Global Clothing and Textile Recycling Market Growth Analysis By 2019-2025; Key Players Patagonia, USAgain, Eros Polyfab, Soex West Textile Recyling USA, North American Recycled Clothing LLC. Carolina Textile Recycling, Trans America Trading, European Text

Global Clothing and Textile Recycling Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 4.97% during the forecast period, i.e. 2017-2025.

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Clothing and Textile Recycling is the technique which is used for old clothing and textiles are recovered for reuse or material recovery. It is the basis for the textile recycling industry. Textile and clothing recycling industry has potential to grow in the coming years due to its beneficial activities for environmental, social, and economic points of view. The recycling of old clothes is called the generation technology which is helping to reduce solid waste. In 2016, the United States data show the textiles and clothing recycling industry is produced around 16 million tones municipal solid waste, its 6.1% of total municipal solid waste production.

Regional Analysis

Asia Pacific is expected to be the fastest growing and the major contributor to the market growth in the coming years. The major factors contributing to the market growth in the region are the government support, public awareness and private sector taking risk for investment in this new solid management process in the developing countries like China, and India. As well India and China has more pressure on an environment which will reflect to use new technology for solid managements that is resulted in growth market during the forecast period.

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Key Players

The Worldwide Clothing and Textile Recycling key players which are contribute to boost industry growth that are Patagonia, USAgain, Eros Polyfab, American Textile Recycling Service, Soex West Textile Recyling USA, MYKAWA North American Recycled Clothing LLC. Carolina Textile Recycling, Trans America Trading, Midlands Textile Limited, European Textile Recycling Ltd and Other.

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