Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Type (PET, PCDT), By Applications (Carpets & Rugs, Non-Woven Fabrics Fiberfill, Apparels, Home Textiles, Others ) And Competitive Landscape
Product Code: ETC056857 | Publication Date: May 2021 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Asia Pacific Polyester Fabric Market report thoroughly covers the market by types, application and countries. 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.
The Asia Pacific polyester fabric market is expected to reach USD 70 billion by 2031, up from USD 45 billion in 2025. This rise is being driven by increased demand for polyester materials in industries such as textiles, automotive, and construction, as well as the region's rapidly developing textile industry.
The Asia Pacific polyester fabric market is expected to grow significantly between 2025 and 2031, driven by rising demand in industries such as textiles, automotive, and construction. Polyester textiles are a popular choice among manufacturers due to its adaptability, durability, and cost-effectiveness, which will fuel market growth in the area during the forecast period.
According to 6Wresearch, Asia Pacific Polyester Fabric Market size is expected to grow at a significant CAGR of 6.2% during 2025-2031. Several factors contribute to the Asia-Pacific polyester fabric market's growth. The quality and longevity of polyester textiles have been greatly enhanced by technological developments, increasing their appeal to both makers and customers. The use of polyester has also increased as a result of the automotive industry's growing need for strong, lightweight textiles. Due to its recyclability, polyester is a popular material choice in the trend toward eco-friendly, recyclable materials brought about by growing awareness of sustainable fashion. The usage of polyester fabric has also increased due to the growing demand for home furnishings brought on by urbanization and modernization in developing nations. These trends contribute to the Asia Pacific polyester fabric market growth.
Growth in the polyester fabric market in Asia Pacific may be impeded by a number of obstacles. Since polyester is made from petroleum-based components, changes in the price of crude oil have a direct effect on the cost of producing polyester fabric. Concerns about the effects of polyester manufacture on the environment are also mounting, especially because of the material's non-biodegradable nature, which adds to the pollution caused by plastics. The market may need to adjust by concentrating on sustainable production practices or investigating biodegradable alternatives as customers and authorities call for more environmentally friendly options. These difficulties may have an impact on the region's polyester fabric market's overall expansion and viability.
The growing use of recycled polyester in the production of textiles and clothing, which lowers waste and carbon footprints, is one of the major trends in the Asia Pacific polyester fabric industry. The market is expanding as a result of the increased demand for athleisure clothing, since blends of polyester and other materials provide improved performance and comfort. Microfiber textiles, which are valued for their softness, breathability, and moisture-wicking qualities, are also becoming more and more popular. These patterns show how the textile industry is moving toward sustainability and utility, which is propelling the Asia Pacific region's adoption of cutting-edge polyester fabric solutions in a variety of industries.
The Asia Pacific polyester fabric market offers many investment opportunities for organizations looking to expand regionally. Investing in R&D to provide sustainable and inventive polyester textiles that meet the rising demand for environmentally friendly materials is one important potential. The use of sustainable polyester materials in apparel and home furnishings can also be promoted by working with fashion brands and merchants. In addition to being in line with sustainability trends, this partnership model enables businesses to take advantage of consumers' growing need for eco-friendly products. Businesses can gain a competitive edge in the market by emphasizing sustainability and innovation.
Prominent corporations with a significant presence in polyester manufacture, such as Reliance Industries Limited, Indorama Ventures Public Company Limited, and Toray Industries Inc., are important players in the Asia Pacific polyester fabric industry. One of the biggest oil and gas firms, China Petroleum and Chemical Corporation (Sinopec), is also heavily involved in the production of polyester fabrics because of its work in petrochemicals. Teijin Limited, a major player in the global synthetic fiber and material market, also makes a contribution to the market with its cutting-edge polyester fabric solutions. Through strategic alliances, sustainability programs, and technology breakthroughs, these businesses are propelling the market's expansion.
The Asia Pacific region's governments have implemented a number of programs and regulations to support the expansion of the polyester fabric industry. In order to promote innovation in the production of polyester and enhance manufacturing procedures, these include tax breaks and research and development subsidies. Concerns about the environmental impact of polyester fabric are also being addressed by governmental actions that support sustainable production methods. These regulations facilitate the transition to sustainable manufacturing by incentivizing businesses to use environmentally friendly technologies and investigate recycling alternatives. These government initiatives support long-term growth in the area, draw in investment, and improve the polyester fabric industry's competitive position.
The Asia Pacific polyester fabric market is projected to grow significantly in the coming years due to rising demand from end-use sectors such as textiles, automotive, and construction. The increased demand for eco-friendly polyester materials is also expected to be fueled by the sustainable fashion trend. However, obstacles including shifting raw material pricing and environmental concerns could hinder market expansion. Notwithstanding these obstacles, the industry offers lots of chances for creativity, teamwork, and long-term expansion. Businesses that make investments in research, sustainable operations, and strategic alliances are in a strong position to take advantage of the market's potential and see rapid expansion in the years to come.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, the polyester fabric market in Asia Pacific is dominated by the PET (polyethylene terephthalate) industry. This is explained by its numerous uses in the production of textiles and clothing, as well as the high demand from sectors like home furnishings and the automobile industry.
China dominates the manufacturing and consumption of polyester fabrics, making it the market leader in the Asia Pacific region. The nation's supremacy in the regional and international polyester fabric markets is a result of its substantial export capacity, robust domestic demand, and extensive industrial base.
The Asia Pacific Polyester Fabric market report provides a detailed analysis of the following 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 Asia Pacific Polyester Fabric Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Polyester Fabric Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Polyester Fabric Market - Industry Life Cycle |
3.4 Asia Pacific Polyester Fabric Market - Porter's Five Forces |
3.5 Asia Pacific Polyester Fabric Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Polyester Fabric Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Asia Pacific Polyester Fabric Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Asia Pacific Polyester Fabric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Polyester Fabric Market Trends |
6 Asia Pacific Polyester Fabric Market, 2031 - 2031 |
6.1 Asia Pacific Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
6.2 Asia Pacific Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
7 China Polyester Fabric Market, 2031 - 2031 |
7.1 China Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
7.2 China Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
8 India Polyester Fabric Market, 2031 - 2031 |
8.1 India Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
8.2 India Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
9 Japan Polyester Fabric Market, 2031 - 2031 |
9.1 Japan Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
9.2 Japan Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
10 Australia Polyester Fabric Market, 2031 - 2031 |
10.1 Australia Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
10.2 Australia Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
11 Indonesia Polyester Fabric Market, 2031 - 2031 |
11.1 Indonesia Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
11.2 Indonesia Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
12 Philippines Polyester Fabric Market, 2031 - 2031 |
12.1 Philippines Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
12.2 Philippines Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
13 Thailand Polyester Fabric Market, 2031 - 2031 |
13.1 Thailand Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
13.2 Thailand Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
14 Malaysia Polyester Fabric Market, 2031 - 2031 |
14.1 Malaysia Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
14.2 Malaysia Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
15 Singapore Polyester Fabric Market, 2031 - 2031 |
16 Rest of Asia Polyester Fabric Market, 2031 - 2031 |
16.1 Rest of Asia Polyester Fabric Market, Revenues & Volume, By Type, 2031 - 2031 |
16.2 Rest of Asia Polyester Fabric Market, Revenues & Volume, By Applications, 2031 - 2031 |
17 Asia Pacific Polyester Fabric Market Key Performance Indicators |
18 Asia Pacific Polyester Fabric Market - Opportunity Assessment |
18.1 Asia Pacific Polyester Fabric Market Opportunity Assessment, By Countries, 2021 & 2031F |
18.2 Asia Pacific Polyester Fabric Market Opportunity Assessment, By Type, 2021 & 2031F |
18.3 Asia Pacific Polyester Fabric Market Opportunity Assessment, By Applications, 2021 & 2031F |
19 Asia Pacific Polyester Fabric Market - Competitive Landscape |
19.1 Asia Pacific Polyester Fabric Market Revenue Share, By Companies, 2024 |
19.2 Asia Pacific Polyester Fabric Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |