Product Code: ETC212982 | 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 Vietnam Carpet Yarn Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 9.14% in 2025, climbs to a high of 10.63% in 2027, and moderates to 8.16% by 2029.
In the Asia region, the Carpet Yarn market in Vietnam is projected to expand at a high growth rate of 10.63% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam carpet yarn market supplies yarns used in carpet manufacturing. It serves as an essential component of the textile and flooring industries, with market dynamics influenced by construction activities, flooring trends, and consumer preferences for carpeted spaces.
The growth of the Vietnam carpet yarn market is driven by the carpet and flooring industries` demand for high-quality yarns. Carpet yarns are essential components for producing durable and attractive carpets and rugs. The expanding construction and home improvement sectors contribute to the market`s growth as manufacturers seek reliable sources of carpet yarn to meet industry standards and consumer preferences.
The Vietnam carpet yarn market may encounter challenges associated with raw material costs, production efficiency, and market competition. Carpet yarn is used to manufacture carpets and rugs, and fluctuations in the cost of raw materials, such as synthetic fibers, can impact production costs. Additionally, ensuring production efficiency and yarn quality is essential to meet market demands. Market competition among yarn manufacturers can influence pricing strategies and product quality. Companies operating in this market need to optimize raw material sourcing, invest in efficient production processes, and differentiate their yarn offerings to address these challenges and maintain a competitive edge in the carpet industry.
The Vietnam carpet yarn market encountered disruptions during the COVID-19 pandemic, primarily due to fluctuations in demand and disruptions in the textile industry. Reduced carpet production and supply chain interruptions influenced the market. Carpet yarn manufacturers and suppliers in Vietnam adjusted by optimizing production schedules and exploring export opportunities. As carpet manufacturing activities rebounded, the carpet yarn market is expected to gradually stabilize.
In the Vietnam carpet yarn market, key players primarily consist of both domestic yarn producers and international suppliers. Domestic companies like Thang Loi Textile and Garment Co., Ltd. play a vital role in producing and supplying carpet yarn within Vietnam. Additionally, international yarn suppliers like RadiciGroup are influential players in supplying high-quality carpet yarns to the Vietnamese carpet industry.
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 Vietnam Carpet Yarn Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Carpet Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Carpet Yarn Market - Industry Life Cycle |
3.4 Vietnam Carpet Yarn Market - Porter's Five Forces |
3.5 Vietnam Carpet Yarn Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Carpet Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Carpet Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for carpets and rugs in the domestic market |
4.2.2 Increase in construction activities and infrastructure development |
4.2.3 Rising disposable income leading to higher spending on home furnishings |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from imported carpet yarn products |
4.3.3 Lack of awareness and promotion of locally-produced carpet yarn |
5 Vietnam Carpet Yarn Market Trends |
6 Vietnam Carpet Yarn Market, By Types |
6.1 Vietnam Carpet Yarn Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Carpet Yarn Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Carpet Yarn Market Revenues & Volume, By Nylon Carpet Fibers, 2021-2031F |
6.1.4 Vietnam Carpet Yarn Market Revenues & Volume, By Polyester (PET) Carpet Fibers, 2021-2031F |
6.1.5 Vietnam Carpet Yarn Market Revenues & Volume, By PTT (Triexta Polyester) Carpet Fibers, 2021-2031F |
6.1.6 Vietnam Carpet Yarn Market Revenues & Volume, By Polypropylene (Olefin) Carpet Fibers, 2021-2031F |
6.1.7 Vietnam Carpet Yarn Market Revenues & Volume, By Wool Carpet Fibers, 2021-2031F |
6.1.8 Vietnam Carpet Yarn Market Revenues & Volume, By Cotton Carpet Fibers, 2021-2031F |
6.2 Vietnam Carpet Yarn Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Carpet Yarn Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Vietnam Carpet Yarn Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Vietnam Carpet Yarn Market Revenues & Volume, By Industrial Use, 2021-2031F |
6.2.5 Vietnam Carpet Yarn Market Revenues & Volume, By Other, 2021-2031F |
7 Vietnam Carpet Yarn Market Import-Export Trade Statistics |
7.1 Vietnam Carpet Yarn Market Export to Major Countries |
7.2 Vietnam Carpet Yarn Market Imports from Major Countries |
8 Vietnam Carpet Yarn Market Key Performance Indicators |
8.1 Average selling price of carpet yarn products |
8.2 Number of new construction projects utilizing carpet yarn |
8.3 Percentage of domestically produced carpet yarn used in the market |
9 Vietnam Carpet Yarn Market - Opportunity Assessment |
9.1 Vietnam Carpet Yarn Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Carpet Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Carpet Yarn Market - Competitive Landscape |
10.1 Vietnam Carpet Yarn Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Carpet Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |