Market Overview:
The global polyester fiber textile market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polyester fiber textiles from various applications such as apparel, home furnishing, industrial and others. Additionally, the growing awareness about environmental protection has led to an increase in the use of recycle polyester fiber textiles, which is further propelling the growth of this market. However, volatility in prices of raw materials used for manufacturing polyester fibers may restrain the growth of this market during the forecast period.
Product Definition:
Polyester is a synthetic fiber made from the polymerization of ethylene terephthalate. It is used in clothing, upholstery and carpets. Polyester fiber textile has many advantages over natural fibers such as cotton or wool. It is strong, wrinkle-resistant and does not shrink when washed. Polyester also dries quickly, making it an ideal fabric for activewear and swimwear.
Primary:
Primary is the first stage of textile production. It accounts for around 60% to 70% of the total textiles produced globally. Polyester fiber, which finds application in clothing and other industrial uses such as curtains & bedding, is a primary source.
Recycle:
Recycle is a material that has been used, recycled or worn out and can be reused. Polyester fiber textile market majorly uses recycle for the production of new polyester fiber. Recycled polyester fibers are mixed with virgin polymer to produce new product which has higher strength and durability as compared to traditional products. Increasing demand for environment-friendly clothing is expected to drive the global Polyester Fiber Textile market over the forecast period.
Application Insights:
The other application segment includes automotive, construction and medical applications. Apparel was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The increasing demand for polyester fiber textiles from various end-use industries including automotive, healthcare, hospitality and fashion is projected to drive growth over the coming years.
Apparel accounted for a share of more than 50% in 2017 owing to high product demand from major regions including North America and Europe. Polyester fibers are used in manufacturing of apparel which includes activewear, sportswear & fitness clothing as well as casual wearables such as T-shirts & tank tops which are further distributed through retail channels such as departmental stores or specialty shops across countries worldwide. This has resulted in widespread adoption of polyester fiber textiles across different segments globally thereby driving their global market growth since past few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the regional market can be attributed to rising product demand from countries, such as China, India, Japan and Indonesia. Increasing population in these countries has led to an increase in consumer spending on apparels including jackets, pants, shirts and others. This trend is anticipated to drive industry expansion over the coming years.
The European region accounted for a significant share of revenue generation owing to growing product consumption from major end-use industries including home furnishing & accessories; automotive; construction; apparel & sports goods among others. In addition, high disposable income coupled with changing lifestyles will augment industry development across this region during the same period of time.
North America emerged as one of the most promising regions for polyester fiber textile manufacturers due to presence of developed economies such as U.S.
Growth Factors:
- Increasing demand from the apparel industry: The global apparel market is expected to grow at a CAGR of 3.8% from 2016 to 2021. This will lead to an increase in demand for polyester fiber textiles, as they are used extensively in the manufacture of apparels.
- Growing popularity of athleisure wear: The global athleisure wear market is expected to grow at a CAGR of 9% from 2016 to 2021. This will lead to an increase in demand for polyester fiber textiles, as they are used extensively in the manufacture of athleisure wear garments.
- Rising disposable income levels: Disposable income levels are rising globally, especially in developing countries such as China and India. This is leading to an increase in spending on luxury items such as clothing and accessories, which is driving the growth of the polyester fiber textile market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyester Fiber Textile Market Research Report
By Type
Primary, Recycle
By Application
Apparel, Home Furnishing, Industrial, Other
By Companies
DuPont, Goonvean Fibres, TORAY, Mitsubishi Chemical, Unitec Fibres, Reliance, Nanya Plastics, Jiangsu Sanfangxiang, Far Eastern New Century, Indo-Rama, Invista
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Polyester Fiber Textile Market Report Segments:
The global Polyester Fiber Textile market is segmented on the basis of:
Types
Primary, Recycle
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Apparel, Home Furnishing, Industrial, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- Goonvean Fibres
- TORAY
- Mitsubishi Chemical
- Unitec Fibres
- Reliance
- Nanya Plastics
- Jiangsu Sanfangxiang
- Far Eastern New Century
- Indo-Rama
- Invista
Highlights of The Polyester Fiber Textile Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Primary
- Recycle
- By Application:
- Apparel
- Home Furnishing
- Industrial
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyester Fiber Textile Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyester fiber textile is a type of synthetic fiber made from polyesters, which are long chains of hydrocarbons. Polyester fibers are strong and durable, making them ideal for use in clothing and other fabrics.
Some of the key players operating in the polyester fiber textile market are DuPont, Goonvean Fibres, TORAY, Mitsubishi Chemical, Unitec Fibres, Reliance, Nanya Plastics, Jiangsu Sanfangxiang, Far Eastern New Century, Indo-Rama, Invista.
The polyester fiber textile market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyester Fiber Textile Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyester Fiber Textile Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyester Fiber Textile Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyester Fiber Textile Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyester Fiber Textile Market Size & Forecast, 2020-2028
4.5.1 Polyester Fiber Textile Market Size and Y-o-Y Growth
4.5.2 Polyester Fiber Textile Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Primary
5.2.2 Recycle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Apparel
6.2.2 Home Furnishing
6.2.3 Industrial
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyester Fiber Textile Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyester Fiber Textile Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Primary
9.6.2 Recycle
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Apparel
9.10.2 Home Furnishing
9.10.3 Industrial
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Primary
10.6.2 Recycle
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Apparel
10.10.2 Home Furnishing
10.10.3 Industrial
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Primary
11.6.2 Recycle
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Apparel
11.10.2 Home Furnishing
11.10.3 Industrial
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Primary
12.6.2 Recycle
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Apparel
12.10.2 Home Furnishing
12.10.3 Industrial
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Primary
13.6.2 Recycle
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Apparel
13.10.2 Home Furnishing
13.10.3 Industrial
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyester Fiber Textile Market: Competitive Dashboard
14.2 Global Polyester Fiber Textile Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 Goonvean Fibres
14.3.3 TORAY
14.3.4 Mitsubishi Chemical
14.3.5 Unitec Fibres
14.3.6 Reliance
14.3.7 Nanya Plastics
14.3.8 Jiangsu Sanfangxiang
14.3.9 Far Eastern New Century
14.3.10 Indo-Rama
14.3.11 Invista
