Product Code: ETC016067 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Singapore polyester fabric market is expected to experience tremendous growth over the forecast period of 2020-2026. This growth can be attributed to the increasing demand for apparel fabrics, particularly from sportswear and women`s fashion sectors. Additionally, increased investments in developing new product lines with better quality have been driving the market for polyester fabrics in Singapore. Furthermore, technological advancements and innovations such as digital printing on synthetic fibers have also led to an increase in demand for polyester fabrics across a wide range of applications.
One of the primary drivers propelling the growth of Singapore polyester fabric market is its cost-effectiveness compared to other natural fibers like cotton or silk. Polyester fabric has excellent properties such as durability, wrinkle resistance and colorfastness that make it suitable for use in a variety of garments including activewear, sportswear and children`s clothing. Additionally, advances in production techniques have enabled manufacturers to produce more intricate designs on these materials at lower costs than ever before making them suitable for use by high-end brands as well as affordable brands alike. Lastly, increasing consumer awareness regarding environmental issues has prompted people to opt for sustainable materials such as recycled PET bottles which are converted into polyesters thus contributing further toward its growing popularity among consumers across different regions.
Despite all these advantages associated with using this material there are certain challenges related with it too that might hamper its future development prospects if not addressed timely through proper strategies and measures taken by both industry players and government authorities alike.One major challenge being faced by producers operating within this sector is high competition from rival manufactures based out East Asia which tend offer their products at much cheaper prices due mainly due lower labor costs incurred therein leading customers shift towards purchasing those instead thereby impacting sales adversely resulting lesser profits margins overall making difficult sustain profitability levels over long term basis without any financial support coming through external sources like grants or subsidies ETCetera provided either side (i e industry itself/government).
Some prominent companies engaged within Singapore Polyester Fabric Market includes Unifi Inc., Toray Industries Inc., Far Eastern New Century Corporation Ltd., Carvico SPA, Huntsman International LLC.
The outbreak of Covid 19 pandemic had severe implications on all industries worldwide including textile trade specifically where disruption supply chain operations along closure retail outlets resulted sudden decline orders received from buyers causing drastic reduction revenue generated manufacturing segment thus impacting negatively entire value chain beginning raw material production till final sale goods end users located globally subsequently leading slower pace recovery post crisis situation ends eventually when things start becoming normal again hopefully near future after vaccines become available.
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 Polyester Fabric Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Polyester Fabric Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Polyester Fabric Market - Industry Life Cycle |
3.4 Singapore Polyester Fabric Market - Porter's Five Forces |
3.5 Singapore Polyester Fabric Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Singapore Polyester Fabric Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Singapore Polyester Fabric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Polyester Fabric Market Trends |
6 Singapore Polyester Fabric Market, By Types |
6.1 Singapore Polyester Fabric Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Polyester Fabric Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Singapore Polyester Fabric Market Revenues & Volume, By PET, 2020-2030F |
6.1.4 Singapore Polyester Fabric Market Revenues & Volume, By PCDT, 2020-2030F |
6.2 Singapore Polyester Fabric Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Singapore Polyester Fabric Market Revenues & Volume, By Carpets & Rugs, 2020-2030F |
6.2.3 Singapore Polyester Fabric Market Revenues & Volume, By Non-Woven Fabrics Fiberfill, 2020-2030F |
6.2.4 Singapore Polyester Fabric Market Revenues & Volume, By Apparels, 2020-2030F |
6.2.5 Singapore Polyester Fabric Market Revenues & Volume, By Home Textiles, 2020-2030F |
6.2.6 Singapore Polyester Fabric Market Revenues & Volume, By Others , 2020-2030F |
7 Singapore Polyester Fabric Market Import-Export Trade Statistics |
7.1 Singapore Polyester Fabric Market Export to Major Countries |
7.2 Singapore Polyester Fabric Market Imports from Major Countries |
8 Singapore Polyester Fabric Market Key Performance Indicators |
9 Singapore Polyester Fabric Market - Opportunity Assessment |
9.1 Singapore Polyester Fabric Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Singapore Polyester Fabric Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Singapore Polyester Fabric Market - Competitive Landscape |
10.1 Singapore Polyester Fabric Market Revenue Share, By Companies, 2023 |
10.2 Singapore Polyester Fabric Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |