Knitting Yarn Market Size | Share Global Trends 2022-2028
The global knitting yarn market size was valued at USD x billion in 2021 and is poised to grow at a significant CAGR of x% during the forecast period 2022-28. Knitting is a process by which yarn is manipulated to produce a textile or a fabric; it is used in many forms of clothes. There are typically a number of working stitches on the knitting needle at one time. Knitted cloth consists of a variety of rows of connected loops that converge with the next and previous rows. The adoption of new trends globally and introduction of new fabrics are some of the major factors driving the global knitting yarn market.
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The global knitting yarn market segmentation:
- By Product Type: Coarse Wools, Medium Wools, Fine Wools, Others
- By Application: Apparel, Blanket, Others
North America leads the Global Knitting Yarn Market:
Based on regional analysis, global knitting yarn market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America global knitting yarn market contributed the largest share in 2021 on the perspective of the shift in consumer preference towards affordable and comfortable clothing increases the demand for high-value product. Significant features of both artificial and natural yarn thus opening up new growth opportunities. The U.S. textile and apparel industry is a nearly $70 billion sector when measured by value of industry shipments. It remains one of the most significant sectors of the manufacturing industry and ranks among the top markets in the world
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Key player’s profiles in the global knitting yarn market are: Hengyuanxiang, MEZ Crafts, Karbel Group, Erdos Group, Artyarns, Brown Sheep Company, Snow Lotus Group, Shibui Knits, Blacker Yarns, Malabrigo
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