PUBLISHER: TechNavio | PRODUCT CODE: 1705194
PUBLISHER: TechNavio | PRODUCT CODE: 1705194
The textile industry waste management market is forecasted to grow by USD 4495.6 mn during 2024-2029, accelerating at a CAGR of 17.8% during the forecast period. The report on the textile industry waste management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness about sustainability and environmental protection, increasing regulations and laws related to waste management, and growing demand for eco-friendly and recycled textile products from consumers.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 12.8% |
CAGR | 17.8% |
Incremental Value | $4495.6 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's textile industry waste management market is segmented as below:
By Service Type
By Material
By Type
By Geographical Landscape
This study identifies the integration of ai and iot enabling better monitoring and reduction of textile waste as one of the prime reasons driving the textile industry waste management market growth during the next few years. Also, adoption of circular economy models leading to recycling and reuse of textile waste and use of biodegradable and compostable materials in textile production minimizes waste generation will lead to sizable demand in the market.
The report on the textile industry waste management market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading textile industry waste management market vendors that include Aditya Birla Management Corp. Pvt. Ltd., BLS Ecotech Ltd., Boer Group, Evrnu Inc., FABSCRAP, Infinited Fiber Co., Lenzing AG, PROCOTEX BELGIUM SA, Pure Waste Textiles Oy, Re NewCell AB, Recover Textile Systems S.L, Remondis SE and Co. KG, SAAHAS WASTE MANAGEMENT Pvt. Ltd., TEXAID Textilverwertungs AG, Unifi Inc., Veolia Environnement SA, and Worn Again Technologies. Also, the textile industry waste management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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