Scandinavia Knitting Yarn Ball Retail Market Size & Outlook
Scandinavia knitting yarn ball retail market, 2018-2030 (US$M)
Related Markets
Scandinavia knitting yarn ball retail market highlights
- The Scandinavia knitting yarn ball retail market generated a revenue of USD 241.9 million in 2022 and is expected to reach USD 444.2 million by 2030.
- The Scandinavia market is expected to grow at a CAGR of 7.9% 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 241.9 million |
| Market revenue in 2030 | USD 444.2 million |
| Growth rate | 7.9% (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, Scandinavia accounted for 4.2% 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 Europe, Germany knitting yarn ball retail market is projected to lead the regional market in terms of revenue in 2030.
- Scandinavia is the fastest growing regional market in Europe and is projected to reach USD 444.2 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 |
|---|
Scandinavia 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 82.51% in 2022. Horizon Databook has segmented the Scandinavia knitting yarn ball retail market based on physical stores, online channels covering the revenue growth of each sub-segment from 2018 to 2030.
In Scandinavia, people choose homemade garments such as sweaters, shawls, and socks when the temperature reduces. For instance, in Oslo, a city in Norway that is also known as the knitting capital of the country, people can be seen knitting in buses, cafes, and trains.
Thus, the preference for homemade winter wear in Scandinavia fuels the demand for knitting yarn balls in this geography. Knitting is a part of the regular life of the people in Scandinavia that is not limited to the old generation only.
In addition, social media has further influenced young people to involve themselves in art and craft to showcase their skills online to attract a large audience. This has further popularized knitting, which is expected to positively influence the demand for knitting yarn balls in the countries of Scandinavia in the coming years.
Reasons to subscribe to Scandinavia 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 Scandinavia 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 Scandinavia knitting yarn ball retail market , including forecasts for subscribers. This country databook contains high-level insights into Scandinavia knitting yarn ball retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Scandinavia knitting yarn ball retail market size, by channel type, 2018-2030 (US$M)
Scandinavia 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
