U.S. Knitting Yarn Ball Retail Market Size & Outlook
U.S. knitting yarn ball retail market, 2018-2030 (US$M)
Related Markets
U.S. knitting yarn ball retail market highlights
- The U.S. knitting yarn ball retail market generated a revenue of USD 1,257.2 million in 2022 and is expected to reach USD 1,723.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 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.
Knitting yarn ball retail market data book summary
| Market revenue in 2022 | USD 1,257.2 million |
| Market revenue in 2030 | USD 1,723.2 million |
| Growth rate | 4% (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, U.S. accounted for 22.0% 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 North America, U.S. knitting yarn ball retail market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 649.0 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 |
|---|
U.S. 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 79.53% in 2022. Horizon Databook has segmented the U.S. knitting yarn ball retail market based on physical stores, online channels covering the revenue growth of each sub-segment from 2018 to 2030.
The consumption of winter wear such as sweaters, gloves, scarves, and socks is very high in the U.S. owing to extreme winter conditions in the country. According to the Craft Yarn Council, approximately 38 million people of U.S. knit yarn for creating blankets and clothes such as sweaters and cardigans.
This leads to increased demand for yarn balls to knit comfortable and soft winter wear in the country. In the U.S., knitting for charity purposes is also a prevailing trend. According to the Craft Yarn Council, various knitted items such as hats, scarves, and baby blankets are mostly made for charity purposes in the country.
Additionally, the U.S. has various organizations and groups that provide an opportunity to general public to knit blankets, clothes, etc. for a particular cause. For instance, Knots of Love and Project Linus are organizations wherein volunteers knit different winter wear for charity purposes.
Reasons to subscribe to U.S. 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 U.S. 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 U.S. knitting yarn ball retail market , including forecasts for subscribers. This country databook contains high-level insights into U.S. knitting yarn ball retail market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. knitting yarn ball retail market size, by channel type, 2018-2030 (US$M)
U.S. 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
