Europe Recycled Textile Market Forecast to 2027 - COVID-19 Impact and Analysis- By Type (Recycled Cotton, Recycled Wool, Recycled Polyester, Recycled Nylon, and Others), By End-user Industry (Automotive, Retail, Mining, and Others)
The recycled textile market in Europe is expected to grow from US$ 1,432.21 million in 2019 to US$ 2,313.16 million by 2027; it is estimated to grow at a CAGR of 6.3% from 2020 to 2027.
Germany, France, Italy, UK, Russia, and Rest of Europe are the major economies in Europe. Shift towards sustainability along with eco-friendly initiatives by manufacturers will boost its demand in the market. Now-a-days, sustainability is considered to be at the forefront of major strategies, initiatives and planning in the textile industry. The importance of sustainability is not just understood from ecological point of view, but also from economical aspect. In the current era, every stage in textile industry starting, i.e. from fiber production to shipping is suitably aligned with the objective of sustainability as focal point. The increased focus over ecological balance has driven the concept of the sustainable development. The future of sustainable textile is based upon its ability to minimize the use of natural resources and mobilizing the concept of reusing and recycling of products to minimize overall waste. In the textile industry, the companies are heading towards adoption of an eco-friendly and sustainable production approach by investing in better R&D activities so as to optimize resource consumption and promote environmental benefits. Further, the shift towards sustainable future coupled with eco-friendly taken by initiatives by manufacturers is altogether expected to provide opportunity for market growth. Thus all these factors are expected to positively impact its market growth.
In Europe, as per the recent data, Russia has recorded the highest number of COVID cases. Other than this, Spain, Germany, France and UK have also been hit hard and are expected to suffer an economic hit due to a lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors the Europe recycled textile market is expected to grow at a good CAGR during the forecast period.
Europe Recycled textile Market Revenue and Forecast to 2027 (US$ Mn)
Europe Recycled textile Market Segmentation
Europe Recycled textile Market – By Type
- Recycled Cotton
- Recycled Wool
- Recycled Polyester
- Recycled Nylon
- Others
Europe Recycled textile Market – By End- user Industry
- Automotive
- Retail
- Mining
- Others
Europe Recycled textile Market, by Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Recycled textile Market-Companies Mentioned
- Khaloom Textile India Pvt. Ltd.
- Kishco Group
- Anandi Enterprises
- Hyosung Corporation
- Leign Fibers Inc.
- Martex Fiber Southern Corporation
- Renewcell AB
- Boer Group
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Recycled Textiles Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
4.3 Expert Opinion
5. Recycled Textiles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Concerns Related to Disposal of Textile Waste
5.1.2 Rapid Development of the Retail and Automotive Industry
5.2 Market Restraints
5.2.1 High Manufacturing Cost and Lower Quality of Recycled Textile
5.3 Market Opportunities:
5.3.1 Shift Towards Sustainability along with Eco-friendly Initiatives by Manufacturers
5.4 Future Trends:
5.4.1 Technological Advancements in Recycling Process
5.5 Impact Analysis
6. Recycled Textile– Europe Market Analysis
6.1 Recycled Textile Market Overview
6.2 Europe Recycled Textiles Market–Revenue and Forecast to 2027 (US$ Mn)
7. Recycled Textile Market Analysis – By Type
7.1 Overview
7.2 Europe Recycled Textiles Market, By Type (2019 and 2027)
7.3 Recycled Cotton
7.3.1 Overview
7.3.1.1 Recycled Cotton: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
7.4 Recycled Wool
7.4.1 Overview
7.4.1.1 Recycled Wool: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
7.5 Recycled Polyester
7.5.1 Overview
7.5.1.1 Recycled Polyester: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
7.6 Recycled Nylon
7.6.1 Overview
7.6.1.1 Recycled Nylon: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.1.1 Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
8. Recycled Textiles Market Analysis – By End User Industry
8.1 Overview
8.2 Europe Recycled Textiles Market, By End User Industry (2019 and 2027)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Retail
8.4.1 Overview
8.4.2 Retail: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
8.5 Mining
8.5.1 Overview
8.5.2 Mining: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.1.1 Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
9. Recycled Textile Market – Country Analysis
9.1 Overview
9.1.1 Europe: Recycled Textile Market, by Key Country
9.1.1.1 Germany: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.1.1 Germany: Recycled Textile Market, by Type
9.1.1.1.2 Germany: Recycled Textile Market, by End-User Industry
9.1.1.2 France: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.2.1 France: Recycled Textile Market, by Type
9.1.1.2.2 France: Recycled Textile Market, by End-User Industry
9.1.1.3 Italy: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.3.1 Italy: Recycled Textile Market, by Type
9.1.1.3.2 Italy: Recycled Textile Market, by End-User Industry
9.1.1.4 United Kingdom: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.4.1 United Kingdom: Recycled Textile Market, by Type
9.1.1.4.2 United Kingdom: Recycled Textile Market, by End-User Industry
9.1.1.6 Rest of Europe: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.6.1 Rest of Europe: Recycled Textile Market, by Type
9.1.1.6.2 Rest of Europe: Recycled Textile Market, by End-User Industry
10. Impact of COVID-19 Pandemic on Europe Recycled Textile Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Merger and Acquisition
11.2 Market Initiative
11.3 Investment Scenario
11.4 Others
12. Key Company Profiles
12.1 Khaloom Textile India Pvt. Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Kishco Group
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 Anandi Enterprises
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hyosung Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Leign Fibers Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Martex Fiber Southern Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Renewcell AB
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 Boer Group
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Europe Recycled Textiles Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. Germany: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 3. Germany: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 4. France: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 5. France: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 6. Italy: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 7. Italy: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 8. United Kingdom: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 9. United Kingdom: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 10. Russia: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 11. Russia: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 12. Rest of Europe: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 13. Rest of Europe: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 14. Glossary of Terms, Europe Recycled Textile Market
LIST OF FIGURES
Figure 1. Europe Recycled Textiles Market Segmentation
Figure 2. Recycled Textiles Market Segmentation – By Country
Figure 3. Europe Recycled Textiles Market Overview
Figure 4. Recycled Polyester Segment Held Largest Share of Europe Recycled Textiles Market
Figure 5. Germany Country Held Largest Share of Europe Recycled Textiles Market
Figure 6. Europe Recycled Textiles Market, Industry Landscape
Figure 7. Europe PEST Analysis
Figure 8. Expert Opinion
Figure 9. Europe Impact Analysis of Drivers and Restraints
Figure 10. Europe Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. Europe Recycled Textiles Market Revenue Share, by Type (2019 and 2027)
Figure 12. Europe Recycled Cotton: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 13. Europe Recycled Wool: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 14. Europe Recycled Polyester: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 15. Europe Recycled Nylon: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 16. Europe Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 17. Europe Recycled Textiles Market Revenue Share, by End User Industry (2019 and 2027)
Figure 18. Europe Automotive: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Europe Retail: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Europe Mining: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Europe Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 22. Europe: Recycled Textile Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. Germany: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 24. France: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 25. Italy: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 26. United Kingdom: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 27. Russia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 28. Rest of Europe: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 29. Impact of COVID-19 Pandemic in Europe Country MarketsList of Companies
- Khaloom Textile India Pvt. Ltd.
- Kishco Group
- Anandi Enterprises
- Hyosung Corporation
- Leign Fibers Inc.
- Martex Fiber Southern Corporation
- Renewcell AB
- Boer Group
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Recycled Textile market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
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