Recycled Textile Market, By Material Type (Polyester, Cotton, Nylon, Wool, Viscose Rayon, and Others), By Textile Waste Source (Post-consumer, Pre-consumer/Post-industrial, Production Overruns, Pullouts, Export Seconds, and Others), By End-use Industry (A
Recycled Textile Market, By Material Type (Polyester, Cotton, Nylon, Wool, Viscose Rayon, and Others), By Textile Waste Source (Post-consumer, Pre-consumer/Post-industrial, Production Overruns, Pullouts, Export Seconds, and Others), By End-use Industry (Apparel, Home Furnishings, Automotive, Industrial, and Others), By Recycling Method (Mechanical, Chemical, Thermal, and Others), By Distribution Channel (Online, Retail Stores, Specialty Stores, Department Stores, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
The textile industry has been undergoing a significant transformation in recent years, with an increasing focus on sustainability and environmental responsibility. One of the key developments in this regard is the growing popularity of recycled textiles. Recycled textiles are created by repurposing used garments and fabrics, thereby reducing waste and minimizing the need for new raw materials.
There are several ways in which recycled textiles can be created. One common method is mechanical recycling, which involves shredding and re-spinning fibers from used clothing and fabrics to create new yarns. Another method is chemical recycling, which involves breaking down the fibers of used textiles into their chemical components and then using those components to create new fibers.
Market Dynamics:
The recycled textile market growth is propelled by several factors. Firstly, there is a growing demand for sustainable and eco-friendly products among environmentally-conscious consumers. As awareness about the harmful effects of fast fashion and textile waste increases, consumers are actively seeking out recycled textile options. Furthermore, government initiatives and regulations promoting sustainability are driving the adoption of recycled textiles. Many countries have implemented regulations and policies that incentivize or mandate the use of recycled materials in various industries including textiles. On the other hand, the recycled textile market also faces certain challenges. One of the major restraints is the limited availability of raw materials for recycling. As the demand for recycled textiles grows, ensuring a steady supply of used garments and fabrics becomes crucial.
However, this challenge presents an opportunity for market players to invest in the recycling infrastructure and develop innovative solutions for sourcing and processing raw materials. Additionally, the growing popularity of online platforms for buying and selling second-hand clothing is expected to boost the availability of materials for recycling.
Key Features of the Study:
This report provides in-depth analysis of the global recycled textile market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global recycled textile market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Unifi, Martex Fiber, Renewcell, Lone Star Textiles, Retex Textiles, Leigh Fibers, Prokotex, Santanderina Group, and Kirklees Wools
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global recycled textile market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global recycled textile market
Recycled Textile Market Detailed Segmentation:
By Material Type
Polyester
Cotton
Nylon
Wool
Viscose Rayon
Others
By Textile Waste Source
Post-consumer
Pre-consumer/Post-industrial
Production Overruns
Pullouts
Export Seconds
Others
By End-use Industry
Apparel
Home Furnishings
Automotive
Industrial
Others
By Recycling Method
Mechanical
Chemical
Thermal
Others
By Distribution Channel
Online
Retail Stores
Specialty Stores
Department Stores
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players
Unifi
Martex Fiber
Renewcell
Lone Star Textiles
Retex Textiles
Leigh Fibers
Prokotex
Santanderina Group
Kirklees Wools
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Recycled Textile Market, By Material Type
Recycled Textile Market, By Textile Waste Source
Recycled Textile Market, By End-use Industry
Recycled Textile Market, By Recycling Method
Recycled Textile Market, By Distribution Channel
Recycled Textile Market, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Growing environmental concerns
High costs and complex processes
New product development
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Recycled Textile Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Recycled Textile Market, By Material Type, 2018-2030, (US$ Bn)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Polyester
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Cotton
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Nylon
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Wool
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Viscose Rayon
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)