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According to the latest report by IMARC Group, titled “India Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the india textile recycling market size reached US$ 296.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 365.3 Million by 2027, exhibiting a growth rate (CAGR) of 3.6% during 2022-2027.
Textile recycling is the method of reusing and reprocessing scraps, fibrous waste materials, fabric, etc. These materials consist of discarded clothes, carpets, footwear, furniture, tires, and other non-durable goods. Textile recycling offers numerous economic and environmental benefits, such as curbing chemical dyes, optimum energy and water consumption, minimizing land and water pollution, reducing dependence on virgin fibers, etc.
Request Free Sample Report: https://www.imarcgroup.com/india-textile-recycling-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The increasing environmental concerns towards the emission of greenhouse gases during the production of synthetic and polyester fabrics are driving the India textile recycling market. In addition to this, the rising demand for recycled textiles to minimize waste incineration, heavy industrial discharges from textile mills, depletion of raw materials, etc., is also propelling the market growth. Furthermore, various recycling companies and non-government organizations (NGOs) are undertaking numerous initiatives to promote textile recycling in the country. Some of these initiatives include door-to-door pickup of old garments and the installation of cloth collection bins across public places. Besides this, the introduction of eco-clothes made out of recycled textiles, plastics, and other organic raw materials is expected to fuel the market for textile recycling in India over the coming years.
Breakup by Product Type:
- Cotton Recycling
- Wool Recycling
- Polyester & Polyester Fibre Recycling
- Nylon & Nylon Fibre Recycling
- Others
Breakup by Textile Waste:
- Pre-consumer Textile
- Post-consumer Textile
Breakup by Distribution Channel:
- Online Channel
- Retail & Departmental Stores
Breakup by End Use:
- Apparel
- Industrial
- Home Furnishings
- Non-woven
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-textile-recycling-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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