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)
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
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 MEA PEST Analysis
4.3 Expert Opinion
5. Recycled Textiles Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Concerns Related to Disposal of Textile Waste
5.1.2 Rapid Growth of the Retail and Automotive Industry
5.2 Market Restraints
5.2.1 High Processing 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– Middle East and Africa Market Analysis
6.1 Recycled Textile Market Overview
6.2 Middle East and Africa Recycled Textiles Market–Revenue and Forecast to 2027 (US$ Mn)
7. Recycled Textile Market Analysis – By Type
7.1 Overview
7.2 Middle East and Africa 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 Middle East and Africa 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 Middle East and Africa: Recycled Textile Market, by Key Country
9.1.1.1 South Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.1.1 South Africa: Recycled Textile Market, by Type
9.1.1.1.2 South Africa: Recycled Textile Market, by End-User Industry
9.1.1.2 Saudi Arabia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.2.1 Saudi Arabia: Recycled Textile Market, by Type
9.1.1.2.2 Saudi Arabia: Recycled Textile Market, by End-User Industry
9.1.1.3 U.A.E: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.3.1 U.A.E: Recycled Textile Market, by Type
9.1.1.3.2 U.A.E: Recycled Textile Market, by End-User Industry
9.1.1.4 Rest of Middle East and Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
9.1.1.4.1 Rest of Middle East and Africa: Recycled Textile Market, by Type
9.1.1.4.2 Rest of Middle East and Africa: Recycled Textile Market, by End-User Industry
10. Impact of COVID-19 Pandemic on Middle East and Africa Recycled Textile Market
10.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Key Company Profiles
11.1 Kishco Group
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Anandi Enterprises
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.3 Hyosung Corporation
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Leign Fibers Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 Martex Fiber Southern Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 Boer Group
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Middle East and Africa Recycled Textiles Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. South Africa: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 3. South Africa: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 4. Saudi Arabia: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 5. Saudi Arabia: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 6. U.A.E: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 7. U.A.E: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 8. Rest of Middle East and Africa: Recycled Textile Market, by Type –Revenue and Forecast to 2027 (US$ Mn)
Table 9. Rest of Middle East and Africa: Recycled Textile Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Mn)
Table 10. Glossary of Terms, Middle East and Africa Recycled Textile Market
LIST OF FIGURES
Figure 1. Recycled Textiles Market Segmentation
Figure 2. Recycled Textiles Market Segmentation – By Country
Figure 3. Middle East and Africa Recycled Textiles Market Overview
Figure 4. Recycled Polyester Segment Held Largest Share of Middle East and Africa Recycled Textiles Market
Figure 5. Rest of MEA Country Held Largest Share of Middle East and Africa Recycled Textiles Market
Figure 6. Middle East and Africa Recycled Textiles Market, Industry Landscape
Figure 7. MEA PEST Analysis
Figure 8. Expert Opinion
Figure 9. Middle East and Africa Impact Analysis of Drivers and Restraints
Figure 10. Middle East and Africa Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. Middle East and Africa Recycled Textiles Market Revenue Share, by Type (2019 and 2027)
Figure 12. Middle East and Africa Recycled Cotton: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 13. Middle East and Africa Recycled Wool: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 14. Middle East and Africa Recycled Polyester: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 15. Middle East and Africa Recycled Nylon: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 16. Middle East and Africa Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 17. Middle East and Africa Recycled Textiles Market Revenue Share, by End User Industry (2019 and 2027)
Figure 18. Middle East and Africa Automotive: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Middle East and Africa Retail: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 20. Middle East and Africa Mining: Recycled Textiles Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Middle East and Africa Others: Recycled Textiles Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 22. Middle East and Africa: Recycled Textile Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. South Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 24. Saudi Arabia: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 25. U.A.E: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 26. Rest of Middle East and Africa: Recycled Textile Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Some of the leading companies are
- Kishco Group
- Anandi Enterprises
- Hyosung Corporation
- Leign Fibers Inc.
- Martex Fiber Southern Corporation
- Boer Group