Knit Fabric Market Overview in the USA
In value terms, knit fabric production amounted to $••• in 2017. In general, knit fabric production continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2014 when production volume increased by •••% against the previous year. In that year, knit fabric production attained its peak level of $•••. From 2015 to 2017, knit fabric production growth remained at a somewhat lower figure.
The revenue of the knit fabric market in the U.S. amounted to $••• in 2017, waning by -•••% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +•••% from 2013 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the market value increased by •••% against the previous year. In that year, the knit fabric market reached its peak level of $•••. From 2015 to 2017, the growth of the knit fabric market failed to regain its momentum.