
Recycled Textile Market
Description
Recycled Textile Market, 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 (nline, Retail Stores, Specialty Stores, Department Stores, Others), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
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.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 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, I:CO, Renewcell, Lone Star Textiles, Retex Textiles, Leigh Fibers, Prokotex, Santanderina Group, 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
- 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
- Company Profiles
- Unifi
- Martex Fiber
- I:CO
- Renewcell
- Lone Star Textiles
- Retex Textiles
- Leigh Fibers
- Prokotex
- Santanderina Group
- Kirklees Wools
Table of Contents
140 Pages
Pricing
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