The Textile Recycling Market 2024 Report makes available the current and future technical and financial analysis of the industry. It is one of the most comprehensive and important additions to the USD Analytics Market archive of market research studies. It offers detailed research and analysis of key aspects of the global Textile Recycling market. This global report explores the key factors affecting the growth of the dynamic Textile Recycling market, including the demand-supply scenario, pricing structure, profit margins, SWOT, and value chain analysis.
Global Textile Recycling Market Size is valued at $7.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 6.9% to reach $13 Billion by 2032.
Key Players in This Report Include:
Birla Cellulose, BLS Ecotech, Ecotex Group, Hyosung Group, iinouiio Ltd, Lenzing Group, Martex Fiber, Pistoni S.r.l., RE TEXTIL Deutschland GmbH., RenewCell, Textile Recycling International, The Boer Group, The Woolmark Company, Unifi Inc, Worn again technologies
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Textile Recycling Market Overview in 2024
The Textile Recycling Market is expanding as environmental concerns and regulatory measures around waste reduction gain momentum. Recycling textiles helps reduce the pressure on landfills, save raw materials, and minimize pollution. The market is driven by growing awareness about sustainable fashion, circular economy principles, and the increasing cost of virgin textile materials. Segments such as post-consumer and post-industrial textile waste are being processed to create new products, including fibers, insulation, and geotextiles. However, challenges such as contamination of recycled textiles and the high costs of recycling infrastructure are barriers. Advances in textile sorting technologies and government incentives are expected to bolster the market.
Market Segmentation and Scope:
By Material (Cotton, Polyester, Wool, Polyamide, Others), By Source (Apparel Waste, Home Furnishing Waste, Automotive Waste, Others), By Process (Mechanical, Chemical)
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The report covers the competitive analysis of the market. The report identifies the most promising growth opportunities across the 6 regions and 24 countries. This section exclusively shares insight into the growth strategies of the largest market share holders helping key players and new entrants understand the investment potential in the Global Textile Recycling Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.
Regional Analysis:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Furthermore, the years considered for the study are as follows:
Historical year – 2018-2023
Base year – 2023
Forecast period – 2024 to 2032
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Major Highlights of TOC:
Chapter 1: Overview of the Global Textile Recycling Market in 2024
1.1 Textile Recycling Industry Analysis
1.2 Key Companies and Product Profiles
1.3 Textile Recycling Market Segments
1.4 Industry Value Chain Analysis
1.5 Market Dynamics- Trends, Drivers, and Opportunities
1.6 Pricing Analysis
1.7 Porter’s Five Forces Analysis
1.8 SWOT Profile
1.9 Macro-Economic and Demographic Impact Analysis
1.10 Scenario Analysis
Chapter 2: Global Textile Recycling Demand Forecasts
2.1 Overview of the Segment
2.2 Global Historic Textile Recycling Market Size (2018-2023) by Types, Applications, and Other Segments
2.3 Global Forecast Textile Recycling Market Size (2024-2032) by Types, Applications, and Other Segments
Chapter 3: Segment-wise Textile Recycling Market Forecasts
3.1 Key Market Segments
3.2 Premium Insights- Largest Types, Applications and Segments
3.3 Premium Insights- Most Lucrative Types, Applications, and Segments
Chapter 4: Textile Recycling Market Outlook by Country
4.1 Textile Recycling Market by Regions
4.2 Textile Recycling Market Revenue Share by Region
4.3 North America (US, Canada, Mexico)
4.4 Europe (Germany, UK, France, Spain, Italy, Russia, Others)
4.5 Asia Pacific (China, Japan, India, South Korea, Australia, South East Asia, Others)
4.6 Latin America (Brazil, Argentina, Chile, Others)
4.7 Middle East and Africa (Saudi Arabia, UAE, Qatar, South Africa, Nigeria, Egypt, Others)
Player Analysis in Chapter Five
5.1 Players’ Market Share Analysis (2023)
5.2 Regional Market Concentration Rates
5.3 Business Profiles, SWOT Analysis, Financial Details, Product Portfolio of Companies
……….continued
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