Textile Industry Waste Management Market 2024-2028
The textile industry waste management market is forecasted to grow by USD 2.32 bn during 2023-2028, accelerating at a CAGR of 11.57% during the forecast period. The report on the textile industry waste management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness about sustainability and environmental protection, increasing regulations and laws related to waste management, and growing demand for eco-friendly and recycled textile products from consumers.
Technavio's textile industry waste management market is segmented as below:
By Application
- Wastewater treatment equipment
- Water purifier
By Service Type
- Landfill
- Open dumping
- Incineration
- Recycling
- Composting and anaerobic digestion
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the integration of ai and iot enabling better monitoring and reduction of textile waste as one of the prime reasons driving the textile industry waste management market growth during the next few years. Also, adoption of circular economy models leading to recycling and reuse of textile waste and use of biodegradable and compostable materials in textile production minimizes waste ge will lead to sizable demand in the market.
The report on the textile industry waste management market covers the following areas:
- Textile industry waste management market sizing
- Textile industry waste management market forecast
- Textile industry waste management market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading textile industry waste management market vendors that include Aditya Birla Management Corp. Pvt. Ltd., American Waste and Textile LLC, BLS Ecotech Ltd., Boer Group, Evrnu Inc., FABSCRAP, Fibershed, Hyosung TNC Corp., Infinited Fiber Co., Lenzing AG, Pistoni Srl, Pure Waste Textiles Oy, Re NewCell AB, Recover Textile Systems S.L, Remondis SE and Co. KG, SAAHAS WASTE MANAGEMENT Pvt. Ltd., TEXAID Textilverwertungs AG, Unifi Inc., Veolia Environnement SA, and Worn Again Technologies. Also, the textile industry waste management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.