Product Code: ETC188976 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India is one of the world???s largest consumers and producers of textiles, but there has been limited growth in its recycled textile market. This is largely due to a lack of awareness about the benefits of using recycled textiles. Additionally, India lacks proper infrastructure for collecting, sorting and reprocessing discarded textiles. Despite these challenges, the India government has taken steps to promote recycling by introducing incentives such as subsidies for setting up collection centers and developing guidelines for processing used clothes into usable fabrics or yarns. Furthermore, public-private initiatives are being undertaken to create an organized sector around used clothing collection and recycling.
Growing awareness of sustainability among consumers: Increasing consumer demand for sustainable products such as recycled textiles has been a major driver in the growth of India recycled textile market. Consumers are becoming more conscious about their impact on the environment and are moving towards eco-friendly options, leading to an increase in demand for recycled textiles. Support from Government Initiatives: The government is also taking steps to promote recycling with initiatives like Make In India, Swach Bharat Abhiyan, and National Clean Air Programme, which have aided in boosting the India recycled textile industry by increasing support through grants and subsidies for small businesses engaging in production activities for recycling fibers from discarded apparel goods into new ones.
Low-Quality Textiles: One of the biggest challenges faced by producers is low-quality raw materials that make it difficult to produce high-quality end products that meet customer requirements and standards such as colorfastness, strength, stretchability etc.. This affects both domestic productions as well as exports since customers tend to be less willing to buy poor-quality goods even if they are cheaper than regular fabrics made using synthetic or natural fibers. Lack Of Awareness & Accessibility To Recycled Fabrics: Despite growing awareness among consumers regarding sustainability issues, there still exists a lack of knowledge about how exactly fabric can be reused or upcycled into something else thereby making them unaware of where they can access these materials easily without having to pay hefty prices often charged by big retailers who specialize in selling sustainably sourced fabrics at premium prices due mainly because they don???t have any other means besides buying from these companies directly online or offline stores dedicated solely towards selling sustainably sourced clothes/fabrics, etc.
Some key players operating in the IndiaRecycled Textile Market include Aakrithi Clothing Pvt Ltd., Soorti Enterprises Pvt Ltd., Saree Center Pvt Ltd., Style Drapes International Limited , Shree Krishna Export House Private Limited , Bhagyalaxmi Apparel Pvt Ltd., Green Earth Solutions (GECO), Rayon Fabric Manufacturing Company (RFMC) , Pasham Apparels Private Limited , Kinex Fabrics Private Limited.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Recycled Textiles Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Recycled Textiles Market Revenues & Volume, 2020 & 2030F |
3.3 India Recycled Textiles Market - Industry Life Cycle |
3.4 India Recycled Textiles Market - Porter's Five Forces |
3.5 India Recycled Textiles Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Recycled Textiles Market Revenues & Volume Share, By End-use Industry, 2020 & 2030F |
4 India Recycled Textiles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Recycled Textiles Market Trends |
6 India Recycled Textiles Market, By Types |
6.1 India Recycled Textiles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Recycled Textiles Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 India Recycled Textiles Market Revenues & Volume, By Recycled Cotton, 2020-2030F |
6.1.4 India Recycled Textiles Market Revenues & Volume, By Recycled Wool, 2020-2030F |
6.1.5 India Recycled Textiles Market Revenues & Volume, By Recycled Polyester, 2020-2030F |
6.1.6 India Recycled Textiles Market Revenues & Volume, By Recycled Nylon, 2020-2030F |
6.1.7 India Recycled Textiles Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Recycled Textiles Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 India Recycled Textiles Market Revenues & Volume, By Automotive, 2020-2030F |
6.2.3 India Recycled Textiles Market Revenues & Volume, By Retail, 2020-2030F |
6.2.4 India Recycled Textiles Market Revenues & Volume, By Mining, 2020-2030F |
6.2.5 India Recycled Textiles Market Revenues & Volume, By Building & Construction, 2020-2030F |
6.2.6 India Recycled Textiles Market Revenues & Volume, By Others, 2020-2030F |
7 India Recycled Textiles Market Import-Export Trade Statistics |
7.1 India Recycled Textiles Market Export to Major Countries |
7.2 India Recycled Textiles Market Imports from Major Countries |
8 India Recycled Textiles Market Key Performance Indicators |
9 India Recycled Textiles Market - Opportunity Assessment |
9.1 India Recycled Textiles Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Recycled Textiles Market Opportunity Assessment, By End-use Industry, 2020 & 2030F |
10 India Recycled Textiles Market - Competitive Landscape |
10.1 India Recycled Textiles Market Revenue Share, By Companies, 2023 |
10.2 India Recycled Textiles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |