South Korea Knitting Yarn Ball Retail Market Size & Outlook
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South Korea knitting yarn ball retail market highlights
- The South Korea knitting yarn ball retail market generated a revenue of USD 41.3 million in 2024 and is expected to reach USD 62.4 million by 2033.
- The South Korea market is expected to grow at a CAGR of 4.8% from 2025 to 2033.
- In terms of segment, physical stores was the largest revenue generating channel type in 2024.
- 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 2024 | USD 41.3 million |
| Market revenue in 2033 | USD 62.4 million |
| Growth rate | 4.8% (CAGR from 2025 to 2033) |
| Largest segment | Physical stores |
| Fastest growing segment | Online Channels |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| 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, South Korea accounted for 0.7% of the global knitting yarn ball retail market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China knitting yarn ball retail market is projected to lead the regional market in terms of revenue in 2033.
- New Zealand is the fastest growing regional market in Asia Pacific and is projected to reach USD 187.2 million by 2033.
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Knitting Yarn Ball Retail Market Scope
Knitting Yarn Ball Retail Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hobbii | View profile | 11-50 | Rødovre, Hovedstaden, Denmark, Europe | https://hobbii.com/ |
| Vardhman Group | View profile | 51-100 | Jaipur, Rajasthan, India, Asia | https://vardhmangroup.org |
| Ganga Acrowools | View profile | - | Ludhiana, Punjab, India, Asia | https://gangaacrowools.com/ |
| Sullivans USA | View profile | 11-50 | Downers Grove, Illinois, United States, North America | https://www.sullivansusa.net |
| Ball Corp | View profile | 21000 | 9200 West 108th Circle, Westminster, CO, United States, 80021 | https://www.ball.com |
South Korea 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 84.99% in 2024. Horizon Databook has segmented the South Korea knitting yarn ball retail market based on physical stores, online channels covering the revenue growth of each sub-segment from 2021 to 2033.
The country has a presence of many knitting yarn shops, which offer a place for people to knit. The shops further conduct classes and workshops to teach different patterns. They also showcase seasonal accessories & clothing patterns for people visiting the shops so that they can copy the patterns as per their requirements.
These factors have influenced many people in following different patterns and knit, in turn, boosting the demand for knitting yarn balls in the country. There are several cafés as well that sell knitting goods, such as Banul Knitting Café situated in Seoul, South Korea.
This café sells products required for hand knitting, such as needles and yarn balls. It offers yarn in various shapes and colors, which is expected to attract people. People share their techniques & ideas in the café and the cafe further attracts young people.
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Our clientele includes a mix of knitting yarn ball retail market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea knitting yarn ball retail market , including forecasts for subscribers. This country databook contains high-level insights into South Korea knitting yarn ball retail market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea Channel Type - Knitting Yarn Ball Retail Market size, 2024 - 2033 (US$M)
South Korea Knitting Yarn Ball Retail Market Outlook Share, 2024 & 2033 (US$M)
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