The recycled textile market was valued at US$ 5,855.39 million in 2019 and is projected to reach US$ 9,365.04 million by 2027; it is expected to grow at a CAGR of 6.2% from 2020 to 2027.
Recycled textile is old clothing or other unused textile that can be recovered for reuse or material recovery. In recent years, there have been rising concerns related to the disposal of textile waste across the globe which may negatively impact the environment. The demand for recycled textile is rising across the globe with a surge in demand from several end use industries including garments, fabrics automotive and others. Manufacturers recycle the used textile into better product, which could be used across diversified end use industries, have adopted several technologies. The recycling of resources can mainly be done with the help of thermal, mechanical and chemical techniques.
Europe has become a significant Recycled Textile market for the recycled textile on account of rising government initiatives in the region. Moreover, the growing demand of recycled textile products among the automotive industry provides a lucrative opportunity for the recycled textile market players operating in the market. Increase in the purchasing power coupled with changing lifestyle is one of the major driving factors for textile market growth in Europe region. In Europe nearly 15% of consumer-used clothing is recycled, while more than 75% of pre-use clothing is recycled by the manufacturers for industrial uses. The demand for the recycled textile in the Europe is growing at a highest pace over the past few years. The recycled textile producers are focusing on countries such as Germany, United Kingdom etc. which has led to a huge demand for recycled textile in the Europe region. Rising consumer focus towards a circular textiles economy is also expected to boost the market growth in the region to a greater extent.
The US, Brazil, India, Russia, South Africa, Mexico, Spain, and the UK are among the most affected countries in terms of confirmed cases and reported deaths as of August 2020. COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global chemical and materials industry are one of the major industries suffering serious disruptions such as supply chain breaks, disruptions in manufacturing due to COVID-19 outbreak. For instance, China is the global hub of manufacturing and the largest raw material supplier for various industries. The lockdown of various plants and factories in China and leading regions such as Asia Pacific and Europe are affecting the global supply chains and negatively impacting the manufacturing, delivery schedules, and sales of various goods. All these factors have greatly affected the global recycled textile market.
Global Recycled Textile Market
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Market Insights
Rising Concerns Related to Disposal of Textile Waste
The textile manufacturing mechanism is considered to be one of the chemical intensive processes which generate a high volume of textile waste throughout its operations. The textile waste may be segregated into two groups, pre-consumer textile waste and post-consumer textile. The rise in amount of textile waste creates a burden on environment and generates the problem of effective disposal or incineration on existing landfills. According to an estimate, approximately 10–20% of all unused textile products are considered to be wasted. For instance, according to US EPA, in 2015, a total of 15.75 million tons of textiles were generated as municipal solid waste, of which 19% were incinerated, while 65 percent, ended in landfills. Further, a report by U.S. Environmental Protection Agency suggests that production and disposal of textiles results into greenhouse gas emissions. Further, the process of incineration emits organic substances such as heavy metals, dioxins, acidic gases and dust particles, which are considered as harmful to both humans and the environment. Also, the disposing of residual ash has also become a serious issue as it also contains a high concentration of toxic material. Hence, it is quite imperative to effectively manage of textile waste through reuse or recycling methods, which could promote environment sustainability. Under such situations, recycling of textile waste is considered to be a viable alternative, which helps to reduce burden on natural resource, minimizes the need for landfill space and helps in saving energy. Moreover, the stringent government legislations regulating the effective management of textile waste are potentially aimed to promote the use of textile recycling as a sustainable alternative to treat the impending problem related to waste.
Type Insights
Based on type, the recycled textile market is segmented into recycled cotton, recycled wool, recycled polyester, recycled nylon, and others. The recycled nylon segment is expected to grow at fastest growth rate during the forecast period of 2019-2027. Recycled nylon is made from industrial plastics, waste fibers, discards from weaving mills, and post-consumer fishing nets. They are regenerated into new nylon, which has the same quality as that of virgin nylon. Nylon bags, nylon fabrics, and nylon carpets are also converted into recycled nylon for further use. A large proportion of the recycled nylon comes from the fishing nets. It acts as a great solution to divert ocean garbage. Recycling nylon is an expensive process as compared to nylon, but it offers many environmental benefits. By recycling nylon, one can eliminate discards and reduce the amount of greenhouse gas emissions from manufacturing. It lessens the dependence on petroleum as a raw material source. Using recycled nylon also helps in promoting new recycling streams for nylon products that are no longer in use. Most mechanically recycled materials are melted at high temperatures that end up destroying contaminants and transform the materials into reusable forms. Nylon melts at low temperatures while recycling, leaving the contaminants behind. Therefore, nylon requires to be carefully cleaned before recycling.
End-User Industry Insights
Based on end-user industry, the recycled market is segmented into automotive, retail, mining and others. The automotive segment is expected to grow at fastest growth rate during the forecast period of 2019-2027. Recycled textiles used in the automotive industry and have a large contribution in the production of automobile components. The use of recycled textiles in automotive applications includes visible components like floor coverings, upholstery, safety belts, and not visible to viewers recycled textiles like tubes and tapes, tyre cord, airbags components, and fibers. Recycled textiles are used in automotive industry owing to their tensile strength, abrasion, air permeability, compression resistance, elasticity, ease of cleaning, flame resistance and resistance to dynamic climatic conditions. Recycled cotton is used in seat stuffing or automotive insulation.
Global Recycled Textile Market, by Type– 2019 & 2027
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Recycled Textile Market: Strategic Insights
Market Size Value in US$ 5,855.39 Million in 2019 Market Size Value by US$ 9,365.04 Million by 2027 Growth rate CAGR of 6.2% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Recycled Textile Market: Strategic Insights
| Market Size Value in | US$ 5,855.39 Million in 2019 |
| Market Size Value by | US$ 9,365.04 Million by 2027 |
| Growth rate | CAGR of 6.2% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Anandi Enterprises, Chindi, Khaloom Textile India Pvt. Ltd., Kishco Group, amongst others are the key players present in the global recycled textile market. These companies are implementing new product development and mergers and acquisition strategies to enlarge the customer base and gain significant market share across the world, which, in turn permit the players to maintain their brand name globally.
Report Spotlights
- Progressive industry trends in the global recycled textile market help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global recycled textile market from 2017 to 2027
- Estimation of global recycled textile demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and global recycled textile demand
- Market trends and outlook coupled with factors driving and restraining the growth of the global recycled textile market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global recycled textile market growth
- Global recycled textile market size at various nodes of market.
- Detailed overview and segmentation of the global recycled textile market, as well as its dynamics in the industry
- Global recycled textile market size in various regions with promising growth opportunities
Global Recycled Textile Market, by Type
- Recycled Cotton
- Recycled Wool
- Recycled Polyester
- Recycled Nylon
- Others
Global Recycled Textile Market, by End-User Industry
- Automotive
- Retail
- Mining
- Others
Company Profiles
- Anandi Enterprises
- Chindi
- Khaloom Textile India Pvt. Ltd.
- Kishco Group
- Usha Yarns Limited
- Hyosung Corporation
- Leigh Fibers Inc.
- Martex Fiber Southern Corporation
- Renewcell AB
- Boer Group
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , End-user Industry and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The major players operating in the global recycled textile market are companies such as Gebrueder Otto Gmbh and Co. kg, Leigh Fibers Inc., Martex Fiber Southern Corp, Re NewcellAB, and Khaloom Textiles India Pvt. Ltd.
During the forecast period, Asia Pacific is anticipated to account for the largest share in the global recycled textile market, followed by Europe. The largest market share of the Asia Pacific region is primarily attributable to the growth of recycled textile market in China and the country currently holds 28.0% market share in Asia Pacific region. Fashion is the second most polluting industry in operation internationally, and the increasing pollution concerns in China has also influenced the recycled textile industry in the country. Rapid urbanization coupled with shift in lifestyle and rise in disposable income amongst consumer have altogether driven the demand for textile, leading to rise in amount of textile waste in the region. Hence, recycling of textile waste has been adopted as a suitable alternative amongst developed and developing economies of the region to keep in line with objective of environment sustainability.
On the basis of type, the recycled textiles market is categorized into recycled cotton, recycled wool, recycled polyester, recycled nylon and others. In 2019, the recycled polyester segment dominated the market by accounting for 33.0% of the total market share. Over the period of the time, it has been observed that the consumption of polyester has been increased, which has perpetually increased the amount of waste. This propels the need to recycle polyester which helps to save energy and promote environment sustainability. Further, the textile produced from recycled polyester has the potential of being recycled repeatedly without posing any effect on the quality of the material. Also, the use of recycled polyester eliminates the dependency on petroleum as a raw material for the manufacture of fabrics. The manufactures involved in the business of recycled textiles mainly use closed-loop processes to refine old polyester into raw materials used for the production of new garments and other items.
Based on end user industry, the global recycled textiles market is segmented into automotive, retail, mining and others. The worldwide production of apparel and textile fibers has increased, owing to the tremendous rise in the global population. This has resulted in the generation of a high amount of textile wastes. In order to ensure sustainability and reduce the environmental impact, the textile and retail sectors have resorted to the recycling of textiles, which is a method of reusing and reprocessing used clothing, fibrous material, and clothing scraps from the manufacturing processes. Unwearable textiles are treated as damaged textiles and are processed in the factories as rags. The rags are collected and sent to the flocking and wiping industries.
The recycled nylon emerged as the fastest growing segment in the global market. Recycled nylon is made from industrial plastics, waste fibers, discards from weaving mills, and post-consumer fishing nets. They are regenerated into new nylon, which has the same quality as that of virgin nylon. Nylon bags, nylon fabrics, and nylon carpets are also converted into recycled nylon for further use. A large proportion of the recycled nylon comes from the fishing nets. It acts as a great solution to divert ocean garbage.
Rising concerns related to the disposal of textile waste across the globe which may negatively impact the environment. The textile manufacturing mechanism is considered to be one of the chemical-intensive processes which generate a high volume of textile waste throughout its operations. The textile waste may be segregated into two groups, pre-consumer textile waste and post-consumer textile. The rise in amount of textile waste creates a burden on environment and generates the problem of effective disposal or incineration on existing landfills. According to an estimate, approximately 10–20% of all unused textile products are considered to be wasted. For instance, according to US EPA, in 2015, a total of 15.75 million tons of textiles were generated as municipal solid waste, of which 19% were incinerated, while 65 percent, ended in landfills.
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 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia-Pacific PEST Analysis
4.2.4 MEA PEST Analysis
4.2.5 SAM 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 ofthe 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– Global Market Analysis
6.1 Recycled Textile Market Overview
6.2 Recycled Textiles Market–Revenue and Forecast to 2027 (US$ Mn)
6.3 Competitive Positioning – Key Market Players
7. Recycled Textile Market Analysis – By Type
7.1 Overview
7.2 Recycled Textiles Market, By Type (2018 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 Recycled Textiles Market, By End User Industry (2018 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 – Geographic Analysis
9.1 Overview
9.2 North America: Recycled Textile Market
9.2.1 North America: Recycled Textile Market –Revenue, and Forecast to 2027(US$ Mn)
9.2.2 North America: Recycled Textile Market, by Type
9.2.3 North America: Recycled Textile Market, by End-User Industry
9.2.4 North America: Recycled Textile Market, by Key Country
9.2.4.1 US: Recycled Textile Market–Revenue, and Forecast to 2027 (US$ Mn)
9.2.4.1.1 US: Recycled Textile Market, by Type
9.2.4.1.2 US: Recycled Textile Market, by End-User Industry
9.2.4.2 Canada: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.2.4.2.1 Canada: Recycled Textile Market, by Type
9.2.4.2.2 Canada: Recycled Textile Market, by End-User Industry
9.2.4.3 Mexico: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.2.4.3.1 Mexico: Recycled Textile Market, by Type
9.2.4.3.2 Mexico: Recycled Textile Market, by End-User Industry
9.3 Europe: Recycled Textile Market
9.3.1 Europe: Recycled Textile Market –Revenue, and Forecast to 2027 (US$ Mn)
9.3.2 Europe: Recycled Textile Market, by Type
9.3.3 Europe: Recycled Textile Market, by End-User Industry
9.3.4 Europe: Recycled Textile Market, by Key Country
9.3.4.1 Germany: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.3.4.1.1 Germany: Recycled Textile Market, by Type
9.3.4.1.2 Germany: Recycled Textile Market, by End-User Industry
9.3.4.2 France: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.3.4.2.1 France: Recycled Textile Market, by Type
9.3.4.2.2 France: Recycled Textile Market, by End-User Industry
9.3.4.3 Italy: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.3.4.3.1 Italy: Recycled Textile Market, by Type
9.3.4.3.2 Italy: Recycled Textile Market, by End-User Industry
9.3.4.4 United Kingdom: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.3.4.4.1 United Kingdom: Recycled Textile Market, by Type
9.3.4.4.2 United Kingdom: Recycled Textile Market, by End-User Industry
9.3.4.6 Rest of Europe: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.3.4.6.1 Rest of Europe: Recycled Textile Market, by Type
9.3.4.6.2 Rest of Europe: Recycled Textile Market, by End-User Industry
9.4 Asia-Pacific: Recycled Textile Market
9.4.1 Asia-Pacific: Recycled Textile Market –Revenue, and Forecast to 2027 (US$ Mn)
9.4.2 Asia-Pacific: Recycled Textile Market, by Type
9.4.3 Asia-Pacific: Recycled Textile Market, by End-User Industry
9.4.4 Asia-Pacific: Recycled Textile Market, by Key Country
9.4.4.1 Australia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.4.4.1.1 Australia: Recycled Textile Market, by Type
9.4.4.1.2 Australia: Recycled Textile Market, by End-User Industry
9.4.4.2 China: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.4.4.2.1 China: Recycled Textile Market, by Type
9.4.4.2.2 China: Recycled Textile Market, by End-User Industry
9.4.4.3 India: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.4.4.3.1 India: Recycled Textile Market, by Type
9.4.4.3.2 India: Recycled Textile Market, by End-User Industry
9.4.4.4 Japan: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.4.4.4.1 Japan: Recycled Textile Market, by Type
9.4.4.4.2 Japan: Recycled Textile Market, by End-User Industry
9.4.4.5 South Korea: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.4.4.5.1 South Korea: Recycled Textile Market, by Type
9.4.4.5.2 South Korea: Recycled Textile Market, by End-User Industry
9.4.4.6 Rest of Asia-Pacific: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.4.4.6.1 Rest of Asia-Pacific: Recycled Textile Market, by Type
9.4.4.6.2 Rest of Asia-Pacific: Recycled Textile Market, by End-User Industry
9.5 Middle East and Africa: Recycled Textile Market
9.5.1 Middle East and Africa: Recycled Textile Market –Revenue, and Forecast to 2027 (US$ Mn)
9.5.2 Middle East and Africa: Recycled Textile Market, by Type
9.5.3 Middle East and Africa: Recycled Textile Market, by End-User Industry
9.5.4 Middle East and Africa: Recycled Textile Market, by Key Country
9.5.4.1 South Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.5.4.1.1 South Africa: Recycled Textile Market, by Type
9.5.4.1.2 South Africa: Recycled Textile Market, by End-User Industry
9.5.4.2 Saudi Arabia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.5.4.2.1 Saudi Arabia: Recycled Textile Market, by Type
9.5.4.2.2 Saudi Arabia: Recycled Textile Market, by End-User Industry
9.5.4.3 U.A.E: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.5.4.3.1 U.A.E: Recycled Textile Market, by Type
9.5.4.3.2 U.A.E: Recycled Textile Market, by End-User Industry
9.5.4.4 Rest of Middle East and Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.5.4.4.1 Rest of Middle East and Africa: Recycled Textile Market, by Type
9.5.4.4.2 Rest of Middle East and Africa: Recycled Textile Market, by End-User Industry
9.6 SAM: Recycled Textile Market
9.6.1 SAM: Recycled Textile Market – Revenue and Forecast to 2027 (US$ Mn)
9.6.2 SAM: Recycled textile Market, by Type
9.6.3 SAM: Recycled textile Market, by End User industry
9.6.4 SAM: Recycled textile Market, by Key Country
9.6.4.1 Brazil: Recycled textile Market – Revenue and Forecast to 2027 (US$ Mn)
9.6.4.1.1 Brazil: Recycled textile Market, by Types
9.6.4.1.2 Brazil: Recycled textile Market, by End User industry
9.6.4.2 Argentina: Recycled textile Market – Revenue and Forecast to 2027 (US$ Mn)
9.6.4.2.1 Argentina: Recycled textile Market, by Types
9.6.4.2.2 Argentina: Recycled textile Market, by End User industry
9.6.4.3 Rest of SAM: Recycled textile Market – Revenue and Forecast to 2027 (US$ Mn)
9.6.4.3.1 Rest of SAM: Recycled textile Market, by Types
9.6.4.3.2 Rest of SAM: Recycled textile Market, by End User industry
10. Overview- Impact of COVID-19
11. Impact of COVID-19 Pandemic on Global Recycled Textile Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.5 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Merger and Acquisition
12.2 Market Initiative
12.3 New Product Development
12.4 Investment Scenario
12.5 Others
13. Key Company Profiles
13.1 Chindi
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.2 Khaloom Textile India Pvt. Ltd.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Kishco Group
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.4 Usha Yarns Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Anandi Enterprises
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Hyosung Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Leign Fibers Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Martex Fiber Southern Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Renewcell AB
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Boer Group
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Recycled Textiles Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America: Recycled Textile Market, by Type– Revenue and Forecast to 2027 (US$ Mn)
Table 3. North America: Recycled Textile Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Mn)
Table 4. US: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 5. US: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 6. Canada: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 7. Canada: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 8. Mexico: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 9. Mexico: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 10. Europe: Recycled Textile Market, by Type – Revenue and Forecast to 2027 (US$ Mn)
Table 11. Europe: Recycled Textile Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Mn)
Table 12. Germany: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 13. Germany: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 14. France: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 15. France: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 16. Italy: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 17. Italy: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 18. United Kingdom: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 19. United Kingdom: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 20. Russia: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 21. Russia: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 22. Rest of Europe: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 23. Rest of Europe: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 24. Asia-Pacific: Recycled Textile Market, by Type – Revenue and Forecast to 2027 (US$ Mn)
Table 25. Asia-Pacific: Recycled Textile Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Mn)
Table 26. Australia: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 27. Australia: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 28. China: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 29. China: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 30. India: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 31. India: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 32. Japan: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 33. Japan: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 34. South Korea: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 35. South Korea: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 36. Rest of Asia-Pacific: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 37. Rest of Asia-Pacific: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 38. Middle East and Africa: Recycled Textile Market, by Type – Revenue and Forecast to 2027 (US$ Mn)
Table 39. Middle East and Africa: Recycled Textile Market, by End-User Industry – Revenue and Forecast to 2027 (US$ Mn)
Table 40. South Africa: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 41. South Africa: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 42. Saudi Arabia: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 43. Saudi Arabia: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 44. U.A.E: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 45. U.A.E: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 46. Rest of Middle East and Africa: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 47. Rest of Middle East and Africa: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 48. SAM Recycled Textile Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 49. SAM Recycled Textile Market, by End User industry – Revenue and Forecast to 2027 (USD Mn)
Table 50. Brazil Recycled Textile Market, by Types – Revenue and Forecast to 2027 (USD Mn)
Table 51. Brazil Recycled Textile Market, by End User industry – Revenue and Forecast to 2027 (USD Mn)
Table 52. Argentina Recycled Textile Market, by Types – Revenue and Forecast to 2027 (USD Mn)
Table 53. Argentina Recycled Textile Market, by End User industry – Revenue and Forecast to 2027 (USD Mn)
Table 54. Rest of SAM Recycled Textile Market, by Types – Revenue and Forecast to 2027 (USD Mn)
Table 55. Rest of SAM Recycled Textile Market, by End User industry – Revenue and Forecast to 2027 (USD Mn)
Table 56. Glossary of Terms, Global Recycled Textile Market
LIST OF FIGURES
Figure 1. Recycled Textiles Market Segmentation
Figure 2. Recycled Textiles Market Segmentation – By Geography
Figure 3. Global Recycled Textiles Market Overview
Figure 4. Recycled Polyester Segment Held Largest Share of Global Recycled Textiles Market
Figure 5. Asia Pacific Region Held Largest Share of Global Recycled Textiles Market
Figure 6. Global Recycled Textiles Market, Industry Landscape
Figure 1. North America PEST Analysis
Figure 2. Europe PEST Analysis
Figure 3. Asia-Pacific PEST Analysis
Figure 4. MEA PEST Analysis
Figure 5. SAM PEST Analysis
Figure 6. Expert Opinion
Figure 7. Impact Analysis of Drivers and Restraints
Figure 8. Geographic Overview of Recycled Textile Market
Figure 9. Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 10. Recycled Textiles Market Revenue Share, by Type (2018 and 2027)
Figure 11. Recycled Cotton: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 12. Recycled Wool: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 13. Recycled Polyester: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 14. Recycled Nylon: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 15. Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 16. Recycled Textiles Market Revenue Share, by End User Industry (2018 and 2027)
Figure 17. Automotive: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 18. Retail: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Mining: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 21. Global Recycled Textile Market Revenue Share, by Region (2018 and 2027)
Figure 22. North America: Recycled Textile Market– Revenue and Forecast to 2027 (US$ Mn)
Figure 23. North America: Recycled Textile Market Revenue Share, by Type (2018 and 2027)
Figure 24. North America: Recycled Textile Market Revenue Share, by End-User Industry (2018 and 2027)
Figure 25. North America: Recycled Textile Market Revenue Share, by Key Country (2018 and 2027)
Figure 26. US: Recycled Textile Market–Revenue, and Forecast to 2027 (US$ Mn)
Figure 27. Canada: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 28. Mexico: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 29. Europe: Recycled Textile Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Europe: Recycled Textile Market Revenue Share, by Type (2018 and 2027)
Figure 31. Europe: Recycled Textile Market Revenue Share, by End-User Industry (2018 and 2027)
Figure 32. Europe: Recycled Textile Market Revenue Share, by Key Country (2018 and 2027)
Figure 33. Germany: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 34. France: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 35. Italy: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 36. United Kingdom: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 37. Russia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 38. Rest of Europe: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 39. Asia-Pacific: Recycled Textile Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 40. Asia-Pacific: Recycled Textile Market Revenue Share, by Type (2018 and 2027)
Figure 41. Asia-Pacific: Recycled Textile Market Revenue Share, by End-User Industry (2018 and 2027)
Figure 42. Asia-Pacific: Recycled Textile Market Revenue Share, by Key Country (2018 and 2027)
Figure 43. Australia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 44. China: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 45. India: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 46. Japan: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 47. South Korea: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 48. Rest of Asia-Pacific: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 49. Middle East and Africa: Recycled Textile Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 50. Middle East and Africa: Recycled Textile Market Revenue Share, by Type (2018 and 2027)
Figure 51. Middle East and Africa: Recycled Textile Market Revenue Share, by End-User Industry (2018 and 2027)
Figure 52. Middle East and Africa: Recycled Textile Market Revenue Share, by Key Country (2018 and 2027)
Figure 53. South Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 54. Saudi Arabia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 55. U.A.E: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 56. Rest of Middle East and Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 57. SAM: Recycled Textile Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 58. SAM: Recycled textile Market Revenue Share, by Type (2019 and 2027)
Figure 59. SAM: Recycled textile Market Revenue Share, by End User industry (2019 and 2027)
Figure 60. SAM: Recycled textile Market Revenue Share, by Key Country (2019 and 2027)
Figure 61. Brazil: Recycled textile Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 62. Argentina: Recycled textile Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 63. Rest of SAM: Recycled textile Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 64. Impact of COVID-19 Pandemic in North American Country Markets
Figure 65. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 66. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 67. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 68. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Recycled Textile Market
- Chindi
- Khaloom Textile India Pvt. Ltd
- Kishco Group
- Usha Yarns Limited
- Anandi Enterprise
- Boer Group
- Hyosong Corporation
- Leigh Fibers Inc.
- Martex Fiber Southern Corporation
- Renewcell AB
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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