India Textile Recycling Market 2021: Industry Trends, Size, Share, Growth and Forecast 2026
According to the latest report by IMARC Group, titled “India Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market is projected to experience steady growth during the forecast period (2021-2026).
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.
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.
India Textile Recycling 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.
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India Textile Recycling Market 2021-2026 Analysis and Segmentation:
The report has segmented on the basis of product type, textile waste, distribution channel, end use, region.
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
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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