Men Knitwear Market

Men knitwear market: read the latest information provided by an Ai-driven market research tool. Data cover imports, exports, production, consumption, market prices, companies, trade, and market size. Here is a breakdown by country, including Russia, China, the Middle East, the U.K., EU, Latin America, the U.S., and Africa. Market dynamics and forecast to 2030 are also featured in the snapshots.


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Men Knitwear - World's Largest Markets

RatingCountry
1United States
2Japan
3China
4Nigeria
5Brazil

In value terms, the United States led the market, alone. The second position in the ranking was occupied by Japan. It was followed by China.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States stood at -10.1%. The remaining consuming countries recorded the following average annual rates of market growth: Japan (+4.3% per year) and China (+9.9% per year).

Men Knitwear Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China5.84.32.8-30.6%
Bangladesh33.14.319.2%
India4.74.84.81.3%
Pakistan4.34.157.7%
Turkey4.64.85.26.3%
Indonesia5.266.17.9%
Cambodia12109.7-8.5%
Vietnam5.85.61242.6%
Belgium192015-11.4%
Average6.35.54.9-11.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Belgium ($15 per unit), while China ($2.8 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Germany1212145.7%
Netherlands9.7111210.3%
France108.9128.1%
Japan8.79.29.75.8%
United Kingdom7.688.66.4%
South Korea98.18.4-3.3%
Italy7.688.23.8%
United Arab Emirates114.47.9-13.7%
Canada137.67.6-24.1%
Spain6.76.76.91.9%
United States4.95.35.77.8%
Russia665.6-3.5%
Poland4.84.44.3-5.1%
Average6.66.373.0%

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($14 per unit), while Poland ($4.3 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Men Knitwear - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States33.22.6-8.0%
United Kingdom0.80.80.80.1%
Japan0.70.70.7-4.1%
Germany0.60.60.65.7%
Italy0.50.50.4-3.5%

In value terms, the United States ($2.6B) constitutes the largest market for imported men's or boys' clothing (knitted or crocheted) worldwide, comprising 21% of global imports. The second position in the ranking was occupied by the UK ($762M), with a 6.4% share of global imports. It was followed by Japan, with a 5.6% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States amounted to -8.0%. In the other countries, the average annual rates were as follows: the UK (+0.1% per year) and Japan (-4.1% per year).

Men Knitwear - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China6.85.34.9-15.1%
Vietnam1.21.31.36.5%
Bangladesh0.80.90.83.1%
Belgium0.30.30.766.1%
Pakistan0.60.60.6-3.2%

In value terms, China ($4.9B) remains the largest men knitwear supplier worldwide, comprising 34% of global exports. The second position in the ranking was occupied by Vietnam ($1.3B), with a 9.1% share of global exports. It was followed by Bangladesh, with a 5.8% share.

In China, men knitwear exports plunged by an average annual rate of -15.1% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+6.5% per year) and Bangladesh (+3.1% per year).

Men Knitwear - Market Forecast

Driven by rising demand for men knitwear worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Men Knitwear - Top Companies

THE WORKWEAR GROUP PTY LTD, Shenzhen Xingfuli Apparel & Accessories Co.,Ltd., V.F. Corporation, Pvh Corp., Ralph Lauren Corporation, Hefei Changhua Apparels Co.,Ltd., Under Armour, Inc., PUMA SE, Levi Strauss & Co., Vf Jeanswear Limited Partnership, HUGO BOSS AG, Hot Topic, Inc., HLA CORP., Ltd, Shenzhou International Group Holdings Limited, ANTA Sports Products Limited, Columbia Sportswear Company, Guess , Inc., Vf Sagebrush Enterprises, LLC, Williamson-Dickie Manufacturing Company, LLC, Carhartt, Inc.

Men Knitwear - Product Coverage

  • HS 6101 - Coats; men's or boys' overcoats, car-coats, capes, cloaks, anoraks, ski-jackets, wind-cheaters, wind-jackets and similar articles; knitted or crocheted, other than those of heading no. 6103
  • HS 6103 - Suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches, shorts (not swimwear); men's or boys', knitted or crocheted
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World - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global men knitwear market.

Middle East - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in the Middle East.

Northern America - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in Northern America.

Eastern Asia - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in Eastern Asia.

Southern Asia - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in Southern Asia.

Central Asia - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in Central Asia.

Australia and Oceania - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in Australia and Oceania.

Latin America and the Caribbean - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in Latin America and the Caribbean.

South-Eastern Asia - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in South-Eastern Asia.

Africa - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the men knitwear market in Africa.

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