Report Code: CMI34995

Published Date: November 2023

Pages: 330+

Category: Advanced Materials

Report Snapshot

CAGR: 7.5%
286.1B
2022
307.6B
2023
589.7B
2032

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Unifi Inc.
  • Patagonia Inc.
  • Pratibha Syntex
  • Teijin Limited
  • Others

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Reports Description

As per the current market research conducted by the CMI Team, the global Refiberd Textile Market is expected to record a CAGR of 7.5% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 307.6 Billion. By 2032, the valuation is anticipated to reach USD 589.7 Billion.

The Refiberd Textile Market is a dynamic sector within the textile industry that focuses on sustainability and environmental responsibility. It involves the production of textiles from recycled or sustainable materials, reducing waste and minimizing the environmental footprint associated with traditional textile production.

Refiberd textiles can be created from a variety of sources, including post-consumer and post-industrial recycled materials, upcycled items, and sustainable materials like organic cotton and bamboo. As consumers and industries increasingly prioritize sustainability, the Refiberd Textile Market plays a crucial role in offering eco-conscious alternatives to traditional textiles, addressing environmental concerns, and meeting the demand for ethical and sustainable fashion choices.

Refiberd Textile Market – Significant Growth Factors

The Refiberd Textile Market presents significant growth opportunities due to several factors:

  • Sustainability and Environmental Concerns: Increasing global awareness of environmental issues and the need for sustainability is a major driver of the Refiberd Textile Market. Consumers and businesses are actively seeking eco-friendly alternatives to traditional textiles.
  • Government Regulations and Initiatives: Stringent regulations and government-led initiatives promoting sustainability and responsible production practices are driving the adoption of refiberd textiles.
  • Consumer Demand for Ethical and Transparent Sourcing: Growing consumer demand for transparency in textile sourcing, including ethical and eco-conscious practices, is a significant driver. Consumers are increasingly making choices that align with their values.
  • Advancements in Recycling Technologies: Innovations in recycling and upcycling technologies have made it more efficient to produce high-quality refiberd textiles, which are now competitive with traditional textiles in terms of quality and cost.
  • Customization and Personalization: The opportunity to offer customized refiberd textile products, tailored to individual preferences, can attract a niche market of consumers seeking unique and personalized textile items.
  • Emerging Markets: Exploring opportunities in emerging markets where sustainability awareness is on the rise can expand the customer base for refiberd textiles, tapping into new regions with untapped potential.
  • Collaborations with Sustainable Fashion Brands: Collaborating with established sustainable fashion brands and designers can present opportunities to create eco-conscious fashion lines, increasing the reach and influence of refiberd textiles in the fashion industry.

Refiberd Textile Market – Mergers and Acquisitions

The Refiberd Textile Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Refiberd Textile Market include:

  • In 2023, Refiberd, headquartered in Cupertino, California, secured $3.4 million in funding for its AI-driven textile waste sorting technology. This innovation, using AI-based imaging to identify fiber composition and contaminants, facilitates the recycling of fabrics such as cotton and polyester, advancing textile circularity in the fashion industry.
  • In 2021, The Indian Government has revealed plans to establish seven large textile parks within the next three years. Additionally, they intend to streamline duties on raw materials for manmade textiles, reducing customs duty rates on items like caprolactam, nylon chips, nylon fiber, and yarn to 5%.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Refiberd Textile Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Refiberd Textile Market Ceramic & Porcelain Tiles Market Optical Hybrid Film Market
CAGR 7.5% (Approx) CAGR 7.2% (Approx) CAGR 8.2% (Approx)
USD 589.7 Billion by 2032 USD 332.6 Billion by 2032 USD 18.5 Billion by 2032

Refiberd Textile Market – Significant Threats

The Refiberd Textile Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Competition with Traditional Textiles: The market faces competition from conventional textiles, which may have lower production costs, posing a threat to the adoption of eco-friendly refiberd textiles.
  • Quality and Durability Concerns: Some consumers may have concerns about the quality and durability of refiberd textiles, which could discourage adoption.
  • Supply Chain Vulnerabilities: Disruptions in the supply chain of recycled or sustainable materials can lead to production delays and impact the availability of refiberd textiles.
  • Consumer Price Sensitivity: Price-sensitive consumers may be deterred by the potentially higher costs of refiberd textiles compared to conventional options.
  • Misleading Claims: Misleading eco-friendly or sustainable claims by some market players can erode consumer trust in the authenticity of refiberd textiles, causing reputational damage to the entire industry.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 307.6 Billion
Projected Market Size in 2032 USD 589.7 Billion
Market Size in 2022 USD 286.1 Billion
CAGR Growth Rate 7.5% CAGR
Base Year 2022
Forecast Period 2024-2033
Key Segment By Product Type, Material, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Product Type

  • Recycled Fiber: In the Refiberd Textile Market, recycled fiber textiles play a pivotal role by utilizing post-consumer and post-industrial materials, effectively reducing waste and environmental impact. A prevailing trend involves the implementation of advanced recycling technologies, resulting in the creation of high-quality textiles with a strong eco-friendly appeal. Consumers are increasingly embracing these textiles, with a growing demand for recycled fiber products that offer both sustainability and durability.
  • Upcycled Textiles: Upcycled textiles hold a unique position in the market, as they transform discarded or unwanted items into new products, often with an artistic and creative touch. The trend in upcycled textiles leans towards innovative and one-of-a-kind designs, appealing to a niche audience of environmentally conscious consumers who appreciate the artistic and eco-friendly fusion that upcycling provides.
  • Blended Fiber: Blended fiber textiles offer a balanced approach by combining recycled or sustainable fibers with virgin materials. This blending results in textiles that not only exhibit improved properties in terms of performance and durability but also contribute to sustainability. A notable trend in this category is the strategic optimization of fiber combinations to meet both performance and environmental standards, appealing to a wide range of consumers seeking eco-conscious products.
  • Eco-friendly Fabrics: Eco-friendly fabrics derive their strength from sustainable materials like organic cotton, hemp, and bamboo, which are cultivated without the use of harmful chemicals or excess resources. In the current trend, these materials are gaining prominence in the fashion and home textile sectors. Eco-conscious consumers are increasingly gravitating towards these textiles, recognizing their ecological benefits and seeking to integrate them into their everyday lives.
  • Biodegradable Textiles: Biodegradable textiles are designed with a crucial environmental objective—to naturally decompose at the end of their lifecycle, reducing waste and minimizing the ecological footprint. A growing trend is the utilization of innovative biodegradable materials in the creation of textiles. This trend aligns with the sustainability aspirations of consumers and addresses their concerns about textile waste, positioning biodegradable textiles as an eco-friendly choice.
  • Others: This category may encompass innovative textile types or emerging trends in refiberd textiles, such as smart textiles and responsive fabrics, as the market continues to evolve.

Global Refiberd Textile Market 2023–2032 (By Billion)

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By Material

  • Cotton: Refiberd cotton is sourced from discarded garments or industrial waste, reducing the need for new cotton cultivation. The trend involves the incorporation of recycled cotton into a wide range of textile products, promoting circular fashion practices.
  • Polyester: Recycled polyester is a popular choice, with trends focusing on post-consumer PET bottle recycling and the use of recycled polyester in sportswear and outdoor gear.
  • Hemp: Refiberd hemp textiles are eco-friendly, with the trend emphasizing hemp’s sustainable growth without pesticides, making it an attractive choice for eco-conscious consumers.
  • Bamboo: The market sees an upswing in refiberd bamboo textiles due to their biodegradability and minimal water usage in cultivation. Trends include bamboo-based clothing and home textiles.
  • Wool: Recycled wool, sourced from discarded garments and textiles, is gaining attention in the market, driven by its natural insulation properties and durability.
  • Others: This category encompasses various materials like rPET (recycled PET), post-consumer plastic, and even upcycled materials, as trends aim to diversify sources and promote sustainable alternatives.

By Application

  • Apparel: Refiberd textiles are prominently utilized in the fashion industry for clothing items, including casual wear, sportswear, and formal attire. A significant trend in this segment involves the continued growth of sustainable fashion, fueled by eco-conscious consumers who are actively seeking eco-friendly and ethically produced wardrobe choices. This trend includes the use of recycled and sustainable materials in designing stylish, eco-conscious clothing options.
  • Home Textiles: Refiberd materials find diverse applications in the realm of home textiles, spanning items like bed linens, towels, curtains, and upholstery. The market is experiencing a notable upswing in the demand for home furnishings that not only provide comfort but also align with eco-friendly principles. A significant trend within this sector involves the creation of a broad spectrum of visually appealing and environmentally conscious home textile products, tailored to the discerning preferences of environmentally aware consumers.
  • Automotive Textiles: Refiberd textiles are being integrated into the automotive industry for applications such as car interiors and seat covers. A notable trend in this segment revolves around the growing emphasis on sustainability within the automotive industry. Automakers are increasingly adopting eco-friendly materials, including refiberd textiles, to align with the global drive toward sustainability and reduce the environmental impact of their products.
  • Technical Textiles: Refiberd textiles are making significant inroads in the technical textiles sector, which includes specialized applications like geotextiles, medical textiles, and protective clothing. One of the key trends is the adoption of eco-conscious solutions in these specialized fields, catering to industries that demand high-performance and sustainable materials. The incorporation of refiberd textiles in technical applications showcases their adaptability and suitability for diverse sectors.
  • Outdoor and Sports Gear: Eco-conscious consumers are propelling the use of refiberd textiles in various outdoor and sports gear applications, such as sportswear, outdoor clothing, and gear accessories. This trend is rooted in the increasing demand for sustainable performance and comfort in sports and outdoor activities. Consumers seek eco-friendly options that provide both functionality and environmental responsibility, driving the adoption of refiberd textiles in this segment.
  • Others: The “Others” category encompasses various niche applications that extend beyond mainstream uses. Examples include eco-friendly corporate uniforms, textiles for eco-conscious events and exhibitions, and specialty products designed for unique sectors. These applications align with the overarching trend of sustainability in textiles, with businesses and organizations actively seeking eco-conscious solutions to meet their specific needs.

Global Refiberd Textile Market 2023–2032 (By Material)

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Refiberd Textile Market – Regional Analysis

The Refiberd Textile Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: In North America, a prominent trend in the Refiberd Textile Market is the strong emphasis on sustainability and eco-conscious fashion. Consumers are increasingly seeking eco-friendly clothing options, driving the adoption of refiberd textiles in the fashion industry. Additionally, there’s a growing trend in using these textiles for home furnishings as part of the eco-conscious home decor movement.
  • Europe: Europe is witnessing a significant trend in upcycling and vintage fashion. Refiberd textiles are integrated into the upcycled fashion movement, with designers and brands transforming pre-owned garments into new, unique creations. This trend aligns with the sustainability focus in the region, as consumers value eco-conscious fashion choices and appreciate the creativity of upcycled textiles.
  • Asia-Pacific: In the Asia-Pacific region, a major trend involves the incorporation of refiberd textiles into traditional clothing and textiles. Sustainable materials are being blended with traditional designs and fabrics to create eco-friendly versions of cultural clothing, catering to both local and global demand. This fusion of tradition and sustainability is a key driver in the region.
  • LAMEA (Latin America, Middle East, and Africa): LAMEA is experiencing a growing trend in sustainable outdoor and sportswear. Refiberd textiles are gaining traction in the development of eco-conscious sportswear and outdoor gear. The market is seeing the emergence of brands that prioritize sustainability in these regions, aligning with consumer preferences for eco-friendly and high-performance athletic and outdoor clothing.

Global Refiberd Textile Market 2023–2032 (By Application)

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Competitive Landscape – Refiberd Textile Market

The Refiberd Textile Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • Unifi Inc.
  • Patagonia Inc.
  • Pratibha Syntex
  • Teijin Limited
  • I. du Pont de Nemours and Company (DuPont)
  • Ecological Fibers
  • Faborg
  • Hyosung Corporation
  • Far Eastern New Century Corporation
  • Indorama Ventures Public Company Limited
  • Aquafil Group
  • Recover Inc.
  • Global Organic Textile Standard (GOTS)
  • The New Denim Project
  • Wearable Collections
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

New entrants in the Refiberd Textile Market are actively adopting innovation and development to establish themselves in this competitive sector. These emerging players often focus on cutting-edge recycling technologies, sustainable sourcing, and unique product designs to differentiate themselves. They collaborate with sustainable fashion brands and designers to create eco-conscious collections.

Key players dominating the market include Unifi, Patagonia, and Pratibha Syntex, renowned for their extensive experience and wide product range. These market leaders maintain their dominance through a combination of strong brand recognition, high-quality offerings, and influential sustainability initiatives. Their established market presence often presents a challenging landscape for newcomers.

The Refiberd Textile Market is segmented as follows:

By Product Type

  • Recycled Fiber
  • Upcycled Textiles
  • Blended Fiber
  • Eco-friendly Fabrics
  • Biodegradable Textiles
  • Others

By Material

  • Cotton
  • Polyester
  • Hemp
  • Bamboo
  • Wool
  • Others

By Application

  • Apparel
  • Home Textiles
  • Automotive Textiles
  • Technical Textiles
  • Outdoor and Sports Gear
  • Others

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Refiberd Textile Market, (2024 – 2033) (USD Billion)
    • 2.2 Global Refiberd Textile Market: snapshot
  • Chapter 3. Global Refiberd Textile Market – Industry Analysis
    • 3.1 Refiberd Textile Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Sustainability and Environmental Concerns
      • 3.2.2 Government Regulations and Initiatives
      • 3.2.3 Consumer Demand for Ethical and Transparent Sourcing
      • 3.2.4 Advancements in Recycling Technologies
      • 3.2.5 Customization and Personalization
      • 3.2.6 Emerging Markets
      • 3.2.7 Collaborations with Sustainable Fashion Brands.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By Product Type
      • 3.7.2 Market Attractiveness Analysis By Material
      • 3.7.3 Market Attractiveness Analysis By Application
  • Chapter 4. Global Refiberd Textile Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Refiberd Textile Market: Company Market Share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Refiberd Textile Market – Product Type Analysis
    • 5.1 Global Refiberd Textile Market Overview: By Product Type
      • 5.1.1 Global Refiberd Textile Market Share, By Product Type, 2022 and – 2033
    • 5.2 Recycled Fiber
      • 5.2.1 Global Refiberd Textile Market by Recycled Fiber, 2024 – 2033 (USD Billion)
    • 5.3 Upcycled Textiles
      • 5.3.1 Global Refiberd Textile Market by Upcycled Textiles, 2024 – 2033 (USD Billion)
    • 5.4 Blended Fiber
      • 5.4.1 Global Refiberd Textile Market by Blended Fiber, 2024 – 2033 (USD Billion)
    • 5.5 Eco-friendly Fabrics
      • 5.5.1 Global Refiberd Textile Market by Eco-friendly Fabrics, 2024 – 2033 (USD Billion)
    • 5.6 Biodegradable Textiles
      • 5.6.1 Global Refiberd Textile Market by Biodegradable Textiles, 2024 – 2033 (USD Billion)
    • 5.7 Others
      • 5.7.1 Global Refiberd Textile Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 6. Global Refiberd Textile Market – Material Analysis
    • 6.1 Global Refiberd Textile Market Overview: By Material
      • 6.1.1 Global Refiberd Textile Market Share, By Material, 2022 and – 2033
    • 6.2 Cotton
      • 6.2.1 Global Refiberd Textile Market by Cotton, 2024 – 2033 (USD Billion)
    • 6.3 Polyester
      • 6.3.1 Global Refiberd Textile Market by Polyester, 2024 – 2033 (USD Billion)
    • 6.4 Hemp
      • 6.4.1 Global Refiberd Textile Market by Hemp, 2024 – 2033 (USD Billion)
    • 6.5 Bamboo
      • 6.5.1 Global Refiberd Textile Market by Bamboo, 2024 – 2033 (USD Billion)
    • 6.6 Wool
      • 6.6.1 Global Refiberd Textile Market by Wool, 2024 – 2033 (USD Billion)
    • 6.7 Others
      • 6.7.1 Global Refiberd Textile Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 7. Global Refiberd Textile Market – Application Analysis
    • 7.1 Global Refiberd Textile Market Overview: By Application
      • 7.1.1 Global Refiberd Textile Market Share, By Application, 2022 and – 2033
    • 7.2 Apparel
      • 7.2.1 Global Refiberd Textile Market by Apparel, 2024 – 2033 (USD Billion)
    • 7.3 Home Textiles
      • 7.3.1 Global Refiberd Textile Market by Home Textiles, 2024 – 2033 (USD Billion)
    • 7.4 Automotive Textiles
      • 7.4.1 Global Refiberd Textile Market by Automotive Textiles, 2024 – 2033 (USD Billion)
    • 7.5 Technical Textiles
      • 7.5.1 Global Refiberd Textile Market by Technical Textiles, 2024 – 2033 (USD Billion)
    • 7.6 Outdoor and Sports Gear
      • 7.6.1 Global Refiberd Textile Market by Outdoor and Sports Gear, 2024 – 2033 (USD Billion)
    • 7.7 Others
      • 7.7.1 Global Refiberd Textile Market by Others, 2024 – 2033 (USD Billion)
  • Chapter 8. Refiberd Textile Market – Regional Analysis
    • 8.1 Global Refiberd Textile Market Regional Overview
    • 8.2 Global Refiberd Textile Market Share, by Region, 2022 & – 2033 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Refiberd Textile Market, 2024 – 2033 (USD Billion)
        • 8.3.1.1 North America Refiberd Textile Market, by Country, 2024 – 2033 (USD Billion)
    • 8.4 North America Refiberd Textile Market, by Product Type, 2024 – 2033
      • 8.4.1 North America Refiberd Textile Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.5 North America Refiberd Textile Market, by Material, 2024 – 2033
      • 8.5.1 North America Refiberd Textile Market, by Material, 2024 – 2033 (USD Billion)
    • 8.6 North America Refiberd Textile Market, by Application, 2024 – 2033
      • 8.6.1 North America Refiberd Textile Market, by Application, 2024 – 2033 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Refiberd Textile Market, 2024 – 2033 (USD Billion)
        • 8.7.1.1 Europe Refiberd Textile Market, by Country, 2024 – 2033 (USD Billion)
    • 8.8 Europe Refiberd Textile Market, by Product Type, 2024 – 2033
      • 8.8.1 Europe Refiberd Textile Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.9 Europe Refiberd Textile Market, by Material, 2024 – 2033
      • 8.9.1 Europe Refiberd Textile Market, by Material, 2024 – 2033 (USD Billion)
    • 8.10 Europe Refiberd Textile Market, by Application, 2024 – 2033
      • 8.10.1 Europe Refiberd Textile Market, by Application, 2024 – 2033 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Refiberd Textile Market, 2024 – 2033 (USD Billion)
        • 8.11.1.1 Asia Pacific Refiberd Textile Market, by Country, 2024 – 2033 (USD Billion)
    • 8.12 Asia Pacific Refiberd Textile Market, by Product Type, 2024 – 2033
      • 8.12.1 Asia Pacific Refiberd Textile Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.13 Asia Pacific Refiberd Textile Market, by Material, 2024 – 2033
      • 8.13.1 Asia Pacific Refiberd Textile Market, by Material, 2024 – 2033 (USD Billion)
    • 8.14 Asia Pacific Refiberd Textile Market, by Application, 2024 – 2033
      • 8.14.1 Asia Pacific Refiberd Textile Market, by Application, 2024 – 2033 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Refiberd Textile Market, 2024 – 2033 (USD Billion)
        • 8.15.1.1 Latin America Refiberd Textile Market, by Country, 2024 – 2033 (USD Billion)
    • 8.16 Latin America Refiberd Textile Market, by Product Type, 2024 – 2033
      • 8.16.1 Latin America Refiberd Textile Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.17 Latin America Refiberd Textile Market, by Material, 2024 – 2033
      • 8.17.1 Latin America Refiberd Textile Market, by Material, 2024 – 2033 (USD Billion)
    • 8.18 Latin America Refiberd Textile Market, by Application, 2024 – 2033
      • 8.18.1 Latin America Refiberd Textile Market, by Application, 2024 – 2033 (USD Billion)
    • 8.19. The Middle East and Africa
      • 8.19.1 The Middle-East and Africa Refiberd Textile Market, 2024 – 2033 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Refiberd Textile Market, by Country, 2024 – 2033 (USD Billion)
    • 8.20 The Middle-East and Africa Refiberd Textile Market, by Product Type, 2024 – 2033
      • 8.20.1 The Middle-East and Africa Refiberd Textile Market, by Product Type, 2024 – 2033 (USD Billion)
    • 8.21 The Middle-East and Africa Refiberd Textile Market, by Material, 2024 – 2033
      • 8.21.1 The Middle-East and Africa Refiberd Textile Market, by Material, 2024 – 2033 (USD Billion)
    • 8.22 The Middle-East and Africa Refiberd Textile Market, by Application, 2024 – 2033
      • 8.22.1 The Middle-East and Africa Refiberd Textile Market, by Application, 2024 – 2033 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Unifi Inc.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Patagonia Inc.
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Pratibha Syntex
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Teijin Limited
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 E.I. du Pont de Nemours and Company (DuPont)
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Ecological Fibers
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Faborg
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Hyosung Corporation
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Far Eastern New Century Corporation
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Indorama Ventures Public Company Limited
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Aquafil Group
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Recover Inc.
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Global Organic Textile Standard (GOTS)
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 The New Denim Project
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Wearable Collections
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Others.
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments
List Of Figures

Figures No 1 to 34

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Unifi Inc.
  • Patagonia Inc.
  • Pratibha Syntex
  • Teijin Limited
  • I. du Pont de Nemours and Company (DuPont)
  • Ecological Fibers
  • Faborg
  • Hyosung Corporation
  • Far Eastern New Century Corporation
  • Indorama Ventures Public Company Limited
  • Aquafil Group
  • Recover Inc.
  • Global Organic Textile Standard (GOTS)
  • The New Denim Project
  • Wearable Collections
  • Others

FAQs

The key factors driving the Market are Sustainability and Environmental Concerns, Government Regulations and Initiatives, Consumer Demand for Ethical and Transparent Sourcing, Advancements in Recycling Technologies, Customization and Personalization, Emerging Markets And Collaborations with Sustainable Fashion Brands.

The “Recycled Fiber” category dominated the market in 2022.

The key players in the market are Unifi Inc., Patagonia Inc., Pratibha Syntex, Teijin Limited, E.I. du Pont de Nemours and Company (DuPont), Ecological Fibers, Faborg, Hyosung Corporation, Far Eastern New Century Corporation, Indorama Ventures Public Company Limited, Aquafil Group, Recover Inc., Global Organic Textile Standard (GOTS), The New Denim Project, Wearable Collections, Others.

“Europe” had the largest share in the Refiberd Textile Market.

The global market is projected to grow at a CAGR of 7.5% during the forecast period, 2023-2032.

The Refiberd Textile Market size was valued at USD 307.6 Billion in 2023.

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