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2021
Global Recycled Textiles Market

Global Recycled Textiles Market by Type (Recycled Cotton, Recycled Wool, Recycled Polyester, Recycled Nylon, and Others), and End-user Industry (Automotive, Retail, Mining, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A05736
Pages: 194
Feb 2021 | 13323 Views
   
Author(s) : Yamini Parihar , Eswara Prasad
Tables: 91
Charts: 45
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Recycled Textiles Market Outlook - 2027

The global recycled textiles market size was valued at $5.6 billion in 2019 and is anticipated to generate $7.6 billion by 2027. The market is projected to experience growth at a CAGR of 3.6% from 2020 to 2027.

The COVID-19 pandemic had a deep impact on the recycled textiles market as international trade bans and lock-downs were imposed, however, the market is expected to show a recovery in a year.

Recycled textile is obtained through recycling and recovering of old clothing and waste fibrous materials through several treatments. Recyclable textiles are mostly found in municipal waste from sources such as old or discarded clothes, tires, footwear, carpets, furniture, and non-durable goods such as sheets and towels. The use of recycled textiles reduces pressure on virgin resources such as wool & cotton, pollution, and water & energy consumption.

Recycled-Textiles-Market-2020-2027

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The low cost of recycled products in comparison to virgin products is also expected to boost the overall growth of the recycled textiles market. However, increase in processing cost combined with low-quality job offerings hampers the recycled textiles market growth. Meanwhile, the development in recycling technologies is anticipated to provide growth opportunities for the recycled textile industry.

The recycled textiles market is segmented into type, end-user industry, and region. Depending on type, it is segmented into recycled cotton, recycled wool, recycled polyester, recycled nylon, and others. On the basis of end-user industry, it is divided into automotive, retail, mining, building & construction, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).

Recycled Textiles Market, by Type 

Recycled polyester segment garnered the largest market share in 2019 owing to its properties such as durable, chemicals resistant, resistant to stretching, and easy to dye. While recycled nylon segment is expected to grow at the fastest rate during the forecast period owing to its properties such as high elasticity, high strength, high moisture regaining ability, and wrinkle-resistance. Moreover, recycling of nylon offers less energy consumption, waste water savings, and CO2 emission reduction benefits, which foster the demand for recycled nylon. 

Global Recycled Textiles Market
By Type

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Recycled Nylon is projected as the most lucrative segment.

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Recycled Textiles Market, by End-user Industry

Retail segment dominated the market in 2019 owing to the proliferating demand for customized low-cost apparels. However, the automotive segment is expected to grow at the fastest rate during the forecast period. Increase in demand for cost-effective textiles from automotive industry. In addition, surge in penetration of recycled textiles in enhancing aesthetic appearance in automotive interiors is also one of contributing factors toward the segment’s growth.

Global Recycled Textiles Market
By End-User Industry

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Automotive is projected as the most lucrative segment.

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Recycled Textiles Market, by Region

The recycled textiles market was dominated by Asia-Pacific. This is due to the demand for recycled textile products from emerging economies such as China, India, Australia, and South Korea in this region. North America is expected to grow fastest during the forecast period owing to presence of organizations that collects waste clothing and then either subjecting them to re-use or recycle. Moreover, growth in awareness among the government and consumers regarding harmful consequences have shifted the market inclination toward recycling the textiles acting as driving factor.

Global Recycled Textiles Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

North America is projected as the most lucrative market.

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Key Benefits For Stakeholders

  • The report provides an in-depth analysis and recycled textiles market forecast along with the current and future market trends.
  • This report highlights the key drivers, opportunities, and restraints of the recycled textiles market along with the impact analyses during the forecast period.
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the recycled textiles industry for strategy building.
  • A comprehensive analysis of the factors that drive and restrain the recycled textiles market growth is provided.
  • The qualitative data in this report aims on recycled textiles market trends, dynamics, and developments.
  • The recycled textiles market size is provided in terms of revenue.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable recycled textiles market share.

Key Market Segments

  • By Type
    • Recycled Cotton
    • Recycled Wool
    • Recycled Polyester
    • Recycled Nylon
    • Others
  • By End Use Industry
    • Automotive
    • Retail
    • Mining
    • Building & Construction
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • South Africa
      • Rest of LAMEA


Key Market Players

  • KHALOOM TEXTILES INDIA PVT. LTD.
  • MARTEX FIBER SOUTHERN CORP.
  • RE:NEWCELL AB
  • ANANDI ENTERPRISES
  • GEBRUEDER OTTO GMBH & CO. KG
  • LEIGH FIBERS INC.
  • HYOSUNG
  • KISHCO PVT. LTD.
  • USHA YARNS LTD.
  • CHINDI
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Parent/peer market overview
3.4.Key forces shaping global recycled textile market
3.5.Pricing analysis
3.6.Value chain analysis
3.7.Impact of government rules and regulations
3.8.Patent analysis
3.9.Market dynamics

3.9.1.Drivers

3.9.1.1.Reduced CO2 emissions and water & energy consumption
3.9.1.2.Rise in awareness amongst consumers and manufacturers

3.9.2.Restraint

3.9.2.1.High processing cost and lower quality of recycled textile

3.9.3.Opportunity

3.9.3.1.Technological advancements in recycling process

3.10.Impact of COVID-19 on the recycled textiles market

CHAPTER 4:RECYCLED TEXTILE MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Recycled cotton

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region

4.3.Recycled wool

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region

4.4.Recycled polyester (rPET)

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region

4.5.Recycled nylon

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region

4.6.Others

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region

CHAPTER 5:RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY

5.1.Overview

5.1.1.Market size and forecast

5.2.Automotive

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.3.Retail

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region

5.4.Mining

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region

5.5.Building & Construction

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region

CHAPTER 6:RECYCLED TEXTILE MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by end-user industry
6.2.4.Market share analysis, by country

6.2.4.1.U.S.

6.2.4.1.1.Market size and forecast, by type
6.2.4.1.2.Market size and forecast, by end-user industry

6.2.4.2.Canada

6.2.4.2.1.Market size and forecast, by type
6.2.4.2.2.Market size and forecast, by end-user industry

6.2.4.3.Mexico

6.2.4.3.1.Market size and forecast, by type
6.2.4.3.2.Market size and forecast, by end-user industry

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market size and forecast, by end-user industry
6.3.4.Market share analysis, by country

6.3.4.1.Germany

6.3.4.1.1.Market size and forecast, by type
6.3.4.1.2.Market size and forecast, by end-user industry

6.3.4.2.France

6.3.4.2.1.Market size and forecast, by type
6.3.4.2.2.Market size and forecast, by end-user industry

6.3.4.3.UK

6.3.4.3.1.Market size and forecast, by type
6.3.4.3.2.Market size and forecast, by end-user industry

6.3.4.4.Italy

6.3.4.4.1.Market size and forecast, by type
6.3.4.4.2.Market size and forecast, by end-user industry

6.3.4.5.Spain

6.3.4.5.1.Market size and forecast, by type
6.3.4.5.2.Market size and forecast, by end-user industry

6.3.4.6.Rest of Europe

6.3.4.6.1.Market size and forecast, by type
6.3.4.6.2.Market size and forecast, by end-user industry

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market size and forecast, by end-user industry
6.4.4.Market share analysis, by country

6.4.4.1.China

6.4.4.1.1.Market size and forecast, by type
6.4.4.1.2.Market size and forecast, by end-user industry

6.4.4.2.Japan

6.4.4.2.1.Market size and forecast, by type
6.4.4.2.2.Market size and forecast, by end-user industry

6.4.4.3.India

6.4.4.3.1.Market size and forecast, by type
6.4.4.3.2.Market size and forecast, by end-user industry

6.4.4.4.Australia

6.4.4.4.1.Market size and forecast, by type
6.4.4.4.2.Market size and forecast, by end-user industry

6.4.4.5.South Korea

6.4.4.5.1.Market size and forecast, by type
6.4.4.5.2.Market size and forecast, by end-user industry

6.4.4.6.Rest of Asia-Pacific

6.4.4.6.1.Market size and forecast, by type
6.4.4.6.2.Market size and forecast, by end-user industry

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market size and forecast, by end-user industry
6.5.4.Market share analysis, by country

6.5.4.1.Brazil

6.5.4.1.1.Market size and forecast, by type
6.5.4.1.2.Market size and forecast, by end-user industry

6.5.4.2.Saudi Arabia

6.5.4.2.1.Market size and forecast, by type
6.5.4.2.2.Market size and forecast, by end-user industry

6.5.4.3.South Africa

6.5.4.3.1.Market size and forecast, by type
6.5.4.3.2.Market size and forecast, by end-user industry

6.5.4.4.Rest of LAMEA

6.5.4.4.1.Market size and forecast, by type
6.5.4.4.2.Market size and forecast, by end-user industry

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction
7.2.Market player positioning, 2019
7.3.Top winning strategies

7.3.1.Top winning strategies, by year
7.3.2.Top winning strategies, by development
7.3.3.Top winning strategies, by company

7.4.Product mapping of top 10 player
7.5.Competitive heatmap
7.6.Key developments

7.6.1.New product launches
7.6.2.Business expansions
7.6.3.Partnership

CHAPTER 8:COMPANY PROFILES

8.1.KHALOOM TEXTILES INDIA PVT. LTD.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio

8.2.MARTEX FIBER SOUTHERN CORP.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.2.4.Key strategic moves and developments

8.3.RE:NEWCELL AB

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio
8.3.4.Key strategic moves and developments

8.4.ANANDI ENTERPRISES

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio

8.5.GEBRUEDER OTTO GMBH & CO. KG

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio

8.6.LEIGH FIBERS INC.

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio

8.7.HYOSUNG

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance

8.8.KISHCO PVT. LTD.

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio

8.9.USHA YARNS LTD.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio

8.10.CHINDI

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio

LIST OF TABLES

TABLE 01.PRICING ANALYSIS OF GLOBAL RECYCLED TEXTILE MARKET, BY REGION 2018-2026
TABLE 02.GLOBAL RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 03.RECYCLED TEXTILE MARKET FOR RECYCLED COTTON, BY REGION, 2018–2027 ($MILLION)
TABLE 04.RECYCLED TEXTILE MARKET FOR RECYCLED WOOL, BY REGION, 2018–2027 ($MILLION)
TABLE 05.RECYCLED TEXTILE MARKET FOR RECYCLED POLYESTER, BY REGION, 2018–2027 ($MILLION)
TABLE 06.RECYCLED TEXTILE MARKET FOR RECYCLED NYLON, BY REGION, 2018–2027 ($MILLION)
TABLE 07.RECYCLED TEXTILE MARKET FOR OTHERS, BY REGION, 2018–2027 ($MILLION)
TABLE 08.GLOBAL RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 09.RECYCLED TEXTILE MARKET FOR AUTOMOTIVE, BY REGION, 2018–2027 ($MILLION)
TABLE 10.RECYCLED TEXTILE MARKET FOR RETAIL, BY REGION, 2018–2027 ($MILLION)
TABLE 11.RECYCLED TEXTILE MARKET FOR MINING, BY REGION, 2018–2027 ($MILLION)
TABLE 12.RECYCLED TEXTILE MARKET FOR BUILDING & CONSTRUCTION, BY REGION, 2018–2027 ($MILLION)
TABLE 13.RECYCLED TEXTILE MARKET FOR OTHERS, BY REGION, 2018–2027 ($MILLION)
TABLE 14.RECYCLED TEXTILE MARKET, BY REGION, 2018-2026 ($MILLION)
TABLE 15.NORTH AMERICA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 16.NORTH AMERICA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 17.NORTH AMERICA RECYCLED TEXTILE MARKET, BY COUNTRY, 2018–2027 ($MILLION)
TABLE 18.U.S. RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 19.U.S. RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 20.CANADA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 21.CANADA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 22.MEXICO RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 23.MEXICO RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 24.EUROPE RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 25.EUROPE RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 26.EUROPE RECYCLED TEXTILE MARKET, BY COUNTRY, 2018–2027 ($MILLION)
TABLE 27.GERMANY RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 28.GERMANY RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 29.FRANCE RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 30.FRANCE RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 31.UK RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 32.UK RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 33.ITALY RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 34.ITALY RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 35.SPAIN RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 36.SPAIN RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 37.REST OF EUROPE RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 38.REST OF EUROPE RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 39.ASIA-PACIFIC RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 40.ASIA-PACIFIC RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 41.ASIA-PACIFIC RECYCLED TEXTILE MARKET, BY COUNTRY, 2018–2027 ($MILLION)
TABLE 42.CHINA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 43.CHINA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 44.JAPAN RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 45.JAPAN RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 46.INDIA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 47.INDIA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 48.AUSTRALIA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 49.AUSTRALIA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 50.SOUTH KOREA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 51.SOUTH KOREA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 52.REST OF ASIA-PACIFIC RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 53.REST OF ASIA-PACIFIC RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 54.LAMEA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 55.LAMEA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 56.LAMEA RECYCLED TEXTILE MARKET, BY COUNTRY, 2018–2027 ($MILLION)
TABLE 57.BRAZIL RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 58.BRAZIL RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 59.SAUDI ARABIA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 60.SAUDI ARABIA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 61.SOUTH AFRICA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 62.SOUTH AFRICA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 63.REST OF LAMEA RECYCLED TEXTILE MARKET, BY TYPE, 2018–2027 ($MILLION)
TABLE 64.REST OF LAMEA RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2018–2027 ($MILLION)
TABLE 65.KEY NEW PRODUCT LAUNCHES (2016-2019)
TABLE 66.KEY BUSINESS EXPANSIONS (2016-2019)
TABLE 67.PARTNERSHIP (2016-2019)
TABLE 68.KHALOOM: COMPANY SNAPSHOT
TABLE 69.KHALOOM: PRODUCT PORTFOLIO
TABLE 70.MARTEX: COMPANY SNAPSHOT
TABLE 71.MARTEX: PRODUCT PORTFOLIO
TABLE 72.MARTEX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 73.RENEWCELL: COMPANY SNAPSHOT
TABLE 74.RENEWCELL: PRODUCT PORTFOLIO
TABLE 75.RENEWCELL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 76.ANANDI: COMPANY SNAPSHOT
TABLE 77.ANANDI: PRODUCT PORTFOLIO
TABLE 78.OTTO: COMPANY SNAPSHOT
TABLE 79.OTTO: PRODUCT PORTFOLIO
TABLE 80.LEIGH: COMPANY SNAPSHOT
TABLE 81.LEIGH: PRODUCT PORTFOLIO
TABLE 82.HYOSUNG: COMPANY SNAPSHOT
TABLE 83.HYOSUNG: OPERATING SEGMENTS
TABLE 84.HYOSUNG: PRODUCT PORTFOLIO
TABLE 85.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 86.KISHCO: COMPANY SNAPSHOT
TABLE 87.KISHCO: PRODUCT PORTFOLIO
TABLE 88.USHA YARNS: COMPANY SNAPSHOT
TABLE 89.USHA YARNS: PRODUCT PORTFOLIO
TABLE 90.CHINDI: COMPANY SNAPSHOT
TABLE 91.CHINDI: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY REGION
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.PARENT/PEER MARKET OVERVIEW
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.PRICING ANALYSIS OF GLOBAL RECYCLED TEXTILE MARKET, BY TYPE 2018-2026
FIGURE 12.VALUE CHAIN ANALYSIS RECYCLED TEXTILES
FIGURE 13.PATENT ANALYSIS RECYCLED COTTON (2000-2020)
FIGURE 14.PATENT ANALYSIS RECYCLED WOOL (2000-2020)
FIGURE 15.PATENT ANALYSIS RECYCLED POLYESTER (2000-2020)
FIGURE 16.PATENT ANALYSIS RECYCLED NYLON
FIGURE 17.RECYCLED TEXTILE MARKET DYNAMICS
FIGURE 18.GLOBAL RECYCLED TEXTILE MARKET, BY TYPE, 2019–2027 ($MILILION)
FIGURE 19.GLOBAL RECYCLED TEXTILE MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILILION)
FIGURE 20.U.S. RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 21.CANADA RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 22.MEXICO RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 23.GERMANY RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 24.FRANCE RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 25.UK RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 26.ITALY RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 27.SPAIN RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 28.REST OF EUROPE RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 29.CHINA RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 30.JAPAN RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 31.INDIA RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 32.AUSTRALIA RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 33.SOUTH KOREA RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 34.REST OF ASIA-PACIFIC RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 35.BRAZIL RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 36.SAUDI ARABIA RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 37.SOUTH AFRICA RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 38.REST OF LAMEA RECYCLED TEXTILE MARKET REVENUE, 2018–2027 ($MILLION)
FIGURE 39.MARKET PLAYER POSITIONING, 2019
FIGURE 40.TOP WINNING STRATEGIES, BY YEAR, 2016–2020
FIGURE 41.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2020 (%)
FIGURE 42.TOP WINNING STRATEGIES, BY COMPANY, 2016–2020
FIGURE 43.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 44.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 45.HYOSUNG: REVENUE, 2017–2019 ($MILLION)

 
 

There is an increase in the global adoption of textile with rise in population. With this, there is also an increase in the waste generation through industrial and post-consumer owing to availability of cheaper and lower quality apparels. According to Environment Protection Agency (EPA), 16.9 million tons of textile was generated in 2017, globally. A small part of textiles entered re-use market and rest ended up either in landfills, recycling, composting, and combusting with energy recovery. According to EPA, the recycling rate for textiles in 2017 was 15.2%. The recycled textiles include cotton, wool, nylon, polyester silk, or asbestos. The recycled polyester experienced a rise by 58% in 2015. Moreover, a total of 7% of total polyester produced comes from recycled polyester. The lower cost of recycled textile drives the market growth. Moreover, benefits such as waste water saving and energy saving act as market drivers. However, lack of equipment, lack of consumer awareness, and higher processing cost are the factors that hamper the market growth. Meanwhile, developments in recycling technologies and processes is anticipated to offer lucrative growth opportunities for the recycled textile industry. However, the impact from the pandemic was major in the year 2020 and thus, the recovery for the same will need around a year. This recovery will witness innovative solutions that will be more nature-friendly. This is attributed to the fact that during the pandemic the interconnection between the business, people and nature was very clear and thus the industry players are seeking for ways that are more environment friendly.

 

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A. The key factor driving recycled textile market are increased demand from retail and automotive industry.

A. Market share for recycled textile in 2019 was $5.6 billion.

A. The market is consolidated on nature and big corporations are focusing towards ways to reduce carbon emissions, recycling textiles being one of them by preventing them from ending up in landfills or incineration.

A. North America is expected to provide more business opportunities for recycled textile market in future.

A. The key growth strategies are business expansion, product launch, and partnership.

A. The leading players in the recycled textile market are Renewcell AB, Hyosung TNC Co. Ltd., Martex Fiber, Otto Garne, and Leigh Fibers Inc.

A. Recycled polyester held the maximum market share of recycled textile market.

A. The potential customers of recycled textile industry are automotive manufacturer, retail & fashion enterprises, and protective gear manufacturer.

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