The knitting yarn ball retail market can be segmented into three main categories - natural yarn, synthetic yarn, and blended yarn.
Natural Yarn:
One sub-segment within the natural yarn category is cotton yarn. Cotton yarn is derived from the fibers of the cotton plant and is popular among knitters for its softness and breathability. It is widely used for making clothing items such as sweaters, scarves, and baby clothes. Due to its versatility and comfort, cotton yarn holds a significant market share in the knitting yarn ball retail market.
The competitive landscape of the knitting yarn ball retail market is characterized by several key players who actively participate in this industry. Some of the prominent market players include Lion Brand Yarn Company, Red Heart Yarns, Bernat Yarns, and Cascade Yarns. These companies focus on product innovation, quality assurance, and marketing strategies to gain a competitive edge in the market. Additionally, collaborations with knitting communities, online presence, and expanding distribution networks help them capture a larger market share. The knitting yarn ball retail market is highly competitive, with players constantly striving to cater to the evolving demands and preferences of the knitting enthusiasts.