Global Polyester Microfiber
Market Report
2025
The global Polyester Microfiber market size will be USD 16512.5 million in 2024. The increasing demand for microfiber leather and microfiber cleaning cloths will boost sales to USD 29229.47 million by 2031, with a Compound Annual Growth Rate (CAGR) of 8.50% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Polyester Microfiber market size will be USD 16512.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.50% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Polyester Microfiber Market Sales Revenue | $ 16512.5 Million | 121212 | 121212 | 121212 | 8.5% |
North America Polyester Microfiber Market Sales Revenue | $ 6605 Million | 121212 | 121212 | 121212 | 6.7% |
Mexico Polyester Microfiber Market Sales Revenue | $ 601.06 Million | 121212 | 121212 | 121212 | 7.2% |
Canada Polyester Microfiber Market Sales Revenue | $ 792.6 Million | 121212 | 121212 | 121212 | 7.5% |
United States Polyester Microfiber Market Sales Revenue | $ 5211.35 Million | 121212 | 121212 | 121212 | 6.5% |
Europe Polyester Microfiber Market Sales Revenue | $ 4953.75 Million | 121212 | 121212 | 121212 | 7% |
Spain Polyester Microfiber Market Sales Revenue | $ 406.21 Million | 121212 | 121212 | 121212 | 6.1% |
United Kingdom Polyester Microfiber Market Sales Revenue | $ 832.23 Million | 121212 | 121212 | 121212 | 7.8% |
Russia Polyester Microfiber Market Sales Revenue | $ 767.83 Million | 121212 | 121212 | 121212 | 6% |
Italy Polyester Microfiber Market Sales Revenue | $ 426.02 Million | 121212 | 121212 | 121212 | 6.4% |
Germany Polyester Microfiber Market Sales Revenue | $ 980.84 Million | 121212 | 121212 | 121212 | 7.2% |
France Polyester Microfiber Market Sales Revenue | $ 455.75 Million | 121212 | 121212 | 121212 | 6.2% |
Rest of Europe Polyester Microfiber Market Sales Revenue | $ 767.83 Million | 121212 | 121212 | 121212 | 5.7% |
Asia Pacific Polyester Microfiber Market Sales Revenue | $ 3797.88 Million | 121212 | 121212 | 121212 | 10.5% |
India Polyester Microfiber Market Sales Revenue | $ 455.75 Million | 121212 | 121212 | 121212 | 12.3% |
Korea Polyester Microfiber Market Sales Revenue | $ 379.79 Million | 121212 | 121212 | 121212 | 9.6% |
Japan Polyester Microfiber Market Sales Revenue | $ 524.11 Million | 121212 | 121212 | 121212 | 9% |
China Polyester Microfiber Market Sales Revenue | $ 1709.04 Million | 121212 | 121212 | 121212 | 10% |
Australia Polyester Microfiber Market Sales Revenue | $ 197.49 Million | 121212 | 121212 | 121212 | 10.2% |
Rest of APAC Polyester Microfiber Market Sales Revenue | $ 269.65 Million | 121212 | 121212 | 121212 | 10.3% |
South America Polyester Microfiber Market Sales Revenue | $ 825.63 Million | 121212 | 121212 | 121212 | 7.9% |
Argentina Polyester Microfiber Market Sales Revenue | $ 138.71 Million | 121212 | 121212 | 121212 | 8.8% |
Brazil Polyester Microfiber Market Sales Revenue | $ 353.37 Million | 121212 | 121212 | 121212 | 8.5% |
Chile Polyester Microfiber Market Sales Revenue | $ 59.45 Million | 121212 | 121212 | 121212 | 8.2% |
Peru Polyester Microfiber Market Sales Revenue | $ 67.7 Million | 121212 | 121212 | 121212 | 8.1% |
Colombia Polyester Microfiber Market Sales Revenue | $ 73.48 Million | 121212 | 121212 | 121212 | 7.7% |
Rest of South America Polyester Microfiber Market Sales Revenue | $ 132.93 Million | 121212 | 121212 | 121212 | 7% |
Middle East and Africa Polyester Microfiber Market Sales Revenue | $ 330.25 Million | 121212 | 121212 | 121212 | 8.2% |
Egypt Polyester Microfiber Market Sales Revenue | $ 34.68 Million | 121212 | 121212 | 121212 | 8.5% |
Turkey Polyester Microfiber Market Sales Revenue | $ 28.4 Million | 121212 | 121212 | 121212 | 7.7% |
Rest of MEA Polyester Microfiber Market Sales Revenue | $ 38.97 Million | 121212 | 121212 | 121212 | 7.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Polyester Microfiber Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The manufacture and marketing of fine synthetic fibers, usually with a diameter of less than one denier, derived from polyester constitute the polyester microfiber market. Known for their softness, strength, low weight, and high absorption, these fibers can be used for a variety of products, such as cleaning supplies, clothing, home textiles, and automobile interiors. Microfiber's moisture-wicking and quick-drying capabilities are highly valued in industries including fashion, sportswear, and home furnishings, which is driving the industry. Additionally, demand is increased by the cleaning industry's expansion as a result of its efficient dirt-trapping capabilities. However, issues with natural fiber competitiveness and environmental concerns about microplastic pollution provide difficulties that impact market dynamics and spur innovation in sustainable solutions.
In June 2024, Toray Industries, Inc. announced that three TorayseeTM Design Cloth styles will be available starting in late June of this year. These 24-square-centimeter microfiber cleaning cloths will be available for purchase online at Takezawa Online Shop and Amazon, as well as at optician stores across Japan, for ¥880 apiece. (Source: https://www.toray.com/global/news/article.html?contentId=6uxg5i9p)
The market for polyester microfiber is expanding due in large part to the growing demand for household textiles. The softness, durability, and ease of maintenance of polyester microfiber make it a popular choice for home textile products, including towels, curtains, upholstery, and bed linens. Customers favor microfiber because of its silky feel and stain and wrinkle resistance, which makes it a desirable choice for home furnishings. Additionally, the growing popularity of home improvement and interior design, particularly in developing nations, is encouraging the use of premium, reasonably priced materials like polyester microfiber. The market for polyester microfiber is anticipated to grow as the home décor and hospitality sectors' expansion drives up demand for adaptable and useful textiles.
The market for polyester microfiber is being buoyed by the expansion of the sportswear and clothing industries. Polyester microfiber's lightweight, moisture-wicking, and quick-drying qualities make it a popular choice for athleisure, sportswear, and activewear manufacturing. Because of these attributes, which are crucial for improving comfort and performance, it is a preferred option for both manufacturers and customers. The need for high-performance textiles in athletic and casual apparel is increasing as fitness and outdoor pursuits become more and more popular worldwide. The popularity of athleisure and multipurpose apparel that can be worn for both daily use and exercise is also fueling this expansion. Polyester microfiber is the perfect material for this growing market niche because of its strength, affordability, and adaptability.
The market for polyester microfiber is significantly hampered by environmental issues and microplastic contamination. The synthetic polyester microfiber adds to the microplastic contamination by shedding microscopic fibers when washed. These microplastics pose a major threat to aquatic life and ecosystems by getting into rivers and oceans. Natural or biodegradable textiles are becoming more and more popular as a result of consumers' and authorities' growing awareness of the negative environmental effects of synthetic fibers. Further attacking the polyester microfiber business are governments and environmental groups calling for more stringent laws and policies to reduce microplastic pollution. Consequently, producers are under growing pressure to create environmentally acceptable solutions, which may eventually restrain the expansion of conventional polyester microfiber products.
The market for polyester microfiber was greatly damaged by the COVID-19 epidemic, which caused production, distribution, and supply chain disruptions. Manufacturing facilities were temporarily closed as a result of lockdowns and limitations, which decreased production capacities and caused delivery delays. The pandemic-related drop in demand for clothing and textiles, especially in the fashion and hospitality industries, had an impact on market expansion. Nonetheless, because of greater awareness of cleanliness, there was a rise in demand for microfiber products in particular markets, such as cleaning supplies, face masks, and protective gear. Manufacturers began concentrating on these areas, which somewhat stabilized the market. A rebound in consumer demand is anticipated to propel the market back into action as economies recover and sectors progressively resume operations.
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The market for polyester microfiber is extremely competitive, and in order to increase its market share, major competitors concentrate on innovation, product development, and sustainability. Toray Industries, Kolon Industries, Teijin Limited, and Huvis Corporation are among the leading players in the market, providing a wide variety of microfiber products for different uses. Additionally, smaller regional manufacturers, especially in Asia Pacific, provide competition. Because consumers are demanding more sustainable solutions, businesses are spending more on recycled and environmentally friendly polyester microfiber.
In May 2024, The Teijin Group's fiber and product conversion business, Teijin Frontier Co., Ltd., today revealed the creation of a brand-new, comfortable, multipurpose polyester material that combines excellent breathability and UV protection. (Source:https://www.teijin.com/news/2024/05/23/20240523_01.pdf) In April 2022, Toray Industries, Inc. revealed new microfiber cleaning cloths in its TorayseeTM Masterpieces line. Three 24 x 19-centimeter pieces with artwork by Vincent Van Gogh are included. In Japan, they will start selling eyeglasses to suppliers, Toray stores, Amazon, the Takezawa Online Shop, and other e-commerce platforms for 990 yen (including consumption tax) in mid-April. (Source:https://www.toray.com/global/news/article.html?contentId=r8cls3ma) In March 2020, Toraysee® Japanese Patterned Reversible Cleaning Cloths will be available starting in early April, according to a statement released by Toray Industries, Inc. Eyewear and Toray stores in Japan will sell the 24-cm-by-24-cm microfiber pieces which come in six different patterns, for 800 yen plus consumption tax. On the front and plain back of the fashionable designs are trendy Japanese patterns. The Toraysee reversible cleaning cloth line, which debuted in 2019 and quickly became popular, now has its second product. The "JAPAN" text is distributed loosely across the design. (Source:https://www.toray.com/global/news/article.html?contentId=n7cozqri)
Top Companies Market Share in Polyester Microfiber Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the Polyester Microfiber market, and the region is expected to have significant growth during the projected period. Due to robust demand from important industries, including clothing, home textiles, and automotive, North America is anticipated to propel the growth of the polyester microfiber market. Because of the region's expanding exercise culture and emphasis on high-performance clothing, polyester microfiber is becoming more and more popular in athleisure and sportswear. The growing car industry also uses microfiber for aesthetically pleasing and long-lasting interiors. In addition, the need for microfiber cleaning products has increased as cleanliness and hygiene have become more important. The move toward recycled and sustainable polyester solutions also fits with consumer preferences, which is driving the market's expansion in North America.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The market for polyester microfiber is expected to increase significantly in the Asia Pacific area due to the region's fast urbanization and industrialization. Demand for clothing, household textiles, and cleaning supplies is rising in nations like China, India, and Vietnam, where polyester microfibre is preferred because of its strength and adaptability. This trend is influenced by the expanding fashion sector as well as rising consumer expenditure on home goods. Furthermore, microfiber items are becoming more accessible because of the growth of e-commerce platforms. Manufacturers are also concentrating on creating recycled polyester microfiber as sustainability gains traction, catering to the eco-aware consumer base in the area.
The current report Scope analyzes Polyester Microfiber Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Polyester Microfiber market size was estimated at USD 16512.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 6605.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
According to Cognitive Market Research, the global Polyester Microfiber market size was estimated at USD 16512.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 4953.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
According to Cognitive Market Research, the global Polyester Microfiber market size was estimated at USD 16512.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 3797.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.
According to Cognitive Market Research, the global Polyester Microfiber market size was estimated at USD 16512.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 825.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
According to Cognitive Market Research, the global Polyester Microfiber market size was estimated at USD 16512.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 330.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031..
Global Polyester Microfiber Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Polyester Microfiber Industry growth. Polyester Microfiber market has been segmented with the help of its Type, Application , and others. Polyester Microfiber market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, microfiber leather is likely to dominate the Polyester Microfiber Market over the forecast period. Because of its many uses and environmentally beneficial qualities, microfiber leather is becoming increasingly popular in the polyester microfiber market. Made from polyester fibers, microfiber leather appeals to customers who care about the environment since it provides a sustainable substitute for conventional animal leather. Fashion accessories, upholstery, and car interiors are just a few of the uses for this lightweight, strong, and water-resistant material. Microfiber leather adoption is being driven by the growing demand from consumers for sustainable and ethically manufactured materials, as well as the growing popularity of vegan and cruelty-free items. The market should continue to grow as a result of this tendency.
Microfiber cleaning cloths are the fastest-growing segment in the Polyester Microfiber Market. Microfiber cleaning cloths are becoming more and more popular in the polyester microfiber market because of their exceptional cleaning power and adaptability. Without the use of harsh chemicals, these cloths efficiently capture dust, grime, and bacteria, making them perfect for both home and commercial cleaning applications. Microfiber cleaning products have become more popular as a result of increased interest in cleanliness and hygiene, particularly in the wake of the epidemic. Furthermore, its reusability and durability help organizations and consumers alike save money. Consequently, the market for microfiber cleaning cloths is anticipated to continue growing rapidly.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Polyester Microfiber Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the home textiles segment dominates the market. The softness, durability, and ease of maintenance of polyester microfiber are driving the market's significant expansion in the home textiles application segment. Microfiber is being utilized more and more in products like towels, curtains, upholstery, and bed linens because of its practical advantages and opulent feel. Popular among homes and the hospitality sector, it's stain-resistant and quick-drying qualities improve functionality. Further driving the need for polyester microfiber in home textiles is the expanding trend of house renovation and decor, as well as rising consumer spending on high-quality textiles.
Clothing is projected to be the fastest-growing segment in the Polyester Microfiber market. The market for polyester microfiber is expanding significantly in the clothing sector, especially in the athleisure and sportswear sectors. Because of its lightweight, moisture-wicking, and quick-drying qualities, microfiber is perfect for performance-oriented clothing and appeals to both regular consumers and fitness enthusiasts. Because of its softness and stretchability, it is a popular material for sports bras, leggings, and outerwear. The growing popularity of practical and casual apparel is another factor driving the market for microfiber clothes. Additionally, by using recycled polyester, producers are embracing sustainable practices, catering to environmentally conscious customer tastes, and driving the market's expansion in apparel applications.
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Conclusion
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Type | Microfiber Leather, Microfiber Cleaning Cloths, Others |
Application | Home Textiles, Clothing, Daily Necessities, Other |
List of Competitors | Evonik Industries AG, Teijin Limited, Freudenberg Filtration Technologies SE Co. KG, Asahi Kasei Corporation, Wellman International, Ltd., Federal-Mogul Corporation, Trevira GmbH, Sandler AG, DuPont de Nemours, Inc., Invista Textiles (USA) LLC, Japan Vilene Company, Ltd., Toray Industries, Inc., Hyosung Corporation, Lydall, Inc., Kolon Industries, Inc. |
This chapter will help you gain GLOBAL Market Analysis of Polyester Microfiber. Further deep in this chapter, you will be able to review Global Polyester Microfiber Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Polyester Microfiber. Further deep in this chapter, you will be able to review North America Polyester Microfiber Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Polyester Microfiber. Further deep in this chapter, you will be able to review Europe Polyester Microfiber Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Polyester Microfiber. Further deep in this chapter, you will be able to review Asia Pacific Polyester Microfiber Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Polyester Microfiber. Further deep in this chapter, you will be able to review South America Polyester Microfiber Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Polyester Microfiber. Further deep in this chapter, you will be able to review Middle East and Africa Polyester Microfiber Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Polyester Microfiber. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Polyester Microfiber market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Microfiber Leather have a significant impact on Polyester Microfiber market? |
What are the key factors affecting the Microfiber Leather and Microfiber Cleaning Cloths of Polyester Microfiber Market? |
What is the CAGR/Growth Rate of Home Textiles during the forecast period? |
By type, which segment accounted for largest share of the global Polyester Microfiber Market? |
Which region is expected to dominate the global Polyester Microfiber Market within the forecast period? |
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