New Zealand Knitting Yarn Ball Retail Market Size & Outlook
New Zealand knitting yarn ball retail market, 2018-2030 (US$M)
Related Markets
New Zealand knitting yarn ball retail market highlights
- The New Zealand knitting yarn ball retail market generated a revenue of USD 89.5 million in 2022 and is expected to reach USD 146.2 million by 2030.
- The New Zealand market is expected to grow at a CAGR of 6.3% 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 89.5 million |
| Market revenue in 2030 | USD 146.2 million |
| Growth rate | 6.3% (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, New Zealand accounted for 1.6% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Knitting Yarn Ball Retail Market Scope
Knitting Yarn Ball Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
New Zealand 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 79.55% in 2022. Horizon Databook has segmented the New Zealand knitting yarn ball retail market based on physical stores, online channels covering the revenue growth of each sub-segment from 2018 to 2030.
According to Interweave, a company involved in the business of art and craft media, New Zealand has the first position in the list of top five countries in the world wherein knitting is carried out by a major portion of their population. Both women and working men in New Zealand knit. This, in turn, increases the demand for knitting yarn balls in the country.
As the temperature in New Zealand can reach -10 degrees in the winter season, it further increases the demand for woolen wear in the country. This leads to surged knitting activity in New Zealand, thereby fueling the demand for knitting yarn balls in the country.
Additionally, New Zealand has various organizations and leaders who are involved in knitting for charity. These groups knit socks, bonnets, blankets, scarves, and gloves for poor children, thereby contributing to the growth of knitting yarn balls retail market in the country.
Reasons to subscribe to New Zealand knitting yarn ball retail market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of New Zealand knitting yarn ball retail market databook
-
Our clientele includes a mix of knitting yarn ball retail market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the New Zealand knitting yarn ball retail market , including forecasts for subscribers. This country databook contains high-level insights into New Zealand knitting yarn ball retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
New Zealand knitting yarn ball retail market size, by channel type, 2018-2030 (US$M)
New Zealand Knitting Yarn Ball Retail Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
