Recycled Yarn Market Report: Trends, Forecast and Competitive Analysis to 2030

Recycled Yarn Trends and Forecast

The future of the global recycled yarn market looks promising with opportunities in the fashion, home textile, and industrial textile markets. The global recycled yarn market is expected to reach an estimated $7.8 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are growing consumer demand for sustainable and eco-friendly products, government policies and programs encouraging recycled materials use across industries, as well as, increasing awareness about the environmental impact of the textile industry.

A more than 150-page report is developed to help in your business decisions.

Recycled Yarn by Segment

The study includes a forecast for the global recycled yarn by product type, material type, technology, end use, and region.

Recycled Yarn Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Recycled Polyester Yarn
• Recycled Cotton Yarn
• Recycled Nylon Yarn

Recycled Yarn Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:

• Synthetic
• Natural Fibre

Recycled Yarn Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Mechanical Recycling
• Chemical Recycling

Recycled Yarn Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Fashion
• Home Textiles
• Industrial Textiles
• Others

Recycled Yarn Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Recycled Yarn Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies recycled yarn companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the recycled yarn companies profiled in this report include-

• Patagonia
• Teijin Frontier
• Unifi
• ECOALF
• Hyosung
• Aquafil
• The Renewal Workshop
• Recover Textile
• Global Organic Textile Standard
• Trevira

Recycled Yarn Market Insights

Lucintel forecasts that recycled polyester yarn will remain the largest segment over the forecast period because it is one of the most widely used synthetic fibers globally, leading to a vast availability of post-consumer and post-industrial waste that can be recycled into yarn.

APAC will remain the largest region over the forecast period due to the presence of major textile-producing countries such as India and China.

Features of the Global Recycled Yarn Market

Market Size Estimates: Recycled yarn market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Recycled yarn market size by various segments, such as by product type, material type, technology, end use, and region in terms of value ($B).

Regional Analysis: Recycled yarn market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, material type, technology, end use, and regions for the recycled yarn market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the recycled yarn market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the recycled yarn market size?

Answer: The global recycled yarn market is expected to reach an estimated $7.8 billion by 2030.

Q2. What is the growth forecast for recycled yarn market?

Answer: The global recycled yarn market is expected to grow with a CAGR of 6.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the recycled yarn market?

Answer: The major drivers for this market are growing consumer demand for sustainable and eco-friendly products, government policies and programs encouraging recycled materials use across industries, as well as, increasing awareness about the environmental impact of the textile industry.

Q4. What are the major segments for recycled yarn market?

Answer: The future of the global recycled yarn market looks promising with opportunities in the fashion, home textile, and industrial textile markets.

Q5. Who are the key recycled yarn market companies?

Answer: Some of the key recycled yarn companies are as follows.

• Patagonia
• Teijin Frontier
• Unifi
• ECOALF
• Hyosung
• Aquafil
• The Renewal Workshop
• Recover Textile
• Global Organic Textile Standard
• Trevira

Q6. Which recycled yarn market segment will be the largest in future?

Answer: Lucintel forecasts that recycled polyester yarn will remain the largest segment over the forecast period because it is one of the most widely used synthetic fibers globally, leading to a vast availability of post-consumer and post-industrial waste that can be recycled into yarn.

Q7. In recycled yarn market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the presence of major textile-producing countries such as India and China.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the recycled yarn market by product type (recycled polyester yarn, recycled cotton yarn, and recycled nylon yarn), material type (synthetic and natural fibre), technology (mechanical recycling and chemical recycling), end use (fashion, home textiles, industrial textiles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?