Europe Knitting Yarn Ball Retail Market Size & Outlook
Europe knitting yarn ball retail market, 2018-2030 (US$M)
Related Markets
Europe knitting yarn ball retail market highlights
- The Europe knitting yarn ball retail market generated a revenue of USD 2,182.7 million in 2022.
- The market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, physical stores was the largest revenue generating channel type in 2022.
- Online Channels is the most lucrative channel type segment registering the fastest growth during the forecast period.
- Country-wise, Scandinavia is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 2,182.7 million |
| Market revenue in 2030 | USD 3,321.2 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Physical stores |
| Fastest growing segment | Online Channels |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Physical Stores, Online Channels |
| Key market players worldwide | Sullivans USA, Ganga Acrowools, Vardhman Group, Hobbii, Ball Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 38.2% of the global knitting yarn ball retail market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 461.1 million by 2030.
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Knitting Yarn Ball Retail Market Scope
Knitting Yarn Ball Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe knitting yarn ball retail market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to knitting yarn ball retail market will help companies and investors design strategic landscapes.
Physical stores was the largest segment with a revenue share of 81.11% in 2022. Horizon Databook has segmented the Europe knitting yarn ball retail market based on physical stores, online channels covering the revenue growth of each sub-segment from 2018 to 2030.
The region is filled with the countries having presence of rich knitting culture owing to which, major population is involved in knitting. Additionally, the low temperature faced by many countries in Europe has also increased the demand for woolen wears, thus, positively impacting the demand for knitting yarn balls in the region.
Several fests related to knitting also takes place in the region. Furthermore, owing to the rising interest of younger population in knitting has resulted in establishment of cafes which provide the environment in which people can knit in groups and can share their methods and patterns.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe knitting yarn ball retail market , including forecasts for subscribers. This continent databook contains high-level insights into Europe knitting yarn ball retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe knitting yarn ball retail market size, by country, 2018-2030 (US$M)
Europe Knitting Yarn Ball Retail Market Outlook Share, 2022 & 2030 (US$M)
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