Market Forecast By Type (Nylon Carpet Fibers, Polyester (PET) Carpet Fibers, PTT (Triexta Polyester) Carpet Fibers, Polypropylene (Olefin) Carpet Fibers, Wool Carpet Fibers, Cotton Carpet Fibers), By Application (Commercial Use, Automotive, Industrial Use, Other) And Competitive Landscape
Product Code: ETC212984 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Bangladesh Carpet Yarn Market could see a tapering of growth rates over 2025 to 2029. Starting high at 53.30% in 2025, the market steadily declines to 9.79% by 2029.
In the Asia region, the Carpet Yarn market in Bangladesh is projected to expand at a exponential growth rate of 44.36% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Report Name | Bangladesh Carpet Yarn Market |
Forecast Period | 2025-2031 |
CAGR | 4.5% |
Growing Sector | Commercial Use |
Bangladesh Carpet Yarn Market report thoroughly covers the market by type and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh carpet yarn market is expected to continue growing in the coming years. This growth can be attributed to the rise in demand for carpets and rugs, along with the increasing trend of home decor and interior design in the country. Additionally, digital transformation of the industry, where online platforms and digital marketing strategies are increasingly being utilized to reach a wider audience and explore new markets.
According to 6Wresearch, Bangladesh Carpet Yarn Market size is projected to grow at a CAGR of 4.5% during the forecast period of 2025-2031. The market also presents its distinct dynamics, propelled by drivers such as the increasing demand for high-quality textile inputs driven by both the domestic and international carpet sectors. The richness of Bangladesh's natural fiber resources, including jute and cotton, positions it well to cater to this growing need. However, the market consists of some challenges that could affect its growth. These challenges include the fluctuation in raw material prices and the global competition in yarn production significantly impact the cost-effectiveness. Additionally, there's a noticeable gap in technological advancement within the local yarn manufacturing sector, which hampers efficiency and innovation. On the other hand, some trends are leaving a positive impact on the Bangladesh Carpet Yarn Market growth such as the market shifting towards sustainability and the use of organic materials. There's a growing awareness and demand among consumers for products that are environmentally friendly and ethically produced, influencing manufacturers to adopt greener practices and materials.
The Bangladesh carpet yarn market is home to several key players who are significant contributors to the industry's growth and innovation. Prominent among these are Jute Yarn Industries Ltd., Cotton Fibers Ltd., and Dhaka Woolen Mills. These companies, along with others like EcoYarns Bangladesh and Bengal Fibre Textiles, are at the forefront of integrating sustainable practices into their production processes.
The government of Bangladesh has been taking initiatives to boost its textile industry, including the carpet yarn sector. The country's Textile Policy sets a target for exporting USD 50 billion worth of textiles and garments. To achieve this goal, the government has implemented various measures to promote the growth of the carpet yarn industry. This includes providing tax incentives for new investments in textile manufacturing, duty-free import of machinery, and raw materials for export-oriented industries.
The future outlook for the Bangladesh carpet yarn industry is positive, with a significant growth potential in the coming years. The country's expanding population and rising consumer spending are driving demand for carpets, thereby fueling the growth of the carpet yarn market. Moreover, with increasing awareness about eco-friendly and sustainable products, there has been a shift towards using natural materials such as jute in carpet manufacturing. This is expected to drive the demand for jute yarns in the Bangladesh market. Technological advancements and innovations in the industry are also expected to drive market growth.
According to Nitesh, Research Manager, 6Wresearch, nylon carpet fibers are the most popular and widely used. This is due to its durability, strength, and resistance to stains and abrasions. Nylon carpet fibers also offer a wide range of colors and styles which make it a preferred choice for both residential and commercial use.
Based on the application, carpets are commonly used in commercial settings such as offices, hotels, restaurants, and retail spaces. They offer a professional and welcoming atmosphere and can also help reduce noise levels in busy areas. Commercial carpets are often made from durable and stain-resistant fibers to withstand heavy foot traffic.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Carpet Yarn Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Carpet Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Carpet Yarn Market - Industry Life Cycle |
3.4 Bangladesh Carpet Yarn Market - Porter's Five Forces |
3.5 Bangladesh Carpet Yarn Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Carpet Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bangladesh Carpet Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for carpets both domestically and internationally |
4.2.2 Growth in the construction and real estate sector in Bangladesh |
4.2.3 Rising disposable income and changing consumer preferences towards home decor |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices such as wool and synthetic fibers |
4.3.2 Competition from other flooring options like tiles, wood, and laminate flooring |
4.3.3 Challenges in sourcing quality raw materials and skilled labor |
5 Bangladesh Carpet Yarn Market Trends |
6 Bangladesh Carpet Yarn Market, By Types |
6.1 Bangladesh Carpet Yarn Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Carpet Yarn Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Bangladesh Carpet Yarn Market Revenues & Volume, By Nylon Carpet Fibers, 2021 - 2031F |
6.1.4 Bangladesh Carpet Yarn Market Revenues & Volume, By Polyester (PET) Carpet Fibers, 2021 - 2031F |
6.1.5 Bangladesh Carpet Yarn Market Revenues & Volume, By PTT (Triexta Polyester) Carpet Fibers, 2021 - 2031F |
6.1.6 Bangladesh Carpet Yarn Market Revenues & Volume, By Polypropylene (Olefin) Carpet Fibers, 2021 - 2031F |
6.1.7 Bangladesh Carpet Yarn Market Revenues & Volume, By Wool Carpet Fibers, 2021 - 2031F |
6.1.8 Bangladesh Carpet Yarn Market Revenues & Volume, By Cotton Carpet Fibers, 2021 - 2031F |
6.2 Bangladesh Carpet Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Carpet Yarn Market Revenues & Volume, By Commercial Use, 2021 - 2031F |
6.2.3 Bangladesh Carpet Yarn Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.4 Bangladesh Carpet Yarn Market Revenues & Volume, By Industrial Use, 2021 - 2031F |
6.2.5 Bangladesh Carpet Yarn Market Revenues & Volume, By Other, 2021 - 2031F |
7 Bangladesh Carpet Yarn Market Import-Export Trade Statistics |
7.1 Bangladesh Carpet Yarn Market Export to Major Countries |
7.2 Bangladesh Carpet Yarn Market Imports from Major Countries |
8 Bangladesh Carpet Yarn Market Key Performance Indicators |
8.1 Average selling price (ASP) of carpet yarn |
8.2 Percentage of carpet yarn exports compared to total production |
8.3 Adoption rate of sustainable and eco-friendly carpet yarn production practices |
9 Bangladesh Carpet Yarn Market - Opportunity Assessment |
9.1 Bangladesh Carpet Yarn Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Carpet Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Carpet Yarn Market - Competitive Landscape |
10.1 Bangladesh Carpet Yarn Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Carpet Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |