Saudi Arabia Polyester Staple Fibre
(PSR) Market is anticipated to post robust growth by 2023, owing to the growing
consumer shift towards sustainable fashion due to rising
environment-consciousness. Sustainable Fashion refers to as the adoption of
environment friendly fibres such as the polyester stable fibre that can act as
an alternative to cotton at a much lesser price. Growing popularity of recycled
PSRs is expected to drive the growth of the market in Saudi Arabia in the next
five years. Moreover, the increasing use in home furnishings, high demand from
the automotive industry and competitively cheaper price of PVR to cotton is
anticipated to drive the growth of the market in the next five years. Additionally, the flourishing apparel
industry coupled with increasing awareness of versatile properties such as
lightweight, wrinkle-free, and resistant to light and weather is anticipated to
drive the growth of the market by 2023. Based on the product, the solid segment
is projected to hold the largest market share by 2023, due to the flourishing
textile manufacturing industry. Based on the application, the home furnishings
segment is projected to possess the largest market share by 2023, owing to
versatile properties such as lightweight, wrinkle-free, and resistant to light
and weather as well as cheaper price.
Years
considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019–2023
Objective of the Study:
- To analyse and forecast the market size of Saudi
Arabia Polyester Staple Fibre Market, in terms of value and volume.
- To classify and forecast Saudi Arabia Polyester
Staple Fibre based on product, origin, application and regional
distribution.
- To identify drivers and challenges for Saudi
Arabia Polyester Staple Fibre Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia Polyester Staple Fibre Market.
- To conduct the pricing analysis for Saudi
Arabia Polyester Staple Fibre Market.
- To identify and analyse the profile of leading
manufacturers involved in the Saudi Arabia Polyester Staple Fibre Market.
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Some of the leading players in the Saudi
Arabia Polyester Staple Fibre Market are Toray
Chemical Korea, Inc., W. Barnet GmbH & Co. KG, Alpek, S.A.B. de C.V.,
Reliance Industries Limited, Indorama Corporation, Xinda Corp., Saudi Arabia
National Petroleum Corporation, Bombay Dyeing, Textile Fibre Joint Stock
Company etc.
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers in Saudi Arabia. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be
identified due to the limitations of secondary research. TechSci Research
analysed the distribution channels and presence of all major manufacturers in Saudi
Arabia.
TechSci
Research calculated the market size of Saudi Arabia Polyester Staple Fibre Market
using a bottom-up approach, where value data for power line were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analysing
historical data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company website, news
articles, press releases, company annual reports, investor presentations and
financial reports were also used by TechSci Research.
Key Target Audience:
- Polyester
Staple Fibre Manufacturers.
- Dealers
and Suppliers
- Traders
and Distributors
·
Industrial associations
- Research
organizations and consulting companies.
- Government
Institutions.
- Market
research and consulting firms.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as
manufacturers, vendors, partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia Polyester Staple Fibre Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Market, By Product:
- Solid
- Semi-dull Optical White
- Bright Optical White
- Black Dope Dyed
- Coloured Dope White
- Others
- Hollow
- Market, By Origin:
- Market, By Applications:
- Automotive
- Home Furnishings
- Apparel
- Filtration
- Construction
- Personal Care & Hygiene
- Others
- Market, by Region:
- Northern Region
- Southern Region
- Eastern Region
- Western Region
- Central Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Polyester Staple Fibre Market segment.
Available Customizations:
With the given market data, TechSci Research offers customizations
according the company’s specific needs. The following customization options are
available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and
indirect sales channel.
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