Cambodia Knitted Fabric Market (2024-2030) | Industry, Trends, Share, Outlook, Value, Revenue, Size, Analysis, Growth, Companies & Forecast

Cambodia Knitted Fabric Market Highlights

Report Name	Cambodia Knitted Fabric Market
Forecast Period	2024-2030
Market Size	USD 1.4Billion –  USD 2.0Billion
CAGR	6.7%
Growing Sector	Apparel

Topics Covered in the Cambodia Knitted Fabric Market Report

The Cambodia Knitted Fabric market report thoroughly covers the market by construction type and by fabrics type. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Cambodia Knitted Fabric Market Size & Analysis

In 2024, the Cambodia Knitted Fabric market is valued at approximately $ 1.4billion, with a projected compound annual growth rate (CAGR) of 6.7% over the next five years. Additionally, by 2030, the market is expected to reach around $ 2.0billion. The apparel sector holds significant position in the overall market.

Cambodia Knitted Fabric Market Synopsis

The Cambodia knitted fabric market is emerging as a growing sector within the country’s expanding textile industry, driven by its low-cost manufacturing capabilities and proximity to key global textile hubs such as China and Vietnam. Cambodia’s textile and garment sector, which is largely export-oriented, benefits from the Everything but Arms (EBA) initiative by the European Union, granting duty-free access to European markets. The market is characterized by increasing demand for knitted fabrics in clothing items such as t-shirts, activewear, and sportswear, with a growing trend towards sustainable fabrics and eco-friendly production. Additionally, the market benefits from rising foreign investments, particularly in garment manufacturing, as Cambodia aims to improve its technological capabilities and competitiveness in the global textile market. While labor cost advantages continue to attract investors, challenges related to skill development and environmental regulations remain key areas for future focus.

According to 6Wresearch, Cambodia Knitted Fabric market size is projected to grow at a CAGR of 6.7% during 2024-2030. The growth of the Cambodia knitted fabric market is driven by several factors, including the country’s competitive labor costs, favorable trade agreements like the Everything but Arms (EBA) initiative that allows duty-free access to the European Union, and its strategic location near key textile production hubs in China and Vietnam. Cambodia’s expanding garment and textile industry, which is a major contributor to the country’s GDP, also bolsters the demand for knitted fabrics, especially for casual wear, activewear, and sportswear. The increasing focus on sustainability has further spurred demand for eco-friendly fabrics, as global consumers and brands lean towards environmentally responsible materials. However, the Cambodia Knitted Fabric industry faces challenges such as skill shortages and limited technological advancements in domestic textile manufacturing, which can hinder the production of high-quality, innovative fabrics. Additionally, stricter environmental regulations, including waste management and water usage controls, require substantial investments in cleaner technologies. The market also contends with intense competition from neighboring countries, especially Vietnam and Bangladesh, which are well-established in the global textile market and offer lower production costs.

Cambodia Knitted Fabric Market Trends

Sustainability Focus - Growing demand for eco-friendly fabrics, including organic and recycled fibers, driven by consumer preferences for sustainable and ethically produced textiles.

Technological Advancements - Increasing adoption of digital printing, automated knitting machines, and smart textile technologies to enhance fabric quality, production efficiency, and customization.

Rise of Activewear and Sportswear - Strong demand for knitted fabrics in the activewear and sportswear segments, driven by the growing interest in fitness and lifestyle apparel.

E-commerce Growth - The expansion of online shopping platforms is fueling demand for trendy and affordable knitted fabrics, particularly in domestic and export markets.

Customization and Personalization - Rising consumer interest in personalized and custom-made apparel, prompting manufacturers to offer more tailored knitted fabric designs.

Investment Opportunities in the Cambodia Knitted Fabric Market

Sustainable Fabric Production - Investment in eco-friendly and sustainable fabric technologies, such as organic cotton, recycled fibers, and biodegradable materials, to meet growing consumer demand for environmentally responsible textiles.

Technological Innovation - Funding for the adoption of advanced knitting machines, digital printing, and automation technologies to improve production efficiency, reduce costs, and enhance fabric customization capabilities.

Activewear and Sportswear - Expanding production of high-performance knitted fabrics for the rapidly growing activewear and sportswear market, focusing on moisture-wicking, stretch, and durability features.

Smart Textiles Development - Investment opportunities in smart textiles that integrate sensors and other technologies for applications in healthcare, wearable devices, and industrial use.

Key Players in the Cambodia Knitted Fabric Market

Key companies in Cambodia's knitted fabric market include Cambodia Knitting Co., Ltd., a leading manufacturer of high-quality knitted fabrics for export to global markets, particularly in the apparel sector. Vattanac Textile Co., Ltd. is another prominent player, known for its extensive production capabilities in knitted fabrics and garments, which are sold to major international brands. Grand Unity Textile Co., Ltd. specializes in innovative knitted fabrics for activewear and sportswear, catering to the growing demand for performance textiles. Bright Textile Co., Ltd. is recognized for its focus on sustainable and eco-friendly production processes, aligning with global trends toward environmentally responsible textiles. Additionally, some of these players hold majority of the Cambodia Knitted Fabric market share. Moreover, Koh Kong Textile Co., Ltd. and Phoenix Knitting Co., Ltd. are significant contributors to the market, offering a wide range of knitted fabric products for the fashion and industrial sectors, with a focus on both domestic and export growth. These companies are vital players in positioning Cambodia as a competitive textile manufacturing hub in Southeast Asia.

Government Regulationsin the Cambodia Knitted Fabric Market

Government regulations in Cambodia's knitted fabric market are shaped by policies aimed at fostering growth while ensuring sustainability and fair labor practices. The Labor Law of Cambodia mandates fair wages, safe working conditions, and the protection of workers' rights in the textile sector, which is vital in the country’s garment industry. The government also enforces environmental regulations that require textile manufacturers to adhere to cleaner production practices, reducing pollution, waste, and water usage, particularly in dyeing and finishing processes. To promote sustainable practices, Cambodia encourages the use of eco-friendly materials and technologies, aligning with international environmental standards. Additionally, Cambodia benefits from the Everything but Arms (EBA) initiative, which grants duty-free access to European markets, boosting exports of knitted fabrics. Further, these initiatives have further boosted the Cambodia Knitted Fabric market revenues. Furthermore, these regulations, while promoting the growth of the industry, also encourage investments in cleaner technologies and compliance with global standards, making the sector more competitive on the international stage.

Future Insights of the Cambodia Knitted Fabric Market

The

Weft-Knitted Fabrics Categoryto Dominate the Market - By Construction Type

According to Ravi Bhandari, Research Head, 6Wresearch,the

Interlock Type to Dominate the Market – By Fabrics Type

The

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year  2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Cambodia Knitted Fabric Market Overview
• Cambodia Knitted Fabric Market Outlook
• Market Size of Cambodia Knitted Fabric Market, 2023
• Forecast of Cambodia Knitted Fabric Market, 2030
• Historical Data and Forecast of Cambodia Knitted Fabric Revenues & Volume for the Period 2020-2030
• Cambodia Knitted Fabric Market Trend Evolution
• Cambodia Knitted Fabric Market Drivers and Challenges
• Cambodia Knitted FabricMarket - Price Trends
• Cambodia Knitted FabricMarket - Porter's Five Forces
• Cambodia Knitted Fabric Industry Life Cycle
• Historical Data and Forecast of Cambodia Knitted Fabric Market Revenues & Volume, By Construction Type for the Period 2020-2030
• Historical Data and Forecast of Cambodia Knitted Fabric Market Revenues & Volume, By Weft for the Period 2020-2030
• Historical Data and Forecast of Cambodia Knitted Fabric Market Revenues & Volume, By Wrap for the Period 2020-2030
• Historical Data and Forecast of Cambodia Knitted Fabric Market Revenues & Volume, By Fabrics Type for the Period 2020-2030
• Historical Data and Forecast of Cambodia Knitted Fabric Market Revenues & Volume, By Flat/Jersey for the Period 2020-2030
• Historical Data and Forecast of Cambodia Knitted Fabric Market Revenues & Volume, By Purl for the Period 2020-2030
• Historical Data and Forecast of Cambodia Knitted Fabric Market Revenues & Volume, By Rib Stitch for the Period 2020-2030
• Historical Data and Forecast of Cambodia Knitted Fabric Market Revenues & Volume, By Interlock for the Period 2020-2030
• Cambodia Knitted FabricMarket - Import Export Trade Statistics
• Market Opportunity Assessment, By ConstructionType
• Market Opportunity Assessment, By Fabrics Type
• Cambodia Knitted FabricMarket - Top Companies Market Share
• Cambodia Knitted FabricMarket - Competitive Benchmarking, By Technical and Operational Parameters
• Cambodia Knitted FabricMarket - Company Profiles
• Cambodia Knitted FabricMarket - Key Strategic Recommendations

Markets Covered

The Cambodia Knitted Fabric market report provides a detailed analysis of the following market segments 

By Construction Type

• Weft
• Wrap

By Fabrics Type

• Flat/Jersey
• Purl
• Rib Stitch
• Interlock