Japan Knitting Yarn Ball Retail Market Size & Outlook
Japan knitting yarn ball retail market, 2018-2030 (US$M)
Related Markets
Japan knitting yarn ball retail market highlights
- The Japan knitting yarn ball retail market generated a revenue of USD 114.2 million in 2022 and is expected to reach USD 158.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 4.2% 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.
Knitting yarn ball retail market data book summary
| Market revenue in 2022 | USD 114.2 million |
| Market revenue in 2030 | USD 158.9 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Physical stores |
| Fastest growing segment | Online Channels |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Japan accounted for 2.0% of the global knitting yarn ball retail market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China knitting yarn ball retail market is projected to lead the regional market in terms of revenue in 2030.
- New Zealand is the fastest growing regional market in Asia Pacific and is projected to reach USD 146.2 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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Japan 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 82.49% in 2022. Horizon Databook has segmented the Japan knitting yarn ball retail market based on physical stores, online channels covering the revenue growth of each sub-segment from 2018 to 2030.
In Japan, knitted socks, undershirts, and gloves are highly used, which is anticipated to boost the demand for knitting yarn balls in the country. The Japanese knitting patterns are very different, for which several workshops are arranged, and the country has witnessed high participation in such classes.
The Japanese knitting books are also famous as they explain every step for knitting the patterns in diagram format, which attracts more people, especially the younger generation, to knit different patterns for themselves. These factors are expected to drive the participation of people in knitting, thereby, boosting the product demand in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan knitting yarn ball retail market , including forecasts for subscribers. This country databook contains high-level insights into Japan knitting yarn ball retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan knitting yarn ball retail market size, by channel type, 2018-2030 (US$M)
Japan Knitting Yarn Ball Retail Market Outlook Share, 2022 & 2030 (US$M)
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