Global Polyester Fiber Market to Reach $15.89B by 2030
The global polyester fiber textile market is projected to grow from USD 12.85 billion in 2024 to USD 15.89 billion by 2030, at a CAGR of 3.6%. This growth is fueled by polyester’s cost-effectiveness, durability, and versatility across apparel, home furnishings, and industrial applications.
Recycled polyester is playing an increasingly vital role as environmental concerns and corporate sustainability goals push demand for eco-friendly materials. Derived from post-consumer plastic waste like PET bottles, recycled polyester supports circular economy models while maintaining performance and quality.
Primary (virgin) polyester fiber remains essential in high-strength applications such as industrial fabrics, automotive interiors, and home textiles. Its durability, elasticity, and wrinkle resistance make it indispensable in sectors that demand both function and aesthetics.
In the apparel sector, polyester’s moisture-wicking and shape-retention qualities support its widespread use in activewear and fast fashion. E-commerce and rising middle-class consumption in developing regions continue to drive polyester demand for clothing.
Home furnishing is another growth engine, with polyester being widely used in curtains, cushions, and upholstery for its fade resistance and affordability. Urbanization and housing development, especially in Asia and Latin America, bolster this trend.
The automotive industry also relies heavily on polyester for components like seat belts, carpets, and insulation, thanks to its tensile strength and recyclability—key in meeting green manufacturing regulations.
Polyester’s role in technical textiles is expanding too, powering industrial, geotextile, and healthcare applications where strength and chemical resistance are paramount.
Regionally, Asia-Pacific leads global production, with China, India, and Southeast Asia dominating the supply chain. Meanwhile, North America and Europe are seeing a rise in recycled fiber adoption, and the Middle East and Africa are investing in polyester for infrastructure and home needs.
As sustainable fashion and green manufacturing accelerate, the polyester fiber market—both virgin and recycled—is well-positioned for long-term growth.