Asia Pacific Textile Recycling Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase 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.

Asia Pacific Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Asia Pacific textile recycling market is currently witnessing moderate growth. Textile recycling assists in reusing and reprocessing old clothes, scraps, and fibrous waste materials. It helps reduce land and water pollution, minimize dependence on virgin fibers, and optimize the consumption of energy and water. As a result, it finds extensive application in apparel, automotive, construction, mining, and retail sectors across the Asia Pacific region.

The rising demand for recycled textiles on account of the increasing environmental concerns among individuals represents one of the primary factors propelling the growth of the market in the Asia Pacific region. Besides this, on account of their comfort and associated benefits, there is a significant shift towards home textiles. This is offering lucrative opportunities to leading players operating in the industry. However, the market is experiencing a negative impact due to the surging cases of coronavirus disease (COVID-19) and lockdown restrictions imposed by governing agencies of various countries in the region to prevent the spread of the pandemic and promote social distancing measures. The market is anticipated to recover once lockdown relaxations and normalcy are introduced. Looking forward, the market is projected to experience steady growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific textile recycling market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, textile waste, distribution channel and end use.

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 Country:

China
Japan
India
South Korea
Australia
Indonesia
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverages:

Report Features	Details
Base Year of the Analysis	2020
Historical Period	2015-2020
Forecast Period	2021-2026
Units	US$ Million
Segment Coverage	Product Type, Textile Waste, Distribution Channel, End Use, Country
Countries Covered	China, Japan, India, South Korea, Australia, Indonesia
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Asia Pacific textile recycling market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Asia Pacific textile recycling market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the textile waste?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Asia Pacific textile recycling market and who are the key players?
What is the degree of competition in the industry?