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E-com facilitates global knitwear growth

Globally, there has been an increase in online sales of knitwear products. Knitwear products are a major segment of the fashion industry. The e-commerce fashion industry in the US and Europe is expected to expand at a CAGR of 8.8 per cent and 8.7 per cent between 2017 and 2022. The e-commerce fashion industry in China is expected to grow at a CAGR of 14.1 per cent between 2017 and 2022.

In terms of product type, knitwear is classified into innerwear, T-shirts and shirts, sweaters and jackets, sweatshirts and hoodies, shorts and trousers, evening dresses, suits and leggings, and accessories. Based on material type, the market is classified into natural, synthetic, and blended. On the basis of application, the market is segmented into outerwear, innerwear, sportswear and others. Based on consumer group, the market is segmented into men, women, and children.

Technology advances are expected to influence the expansion of the global knitwear market. The global knitwear industry ecosystem analysis includes a value chain analysis of the global knitwear industry including natural, blended, and synthetic fabric suppliers, textile companies spanning knitwear fabric and knitwear manufacturers, knitwear products distributors and export channels, and various retail outlets including department stores, specialty stores, discount chains, and mass merchandise chains.