The global knitting yarn ball retail market was valued at USD 6.21 billion in 2024 and is projected to reach USD 9.89 billion by 2033, registering a CAGR of 5.4% from 2025 to 2033. Market growth is driven by the rising interest of younger consumers in knitting, supported by the growing trend of showcasing handmade creations and new patterns on social media platforms. This shift toward creative expression and DIY crafts is contributing significantly to the expansion of the knitting yarn ball retail industry.

Cotton fiber remains a key material in yarn ball manufacturing due to its breathable, absorbent, and soft characteristics. These properties make cotton yarn ideal for knitting tanks, tunics, tees, pullovers, and formal wear. Its versatility also extends to the creation of soft toys, which further boosts demand. Technological advancements in fiber processing and dyeing techniques are also enhancing product quality. Improvements in spinning technology and color treatment have resulted in softer, more durable, and colorfast yarns, elevating the overall knitting experience and driving premiumization in the retail market. Additionally, specialty yarns incorporating smart textile technologies—such as metallic fibers or temperature-responsive materials—are broadening creative possibilities for both hobbyists and designers.

The rapid expansion of e-commerce and online craft retail platforms is another major growth driver. Digital retailing has improved product accessibility and helped brands of all sizes reach international consumers. Online tutorials, virtual knitting workshops, and subscription-based craft kits are increasing engagement among beginners and experienced knitters alike. Retailers are also leveraging social media marketing, influencer partnerships, and content-driven promotions to tap into niche customer segments and enhance sales performance.

Order a free sample PDF of the Knitting Yarn Ball Retail Market Intelligence Study, published by Grand View Research.

Key Market Trends & Insights

• Europe accounted for the largest revenue share at 38.4% in 2024, leading the global market.
• By distribution channel, the online segment is expected to grow at the fastest CAGR of 6.6% during the forecast period.
• By material, the wool segment is projected to record the highest CAGR of 5.9% over the forecast period.

Market Size & Forecast

• 2024 Market Size: USD 6.21 Billion
• 2033 Projected Market Size: USD 9.89 Billion
• CAGR (2025–2033): 5.4%
• Largest Market (2024): Europe

Key Knitting Yarn Ball Retail Company Insights

Some major players shaping the market include Ballyarn and Sullivans USA.

• Ballyarn, based in Spain, specializes in sustainable and recycled yarns made from high-quality textile waste. Its product offerings—such as macramé cords, t-shirt yarns, and cotton blends—emphasize circular economy practices and cater to knitting, crocheting, and home décor needs.
• Sullivans USA is a leading American manufacturer and distributor of craft and textile supplies. The company provides a broad assortment of yarns—including acrylic, cotton, and blended fibers—distributed through both physical retail and online channels, serving a wide range of creative consumers.

Emerging companies like Ganga Acrowools and Vardhman Group are also strengthening their presence in the market.

• Ganga Acrowools, headquartered in India, is known for producing premium knitting and crochet yarns with an extensive range of colors and textures. Its acrylic, wool, cotton, and blended yarns cater to both domestic and global markets.
• Vardhman Group, one of India’s largest integrated textile manufacturers, offers a comprehensive portfolio of acrylic, cotton, and wool-blend yarns for hand-knitting and industrial uses. The company emphasizes innovation, sustainability, and high-quality production across its diverse product lines.

Leading Knitting Yarn Ball Retail Companies:

• Ballyarn
• Sullivans USA
• Ganga Acrowools
• Vardhman Group
• Gomitolatura Albatros di Chen Xiaoqun
• Gedifra
• Hobbii
• The Yarnery
• King Cole
• Rowan

Explore Horizon Databook – The world’s most expansive market intelligence platform developed by Grand View Research.

Conclusion

The knitting yarn ball retail market is experiencing steady growth driven by increasing consumer engagement in knitting as a creative and recreational activity. Social media exposure, advancements in fiber technology, and the introduction of specialty yarns are elevating product innovation and customer interest. Meanwhile, the rapid rise of e-commerce, online craft communities, and digital learning platforms has expanded market reach and improved accessibility. With strong participation from both established manufacturers and emerging players, the market is poised for continued expansion through 2033, supported by rising consumer demand for high-quality, diverse, and creatively inspiring yarn products.