Market Overview:

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. 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 the method of reprocessing and reusing fibrous waste materials, scraps, and old clothes. The most common sources of these materials are carpets, discarded clothes, tires, furniture, footwear, and other non-durable goods like sheets and towels. Textile recycling offers economic and environmental benefits, such as preventing the use of chemical dyes, reducing water and land pollution, and minimizing dependence on virgin fibers. As a result, it finds extensive application in various end-use industries across India.

Rising environmental concerns, in confluence with the escalating demand for recycled textiles to reduce waste incineration, depletion of raw materials and heavy industrial discharges from textile mills, represent one of the primary factors bolstering the market growth in India. Moreover, various recycling companies, along with non-government organizations (NGOs), are undertaking initiatives to promote textile recycling in the country. However, the outbreak of the coronavirus disease (COVID-19) and subsequent lockdown restrictions imposed by the Government of India has halted operations temporarily. The market in the country is anticipated to recover once normalcy is regained.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India textile recycling market report, along with forecasts at the country and regional 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 Region:

• North India
• West and Central India
• South India
• East India
   

Competitive Landscape:

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

Report Coverage:

Key Questions Answered in This Report:

• How has the India 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 India 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 India textile recycling market and who are the key players?
• What is the degree of competition in the industry?