The Future Industry Status quo of circular Knitting Machines and MAO Dun

The current situation and existence of the knitting large round machine industry

1： For many years, the field of large circular knitting machine manufacturing in Quanzhou, Fujian and Xiamen, Fujian has been mixed. During a period of good overall situation in the knitting industry, such as from 2005 to 2006, many large circular knitting machine manufacturers that relied on assembly emerged like mushrooms after rain. Due to the sharp increase in the number of foreign trade orders for weft knitted goods at that time, these large circular knitting machines with different qualities and prices to some extent met the rigid demand of the market
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2： Since the reform and development, due to unfavorable factors such as the financial crisis, increased labor costs, and the appreciation of the Chinese yuan, the demand for large circular knitting machines in the market has weakened. Especially in 2011, the government tightened credit by raising interest rates and increasing the reserve requirement ratio for RMB deposits, which further tightened the capital chain of large circular knitting machine enterprises and reduced their willingness to purchase equipment, leading to overcapacity in the market.

3： In terms of the latest product development, due to certain deficiencies in domestic intellectual property protection, the cost of protecting rights for enterprises is too high, which reduces their enthusiasm for researching and innovating the latest products. Many knitting circular knitting machine companies are unwilling to conduct research and innovation due to fear of being copied by other manufacturers, while also closely monitoring other companies and hoping to apply their new technologies to their own products. This situation greatly limits the development of the industry


4： In this situation, the reintegration of the knitting circular machine market is inevitable. Some manufacturers that rely on assembly production will be automatically eliminated by the market, while some technologically innovative knitting large circular machine machinery factories and some high-quality enterprises will be acquired by other capital strong enterprises. It is believed that there will be a new round of reshuffle in the future domestic large circular machine market