Product Code: ETC212978 | Publication Date: May 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Malaysia Carpet Yarn market currently, in 2023, has witnessed an HHI of 4420, Which has decreased slightly as compared to the HHI of 4665 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The carpet yarn market in Malaysia is closely linked to the broader carpet and flooring industry. With a strong focus on domestic production, Malaysia has established itself as a significant player in the production of high-quality carpet yarn. The market outlook remains positive due to the country`s stable textile industry, technological advancements, and increasing demand for carpets in various sectors such as hospitality, residential, and commercial spaces. Sustainability and eco-friendly materials are becoming more important, driving innovation in carpet yarn production. Additionally, the global trend towards sustainable and recyclable products is expected to influence the market positively in the coming years.
The Malaysia carpet yarn market is expected to witness growth, driven by several factors. Carpet yarn is a critical component in the production of carpets and rugs, and its demand is closely linked to the construction and renovation sectors. As Malaysia continues to experience urbanization and infrastructure development, the demand for carpet yarn for commercial and residential purposes is expected to increase. Moreover, the preference for carpets with enhanced durability and aesthetics is driving the demand for high-quality carpet yarn. Manufacturers are also focusing on innovation to develop sustainable and eco-friendly yarn options, catering to the growing awareness of environmental issues among consumers. The convergence of these factors is likely to support the growth of the carpet yarn market in Malaysia.
The Malaysia carpet yarn market outlook is influenced by various challenges. Fluctuations in the prices of raw materials, such as synthetic and natural fibers used in yarn production, can impact production costs. Competition from global yarn manufacturers can also pose challenges in terms of pricing and market share. Meeting quality standards and ensuring color consistency in carpet yarn production is essential but can be technically demanding. Sustainability concerns are growing, requiring investments in eco-friendly production processes and materials. To thrive in this market, companies need to strike a balance between cost-efficiency, quality, and sustainability.
The carpet yarn market in Malaysia felt the pandemic`s impact through disruptions in the global supply chain. Many manufacturers in Malaysia import yarns from other countries, and the closure of borders and restrictions on international trade affected the availability of raw materials. This resulted in increased production costs and delayed delivery times for carpet yarns. Additionally, the uncertainty surrounding the pandemic made it challenging for businesses to plan and invest in expanding their capacities.
The carpet yarn market in Malaysia features players like Lee Swee Kiat Group and Instyle Home & Rugs, supplying high-quality yarns for carpet manufacturing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Carpet Yarn Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Carpet Yarn Market Revenues & Volume, 2020 & 2030F |
3.3 Malaysia Carpet Yarn Market - Industry Life Cycle |
3.4 Malaysia Carpet Yarn Market - Porter's Five Forces |
3.5 Malaysia Carpet Yarn Market Revenues & Volume Share, By By Type, 2020 & 2030F |
3.6 Malaysia Carpet Yarn Market Revenues & Volume Share, By By Application, 2020 & 2030F |
4 Malaysia Carpet Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Carpet Yarn Market Trends |
6 Malaysia Carpet Yarn Market, By Types |
6.1 Malaysia Carpet Yarn Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Carpet Yarn Market Revenues & Volume, By By Type, 2020-2030F |
6.1.3 Malaysia Carpet Yarn Market Revenues & Volume, By Nylon Carpet Fibers, 2020-2030F |
6.1.4 Malaysia Carpet Yarn Market Revenues & Volume, By Polyester (PET) Carpet Fibers, 2020-2030F |
6.1.5 Malaysia Carpet Yarn Market Revenues & Volume, By PTT (Triexta Polyester) Carpet Fibers, 2020-2030F |
6.1.6 Malaysia Carpet Yarn Market Revenues & Volume, By Polypropylene (Olefin) Carpet Fibers, 2020-2030F |
6.1.7 Malaysia Carpet Yarn Market Revenues & Volume, By Wool Carpet Fibers, 2020-2030F |
6.1.8 Malaysia Carpet Yarn Market Revenues & Volume, By Cotton Carpet Fibers, 2020-2030F |
6.2 Malaysia Carpet Yarn Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Carpet Yarn Market Revenues & Volume, By Commercial Use, 2020-2030F |
6.2.3 Malaysia Carpet Yarn Market Revenues & Volume, By Automotive, 2020-2030F |
6.2.4 Malaysia Carpet Yarn Market Revenues & Volume, By Industrial Use, 2020-2030F |
6.2.5 Malaysia Carpet Yarn Market Revenues & Volume, By Other, 2020-2030F |
7 Malaysia Carpet Yarn Market Import-Export Trade Statistics |
7.1 Malaysia Carpet Yarn Market Export to Major Countries |
7.2 Malaysia Carpet Yarn Market Imports from Major Countries |
8 Malaysia Carpet Yarn Market Key Performance Indicators |
9 Malaysia Carpet Yarn Market - Opportunity Assessment |
9.1 Malaysia Carpet Yarn Market Opportunity Assessment, By By Type, 2020 & 2030F |
9.2 Malaysia Carpet Yarn Market Opportunity Assessment, By By Application, 2020 & 2030F |
10 Malaysia Carpet Yarn Market - Competitive Landscape |
10.1 Malaysia Carpet Yarn Market Revenue Share, By Companies, 2023 |
10.2 Malaysia Carpet Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |