Knitting Machine Market to Experience a Significant Increase in Revenues by 2020-2025
A knitting machine is used for manufacturing fabrics. These knitting machines are used for manufacturing automotive textiles, home textiles, lingerie, mosquito nets, lightweight coating substrates, sportswear/swimwear, lining fabrics, outerwear, etc. Apart from this, these machines are compatible for a wide range of fabric materials including polyethylene, nylon, polyester, polypropylene, and natural fibers. The market for knitting machine is growing constantly over the years and was totaled at a value of USD XXX Million in 2019. The global knitting machine market is expected to thrive at a CAGR of 3.8% during the forecast period to reach a valuation of USD XXX Million by 2025.
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