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Europe Recycled Textile Market Forecast to 2027 - COVID-19 Impact and Analysis- By Type (Recycled Cotton, Recycled Wool, Recycled Polyester, Recycled Nylon, and Others), By End-user Industry (Automotive, Retail, Mining, and Others)

Code: TIPRE00017953 | Pages: 107 | Industry: Chemicals and Materials | Date: Jan 2021
Covid

Europe Recycled Textile Market Forecast to 2027 – COVID-19 Impact and Analysis- By Type (Recycled Cotton, Recycled Wool, Recycled Polyester, Recycled Nylon, and Others), By End-user Industry (Automotive, Retail, Mining, and Others)   

Number of Pages: 76

Market Introduction

Recycled textiles are old, used fabrics or other unused textiles that can be recovered for reuse with the help of various recycling techniques. Recycling of textiles is done to treat textile waste and reuse the reclaimed fibre across diversified industrial base, which helps to save natural resources and contribute to environment sustainability. In current era, they have significantly contributed to the growth of the textile recycling industry. Today sustainability has become the need for modern times. Thus, increasing concerns related to disposal of textile waste is expected to create a significant demand for recycled textile in the coming years, which is further anticipated to drive the recycled textile market.

Market Overview and Dynamics

The recycled textile market in Europe is expected to grow from US$ 1432.21 million in 2019 to US$ 2,313.16 million by 2027; it is estimated to grow at a CAGR of 6.3% from 2020 to 2027. In recent years, there have been rising concerns related to the disposal of textile waste across the globe which may negatively impact the environment. The textile manufacturing mechanism is considered to be one of the chemical-intensive processes which generate a high volume of textile waste throughout its operations. The textile waste may be segregated into two groups, pre-consumer textile waste and post-consumer textile. The rise in amount of textile waste creates a burden on environment and generates the problem of effective disposal or incineration on existing landfills. According to an estimate, approximately 10–20% of all unused textile products are considered to be wasted. Further, the process of incineration emits organic substances such as heavy metals, dioxins, acidic gases and dust particles, which are considered as harmful to both humans and the environment. Also, the disposing of residual ash has also become a serious issue as it also contains a high concentration of toxic material. This is bolstering the growth of the recycled textile market.

In Europe, as per the recent data, Russia has recorded the highest number of COVID cases. Other than this, Spain, Germany, France and UK have also been hit hard and are expected to suffer an economic hit due to a lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.

Key Market Segments

In terms of type, the recycled polyester segment accounted for the largest share of the Europe recycled textile market in 2019. Based on end-user industry, the recycled textile market is divided into automotive, retail, mining, and others. Retail is expected to be the fastest growing segment over the forecast period.  

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the recycled textile market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Khaloom Textile India Pvt. Ltd., Kishco Group, Anandi Enterprises, Hyosung Corporation, Leign Fibers Inc., Martex Fiber Southern Corporation, Renewcell AB, and Boer Group among others.

Reasons to buy report

  • Understand the Europe Recycled textile market landscape and identify market segments that are likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive market landscape in Europe
  • Efficiently plan mergers and acquisitions, and partnership deals in the Europe recycled textile market by identifying market segments with the most promising probable sales
  • Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
  • Obtain revenue forecast for market based on various segments for the period 2020-2027

Europe Recycled Textile Market Segmentation

Europe Recycled Textile Market- by Type

  • Recycled Cotton
  • Recycled Wool
  • Recycled Polyester
  • Recycled Nylon
  • Others

Europe Recycled Textile Market- by End- user Industry

  • Automotive
  • Retail
  • Mining
  • Others

Europe Recycled Textile Market- by Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Company Profiles

  • Khaloom Textile India Pvt. Ltd.
  • Kishco Group
  • Anandi Enterprises
  • Hyosung Corporation
  • Leign Fibers Inc.
  • Martex Fiber Southern Corporation
  • Renewcell AB
  • Boer Group

 

 

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           Recycled Textiles Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        Europe PEST Analysis

4.3         Expert Opinion

5.           Recycled Textiles Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Concerns Related to Disposal of Textile Waste

5.1.2        Rapid Development of the Retail and Automotive Industry

5.2         Market Restraints

5.2.1        High Manufacturing Cost and Lower Quality of Recycled Textile

5.3         Market Opportunities:

5.3.1        Shift Towards Sustainability along with Eco-friendly Initiatives by Manufacturers

5.4         Future Trends:

5.4.1        Technological Advancements in Recycling Process

5.5         Impact Analysis

6.           Recycled Textile– Europe Market Analysis

6.1         Recycled Textile Market Overview

6.2         Europe Recycled Textiles Market–Revenue and Forecast to 2027 (US$ Mn)

7.           Recycled Textile Market Analysis – By Type

7.1         Overview

7.2         Europe Recycled Textiles Market, By Type (2019 and 2027)

7.3         Recycled Cotton

7.3.1        Overview

7.3.1.1          Recycled Cotton: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

7.4         Recycled Wool

7.4.1        Overview

7.4.1.1          Recycled Wool: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

7.5         Recycled Polyester

7.5.1        Overview

7.5.1.1          Recycled Polyester: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

7.6         Recycled Nylon

7.6.1        Overview

7.6.1.1          Recycled Nylon: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

7.7         Others

7.7.1        Overview

7.7.1.1          Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

8.           Recycled Textiles Market Analysis – By End User Industry

8.1         Overview

8.2         Europe Recycled Textiles Market, By End User Industry (2019 and 2027)

8.3         Automotive

8.3.1        Overview

8.3.2        Automotive: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)

8.4         Retail

8.4.1        Overview

8.4.2        Retail: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)

8.5         Mining

8.5.1        Overview

8.5.2        Mining: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)

8.6         Others

8.6.1        Overview

8.6.1.1          Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

9.           Recycled Textile Market – Country Analysis

9.1         Overview

9.1.1        Europe: Recycled Textile Market, by Key Country

9.1.1.1          Germany: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

9.1.1.1.1          Germany: Recycled Textile Market, by Type

9.1.1.1.2          Germany: Recycled Textile Market, by End-User Industry

9.1.1.2          France: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

9.1.1.2.1          France: Recycled Textile Market, by Type

9.1.1.2.2          France: Recycled Textile Market, by End-User Industry

9.1.1.3          Italy: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

9.1.1.3.1          Italy: Recycled Textile Market, by Type

9.1.1.3.2          Italy: Recycled Textile Market, by End-User Industry

9.1.1.4          United Kingdom: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

9.1.1.4.1          United Kingdom: Recycled Textile Market, by Type

9.1.1.4.2          United Kingdom: Recycled Textile Market, by End-User Industry

9.1.1.6          Rest of Europe: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

9.1.1.6.1          Rest of Europe: Recycled Textile Market, by Type

9.1.1.6.2          Rest of Europe: Recycled Textile Market, by End-User Industry

10.        Impact of COVID-19 Pandemic on Europe Recycled Textile Market

10.1      Europe: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Merger and Acquisition

11.2      Market Initiative

11.3      Investment Scenario

11.4      Others

12.        Key Company Profiles

12.1      Khaloom Textile India Pvt. Ltd.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.2      Kishco Group

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.3      Anandi Enterprises

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Hyosung Corporation

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.5      Leign Fibers Inc.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.6      Martex Fiber Southern Corporation

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.7      Renewcell AB

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.8      Boer Group

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary

 


LIST OF TABLES

Table 1.             Europe Recycled Textiles Market –Revenue and Forecast to 2027 (US$ Mn)

Table 2.             Germany: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)

Table 3.             Germany: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)

Table 4.             France: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)

Table 5.             France: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)

Table 6.             Italy: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)

Table 7.             Italy: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)

Table 8.             United Kingdom: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)

Table 9.             United Kingdom: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)

Table 10.          Russia: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)

Table 11.          Russia: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)

Table 12.          Rest of Europe: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)

Table 13.          Rest of Europe: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)

Table 14.          Glossary of Terms, Europe Recycled Textile Market

 


LIST OF FIGURES

Figure 1.           Europe Recycled Textiles Market Segmentation

Figure 2.           Recycled Textiles Market Segmentation – By Country

Figure 3.           Europe Recycled Textiles Market Overview

Figure 4.           Recycled Polyester Segment Held Largest Share of Europe Recycled Textiles Market

Figure 5.           Germany Country Held Largest Share of Europe Recycled Textiles Market

Figure 6.           Europe Recycled Textiles Market, Industry Landscape

Figure 7.           Europe PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Europe Impact Analysis of Drivers and Restraints

Figure 10.        Europe Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 11.        Europe Recycled Textiles Market Revenue Share, by Type (2019 and 2027)

Figure 12.        Europe Recycled Cotton: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 13.        Europe Recycled Wool: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 14.        Europe Recycled Polyester: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 15.        Europe Recycled Nylon: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 16.        Europe Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 17.        Europe Recycled Textiles Market Revenue Share, by End User Industry (2019 and 2027)

Figure 18.        Europe Automotive: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 19.        Europe Retail: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 20.        Europe Mining: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)

Figure 21.        Europe Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 22.        Europe: Recycled Textile Market Revenue Share, by Key Country (2019 and 2027)

Figure 23.        Germany: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 24.        France: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 25.        Italy: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 26.        United Kingdom: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 27.        Russia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 28.        Rest of Europe: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)

Figure 29.           Impact of COVID-19 Pandemic in Europe Country Markets

List of Companies

  1. Khaloom Textile India Pvt. Ltd.
  2. Kishco Group
  3. Anandi Enterprises
  4. Hyosung Corporation
  5. Leign Fibers Inc.
  6. Martex Fiber Southern Corporation
  7. Renewcell AB
  8. Boer Group
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Recycled Textile market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Recycled Textile market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Recycled Textile market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

Related Tags Europe Recycled Textile Market

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