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Textile Recycling Market in Europe 2023: Industry Share, Size, Demand, Growth and Research Report 2028

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Textile Recycling Market in Europe 2023: Industry Share, Size, Demand, Growth and Research Report 2028

April 04
19:40 2023
Textile Recycling Market in Europe 2023: Industry Share, Size, Demand, Growth and Research Report 2028
Textile Recycling Market in Europe 2023: Industry Research Report
Germany currently dominates the Europe textile recycling industry.

The Europe textile recycling market size reached US$ 1,484.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,122.6 Million by 2028, exhibiting a growth rate (CAGR) of 2.1% during 2023-2028. Textile recycling refers to the method of reusing and reprocessing scraps, old clothing, and fibrous waste materials. It offers various environmental and economic benefits, such as minimizing dependence on virgin fibers and chemical dyes, optimum consumption of water and energy, and reducing water and land pollution. 

Application: Europe Region

Textile recycling is conducted for several materials, including cotton, wool, polyester, nylon, etc. This process finds widespread applications across various sectors, such as industrial, apparel, non-woven, and home furnishings.

Top trends to watch in the textile recycling market in Europe

The escalating consciousness among individuals toward reusing and recycling old clothes, on account of the rising environmental concerns, is among the primary factors driving the textile recycling market in Europe. Besides this, the elevating demand for eco-clothes that are made up of recycled materials, plastics, and other organic raw materials is further augmenting the market growth. Moreover, the introduction of Textile for Textile (T4T), an environment-friendly initiative that has resulted in the development of near-infrared (NIR)-spectroscopy technology to perform automated sorting applications, is also catalyzing the market across Europe.

What are the major market drivers in the market?

Apart from this, several recycling companies are taking initiatives, including the launch of door-to-door pickup programs, which are acting as significant growth-inducing factors. In addition, the growing popularity of this procedure as an effective method for sustainability expansion in the apparel industry is also stimulating the market growth. Furthermore, the automation of recycled materials and the increasing installation of attractive cloth bins in public places, such as parks, shopping malls, parking spaces, walkways, and other high-visibility locations, are anticipated to propel the Europe textile recycling market over the forecasted period. 

Request to get the sample report: https://www.imarcgroup.com/europe-textile-recycling-market/requestsample

Europe Textile Recycling 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:


Breakup by Textile Waste:

  • Pre-consumer Textile
  • Post-consumer Textile


Breakup by Distribution Channel:

  • Online Channel
  • Retail & Departmental Stores


Breakup by End Use:

  • Apparel
  • Industrial
  • Home Furnishings
  • Non-woven
  • Others


Explore Report Description with TOC & List of Figure:
https://www.imarcgroup.com/europe-textile-recycling-market

What European nation is a leader in textile recycling?

Germany currently dominates the Europe textile recycling industry.

Breakup by Country: 

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others


Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape


Get in Touch with our Expert Team for Inquire or further information:
https://www.imarcgroup.com/request?type=report&id=4039&flag=C


TOC for the Europe Textile Recycling Market Research Report:

  • Preface
  • Scope and Methodology
  • Executive Summary
  • Introduction
  • SWOT Analysis
  • Value Chain Analysis
  • Price Analysis
  • Competitive Landscape


If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Explore the More Reports:

Asia Pacific Textile Recycling Market Report 2023

Agro Textiles Market Report

Conductive Textiles Market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Website: https://www.imarcgroup.com

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