Global Fleece Knitting Yarn Market Overview:
Fleece is a flocked polyester yarn in a bulky weight.The technical barriers of Fleece Knitting Yarn are low, and the Fleece Knitting Yarn manufacturing bases concentration degree is relatively higher. The main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Fleece Knitting Yarn raw material price will be stable in the short term. The companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
As per latest study released by AMA Research, the Global Fleece Knitting Yarn market is expected to see growth rate of 7.68%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Growth of the Fashion and Clothing Industry
Market Growth Drivers:
Improved Demand for Across Apparel, Home Textile, and Other Purposes and Innovations in Production Process and End Use Industries
Challenges:
High Inventory Holding Costs
Restraints:
Stringent Rules and Regulations and Volatility in Raw Material Prices and Its Availability
Opportunities:
Growing Demand for Organic-Based Yarns and Development of New Varieties and Blends
Competitive Landscape:
Key players are adopting numerous strategy to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnership to adopt certain technologies and acquiring small players to finish competition in the future. As well as investing money in R&D sector to make technical up-gradations in the manufacturing process of the product.
Some of the key players profiled in the report are Hengyuanxiang (China), MEZ Crafts (United Kingdom), Karbel Group (Turkey), Erdos Group (China), Artyarns (United States), Brown Sheep Company (United States), Snow Lotus Group (United States), Shibui Knits (United States), Blacker Yarns (United Kingdom) and Malabrigo (United States). Analyst at AMA Research see Japan Vendors to retain maximum share of Global Fleece Knitting Yarn market by 2030.
Latest Market Insights:
In July 2023, Yarn producers partner with designers and influencers: Major yarn producers like Lion Brand, Bernat, and Rowan collaborate with designers and influencers to create exclusive patterns and yarn lines, promoting specific fleece varieties like Merino wool or acrylic blends.
In November 2023, Teijin Frontier, the Teijin Group’s fibres and products converting company, has launched Microft AR, a new seamless knitted garment that claims to provide both thermal comfort and high functionality.
What Can be Explored with the Fleece Knitting Yarn Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Fleece Knitting Yarn Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Fleece Knitting Yarn
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fleece Knitting Yarn market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fleece Knitting Yarn market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Yarn manufacturers, Textile manufacturers, Distributors of fabric, Textile associations, Garment companies, Research institutions, Raw material suppliers and distributors and End use industries such as fabric manufacturing companies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.