In 2023, Japan imported flat knitting machines and stitch-bonding machines totaling approximately 202.1 thousand kilograms. The 2024 forecast shows a slight increase, indicating a stable growth trajectory, with values expected to gradually rise from 202.55 thousand kilograms in 2024 to 204.8 thousand kilograms by 2028. The year-on-year growth rate remains modest, reflecting a consistent demand with minor annual increments. Over the five-year period, the compound annual growth rate (CAGR) is predicted to be minimal, underscoring steady, albeit slow expansion.
Future trends to watch include technological advancements in textile machinery that may drive increased imports, alongside shifts in Japan’s textile and garment industry demand. Sustainability and innovations in fabric production could also influence market dynamics significantly, potentially altering import volumes and growth rates.
