The global knitting and crochet market is poised for substantial growth, with forecasts indicating an increase of USD 10.69 billion at a CAGR of 6.4% between 2023 and 2028. The market is being propelled by initiatives aimed at training and employment opportunities within the fiber industry, supporting the rising demand for handmade goods. As the yarn demand for high-quality and customizable fabrics continues to rise, key players are investing in advanced knitting supplies and crochet tools to enhance efficiency and productivity. Additionally, the market is benefiting from growing interest in DIY crafting, leading to increased textile sales and crafting revenue. Innovations in knitting patterns and crochet designs are further expanding the appeal of the industry. However, the industry faces significant challenges, including increasing raw material costs and heightened competition from low-cost producers. These factors are driving the need for continuous innovation in manufacturing processes and product offerings.
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By Region
South America
Middle East and Africa
The apparel segment is expected to witness significant growth. This segment includes garments made from conventional and organic cotton, cotton blends, and fair-trade cotton. Categories include:
The segment was valued at USD 9.96 billion in 2018 and has shown steady growth.
The knitting and crochet market is witnessing substantial growth, driven by the rising popularity of handmade yarn crafts and the increasing demand for sustainable yarn materials. Enthusiasts and professionals alike are investing in high-quality knitting needles and crochet hooks to create unique textiles. The demand for various fiber types, including acrylic yarn, wool yarn, and cotton yarn, continues to expand as consumers seek versatility in their crafting projects. Additionally, DIY knitting kits have gained traction among beginners, offering a convenient way to start projects with pre-selected materials. The popularity of chunky yarn trends is further shaping the industry, with larger stitches being favored for their aesthetic appeal and quick project completion. Meanwhile, the rise of amigurumi creations—small, stuffed crochet toys—has introduced a new dimension to fiber arts. Products such as knitted sweaters and crocheted blankets remain staple items in the market, reflecting the growing interest in customized and handmade fashion.
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The fiber arts community continues to thrive, fostering creativity and innovation in knitting and crocheting. Consumers are increasingly turning to crochet patterns and knitting patterns to experiment with new techniques and designs. The accessibility of crochet supplies online has further fueled this trend, providing a vast selection of tools and materials for enthusiasts worldwide. In the home décor sector, handcrafted home decor items, including decorative cushions and wall hangings, are gaining popularity as consumers embrace unique and artisanal interior designs. The demand for knitting accessories, such as stitch markers and row counters, is also rising as crafters seek efficiency in their work. The industry’s expansion is reflected in the overall knitting and crochet market growth, with businesses adapting to changing consumer preferences and technological advancements. As sustainability becomes a key focus, manufacturers are developing eco-friendly alternatives to meet the demand for responsibly sourced materials, ensuring continued market evolution.
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