Wool yarn market to surpass US$ 50 bn in revenues by 2029: PMR study

The global wool yarn market was pegged at more than US$ 33,500 mn in terms of value at the end of 2018, and is anticipated to reach nearly US$ 50,500 mn by the end of the forecast period 2029, registering a CAGR of over 4%.Figure: Globally the consumption of wool yarn has increased significantly.The