India Textile Recycling Market Size, Business Opportunity and Future Demand by 2028 | IMARC Group

According to the latest report by IMARC Group, titled "India Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The India textile recycling market size reached US$ 308.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 375.0 Million by 2028, exhibiting a growth rate (CAGR) of 3.4% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Textile recycling refers to the process of recovering and reprocessing waste clothing scraps and fibrous materials into useful products. Discarded pieces of clothing are gathered from different sources and then sorted and processed depending upon their composition, condition, and resale value. Textile recycling offers several ecological and economic benefits, such as reducing land and water pollution and dependence on raw materials, along with significantly minimizing the cost of waste disposal. This, in turn, ensures environmental sustainability, and therefore, recycled textile products are widely being preferred across various industries for several applications.

Request for a free sample copy of this report: https://www.imarcgroup.com/india-textile-recycling-market/requestsample

Market Trends:

The emerging trend of sustainable fashion due to rising environmental concerns represents the key factor driving the India textile recycling market growth. The increasing demand for apparel with greater ecological integrity, along with the rising awareness regarding the detrimental effects of producing new clothes on the environment, is further facilitating the adoption of textile recycling across the country. Other than this, various companies and non-governmental organizations (NGOs) are undertaking initiatives to promote textile recycling in the country. These include door-to-door clothes pickup programs and the installation of collection bins in public places, which is creating a positive outlook for the market. Additionally, market players are continuously investing in research and development (R&D) activities to improve recycling techniques and introduce solutions to cope with the increasing textile waste. This, in turn, is acting as another major growth-inducing factor in the India textile recycling market. 

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 India
West and Central India
South India
East India

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=4042&flag=C

Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Other Trending Reports By IMARC Group:

In-App Advertising Market: https://www.digitaljournal.com/pr/news/imarc/in-app-advertising-market-size-is-likely-to-reach-a-valuation-of-around-us-407-7-billion-by-2028

Dairy Processing Equipment Market: https://www.digitaljournal.com/pr/news/imarc/dairy-processing-equipment-market-to-worth-us-15-6-billion-by-2028-with-a-striking-6-94-cagr-imarc-group

Help Desk Outsourcing Market: https://www.digitaljournal.com/pr/news/imarc/with-8-35-cagr-help-desk-outsourcing-market-growth-to-surpass-us-13-62-billion-till-2023-28

Conveyor Belt Market: https://www.digitaljournal.com/pr/news/imarc/conveyor-belt-market-2023-2028-growth-size-8-0-billion-industry-trends-top-companies-global-report

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: sales@imarcgroup.com

Follow us on Twitter: @imarcglobal

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.