Polyester Fiber Market - Forecasts from 2025 to 2030

The global polyester fiber market is estimated to attain US$157.375 billion by 2030, growing at a CAGR of 7.51% from US$109.567 billionin 2025.

Polyester fiber is a synthetic fiber with polyester as a main component. The polyester fiber offers various features, and characteristics, including strong material and soft hand feel. It also offers resistance to stretching and shrinking. Polyester fiber is widely used in home furnishing, apparel, textile, and automotive industries. With the growing construction sector, the number of buildings and houses has been increasing, leading to an increased demand for home furnishing.

The polyester fiber offers a wide range of advantages over other types of material. This fiber is durable and lightweight and offers resistance to shrinking and wrinkling. The polyester fiber material is also easy to clean and can be dried quickly.

Global Polyester Fiber Market Drivers

Growing textile and apparel industries

The increasing demand for textile and apparel industries worldwide is a major factor estimated to boost the global polyester fiber market. This market is expected to surge in the coming years due to an increased demand for polyester fibers from the textile and apparel industries, as these industries have been growing at a steady pace. Governments of several countries' increasing investments in the textile industry have been a major factor in its boom.

For instance, the textile industry in India witnessed a significant surge in the past few years. The Invest India portal, in its report, stated that in 2023, the domestic apparel and textile industry contributed about 2.3% to the nation's GDP, about 13% to industrial production, and 12% to the nation's exports. The portal further stated that India has about 4.6% of the global textile and apparel trade market share. The report also noted that in 2023, India's textile and apparel industry was recorded at about US$ 160 billion. In the total fabric production in the fiscal year 2024, India produced about 952 million square meters of cotton yarn, whereas about 432 million square meters and 450 million square meters of blended 100% non-cotton yarn and man-made filament yarn, respectively. The nation also produced about 511 million square meters of man-made fiber during fiscal year 2024.

Global Polyester Fiber Market geographical outlook

Asia-Pacific is forecasted to hold a major share of the Global Polyester Fiber Market.

The Asia-Pacific region is forecasted to attain a greater market share in the global polyester fiber market. The region is among the biggest fiber producers, and it is used across multiple industries.

The region is also among the biggest producers of textile and apparel industries. Countries like India, Bangladesh, Japan, China, and Vietnam are the leading global textile and apparel producers. The governments of various Asian Pacific countries, like India, Bangladesh, Vietnam, and Malaysia, also introduced key policies and investment schemes to further propel the regional textile and apparel industries, increasing the demand for polyester fibers. For instance, in June 2023, the Ministry of Textiles of the Government of India amended the Operational Guidelines for Production Linked Incentive (PLI). This is aimed at promoting MMF (man-made fibers) and technical textiles segments, including synthetic and cellulose fibers.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Global Polyester Fiber Market is segmented and analyzed as follows:

By Grade

• PET
• PCDT

By Product

• Filament
• Staple
• Others

By Form

• Solid
• Hollow

By Applications

• Automotive
• Home Furniture
• Apparel
• Others

By Geography

• North America
• South America
• Europe
• Middle East and Africa
• Asia-Pacific