Vietnam Textile Waste Market (2020-2026) | Companies, Outlook, Growth, Value, Industry, Trends, Share, Revenue, COVID-19 IMPACT, Analysis, Size & Forecast

Vietnam Textile Waste Market Synopsis

The Vietnam textile waste market was valued at USD 842.5 million in 2019 and is projected to reach a value of USD 1,392.3 million by 2026, exhibiting a CAGR of 7.9% during the forecast period (2020-2026). The growth of this market can be attributed to the rapidly increasing population and growing GDP per capita in Vietnam.

The demand for textiles has grown significantly over the last few decades due to its easy availability, affordability, and wide range of styles available for different needs. This has led to an increase in textile consumption levels across countries globally as well as in Vietnam. However, there is also an additional burden on resources due to increased waste generation from discarded clothes that cannot be reused or recycled adequately yet. Textile waste is increasingly becoming a major environmental concern worldwide with no efficient solutions available for collection or disposal yet. As such, management strategies are needed that focus on reducing production impacts while encouraging reuse and recycling activities for managing post-consumer apparel wastes better throughout their life cycle stages better.

In order to deal with this problem efficiently, various initiatives have been undertaken by governments around the world including those by Vietnamese authorities such as setting up collection centers where consumers can donate unwanted clothes and materials which then get resold through non-profit organizations like charities or thrift stores after being sorted into recyclable categories . Moreover , big retailers like H&M have further brought forth innovative ideas such as garment collecting boxes which allow customers drop off any old/used clothing items they no longer wear thus encouraging more ecofriendly practices . Additionally , new technologies have been developed enabling design alterations making it easier for manufacturers integrate sustainability into products . Lastly , companies focusing on creating circular economy models with goals geared towards zero wastage are gaining momentum contributing immensely towards bringing down amount generated every year from garments ending up landfills . All these efforts combined will go far way ensuring future generations reap benefits from sustainable fashion industry.

Key Highlights of the Report:

• Vietnam Textile Waste Market Outlook
• Market Size of Vietnam Textile Waste Market, 2019
• Forecast of Vietnam Textile Waste Market, 2026
• Historical Data and Forecast of Vietnam Textile Waste Revenues & Volume for the Period 2016 - 2026
• Vietnam Textile Waste Market Trend Evolution
• Vietnam Textile Waste Market Drivers and Challenges
• Vietnam Textile Waste Price Trends
• Vietnam Textile Waste Porter's Five Forces
• Vietnam Textile Waste Industry Life Cycle
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Solution Types for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Source Reduction Solutions for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Landfills Solutions for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Recycling Solutions for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Incineration Solutions for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Product Types for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Spinning waste for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Weaving waste for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Knitting waste for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Dyeing waste for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Clothing waste for the Period 2016 - 2026
• Historical Data and Forecast of Vietnam Textile Waste Market Revenues & Volume By Consumer waste for the Period 2016 - 2026
• Vietnam Textile Waste Import Export Trade Statistics
• Market Opportunity Assessment By Solution Types
• Market Opportunity Assessment By Product Types
• Vietnam Textile Waste Top Companies Market Share
• Vietnam Textile Waste Competitive Benchmarking By Technical and Operational Parameters
• Vietnam Textile Waste Company Profiles
• Vietnam Textile Waste Key Strategic Recommendations