Europe Textile Recycling Market Report 2021-2026: Industry Trends, Share, Size, Growth, Opportunity and Forecast
According to the latest report by IMARC Group, titled “Europe Textile Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the europe textile recycling market is currently witnessing steady growth. Looking forward, the market is expected to witness stable growth during the forecast period (2021-2026).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Textile recycling involves reprocessing and reusing scraps, fibrous waste materials, old clothing, etc. These materials consist of discarded furniture, tires, clothes, carpets, footwear, or other non-durable goods. Textile recycling offers various 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.
The elevating environmental concerns towards industrial discharges from clothing factories that are dependent on raw fabrics are driving the Europe textile recycling market. Furthermore, the growing production of polyester and synthetic fabrics is resulting in high greenhouse gas emissions, which is escalating the need for recycled materials. Additionally, several recycling organizations are introducing attractive cloth bins across public places to collect post-consumer clothing materials. Moreover, various technological innovations have led to the rising penetration of automated recycling machinery, which is further contributing to the market growth. Apart from this, the emergence of eco-clothes made from recycled textiles, plastics, and other organic raw materials is expected to fuel the market growth over the forecasted period.
Europe Textile Recycling Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the europe textile recycling market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the europe textile recycling market on the basis of product type, textile waste, distribution channel, end use and region.
Breakup by Product Type:
- Cotton Recycling
- Wool Recycling
- Polyester & Polyester Fibre Recycling
- Nylon & Nylon Fibre Recycling
- Others
- Pre-consumer Textile
- Post-consumer Textile
- Online Channel
- Retail & Departmental Stores
- Apparel
- Industrial
- Home Furnishings
- Non-woven
- Others
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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