Fleece Knitting Yarn Market

Market Insights

The global Fleece Knitting Yarn market has garnered revenue of around USD 835 million in 2020 amid a significant drop due to the outbreak of COVID 19. However, the Fleece Knitting Yarn industry is expected to post a lucrative CAGR of over 8%, backed by the strong recovery in demand and targeted to reach around USD 1,521 million in 2027.

Fleece Knitting Yarn is made from the fleece sheared from the sheep. It is processed into coarse, fine, and medium wool for making apparel, active wears blankets, household products, and athleisure garments.

Woolen Clothes are Trending

The change in weather has augmented the demand for wool-based garments, blankets, and other household products. The growing trend of fine wool-based clothing is fueling the demand for Fleece Knitting Yarn. The higher demand for Fleece Knitting Yarn in the apparel industry is attributed to the strong demand for winter clothing, outdoor clothing, activewear, and athleisure garments. The demand for blankets remains steady as climate change has caused extreme cold weather in many regions.

Moreover, medium and coarse wool demand is also growing for blankets and other household goods. However, the availability of other synthetic fabrics is one of the major challenges to the growth of this industry. Additionally, raw materials availability is another major concern for the manufacturers of Fleece Knitting Yarn.

The downturn in Demand Due to COVID 19 Pandemic

The economic downturn was clearly evident in 2020 on account of the outbreak of COVID 19 pandemics around the world. Towards the end of the first quarter of 2020, the world was on the verge of shutting down to arrest the spread of the COVID 169 virus. Most of national governments sealed their boundaries, bringing the world to a standstill. This, in turn, affected global trade, and costs declined in GDP by 2% to the economy. Consequently, there was a significant decline in per capita income, rise in unemployment, drop-in production activities, and gross consumer demand. Fleece knitting yarn was no exception to the above situation with disruption in raw material supplies, difficulties in carrying out production activities with limited resources, and no lift for end-product.

The Asia Pacific has Remained at the Center of the Fleece Knitting Yarn Industry

The Asia Pacific has remained one of the major markets for Fleece Knitting Yarn over the past few years. Even during the COVID 19 pandemic situation, the huge population has come to rescue the Asia Pacific economy with its robust demand for end-products. As a result, Asia Pacific recorded over 30% share in total revenue gathered by the global Fleece Knitting Yarn industry in 2020. Despite being the origin of COVID 19, China, and the wide spread of COVID 19, India has remained at the center of mobilizing the demand for Fleece Knitting Yarn in the region. Going forward, economies such as Vietnam, Indonesia, Malaysia, and Thailand are likely to contribute to the demand for Fleece Knitting Yarn in the region.

However, Europe and North America have also poised to play an important role in global Fleece Knitting Yarn. Slow but promising recovery in the economy and increasing speed of vaccination is bringing the lifestyle on track in these regions. This is expected to result in the growing demand for Fleece Knitting Yarn.

Fleece Knitting Yarn manufacturers are focusing on the improvement of their supply chains in order to overcome the setback offered by the pandemic in 2020. In addition, key players are focusing on increasing their geographic reach to expand their foothold in the global marketplace. In the quest to achieve growth in this highly competitive and dynamic market, the players are bidding on their production capacities. The price of the Fleece Knitting Yarn has remained another major factor where competitors are trying to win the market. Certain players have achieved pricing power in the industry through correctly targeted growth policies and their practical implementation.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary

2.1.Market Snapshot: Global Fleece Knitting Yarn Market

3.Market Dynamics

3.1.Introduction
3.1.1. Global Fleece Knitting Yarn Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Application
3.3.2.Type
3.3.3.Geography

4.Market Positioning of Key Players, 2020

4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis

5.1.Global Fleece Knitting Yarn Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America

6.1.North America Fleece Knitting Yarn Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Apparels
6.2.3.Blankets
6.2.4.Household Products
6.2.5.Others
6.3.North America Fleece Knitting Yarn Market, By Type, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.Fine Wool
6.3.3.Medium Wool
6.3.4.Coarse Wool

7.Europe

7.1.Europe Fleece Knitting Yarn Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Apparels
7.2.3.Blankets
7.2.4.House Hold Products
7.2.5.Others
7.3.Europe Fleece Knitting Yarn Market, By Type, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.Fine Wool
7.3.3.Medium Wool
7.3.4.Coarse Wool

8.Asia Pacific

8.1.Asia Pacific Fleece Knitting Yarn Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Apparels
8.2.3.Blankets
8.2.4.Household Products
8.2.5.Others
8.3.Asia Pacific Fleece Knitting Yarn Market, By Type, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.Fine Wool
8.3.3.Medium Wool
8.3.4.Coarse Wool

9.Latin America

9.1.Latin America Fleece Knitting Yarn Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Apparels
9.2.3.Blankets
9.2.4.Household Products
9.2.5.Others
9.3.Latin America Fleece Knitting Yarn Market, By Type, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.Fine Wool
9.3.3.Medium Wool
9.3.4.Coarse Wool

10.Middle East

10.1.Middle East Fleece Knitting Yarn Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Fleece Knitting Yarn Market, By Application, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Apparels
10.2.3.Blankets
10.2.4.Household Products
10.2.5.Others
10.3.Middle East Fleece Knitting Yarn Market, by Type, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.Fine Wool
10.3.3.Medium Wool
10.3.4.Coarse Wool

11.Africa

11.1.Africa Fleece Knitting Yarn Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Apparels
11.2.3.Blankets
11.2.4.Household Products
11.2.5.Others
11.3.Africa Fleece Knitting Yarn Market, By Type, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.Fine Wool
11.3.3.Medium Wool
11.3.4.Coarse Wool

12.Global

12.1.Global Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Apparels
12.1.3.Blankets
12.1.4.Household Products
12.1.5.Others
12.2.Global Fleece Knitting Yarn Market, By Application, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.Fine Wool
12.2.3.Medium Wool
12.2.4.Coarse Wool

13.Company Profiles

13.1.Artyarns
13.2.Blacker Yarns
13.3.Brown Sheep Company
13.4.Erdos Group
13.5.Hengyuanxiang
13.6.Karbel Group
13.7.Malabrigo
13.8.MEZ Crafts
13.9.Shibui Knits
13.10. Snow Lotus Group

List of Figures

FIG. 1 Global Fleece Knitting Yarn Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Fleece Knitting Yarn Market Segmentation
FIG. 4 Global Fleece Knitting Yarn Market, by Application , 2019 (US$ Bn)
FIG. 5 Global Fleece Knitting Yarn Market, by Type, 2019 (US$ Bn)
FIG. 6 Global Fleece Knitting Yarn Market, by Geography, 2019 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2019
FIG. 8 Global Market Positioning of Key Fleece Knitting Yarn Market Manufacturers, 2019
FIG. 9 Global Fleece Knitting Yarn Market Value Contribution, By Application 2019 & 2027 (Value %)
FIG. 10 Global Fleece Knitting Yarn Market, by Application 1, Value, 2015-2027 (US$ Bn)
FIG. 11 Global Fleece Knitting Yarn Market, by Application 2, Value, 2015-2027 (US$ Bn)
FIG. 12 Global Fleece Knitting Yarn Market, by Application 3, Value, 2015-2027 (US$ Bn)
FIG. 13 Global Fleece Knitting Yarn Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 14 Global Fleece Knitting Yarn Market Value Contribution, By Type, 2019 & 2027 (Value %)
FIG. 15 Global Fleece Knitting Yarn Market, by Type 1, Value, 2015-2027 (US$ Bn)
FIG. 16 Global Fleece Knitting Yarn Market, by Type 2, Value, 2015-2027 (US$ Bn)
FIG. 17 Global Fleece Knitting Yarn Market, by Type 3, Value, 2015-2027 (US$ Bn)
FIG. 18 Global Fleece Knitting Yarn Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 19 U.S. Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 20 Rest of North America Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 21 U.K. Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 22 Germany Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 23 France Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 24 Rest of Europe Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 25 Japan Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 26 China Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 27 India Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 28 Rest of Asia Pacific Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 29 Middle East & Africa Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)
FIG. 30 Latin America Fleece Knitting Yarn Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Fleece Knitting Yarn Market
TABLE 2 Global Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
TABLE 3 Global Fleece Knitting Yarn Market, by Type, 2015-2027 (US$ Bn)
TABLE 4 Global Fleece Knitting Yarn Market, by Geography, 2015-2027 (US$ Bn)
TABLE 5 North America Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
TABLE 6 North America Fleece Knitting Yarn Market, by Type, 2015-2027 (US$ Bn)
TABLE 7 North America Fleece Knitting Yarn Market, by Country, 2015-2027 (US$ Bn)
TABLE 8 Europe Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
TABLE 9 Europe Fleece Knitting Yarn Market, by Type, 2015-2027 (US$ Bn)
TABLE 10 Europe Fleece Knitting Yarn Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 11 Asia Pacific Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
TABLE 12 Asia Pacific Fleece Knitting Yarn Market, by Type, 2015-2027 (US$ Bn)
TABLE 13 Asia Pacific Fleece Knitting Yarn Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 14 Latin America Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
TABLE 15 Latin America Fleece Knitting Yarn Market, by Type, 2015-2027 (US$ Bn)
TABLE 16 Latin America Fleece Knitting Yarn Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 17 Middle East Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
TABLE 18 Middle East Fleece Knitting Yarn Market, by Type, 2015-2027 (US$ Bn)
TABLE 19 Middle East Fleece Knitting Yarn Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 20 Africa Fleece Knitting Yarn Market, by Application, 2015-2027 (US$ Bn)
TABLE 21 Africa Fleece Knitting Yarn Market, by Type, 2015-2027 (US$ Bn)
TABLE 22 Africa Fleece Knitting Yarn Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 23 Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 29 Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30 Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31 Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32 Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33 Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34 Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35 Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments