Europe Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Europe Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A4039
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Market Overview:

The Europe textile recycling market size reached US$ 1,445 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,646 Million by 2027, exhibiting a growth rate (CAGR) of 2.2% 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 refers to a process of reprocessing and reusing scraps, old clothing, and fibrous waste materials. It offers various economic and environmental benefits, such as optimum consumption of water and energy, minimizing dependence on virgin fibers and chemical dyes, and reducing water and land pollution. It is extensively being used across Europe as it is an effective method for sustainable development.

The increasing consciousness among individuals about reusing and recycling old clothes on account of rising environmental concerns represents one of the primary factors strengthening the growth of the market in Europe. Moreover, various recycling companies are taking initiatives such as introducing door-to-door pickup programs. This, in confluence with automation in the recycled textile industry, is catalyzing the demand for textile recycling in the region. Apart from this, the European Commission recently launched Textile for Textile (T4T), an eco-friendly initiative that has resulted in the introduction of near-infrared (NIR)-spectroscopy technology to perform automated sorting applications. Furthermore, the escalating demand for eco-clothes that are made up of recycled textiles, plastics, and other organic raw materials is helping in waste reduction and impelling the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe 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:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • 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$ Million
Segment Coverage Product Type, Textile Waste, Distribution Channel, End Use, Country
Countries Covered Germany, France, United Kingdom, Italy, Spain, 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 Europe 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 Europe 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 Europe textile recycling market and who are the key players?
  • What is the degree of competition in the industry?

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Europe Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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