According to the latest report from the IMARC group, “European Textile Recycling Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecasts 2022-2027‘ provides a comprehensive analysis of the industry, including insights on the European textile recycling market statistics. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market.
Let’s take a closer look at the size of the textile recycling market in Europe. 2022
The textile recycling market in Europe will reach USD 1,445 million in 2021. Going forward, IMARC Group expects the market to reach US$1.646 billion by 2027 and show a growth rate (CAGR) of 2.2% between 2022 and 2027. increase.
European Textile Recycling Market by Product Type, Textile Waste, Distribution Channel, End-Use and Country – Industry Revenue and Forecast 2022-2027
Textile recycling includes the reprocessing and reuse of scraps, fibrous waste and used clothing. These materials consist of discarded furniture, tires, clothing, carpets, footwear, or other non-durable items. Textile recycling offers a variety of economic and environmental benefits, including curtailment of chemical dyes, optimal energy and water consumption, minimization of land and water pollution, and reduced reliance on virgin fibres.
European Textile Recycling Market and Demographic Analysis | Celent 2022
Growing environmental concerns over industrial waste from garment factories that rely on raw materials are driving the textile recycling market in Europe. Additionally, increased production of polyester and synthetic fibers is increasing greenhouse gas emissions, increasing the need for recycled materials. Additionally, several recycling organizations have introduced attractive cloth bins in public places to collect used clothing items. , further contributing to the growth of the market. Apart from this, the emergence of eco-garments made from recycled textiles, plastics, and other organic raw materials is expected to boost the market growth during the forecast period.
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Europe Textile Recycling Market 2022-2027 Competitive Analysis and Segmentation:
Competitive environment with major players:
The competitive landscape of the European Textile Recycling Market is studied in the report along with detailed profiles of the key players operating in the market.
Market Segmentation of the European Textile Recycling Market:
The report segments the European textile recycling market on the basis of product type, textile waste, distribution channel, end-use and region.
Based on product type:
- cotton recycling
- wool recycling
- Recycling of polyester and polyester fibers
- Recycling Nylon and Nylon Fibers
- others
Based on textile waste:
- pre-consumer textiles
- used fiber
Based on distribution channel:
- online channel
- retail and department stores
Based on end use:
- clothes
- industrial
- household goods
- non-woven fabric
- others
Based on country:
- Germany
- France
- England
- Italy
- Spain
- others
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Key highlights of the report:
- Market Performance (2016-2021)
- Market outlook (2022-2027)
- Market trend
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Comprehensive mapping of the competitive landscape
If you require specific information not currently included in the scope of the report, we will provide it as part of your customization.
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