The India polyester staple fiber market size reached USD 2.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.8 Billion by 2033, exhibiting a growth rate (CAGR) of 3.5% during 2025-2033. The rising demand from the textile and apparel industry, growth in non-woven applications like hygiene and automotive, increasing preference for recycled polyester, government support for synthetic fiber production, and cost advantages over natural fibers are some of the factors propelling the growth of the market.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 2.0 Billion |
Market Forecast in 2033 | USD 2.8 Billion |
Market Growth Rate 2025-2033 | 3.5% |
Shift toward Modernized PSF Manufacturing
India’s polyester staple fiber (PSF) sector is undergoing rapid modernization as manufacturers increasingly adopt advanced machinery to upgrade production capabilities. This shift is driven by the need for higher efficiency, consistent quality, and reduced dependency on imported fibers and equipment. Companies are enhancing their technological base to meet rising domestic and export demands for synthetic fibers, especially in technical textiles and performance apparel. The movement aligns with national objectives promoting industrial self-reliance and manufacturing growth. With investments focused on high-output, energy-efficient systems, the PSF industry is positioning itself to compete globally while supporting sustainability goals. This operational upgrade is expected to boost domestic capacity, lower production costs, and encourage innovation across the synthetic textile value chain. For example, in August 2024, India witnessed rising interest in Oerlikon Barmag’s machinery as manufacturers expanded polyester staple fiber production. Investments in advanced yarn systems aimed to boost quality, efficiency, and self-reliance. The shift supported the country's efforts to modernize synthetic fiber manufacturing under the Make in India initiative, strengthening domestic PSF capacity and reducing reliance on imports for high-performance textile applications.
Rising Focus on Recycled PSF Production
India is witnessing increased focus on recycled polyester staple fiber (PSF) manufacturing as part of broader efforts to promote sustainable textile production. New capacity additions are being planned to strengthen the availability of eco-friendly raw materials for domestic use. These developments support circular economy practices by utilizing post-consumer PET waste to produce high-quality fibers for textile and non-woven applications. With rising demand for sustainable materials in fashion and technical textiles, companies are investing in large-scale, efficient facilities dedicated to recycled PSF. This shift is expected to reduce environmental impact, lower dependence on virgin polyester, and enhance India’s position in the global recycled fiber market. The move also aligns with government initiatives promoting sustainability and resource-efficient manufacturing practices. For instance, in September 2024, Ganesha Ecosphere formed a joint venture with Thailand-based Indorama Ventures to strengthen recycled polyester staple fiber production in India. The new entity, Ganesha Ecotech Private Limited, would set up a manufacturing facility with an annual capacity of 30,000 tonnes. This move is expected to boost India’s recycled PSF market, support circular economy goals, and enhance the domestic availability of sustainable raw materials for textile and non-woven applications.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on origin, product, and application.
Origin Insights:
The report has provided a detailed breakup and analysis of the market based on the origin. This includes virgin, recycled, and blended.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes solid and hollow.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes automotive, home furnishing, apparel, filtration, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Origins Covered | Virgin, Recycled, Blended |
Products Covered | Solid and Hollow |
Applications Covered | Automotive, Home Furnishing, Apparel, Filtration, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |