Middle East and Africa 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 Middle East and Africa is expected to grow from US$ 403.85 million in 2019 to US$ 608.73 million by 2027; it is estimated to grow at a CAGR of 5.4% from 2020 to 2027.
South Africa, Saudi Arabia, UAE, and Rest of MEA are the major economies in Middle East and Africa. Rapid growth of the retail and automotive industry will boost its demand in the market. Textile and apparel retail industries are considered to be one of the fastest-growing industries, which significantly contribute towards the growth of the economy. The move towards worldwide retailing or remote shopping has driven the growth of fashion, textiles, and apparel industries, enabling customers to increasingly demand textile products. For instance, during the last 15 years, the production clothing for retail purposes have nearly doubled which is attributable to shift in consumer lifestyle coupled with increase in disposable income and rise in per capita sales in developing and developed economies. Further, the rise in foreign direct investments by leading manufacturers across emerging economies is also stipulating the demand for better form of textile products. All such factor has resulted in growth of retail industry in clothing and textile sector. The growth of these sectors is expected to generate more textile wastes, thereby, generating the demand for recycling of textile. Apart from clothing and apparel industries, automotive industry is also expected to positively influence market demand for recycled textile. The growth of automotive industry along with increased focus towards aesthetics of passenger vehicle and increased consumer spending towards vehicle appeal are altogether generating the demand for automotive textile products such as seat belt, nylon tyre cord, upholstery, car seat and body covers, automotive carpets, sunvisors/sunblinds and airbags and others. It has led to increased amount of automotive textile waste which generates the needs to be recycled. Thus all these factors are expected to positively impact its market growth.
Saudi Arabia has the largest COVID-19 cases in the Middle East and Africa region, and is followed by South Africa and UAE, among others. UAE was the first country in Middle East and Africa to report a confirmed case of coronavirus.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors the Middle East and Africa recycled textile market is expected to grow at a good CAGR during the forecast period.
Middle East and Africa Recycled textile Market Revenue and Forecast to 2027 (US$ Mn)
Middle East and Africa Recycled textile Market Segmentation
Middle East and Africa Recycled textile Market – By Type
- Recycled Cotton
- Recycled Wool
- Recycled Polyester
- Recycled Nylon
- Others
Middle East and Africa Recycled textile Market – By End- user Industry
- Automotive
- Retail
- Mining
- Others
Middle East and Africa Recycled textile Market, by Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Middle East and Africa Recycled textile Market-Companies Mentioned
- Kishco Group
- Anandi Enterprises
- Hyosung Corporation
- Leign Fibers Inc.
- Martex Fiber Southern Corporation
- 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 MEA PEST Analysis
4.3 Expert Opinion
5. Recycled Textiles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Concerns Related to Disposal of Textile Waste
5.1.2 Rapid Growth of the Retail and Automotive Industry
5.2 Market Restraints
5.2.1 High Processing 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– Middle East and Africa Market Analysis
6.1 Recycled Textile Market Overview
6.2 Middle East and Africa Recycled Textiles Market–Revenue and Forecast to 2027 (US$ Mn)
7. Recycled Textile Market Analysis – By Type
7.1 Overview
7.2 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa: Recycled Textile Market, by Key Country
9.1.1.1 South Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.1.1 South Africa: Recycled Textile Market, by Type
9.1.1.1.2 South Africa: Recycled Textile Market, by End-User Industry
9.1.1.2 Saudi Arabia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.2.1 Saudi Arabia: Recycled Textile Market, by Type
9.1.1.2.2 Saudi Arabia: Recycled Textile Market, by End-User Industry
9.1.1.3 U.A.E: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.3.1 U.A.E: Recycled Textile Market, by Type
9.1.1.3.2 U.A.E: Recycled Textile Market, by End-User Industry
9.1.1.4 Rest of Middle East and Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.4.1 Rest of Middle East and Africa: Recycled Textile Market, by Type
9.1.1.4.2 Rest of Middle East and Africa: Recycled Textile Market, by End-User Industry
10. Impact of COVID-19 Pandemic on Middle East and Africa Recycled Textile Market
10.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Key Company Profiles
11.1 Kishco Group
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Anandi Enterprises
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Hyosung Corporation
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Leign Fibers Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 Martex Fiber Southern Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Boer Group
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Middle East and Africa Recycled Textiles Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. South Africa: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 3. South Africa: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 4. Saudi Arabia: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 5. Saudi Arabia: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 6. U.A.E: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 7. U.A.E: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 8. Rest of Middle East and Africa: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 9. Rest of Middle East and Africa: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 10. Glossary of Terms, Middle East and Africa Recycled Textile Market
LIST OF FIGURES
Figure 1. Recycled Textiles Market Segmentation
Figure 2. Recycled Textiles Market Segmentation – By Country
Figure 3. Middle East and Africa Recycled Textiles Market Overview
Figure 4. Recycled Polyester Segment Held Largest Share of Middle East and Africa Recycled Textiles Market
Figure 5. Rest of MEA Country Held Largest Share of Middle East and Africa Recycled Textiles Market
Figure 6. Middle East and Africa Recycled Textiles Market, Industry Landscape
Figure 7. MEA PEST Analysis
Figure 8. Expert Opinion
Figure 9. Middle East and Africa Impact Analysis of Drivers and Restraints
Figure 10. Middle East and Africa Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. Middle East and Africa Recycled Textiles Market Revenue Share, by Type (2019 and 2027)
Figure 12. Middle East and Africa Recycled Cotton: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 13. Middle East and Africa Recycled Wool: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 14. Middle East and Africa Recycled Polyester: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 15. Middle East and Africa Recycled Nylon: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 16. Middle East and Africa Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 17. Middle East and Africa Recycled Textiles Market Revenue Share, by End User Industry (2019 and 2027)
Figure 18. Middle East and Africa Automotive: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Middle East and Africa Retail: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Middle East and Africa Mining: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Middle East and Africa Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 22. Middle East and Africa: Recycled Textile Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. South Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 24. Saudi Arabia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 25. U.A.E: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 26. Rest of Middle East and Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Some of the leading companies are
- Kishco Group
- Anandi Enterprises
- Hyosung Corporation
- Leign Fibers Inc.
- Martex Fiber Southern Corporation
- Boer Group
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East and Africa Recycled Textile market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa Recycled Textile market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East and Africa market trends and outlook coupled with the factors driving the Recycled Textile market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.