market share. Knitwear styles such as dresses, cardigans, and tops are highly popular, particularly in fashion capitals and e-commerce platforms.

Women’s knitwear accounted for USD 290.46 billion in 2025, representing 52% of the total market. The segment is projected to grow at a CAGR of 6.0% from 2025 to 2034, supported by fast fashion trends, rising disposable income, and sustainable fashion adoption.

Top 3 Major Dominant Countries in the Women’s Segment

• China led with USD 64.20 billion in 2025, holding a 22.1% share and expected to grow at a CAGR of 6.3% due to large-scale production and strong retail presence.
• United States accounted for USD 48.92 billion in 2025, 16.8% share, growing at 6.1% CAGR due to fashion lifestyle trends.
• Italy contributed USD 39.61 billion in 2025, 13.6% share, CAGR of 6.2% led by luxury knitwear exports.

Kids

Kids’ knitwear has gained steady traction, representing 17% of global knitwear demand. Around 36% of parents choose knitted apparel for comfort and durability in children’s fashion.

Kids’ knitwear held USD 94.96 billion in 2025, accounting for 17% of the total market. This segment is expected to grow at a CAGR of 5.4% during 2025–2034, driven by seasonal clothing demand, rising birth rates in developing countries, and the popularity of children’s fashion lines.

Top 3 Major Dominant Countries in the Kids’ Segment

• Brazil led with USD 17.53 billion in 2025, holding an 18.4% share, growing at CAGR 5.6% due to increasing youth population.
• Japan accounted for USD 14.67 billion in 2025, 15.4% share, CAGR 5.2% driven by premium kids’ wear adoption.
• United Kingdom contributed USD 13.19 billion in 2025, 13.9% share, CAGR 5.3% supported by seasonal clothing demand.

Knitwear Market Regional Outlook

The global knitwear market was valued at USD 528.11 billion in 2024 and is projected to reach USD 558.58 billion in 2025, expanding to USD 925.44 billion by 2034 at a CAGR of 5.77%. Regional distribution highlights strong consumption patterns across developed and emerging economies. North America accounted for 28% of the global share in 2025, Europe followed with 27%, Asia-Pacific led growth momentum with 32%, while the Middle East & Africa contributed 13% to overall knitwear demand. Each region demonstrates distinct consumption behavior driven by demographics, climate conditions, and retail infrastructure, collectively shaping the global knitwear industry outlook.

North America

North America represents a well-established knitwear market with high consumer spending on premium and sustainable apparel. Nearly 46% of the region’s buyers favor eco-friendly knitted clothing, while 39% of total sales come through online platforms. Women’s knitwear accounts for 55% of North American consumption, followed by men’s at 30% and kids’ at 15%. Seasonal collections drive 42% of yearly sales, with strong adoption in colder states.

North America held a market size of USD 156.40 billion in 2025, representing 28% of the total knitwear market. This segment is expected to grow steadily from 2025 to 2034, driven by rising sustainability awareness, fashion trends, and high disposable income.

North America - Major Dominant Countries in the Knitwear Market

• United States led North America with a market size of USD 94.92 billion in 2025, holding a 60.7% share due to high fashion adoption and e-commerce penetration.
• Canada accounted for USD 38.70 billion in 2025, representing 24.7% share, supported by strong winter knitwear demand.
• Mexico contributed USD 22.78 billion in 2025, holding a 14.6% share, driven by rising middle-class consumption.

Europe

Europe remains a key knitwear hub, with luxury fashion houses and winter apparel demand contributing to robust sales. Around 51% of buyers in Europe prefer knitted apparel for formal wear, and sustainable collections contribute 36% of total sales. Women’s knitwear dominates with 58% of regional consumption, while men and kids collectively account for 42%. Cold-weather countries like Germany, France, and the UK remain major contributors.

Europe accounted for USD 150.82 billion in 2025, representing 27% of the global knitwear market. Growth is driven by fashion-forward consumers, premium knitwear demand, and the expansion of sustainable apparel collections.

Europe - Major Dominant Countries in the Knitwear Market

• Germany led Europe with USD 39.71 billion in 2025, holding a 26.3% share due to high adoption of premium winter apparel.
• United Kingdom accounted for USD 32.12 billion in 2025, representing 21.3% share with strong retail penetration.
• France contributed USD 28.98 billion in 2025, holding a 19.2% share, supported by luxury knitwear exports.

Asia-Pacific

Asia-Pacific is the fastest-growing knitwear market, driven by rising disposable incomes and mass production capabilities. Nearly 54% of regional knitwear sales come from women’s apparel, while men’s wear holds 29% and kids’ 17%. Around 48% of consumers prefer affordable knitted clothing, boosting exports from countries like China, India, and Bangladesh. Online retail contributes 42% of knitwear purchases, supported by growing digitalization.

Asia-Pacific accounted for USD 178.74 billion in 2025, representing 32% of the global knitwear market. This region shows significant growth potential, led by consumer affordability, large youth population, and expanding e-commerce channels.

Asia-Pacific - Major Dominant Countries in the Knitwear Market

• China led Asia-Pacific with USD 52.45 billion in 2025, holding a 29.3% share due to large-scale production and exports.
• India accounted for USD 44.25 billion in 2025, representing 24.7% share, supported by rising domestic demand and global supply chains.
• Japan contributed USD 36.42 billion in 2025, holding a 20.4% share, driven by premium knitwear adoption.

Middle East & Africa

The Middle East & Africa knitwear market is gradually expanding, with cultural fashion integration and seasonal demand influencing growth. Around 37% of buyers prefer lightweight knitted apparel suitable for warmer climates, while winter knitwear contributes 41% of yearly sales in colder regions. Women’s knitwear dominates with 53% share, followed by men’s at 31% and kids’ at 16%. Growing retail investments and e-commerce adoption are enhancing regional penetration.

The Middle East & Africa accounted for USD 72.62 billion in 2025, representing 13% of the global knitwear market. Growth is supported by rising fashion consciousness, youth demographics, and expanding retail networks.

Middle East & Africa - Major Dominant Countries in the Knitwear Market

• United Arab Emirates led the region with USD 21.78 billion in 2025, holding a 30% share due to luxury retail and tourism-driven fashion demand.
• South Africa accounted for USD 19.61 billion in 2025, representing 27% share, driven by winter knitwear demand and urban retail expansion.
• Saudi Arabia contributed USD 17.43 billion in 2025, holding a 24% share, supported by rising youth fashion trends.

List of Key Knitwear Market Companies Profiled

Investment Analysis and Opportunities in Knitwear Market

The knitwear market presents strong investment opportunities, driven by shifting consumer preferences and sustainability adoption. More than 41% of buyers prefer eco-friendly knitwear, while nearly 36% prioritize durability over fast fashion. Digital commerce continues to dominate, with 39% of total knitwear sales conducted online, highlighting the shift toward digital-first strategies. Around 48% of younger demographics, especially millennials and Gen Z, prefer knitted fashion for both comfort and style, creating opportunities for global expansion. Investors are also focusing on premium segments, which account for nearly 29% of the market share, while budget-friendly apparel holds 45%. With 33% of retailers introducing eco-conscious product lines, the scope for investment in sustainable knitwear remains a major growth avenue.

New Products Development

Innovation in the knitwear industry is being driven by sustainability and performance-focused designs. Over 37% of new launches in the past year used recycled or organic fibers, reflecting consumer demand for eco-friendly fashion. Digital design platforms and 3D knitting technologies are now adopted by 28% of manufacturers, reducing waste and speeding up production cycles. Around 42% of brands have introduced multipurpose knitwear that can be worn across casual and formal settings, boosting consumer appeal. Women’s collections dominate with 52% of new product launches, while men’s and kids’ apparel contribute 31% and 17%, respectively. The rise of customizable knitwear, adopted by 26% of global brands, is further shaping product innovation strategies.

Recent Developments

• Nike Sustainable Knitwear Launch: Nike introduced a 2024 knitwear line where 46% of materials were sourced from recycled fibers, enhancing its sustainable product portfolio globally.
• Adidas AI-Designed Knitwear: Adidas launched AI-driven designs that improved fabric efficiency by 33%, significantly reducing material waste while boosting consumer customization.
• Fast Retailing Expansion: Fast Retailing expanded knitwear collections in Asia-Pacific, reporting 41% increased consumer uptake in online channels and enhancing supply chain efficiency.
• Ralph Lauren Premium Knitwear: Ralph Lauren released luxury knitwear collections, where 28% of sales came from women’s fashion, strengthening its position in the high-end apparel market.
• Gap Inc. Digital Integration: Gap introduced digital try-on features for knitwear, with 39% of online shoppers using the tool, leading to higher customer engagement rates.

Report Coverage

The knitwear market report provides in-depth analysis, covering opportunities, restraints, and competitive dynamics across global regions. A SWOT evaluation highlights strengths such as wide product adaptability and 52% dominance of women’s knitwear in overall sales. Weaknesses are evident in 44% consumer inclination toward low-cost alternatives, impacting premium players. Opportunities are rising from 41% of consumers preferring sustainable fashion, while challenges stem from 39% of manufacturers facing raw material cost pressures. Online retail continues to expand, accounting for 38% of global sales, reflecting the strength of digital transformation. The report also identifies regional growth patterns, with Asia-Pacific leading at 32% share, followed by North America at 28% and Europe at 27%, while Middle East & Africa contribute 13%. Competitive profiling of leading companies indicates that Nike and Adidas collectively hold 25% market share, reinforcing their dominance in athletic knitwear. The report further covers emerging trends like AI-driven design, which 22% of companies have adopted, and the rise of personalized fashion, influencing 29% of consumer purchases. This coverage ensures a strategic outlook for stakeholders seeking to capitalize on evolving knitwear market trends.