Press release
Textile Recycling Market Reached a value of US$ 5.02 Billion By 2021, Exhibiting at a CAGR of 2.6% during 2022-2027
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The increasing consumer awareness regarding the detrimental impact of waste incineration has encouraged the recycling of old clothes, which represents one of the key factors primarily driving the market growth. Apart from this, the emergence of eco-clothes and the increasing automation in the recycled textile industry are factors providing a considerable boost to the market growth. The key players are also actively working to collect post-consumer clothing materials by placing attractive cloth bins at public parks and other such spaces, which is creating a positive outlook for the market.
Textile Recycling Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global textile recycling market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape with Key Players:
Anandi Enterprises
American Textile Recycling
Boer Group Recycling Solutions
I: Collect
Infinited Fiber Company
Patagonia
Prokotex
Pure Waste Textiles
Retex Textiles Inc.
Unifi Inc.
Key Market Segmentation:
The report has segmented the global textile recycling market on the basis of product type, textile waste, distribution channel, end use and region.
Breakup by Product Type:
Cotton Recycling
Wool Recycling
Polyester & Polyester Fibre Recycling
Nylon & Nylon Fibre Recycling
Others
Breakup by Textile Waste:
Pre-consumer Textile
Post-consumer Textile
Breakup by Distribution Channel:
Online Channel
Retail & Departmental Stores
Breakup by End Use:
Apparel
Industrial
Home Furnishings
Non-woven
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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