| Product Code: ETC212979 | Publication Date: May 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
In the Singapore carpet yarn market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -93.68%. The compound annual growth rate (CAGR) for imports between 2020 and 2024 stood at -49.47%. This sharp downturn could be attributed to shifting consumer preferences, reduced demand, or changes in trade policies impacting market stability.
In the Asia region, the Carpet Yarn market in Singapore is projected to expand at a stable growth rate of 0.04% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

The Singapore carpet yarn market plays a vital role in the textile and carpet manufacturing industries. The outlook for this market remains positive due to the continued demand for carpets in various applications, from residential to commercial spaces. Carpet yarn, a critical component of carpet production, is influenced by trends in interior design, architecture, and construction. As sustainable practices gain prominence, there is an increasing focus on environmentally friendly yarn materials and production processes. Technological advancements in yarn manufacturing also impact the market, enabling the production of innovative and durable carpet solutions. The market`s growth is expected to be sustained by the ongoing development of Singapore infrastructure and real estate sectors.
The Singapore metal recycling market is on the rise due to several factors. Recycling is becoming increasingly important as a sustainable practice, and metals are valuable resources that can be reclaimed and reused. Singapore efforts to promote recycling and reduce waste have led to government incentives and initiatives that encourage metal recycling. Additionally, the construction and manufacturing industries generate significant metal waste, providing a consistent source of materials for recycling. Economic factors, such as fluctuations in metal prices and global supply chain disruptions, also influence the market dynamics, making metal recycling a viable and resilient industry in Singapore.
The carpet yarn market faces challenges related to global demand fluctuations and raw material costs. As a niche industry, it may struggle with economies of scale. Price competition with synthetic yarns, often cheaper, can affect profit margins. The market also needs to adapt to changing consumer preferences for sustainable and environmentally friendly materials. Maintaining consistent quality and supply while addressing sustainability concerns is a paramount challenge.
The carpet yarn market faced disruptions in the supply chain as well as a reduction in demand during the pandemic. Carpet manufacturing slowed down due to lockdowns, impacting the yarn suppliers. The market gradually recovered as manufacturers adapted to the new normal, with some shifting production to meet the demand for face masks and other personal protective equipment.
When it comes to the Singapore carpet yarn market, companies such as Tai Hing Cotton Mill Ltd. and Oriental Weavers Group are recognized for their high-quality yarn production. These companies supply the raw materials essential for the manufacturing of carpets and rugs in the Singapore market.
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 Singapore Carpet Yarn Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Carpet Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Carpet Yarn Market - Industry Life Cycle |
3.4 Singapore Carpet Yarn Market - Porter's Five Forces |
3.5 Singapore Carpet Yarn Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Carpet Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Carpet Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for carpets and rugs in commercial spaces |
4.2.2 Increasing focus on sustainability and eco-friendly materials |
4.2.3 Rising disposable income leading to higher spending on home decor |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative flooring materials like vinyl and laminate |
4.3.3 Economic downturn impacting construction and renovation projects |
5 Singapore Carpet Yarn Market Trends |
6 Singapore Carpet Yarn Market, By Types |
6.1 Singapore Carpet Yarn Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Carpet Yarn Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Carpet Yarn Market Revenues & Volume, By Nylon Carpet Fibers, 2021-2031F |
6.1.4 Singapore Carpet Yarn Market Revenues & Volume, By Polyester (PET) Carpet Fibers, 2021-2031F |
6.1.5 Singapore Carpet Yarn Market Revenues & Volume, By PTT (Triexta Polyester) Carpet Fibers, 2021-2031F |
6.1.6 Singapore Carpet Yarn Market Revenues & Volume, By Polypropylene (Olefin) Carpet Fibers, 2021-2031F |
6.1.7 Singapore Carpet Yarn Market Revenues & Volume, By Wool Carpet Fibers, 2021-2031F |
6.1.8 Singapore Carpet Yarn Market Revenues & Volume, By Cotton Carpet Fibers, 2021-2031F |
6.2 Singapore Carpet Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Carpet Yarn Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Singapore Carpet Yarn Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Singapore Carpet Yarn Market Revenues & Volume, By Industrial Use, 2021-2031F |
6.2.5 Singapore Carpet Yarn Market Revenues & Volume, By Other, 2021-2031F |
7 Singapore Carpet Yarn Market Import-Export Trade Statistics |
7.1 Singapore Carpet Yarn Market Export to Major Countries |
7.2 Singapore Carpet Yarn Market Imports from Major Countries |
8 Singapore Carpet Yarn Market Key Performance Indicators |
8.1 Average selling price of carpet yarn |
8.2 Number of new carpet yarn product launches |
8.3 Percentage of carpet yarn sales from sustainable sources |
8.4 Customer satisfaction ratings for carpet yarn quality and durability |
8.5 Adoption rate of eco-friendly carpet yarn options |
9 Singapore Carpet Yarn Market - Opportunity Assessment |
9.1 Singapore Carpet Yarn Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Carpet Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Carpet Yarn Market - Competitive Landscape |
10.1 Singapore Carpet Yarn Market Revenue Share, By Companies, 2024 |
10.2 Singapore Carpet Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |