Market Overview:
The global Worsted Yarn market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for woolen garments and blankets across the globe. Additionally, rising awareness about the benefits of using woolen yarns is also propelling the growth of this market. Based on type, Merino Wool held a major share of the global Worsted Yarn market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its superior properties such as softness, breathability, and insulation capacity. Cashmere Wool is another key type segment that is expected witness high growth during the forecast period owing to its luxurious feel and warmth-providing properties. On basis application, Apparel accounted for majority share in 2017 and it is projected grow at a CAGR 6% over next 10 years .This can be attributed growing trend among people towards wearing comfortable clothing made up natural fibers such as woolen yarns instead synthetic fabrics which often lead skin irritation problems .
Product Definition:
Worsted yarn is a type of yarn that is made from wool. It is a strong and durable yarn that can be used for knitting or weaving.
Merino Wool:
Merino wool is a type of natural fiber, which is obtained from the fleece of the Merino sheep. It has several beneficial properties such as high moisture retention, excellent thermal insulation and resistance to bacterial growth. These fibers are long, thin and silky with a soft texture and they have an average length of about 18-22 microns.
Cashmere Wool:
Cashmere wool is the hair of Cashmere goat. It is finer, lighter and stronger than other sheep’s wool. The longer the hair,the softer it gets.It has more hollow spaces in between its fibers which allows air to flow through making it lightweight and very warm.It also has a shorter staple length which makes knitting easy by minimizing breakage due to stitches & needles as well as keeping the garment from stretching out of shape during use.
Application Insights:
Apparel was the dominant application segment and accounted for over 60.0% of the total revenue share in 2017. Apparel is one of the most important applications as it can be worn anywhere, any time, by anyone. It is a basic necessity and hence highly preferred among many people around the world including women, children and men who are unemployed or underemployed.
The demand for knitted garments has been growing at an exponential rate due to their versatility in terms of design options coupled with high functionality along with low cost compared to other fabrics such as cashmere wool or others used in apparel industry globally which further drives product demand worldwide especially from countries like China where yarn manufacturing capacity is abundant due to low labor cost there which eventually benefits overall market growth globally over next few years.
Regional Analysis:
The industry in Europe is expected to witness moderate growth over the forecast period owing to the presence of a large number of manufacturers. The region accounted for more than 35% market share in terms of revenue and volume in 2017. Rising demand for luxury apparel coupled with increasing production facilities is anticipated to drive the market growth over the forecast period.
Asia Pacific was estimated as the largest regional segment by revenue and is likely to continue its dominance registering a CAGR exceeding 5% from 2018 to 2030 due high product availability at low prices, along with increased spending power among consumers. Increasing investments by international companies such as Pernambuco Energia e Saneamento, Belden Inc.
Growth Factors:
- Increasing demand from the apparel industry for high-quality, fine yarns
- Growing popularity of knitting and crochet as leisure activities
- Rising demand for luxury textiles and home furnishings
- Innovation in yarn production techniques and materials
- Expansion of global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Worsted Yarn Market Research Report
By Type
Merino Wool, Cashmere Wool, Peruvian Highland Wool, Teeswater Wools, Shetland Wools, Others
By Application
Apparel, Blanket, Others
By Companies
Red Heart, Lion Brand, Yarnspirations, Premier, Darn Good Yarn, Sullivans USA, Lorna’s Laces, Brown Sheep Co, Ancient Arts, Patons, Cascade, Debbie Bliss, Hengyuanxiang Group, Sanli, QIfa Merino Woolen Yarn, Malabrigo, Ravely
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Worsted Yarn Market Report Segments:
The global Worsted Yarn market is segmented on the basis of:
Types
Merino Wool, Cashmere Wool, Peruvian Highland Wool, Teeswater Wools, Shetland Wools, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Apparel, Blanket, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Red Heart
- Lion Brand
- Yarnspirations
- Premier
- Darn Good Yarn
- Sullivans USA
- Lorna’s Laces
- Brown Sheep Co
- Ancient Arts
- Patons
- Cascade
- Debbie Bliss
- Hengyuanxiang Group
- Sanli
- QIfa Merino Woolen Yarn
- Malabrigo
- Ravely
Highlights of The Worsted Yarn Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Merino Wool
- Cashmere Wool
- Peruvian Highland Wool
- Teeswater Wools
- Shetland Wools
- Others
- By Application:
- Apparel
- Blanket
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Worsted Yarn Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Worsted yarn is a type of yarn made from two different types of fibers, usually wool and cotton. The wool gives the yarn its strength and warmth, while the cotton makes it smooth, soft, and easy to work with.
Some of the key players operating in the worsted yarn market are Red Heart, Lion Brand, Yarnspirations, Premier, Darn Good Yarn, Sullivans USA, Lorna¢â‚¬â„¢s Laces, Brown Sheep Co, Ancient Arts, Patons, Cascade, Debbie Bliss, Hengyuanxiang Group, Sanli, QIfa Merino Woolen Yarn, Malabrigo, Ravely.
The worsted yarn market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Worsted Yarn Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Worsted Yarn Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Worsted Yarn Market - Supply Chain
4.5. Global Worsted Yarn Market Forecast
4.5.1. Worsted Yarn Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Worsted Yarn Market Size (000 Units) and Y-o-Y Growth
4.5.3. Worsted Yarn Market Absolute $ Opportunity
5. Global Worsted Yarn Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Worsted Yarn Market Size and Volume Forecast by Type
5.3.1. Merino Wool
5.3.2. Cashmere Wool
5.3.3. Peruvian Highland Wool
5.3.4. Teeswater Wools
5.3.5. Shetland Wools
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Worsted Yarn Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Worsted Yarn Market Size and Volume Forecast by Application
6.3.1. Apparel
6.3.2. Blanket
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Worsted Yarn Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Worsted Yarn Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Worsted Yarn Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Worsted Yarn Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Worsted Yarn Demand Share Forecast, 2019-2026
9. North America Worsted Yarn Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Worsted Yarn Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Worsted Yarn Market Size and Volume Forecast by Application
9.4.1. Apparel
9.4.2. Blanket
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Worsted Yarn Market Size and Volume Forecast by Type
9.7.1. Merino Wool
9.7.2. Cashmere Wool
9.7.3. Peruvian Highland Wool
9.7.4. Teeswater Wools
9.7.5. Shetland Wools
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Worsted Yarn Demand Share Forecast, 2019-2026
10. Latin America Worsted Yarn Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Worsted Yarn Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Worsted Yarn Market Size and Volume Forecast by Application
10.4.1. Apparel
10.4.2. Blanket
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Worsted Yarn Market Size and Volume Forecast by Type
10.7.1. Merino Wool
10.7.2. Cashmere Wool
10.7.3. Peruvian Highland Wool
10.7.4. Teeswater Wools
10.7.5. Shetland Wools
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Worsted Yarn Demand Share Forecast, 2019-2026
11. Europe Worsted Yarn Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Worsted Yarn Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Worsted Yarn Market Size and Volume Forecast by Application
11.4.1. Apparel
11.4.2. Blanket
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Worsted Yarn Market Size and Volume Forecast by Type
11.7.1. Merino Wool
11.7.2. Cashmere Wool
11.7.3. Peruvian Highland Wool
11.7.4. Teeswater Wools
11.7.5. Shetland Wools
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Prjections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Worsted Yarn Demand Share, 2019-2026
12. Asia Pacific Worsted Yarn Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Worsted Yarn Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Worsted Yarn Market Size and Volume Forecast by Application
12.4.1. Apparel
12.4.2. Blanket
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Worsted Yarn Market Size and Volume Forecast by Type
12.7.1. Merino Wool
12.7.2. Cashmere Wool
12.7.3. Peruvian Highland Wool
12.7.4. Teeswater Wools
12.7.5. Shetland Wools
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Worsted Yarn Demand Share, 2019-2026
13. Middle East & Africa Worsted Yarn Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Worsted Yarn Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Worsted Yarn Market Size and Volume Forecast by Application
13.4.1. Apparel
13.4.2. Blanket
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Worsted Yarn Market Size and Volume Forecast by Type
13.7.1. Merino Wool
13.7.2. Cashmere Wool
13.7.3. Peruvian Highland Wool
13.7.4. Teeswater Wools
13.7.5. Shetland Wools
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Worsted Yarn Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Worsted Yarn Market: Market Share Analysis
14.2. Worsted Yarn Distributors and Customers
14.3. Worsted Yarn Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Red Heart
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lion Brand
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yarnspirations
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Premier
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Darn Good Yarn
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sullivans USA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lornas Laces
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Brown Sheep Co
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ancient Arts
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Patons
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cascade
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Debbie Bliss
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hengyuanxiang Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sanli
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. QIfa Merino Woolen Yarn
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Malabrigo
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ravely
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
