Polyester Carpets Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 8.1 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The polyester carpets market exhibited significant growth in 2022, with a total market size valued at approximately $4.5 billion. The market is projected to expand at a Compound Annual Growth Rate (CAGR) of 6.2% from 2023 to 2028. This growth is driven by increasing demand for cost-effective and eco-friendly flooring solutions, coupled with advancements in polyester fiber technology which enhance durability and aesthetic appeal. Polyester carpets are favored for their stain resistance, vibrant colors, and ease of maintenance, contributing to their rising popularity in both residential and commercial applications. Furthermore, the shift towards sustainable products is bolstering market expansion as manufacturers emphasize the use of recycled polyester in carpet production.
Opportunity analysis highlights significant potential in emerging markets where urbanization and construction activities are on the rise. Regions such as Asia-Pacific, particularly countries with rapidly growing economies, present lucrative opportunities for market players. The burgeoning middle class and increasing disposable income in these areas are expected to drive demand for polyester carpets. Additionally, advancements in manufacturing technologies and the development of innovative designs are anticipated to further propel market growth. Emerging trends, such as the integration of smart textiles and improved environmental standards, are likely to shape the future landscape of the polyester carpets market, offering new avenues for expansion and investment.
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HYOSUNG
BESANA MOQUETTE
Guangdong Yulan Group
Lusotufo
ROC Agencies
Quest Carpets
Object Carpet
Shaw Contract
Tarkett
Wool Classics
Hebei Rihome
Mohawk Industries
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Polyester Carpets Market
Household
Commercial
Based on Types the Market is categorized into Below types that held the largest Polyester Carpets market share In 2023.
Thickness: Below 5mm
Thickness: 5mm-10mm
Thickness: Above 10mm
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Polyester Carpets Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Polyester Carpets Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Polyester Carpets Market, By Type
6. Global Polyester Carpets Market, By Application
7. Global Polyester Carpets Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Polyester Carpets Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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