Market Overview 2022-2027:
The Asia Pacific textile recycling market size reached US$ 1.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2 Billion by 2027, exhibiting a growth rate (CAGR) of 3.16% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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.
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 at the regional and country level from 2022-2027. Our report has categorized the market based on 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 Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Billion |
Segment Coverage |
Product Type, Textile Waste, Distribution Channel, End Use, Country |
Countries Covered |
China, Japan, India, South Korea, Australia, Indonesia, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
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?