Knitwear Market
By Material Type;
Natural, Synthetic and BlendedBy End-Use;
Innerwear and OutwearBy Distribution Channel;
Store-Based and Non-Store-BasedBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Knitwear Market Overview
Knitwear Market (USD Million)
Knitwear Market was valued at USD 904,987.80 million in the year 2024. The size of this market is expected to increase to USD 2,000,639.71 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.0%.
Knitwear Market
*Market size in USD million
CAGR 12.0 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 12.0 % |
| Market Size (2024) | USD 904,987.80 Million |
| Market Size (2031) | USD 2,000,639.71 Million |
| Market Concentration | Low |
| Report Pages | 312 |
Major Players
- Adidas AG
- Gildan Activewear S.R.L
- Loro Piana S.p.a
- Puma SE
- Ralph Lauren
- The Nautical Company Ltd
- Victoria's Secret
- Maglificio Ripa S.p.a
- Lenzing AG
- Ecowool
- Sana Hastakala (P) Ltd
- The Gap, Inc
- Hackett Ltd
- Marks and Spencer Group plc
- Nike Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Knitwear Market
Fragmented - Highly competitive market without dominant players
The knitwear market is witnessing strong growth as consumers prioritize comfort, style, and adaptability in their wardrobes. Over 58% of buyers choose knitwear for its softness, flexibility, and ability to fit both casual and professional settings.
Rising Preference for Sustainable Materials
Quality and sustainability are shaping consumer decisions, with nearly 53% favoring wool, organic cotton, or blended fabrics. These durable and eco-friendly choices enhance wearability while aligning with the increasing demand for responsible fashion.
Fashion-Driven Knitwear Adoption
Modern designs are redefining knitwear, with about 47% of purchases influenced by trend-driven collections. From bold patterns to innovative cuts, knitwear has become a central element of fashion-forward clothing lines.
Technological Advancements in Production
Innovations such as digital knitting and advanced production techniques are streamlining efficiency and customization. Around 44% of new launches integrate automation and design precision, making knitwear more appealing to today’s evolving fashion market.
Positive Market Prospects
The knitwear market shows strong potential for expansion, fueled by sustainability, premium fabrics, and trend-based designs. More than 46% of new developments focus on eco-friendly materials and stylish aesthetics, ensuring continued growth opportunities.
Knitwear Market Key Takeaways
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The market is growing steadily due to the rising demand for comfortable, fashion-forward apparel and increasing consumer preference for versatile knitted garments across both casual and formal wear segments.
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Technological advancements in digital knitting machines, 3D knitting, and computer-aided design (CAD) are driving innovation in product customization, production efficiency, and sustainable material usage across the apparel industry.
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The Asia-Pacific region dominates global knitwear production, led by China, Bangladesh, and India, which serve as key manufacturing hubs for international brands due to their cost advantages and growing textile infrastructure.
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Growing adoption of sustainable fibers such as organic cotton, wool, and recycled polyester is reshaping the market landscape, as eco-conscious consumers increasingly prioritize ethical fashion and low-carbon manufacturing processes.
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The rise of e-commerce platforms and direct-to-consumer brands is transforming distribution channels, enabling manufacturers and designers to reach a wider audience with seasonal collections and personalized knitwear offerings.
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Despite growth, the market faces challenges including raw material price fluctuations, labor cost inflation, and the need for continuous adaptation to fast-changing fashion trends and global supply chain dynamics.
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Future expansion will be driven by innovations in smart textiles, thermal-regulating fabrics, and athleisure knitwear, positioning the segment as a key contributor to the evolving landscape of functional and sustainable fashion.
Knitwear Market Recent Developments
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In January 2021, Zara launched a new line of knitwear featuring smart textiles, seamlessly integrating fashion with wearable technology. This innovative collection targeted tech-savvy consumers seeking modern apparel that combines comfort, style, and digital functionality.
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In March 2023, H&M introduced a sustainable knitwear collection crafted from recycled wool, reflecting the brand’s commitment to environmentally conscious fashion. This initiative aligns with the growing consumer demand for eco-friendly products and reinforces H&M’s focus on sustainability in the apparel industry.
Knitwear Market Segment Analysis
In this report, the Knitwear Market has been segmented by
Knitwear Market, Segmentation by Material TypeMaterial Type, End-Use, Distribution Channel, and Geography.
The Material Type lens differentiates knitwear by fiber composition, shaping decisions on performance, cost, sustainability positioning, and supply chain strategies. Brands calibrate sourcing between natural and man-made inputs to balance price volatility, drape/handfeel, and durability, while mills invest in spinning, dyeing, and finishing technologies aligned to each material’s processing window. Over the forecast horizon, product pipelines emphasize eco-friendly narratives, traceability, and circularity, with collaboration across spinners, chemical suppliers, and retailers to accelerate innovation and reduce waste.
NaturalNatural knitwear leverages fibers such as cotton, wool, and cashmere for their breathability, comfort, and premium aesthetics. It remains central to innerwear and fashion basics where skin comfort and moisture management drive repeat purchase. Strategic priorities include responsibly sourced cotton, non-mulesed wool, and regenerative agriculture messaging, while mills upgrade combing, enzyme finishing, and low-impact dye routes to enhance softness and maintain fabric integrity without compromising throughput.
SyntheticSynthetic knitwear—dominated by polyester, nylon, and acrylic—competes on performance, stretch/recovery, and cost efficiency, supporting athleisure, outer layers, and quick-dry categories. Brands emphasize yarn engineering (microfibers, filament blends) and advanced finishing to achieve pilling resistance and color fastness across intense wear cycles. Supply strategies prioritize large-scale polymer availability, dope-dye routes, and recycling streams, while marketing underscores durability and easy-care benefits for value-conscious consumers.
BlendedBlended knitwear combines natural and synthetic fibers to harmonize comfort, shape retention, and cost, enabling versatile fabrics for multi-occasion wardrobes. Mills tweak ratios and yarn counts to hit targeted handfeel and mechanical properties, supporting nuanced brand tiers from basics to premium. As sustainability frameworks mature, growth leans on recycled synthetics with responsibly sourced natural fibers, supported by certifications and digital product passports to communicate material impacts transparently to end consumers.
Knitwear Market, Segmentation by End-Use
The End-Use view parses demand by functional context, aligning fiber choice, knit constructions, and aesthetics with wearer expectations. Innerwear emphasizes next-to-skin comfort, breathability, and softness, while outer categories compete on silhouette, thermal regulation, and durability. Retailers curate assortments by use case across seasons, and manufacturers adapt needle selection, gauge, and finishing to unlock repeatability at scale with consistent quality metrics and reduced returns.
InnerwearInnerwear prioritizes soft handfeel, moisture management, and low irritation seams, making combed cotton, modal, and engineered blends popular. Brands invest in circular knitting and seamless technologies to minimize chafe points and deliver precision fits across sizes. Marketing leans on comfort credentials and fabric science, while operations focus on color consistency, shrinkage control, and efficient pack-and-ship models for both store-based and direct-to-consumer channels.
OutwearOutwear knitwear spans sweaters, cardigans, and fashion layers where structure, styling versatility, and seasonal palettes drive full-price sell-through. Designers employ varied stitches, gauges, and surface textures to differentiate collections, while performance lines add synthetics or technical finishes for warmth-to-weight advantages. Supply plans synchronize yarn dyeing, make-to-order drops, and replenishment triggers, mitigating markdown risk and enabling responsive merchandising across peak seasons.
Knitwear Market, Segmentation by Distribution Channel
Distribution Channel strategy shapes visibility, basket size, and margin realization across physical and digital touchpoints. Store-based formats showcase fit, fabric feel, and styling support, while non-store pathways expand reach, personalization, and convenience. Leading players blend omnichannel playbooks—localized assortments, click-and-collect, and flexible returns—backed by demand sensing and inventory orchestration to maximize availability and reduce working capital exposure.
Store-BasedStore-based retail—including specialty apparel, department stores, and value chains—leverages experiential merchandising, tailored fittings, and immediate fulfillment. Visual displays emphasize knit textures and layering options, while staff education on fabric care and sustainability enhances conversion. Retailers optimize planograms and replenishment cadences by climate zone and footfall patterns, aligning deliveries to promotional calendars and minimizing end-of-season carryover.
Non-Store-BasedNon-store distribution—ecommerce marketplaces and brand-owned digital—drives assortment breadth, data-driven personalization, and rapid testing of styles. Rich content (videos, fabric close-ups) and size recommendation tools lower return rates, while dynamic pricing and targeted promotions support sell-through without eroding brand equity. Operations invest in distributed fulfillment, returns consolidation, and packaging that preserves knit integrity during transit to protect customer experience.
Knitwear Market, Segmentation by Geography
In this report, the Knitwear Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America’s knitwear demand is shaped by premium basics, athleisure, and cold-weather layering, supported by high digital adoption and robust specialty retail. Brands emphasize sustainable materials and traceability to engage values-driven shoppers, while retailers refine allocation by climate zone and regional style preferences. Supply strategies leverage nearshoring options and responsive replenishment to protect service levels during seasonal spikes and promotional windows.
EuropeEurope balances heritage craftsmanship with modern performance, underpinned by stringent environmental standards and evolving circularity frameworks. Fashion capitals influence color and silhouette cycles, while northern markets prioritize warmth and durability. Retailers integrate omnichannel services and localized capsules, and suppliers align with certification schemes to communicate responsible sourcing, animal welfare for wool, and extended product life through care guidance.
Asia PacificAsia Pacific combines large-scale manufacturing ecosystems with expanding middle-class consumption, fueling breadth from value basics to premium fashion. Climate diversity drives a mix of lightweight layers and trans-seasonal pieces, while social-commerce and marketplace models accelerate trend diffusion. Brands collaborate with regional mills on yarn innovation and invest in size and fit analytics to improve conversion across varied body profiles and style preferences.
Middle East & AfricaMiddle East & Africa demand reflects climate-appropriate layering, modest fashion influences, and luxury positioning in key city hubs. Retail expansion in modern trade and malls supports discovery of new knit textures and silhouettes, while ecommerce improves access beyond tier-one cities. Supply and merchandising plans balance lightweight yarns, breathable constructions, and festive color stories aligned to regional calendars and tourism cycles.
Latin AmericaLatin America’s knitwear market blends value-driven essentials with fashion-forward categories influenced by cultural events and climate zones. Retailers grow private label and marketplace partnerships to broaden access, while local manufacturing clusters support agility for seasonal drops. Strategic focus areas include inventory visibility, fit consistency, and resilient sourcing to navigate currency swings and demand variability across countries and channels.
Knitwear Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Knitwear Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Fashion Trends
- Seasonal Demand
- Sustainability Concerns
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Globalization of Supply Chains: The globalization of supply chains has profoundly impacted the Global Knitwear Market, reshaping its dynamics and driving significant changes in sourcing, production, and distribution strategies. With the expansion of international trade and advancements in transportation and communication technologies, knitwear manufacturers have increasingly embraced global sourcing to access cost-effective raw materials, labor, and production facilities. This globalization has led to the fragmentation of production processes across multiple countries, creating complex supply networks that span continents. As a result, knitwear companies can leverage comparative advantages in different regions, optimizing their production processes and enhancing efficiency to meet consumer demand more effectively.
The globalization of supply chains has enabled knitwear companies to diversify their market reach and respond to shifting consumer preferences and demand patterns worldwide. By tapping into global markets, manufacturers can access a broader customer base and capitalize on emerging opportunities in rapidly growing economies. The interconnected nature of global supply chains facilitates innovation and knowledge sharing, as companies collaborate with suppliers, designers, and partners from diverse cultural and geographical backgrounds. This globalization also poses challenges such as supply chain disruptions, logistical complexities, and risks associated with geopolitical instability or natural disasters, underscoring the importance of robust risk management and agility in navigating the global knitwear market.
Restraints:
- Competitive Pressure
- Rising Raw Material Costs
- Changing Consumer Preferences
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Environmental and Regulatory Compliance: Environmental and regulatory compliance are increasingly significant considerations within the Global Knitwear Market as consumers and regulatory bodies alike place greater emphasis on sustainability and responsible production practices. Manufacturers and stakeholders in the knitwear industry are under pressure to adhere to stringent environmental standards and regulations concerning waste management, energy consumption, and emissions reduction. This necessitates investments in eco-friendly manufacturing processes, such as the use of organic and recycled materials, as well as the implementation of water and energy-saving technologies throughout the production cycle. Compliance with international labor standards and regulations regarding working conditions and fair wages is crucial to maintaining ethical practices and securing consumer trust in the supply chain.
Regulatory frameworks governing product safety, labeling, and chemical usage impose additional compliance requirements on knitwear manufacturers operating in the global market. Compliance with regulations such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) in the European Union and CPSIA (Consumer Product Safety Improvement Act) in the United States ensures that knitwear products meet strict quality and safety standards, enhancing consumer confidence and market access. Adherence to these environmental and regulatory mandates not only mitigates legal and reputational risks but also presents opportunities for differentiation and market leadership for companies committed to sustainability and responsible business practices in the global knitwear market.
Opportunities:
- Collaborations and Partnerships
- Customization and Personalization
- Product Diversification and Expansion
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Adoption of Circular Economy Practices: The adoption of circular economy practices within the global knitwear market is gaining momentum as stakeholders recognize the urgent need to mitigate the environmental impact of textile production and consumption. Knitwear manufacturers are increasingly embracing circularity principles, which prioritize resource efficiency, waste reduction, and product lifecycle optimization. This shift is driven by growing consumer awareness of sustainability issues, regulatory pressures, and the imperative to build resilient and responsible supply chains. In response, knitwear companies are rethinking traditional linear production models and exploring innovative approaches such as closed-loop recycling, eco-friendly material sourcing, and product design for durability and recyclability. By implementing circular economy practices, knitwear manufacturers aim to minimize waste generation, lower resource consumption, and extend the lifespan of products, thereby reducing their ecological footprint and contributing to a more sustainable textile industry.
The adoption of circular economy practices offers significant business opportunities for knitwear companies, including cost savings, enhanced brand reputation, and access to new markets. By designing products with longevity and recyclability in mind, manufacturers can appeal to environmentally conscious consumers who prioritize sustainable fashion choices. The incorporation of recycled materials into knitwear production not only reduces reliance on virgin resources but also helps to close the loop on textile waste. Embracing circularity can foster innovation and collaboration across the knitwear supply chain, leading to the development of new technologies, business models, and partnerships aimed at creating a more circular and resilient industry ecosystem. As sustainability continues to drive consumer preferences and regulatory requirements, the adoption of circular economy practices is poised to become increasingly central to the future of the global knitwear market.
Knitwear Market Competitive Landscape Analysis
Knitwear Market is characterized by a competitive environment shaped by established players, emerging brands, and specialized manufacturers. Companies are emphasizing strategies that integrate sustainability, digital commerce, and fast fashion influences. With rising consumer awareness, collaborations and partnerships are gaining importance, while mergers have contributed to market growth and broader expansion across retail channels.
Market Structure and Concentration
The market exhibits a moderately fragmented structure, where leading brands control around 45% while niche players account for the remaining share. This concentration reflects the balance between mass-market dominance and smaller labels driving unique trends. A focus on innovation, design flexibility, and customer loyalty strategies enables companies to strengthen competitive positions despite growing pressure from online distribution.
Brand and Channel Strategies
Brands in the knitwear sector are deploying multi-channel strategies, integrating physical outlets with e-commerce platforms that account for more than 55% of sales. Partnerships with influencers and retail collaboration strategies amplify visibility, while premium labels leverage exclusivity. Expansion into emerging fashion hubs has further enhanced the brand value, driving long-term growth potential in diverse consumer segments.
Innovation Drivers and Technological Advancements
Technological advancements play a central role, with over 60% of manufacturers adopting 3D knitting, automated design, and sustainable fabrics. Such innovation fosters efficiency, waste reduction, and modern aesthetics. Collaborative investments in eco-friendly fibers and digital customization tools highlight how partnerships are reshaping competitive strength and positioning knitwear as a driver of fashion growth.
Regional Momentum and Expansion
Regional expansion remains a critical focus, with nearly 50% of the market’s growth concentrated in Asia-Pacific, supported by rising demand in urban centers. European brands emphasize sustainable strategies, while North America benefits from retail collaborations and luxury knitwear demand. Partnerships between manufacturers and regional retailers are shaping supply consistency, further enabling competitive expansion across high-demand geographies.
Future Outlook
The future outlook for the knitwear industry is anchored in technological advancements, shifting consumer behavior, and sustainability integration. With more than 70% of consumers preferring eco-conscious fabrics, innovation-driven strategies will dictate competitiveness. Mergers and partnerships are expected to accelerate, enabling brands to capture evolving fashion needs while maintaining steady market growth in the coming years.
Key players in Knitwear Market include:
- Adidas AG
- Gildan Activewear S.R.L
- Loro Piana S.p.a
- Puma SE
- Ralph Lauren
- The Nautical Company Ltd
- Victoria's Secret
- Maglificio Ripa S.p.a
- Lenzing AG
- Ecowool
- Sana Hastakala (P) Ltd
- &bsp;The Gap, Inc
- Hacnkett Ltd
- Marks and Spencer Group plc
- Nike Inc
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Material Type
- Market Snapshot, By End-Use
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Knitwear Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Fashion Trends
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Seasonal Demand
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Sustainability Concerns
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Globalization of Supply Chains
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- Restraints
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Competitive Pressure
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Rising Raw Material Costs
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Changing Consumer Preferences
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Environmental and Regulatory Compliance
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- Opportunities
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Collaborations and Partnerships
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Customization and Personalization
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Product Diversification and Expansion
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Adoption of Circular Economy Practices
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Knitwear Market, By Material Type, 2021 - 2031 (USD Million)
- Natural
- Synthetic
- Blended
- Knitwear Market, By End-Use, 2021 - 2031 (USD Million)
- Innerwear
- Outwear
- Knitwear Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Store-Based
- Non-Store-Based
- Knitwear Market, By Geography, 2021 - 2031 (USD Million)
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North America
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United States
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Canada
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Europe
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Germany
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United Kingdom
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France
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Italy
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Spain
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Nordic
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Benelux
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Rest of Europe
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Asia Pacific
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Japan
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China
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India
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Australia/New Zealand
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South Korea
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ASEAN
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Rest of Asia Pacific
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Middle East & Africa
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GCC
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Israel
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South Africa
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Rest of Middle East & Africa
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Latin America
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Brazil
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Mexico
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Argentina
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Rest of Latin America
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- Knitwear Market, By Material Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
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Adidas AG
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Gildan Activewear S.R.L
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Loro Piana S.p.a
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Puma SE
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Ralph Lauren
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The Nautical Company Ltd
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Victoria's Secret
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Maglificio Ripa S.p.a
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Lenzing AG
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Ecowool
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Sana Hastakala (P) Ltd
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The Gap, Inc
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Hackett Ltd
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Marks and Spencer Group plc
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Nike Inc
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- Company Profiles
- Analyst Views
- Future Outlook of the Market

