The global fleece knitting yarn market is anticipated to grow at a CAGR of 7.5% during the forecast period (2022-2028). It is the knitting yarn that is produced from wools, as well as acrylic sometimes. The major factor expected to drive the market growth is the growing trend of fine wool-based clothing. In addition, the higher demand for fleece knitting yarn in the apparel industry has attributed to the strong demand for winter clothing, outdoor clothing, active wear, and at leisure garments which is also fueling the growth of the global fleece knitting yarn market during the forecast period.
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Furthermore, the increasing use of fleece knitting yarn in apparel, blanket, and other industries and the reduction of petroleum-based fibers have opened up opportunities for wool that is expected to propel the growth of the market during the forecast period. Some major players in the market include Hengyuanxiang Group Co., Ltd., Karbel Group, and Erdos Group, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Weight
- By Material
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Hengyuanxiang Group Co., Ltd., Karbel Group, and Erdos Group, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Fleece Knitting Yarn Market Report by Segment
By Type
- Coarse Wools
- Medium Wools
- Fine Wools
By Weight
- 120 GSM
- 150 GSM
- 180 GSM
- 200 GSM
- 220 GSM
- 260 GSM
- 280 GSM
- 300 GSM
- 320 GSM
By Material
- 100% Cotton
- 60%Cotton/40%Polyester
- 80%Cotton/20%Polyester
- 100%Poly Slub
By Application
- Blanket
- Outerwear
- Sweatshirt
- Track Suit
- Sportswear
- Coats
- Scarves
- Gloves
- Hoodies
- Others
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