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China largest investor for flat knitting machines driven by increased demand

Related Keywords: China, driven by increased demand, ITMF, largest investor for flat knitting machines, long staple spindles and open end rotors decreased, shipment grew by huge fifty two percent, shipments for new large diameter circular knitting machines dipped, textile machinery manufacturers

China remained the world’s largest investor for flat knitting machines throughout the year 2015 driven by increased demand. The shipment of electronic flat knitting machines grew by a huge 52 percent to 35,000 units from 19,000 units in 2014.

However, the latest statistics from the International Textile Machinery Shipment Statistics (ITMSS) just released by the International Textile Manufacturers Federation (ITMF) also showed that shipments for new large diameter circular knitting machines dipped by 6% year-on-year to 26,700 units in 2015.

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