Middle East and Africa 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: 63
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, the rising 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 Middle East and Africa is expected to grow from US$ 403.85 million in 2019 to US$ 608.73 million by 2027; it is estimated to grow at a CAGR of 5.4% from 2020 to 2027. 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. Hence, it is quite imperative to effectively manage of textile waste through reuse or recycling methods, which could promote environment sustainability. Under such situations, recycling of textile waste is considered to be a viable alternative, which helps to reduce burden on natural resource, minimizes the need for landfill space and helps in saving energy. This is bolstering the growth of the recycled textile market.
Saudi Arabia has the largest COVID-19 cases in the Middle East and Africa region, and is followed by South Africa and UAE, among others. UAE was the first country in Middle East and Africa to report a confirmed case of coronavirus.
Key Market Segments
In terms of type, the recycled polyester segment accounted for the largest share of the Middle East and Africa 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 Middle East and Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Kishco Group, Anandi Enterprises, Hyosung Corporation, Leign Fibers Inc., Martex Fiber Southern Corporation, and Boer Group among others.
Reasons to buy report
- Understand the Middle East and Africa 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 Middle East and Africa
- Efficiently plan mergers and acquisitions, and partnership deals in the Middle East and Africa 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
North America Recycled Textile Market Segmentation
Middle East and Africa Recycled Textile Market- by Type
- Recycled Cotton
- Recycled Wool
- Recycled Polyester
- Recycled Nylon
- Others
Middle East and Africa Recycled Textile Market- by End- user Industry
- Automotive
- Retail
- Mining
- Others
Middle East and Africa Recycled Textile Market- by Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Company Profiles
- Kishco Group
- Anandi Enterprises
- Hyosung Corporation
- Leign Fibers Inc.
- Martex Fiber Southern Corporation
- Boer Group
Middle East and Africa Recycled Textile Market Strategic Insights
Middle East and Africa Recycled Textile Market Report Highlights
| Report Attribute | Details |
| Market size in 2019 | US$ 403.85 Million |
| Market Size by 2027 | US$ 608.73 Million |
| CAGR (2020 - 2027) | 5.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
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Regions and Countries Covered
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| Middle East and Africa | South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa |
| Market leaders and key company profiles |
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Middle East and Africa Recycled Textile Market Country and Regional Insights
