U.S. Knitting Yarn Ball Retail Market Size & Outlook
The knitting yarn ball retail market in the United States is expected to reach a projected revenue of US$ 1,969.7 million by 2033. A compound annual growth rate of 4.3% is expected of the United States knitting yarn ball retail market from 2025 to 2033.
The U.S. knitting yarn ball retail market generated a revenue of USD 1,352.6 million in 2024 and is expected to reach USD 1,969.7 million by 2033.
The U.S. market is expected to grow at a CAGR of 4.3% 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 1,352.6 million
Market revenue in 2033
USD 1,969.7 million
Growth rate
4.3% (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, U.S. accounted for 21.7% 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 North America, U.S. knitting yarn ball retail market is projected to lead the regional market in terms of revenue in 2033.
Canada is the fastest growing regional market in North America and is projected to reach USD 748.6 million by 2033.
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.
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 Outlook will help companies and investors design strategic landscapes.
Physical Stores was the largest segment with a revenue share of 81.88% in 2024.
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 2021 to 2033.
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.
U.S. Knitting Yarn Ball Retail Market Channel Type Outlook (Revenue, USD Million , 2021-2033)
Physical Stores
Online Channels
U.S. Knitting Yarn Ball Retail Market Material Outlook (Revenue, USD Million , 2021-2033)
Cotton
Silk
Others
Wool
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. Knitting Yarn Ball Retail Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Knitting Yarn Ball Retail Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
U.S. Knitting Yarn Ball Retail Market, 2021-2033 (US$M)