Vietnam Textile Recycling Market Overview, 2029

The Vietnamese textile recycling market is projected to surpass USD 10 million from 2024 to 2029, driven by rising environmental consciousness among consumers.

The textile recycling market in Vietnam forms the global sustainability landscape by mitigating environmental impacts of textile wastes through innovative processes and practices. This overview addresses various issues related to the market in different regions, hence giving a view of the industry in its holistic dimension. The textile recycling market can be beneficial to the economy in terms of job creation and business development in collection, sorting, and processing sectors. Investment in recycling technologies reduces raw material costs and increases company competitiveness. In Vietnam, the growth of the sector ensures innovation and helps in sustainable economic development. Growing environmental awareness of consumers supports demand for recycled and sustainable products in Vietnam. Educational campaigns and rise of eco-awareness raise participation levels in recycling and affect market trends, whereby companies are compelled to ensure sustainability of their operations and innovation of new technologies on recycling. Material complexity, potential loss of quality, and, finally, economic feasibility are the problems that exist in the market. Material mix complicates the recycling process, and the fiber quality be worsened by mechanical processes. High costs and unsatisfactory infrastructure hinder the growth of the market; innovation and investment will always be required. It is only through innovation that development in textile recycling will be moved further. It is further supported that improving material quality and sustainability is bettered with new developments in fabric design and recycling methods through collaboration between researchers, industry players, and policymakers. According to the research report, "Vietnam Textile Recycling Market Outlook, 2029," published by Bonafide Research, the Vietnam Textile Recycling market is anticipated to add to more than USD 10 Million by 2024–29. Recycling of waste textiles recovers useful fibers and materials that minimize the intake of new raw materials and, consequently, reduces energy use. While generally recycling requires less energy than producing new fibers from raw materials, a reduction in carbon footprint will be achieved through the recycling of textiles. By supporting sustainable practices through the use of recycled materials, the brands drive forward a more sustainable fashion industry while, at the same time, encouraging responsible consumer behavior. Research for sustainable materials, for example, biodegradable or recyclable fabrics, is under way. New developments in textile recycling represent a clear milestone in the sector. In Vietnam market, technological advancements are more efficient mechanical and chemical methods of recycling are now on offer, with an improved quality and scope of materials recovered. Investments in recycling infrastructure have increased in the form of new facilities and upgradations to existing ones. It is through research and innovation that new recycling processes and materials are created, such as closed-loop recycling systems that enable fibers to be continually reused. Government initiatives are also very supportive, with policies and incentives aimed at increasing the rate of recycling and a general urge for sustainable practices within the industry in Vietnam.

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There are huge, all-embracing materials composed in the Vietnam textile recycling market, showing their own attributes and recycling challenges. Since it is also largely employed in many garments and textiles, cotton is still widely related to this industry. Recycling cotton in Vietnam will essentially involve regenerating new fiber by breaking down used garments, but it requires sorting and processing to maintain quality. Advances in recycling technology have increased the efficiency of this process in line with sustainability goals and reduced waste. Polyester & Polyester Fiber in Vietnam are also very important, as polyester is holdings of commanding a large market for apparel and industrial applications. The different popular ways of recycling polyester include mechanical or chemical methods of turning old fibers to form new products that would solve the environmental concerns linked to plastic pollution. Chemical recycling of polyester has huge potential in terms of both quality and efficiency, thus being one of the main focuses when it comes to sustainable methods of production for textiles. Additional opportunities, but also challenges, are coming from Nylon & Nylon Fiber in Vietnam. Since nylon is used to make durable goods like sportswear and industrial textiles, the process of recycling nylon involves de-polymerizing the material in order to reclaim the fibers. While nylon is very hard to recycle because of fiber degradation and problems of separation, the process will become more viable in the near future when technology advances. Wool has natural durability and biodegradability, but it is also an important component in textile recycling. Wool fibers are sorted, cleaned, and carded; however, as the process goes on, the quality of the regenerated wool becomes very hard to maintain. Development of new recycling methods, increasing supply of recycled wool products. Others include a vast array of materials everything from fiber blends to such specialty fibers as acrylic and spandex all of them presenting their own set of challenges in regard to their successful recycling. The major sources in Vietnam that drive the textile recycling market include Apparel Waste, Home Furnishing Waste, Automotive Waste, and Others, each having its challenges and opportunities. Apparel Waste forms a huge contribution from discarded garments, clippings, and unsold stocks. The apparel waste in Vietnam is recycled by sorting, shredding, and regeneration of fibers to produce new textiles. The improving the technologies in fiber-to-fiber recycling enhance efficiency toward supporting sustainable fashion, reducing environmental impacts from the fashion industry. The Home Furnishing type of waste includes textiles from upholstery, curtains, and bedding. This category nearly always contains a mix of materials and is thus complicated to recycle but it's possible with advancements in sorting and processing technologies. Effective recycling in Vietnam of home furnishing waste diverts textiles from landfills, contributing to the circular economy by reusing materials for new products. Automotive wastes include interior textiles in cars, such as seat upholstery and carpets. Since special materials and blends are used in automobiles, their recycling follows different rules compared to garment wastes. Such recycling reduces in Vietnam the environmental impact from the automotive industry and helps recover resources. Others pertain to sources of textile waste ranging from industrial to medical and agricultural textiles. Sources of waste, in the textile recycling market, are normally divided into post-consumer and pre-consumer textile wastes, which offer different opportunities and challenges in terms of recycling. Post-consumer textile waste consists of garments and textiles which consumers have discarded at the end of their first use. This includes used, worn-out clothing, household textiles like towels, bed linens, and accessories that have been soiled. Because of its quantity and the likely negative effects of land?lls, a large part of the recycling effort focuses on post-consumer wastes. Various stages in the processing of recycling postconsumer textiles involve collection, sorting, and processing to recover the ?bers for making new textile products. Better sorting technologies, coupled with innovations in ?ber-to-?ber recycling, have made it considerably easier to process old garments into new fabrics or other products. In the case of post-consumer waste, variability in materials and effective sorting form the challenges that define high-quality recycling outcomes. Pre-consumer textile waste comes from offcuts, defective items, and extra fabric produced during the process of textile manufacturing; it is also called industrial or manufacturing waste. This variety of waste is usually produced before the textiles reach the consumer. Pre-consumer waste could be more feasible to recycle than post-consumer waste because of its relative purity and uniformity. A lot of the recycling of pre-consumer waste occurs through reprocessing scraps of fabric or offcuts into creating new textile products or materials. This is precious waste for recycling because it normally is cleaner and of a more consistent quality, hence easily processed. The attempts that lessen waste before consumers include improving the efficiency of processes in manufacturing and incorporating recycling practices that recapture and reutilize fabric wastes.

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Manmayi Raval

Manmayi Raval

Research Consultant

There are only two major processes for recycling textiles in the textile recycling market in Vietnam are Mechanical and Chemical, with different methods and associated benefits to deal with various sorts of textile wastes. Mechanical recycling is the most frequently applied approach, involving breaking down the textile waste into smaller pieces. It will, in most cases, include the following steps are shredding, carding, and spinning, thus turning old textiles into new fibers or products. Mechanical recycling is done to a great extent in materials like cotton and polyester since it easily processes them into recycled yarns or fabrics. Generally, the process is less complex and more cost-effective compared to chemical recycling. The process might result in a loss of quality of the fibers being recycled, especially when handling mixed or degraded materials. It is a core link in the handling of vast quantities of textile waste and is required to yield recycled textiles for the different textile applications. Chemical recycling method, the textile is converted into its molecular form through the use of a chemical process. The material scope is more significant as compared to the mechanical process because there are certain materials that cannot be easily handled through mechanical recycling, such as mixtures and synthetic fibers. It simply means that chemical recycling includes other processes like depolymerization, whereby polymers are broken down into building-block monomers to eventually allow for new high-quality fibers. This technique is unique for the recycling of polyester and nylon, as it can regenerate the material back to near-virgin state. While chemical recycling has the merit of producing better quality recyclants relative to the resultant product from mechanical recycling, this process has often been found complicated and expensive. Advances in chemical recycling technologies make it a very promising option, especially with continuous improvements in efficiency and scalability. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Textile Recycling market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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Manmayi Raval

By Material • Cotton • Polyester & Polyester Fiber • Nylon & Nylon Fiber • Wool • Others By Source • Apparel Waste • Home Furnishing Waste • Automotive Waste • Others By End-Use Industry • Apparel • Home Furnishings • Industrial & Institutional • Others By Textile Waste • Post-consumer • Pre-consumer By Process • Mechanical • Chemicals The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Textile Recycling industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Table of Contents

  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Vietnam Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Market Drivers & Opportunities
  • 5.2. Market Restraints & Challenges
  • 5.3. Market Trends
  • 5.3.1. XXXX
  • 5.3.2. XXXX
  • 5.3.3. XXXX
  • 5.3.4. XXXX
  • 5.3.5. XXXX
  • 5.4. Covid-19 Effect
  • 5.5. Supply chain Analysis
  • 5.6. Policy & Regulatory Framework
  • 5.7. Industry Experts Views
  • 6. Vietnam Textile Recycling Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast, By Material
  • 6.3. Market Size and Forecast, By Source
  • 6.4. Market Size and Forecast, By Textile Waste
  • 6.5. Market Size and Forecast, By Process
  • 6.6. Market Size and Forecast, By Region
  • 7. Vietnam Textile Recycling Market Segmentations
  • 7.1. Vietnam Textile Recycling Market, By Material
  • 7.1.1. Vietnam Textile Recycling Market Size, By Cotton, 2018-2029
  • 7.1.2. Vietnam Textile Recycling Market Size, By Polyester & Polyester Fiber, 2018-2029
  • 7.1.3. Vietnam Textile Recycling Market Size, By Nylon & Nylon Fiber, 2018-2029
  • 7.1.4. Vietnam Textile Recycling Market Size, By Wool, 2018-2029
  • 7.1.5. Vietnam Textile Recycling Market Size, By Others, 2018-2029
  • 7.2. Vietnam Textile Recycling Market, By Source
  • 7.2.1. Vietnam Textile Recycling Market Size, By Apparel Waste, 2018-2029
  • 7.2.2. Vietnam Textile Recycling Market Size, By Home Furnishing Waste, 2018-2029
  • 7.2.3. Vietnam Textile Recycling Market Size, By Automotive Waste, 2018-2029
  • 7.2.4. Vietnam Textile Recycling Market Size, By Others, 2018-2029
  • 7.3. Vietnam Textile Recycling Market, By Textile Waste
  • 7.3.1. Vietnam Textile Recycling Market Size, By Post-consumer, 2018-2029
  • 7.3.2. Vietnam Textile Recycling Market Size, By Pre-consumer, 2018-2029
  • 7.4. Vietnam Textile Recycling Market, By Process
  • 7.4.1. Vietnam Textile Recycling Market Size, By Mechanical, 2018-2029
  • 7.4.2. Vietnam Textile Recycling Market Size, By Chemical, 2018-2029
  • 7.5. Vietnam Textile Recycling Market, By Region
  • 7.5.1. Vietnam Textile Recycling Market Size, By North, 2018-2029
  • 7.5.2. Vietnam Textile Recycling Market Size, By East, 2018-2029
  • 7.5.3. Vietnam Textile Recycling Market Size, By West, 2018-2029
  • 7.5.4. Vietnam Textile Recycling Market Size, By South, 2018-2029
  • 8. Vietnam Textile Recycling Market Opportunity Assessment
  • 8.1. By Material, 2024 to 2029
  • 8.2. By Source, 2024 to 2029
  • 8.3. By Textile Waste, 2024 to 2029
  • 8.4. By Process, 2024 to 2029
  • 8.5. By Region, 2024 to 2029
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.1.1. Company Snapshot
  • 9.2.1.2. Company Overview
  • 9.2.1.3. Financial Highlights
  • 9.2.1.4. Geographic Insights
  • 9.2.1.5. Business Segment & Performance
  • 9.2.1.6. Product Portfolio
  • 9.2.1.7. Key Executives
  • 9.2.1.8. Strategic Moves & Developments
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

Table 1: Influencing Factors for Textile Recycling Market, 2023
Table 2: Vietnam Textile Recycling Market Size and Forecast, By Material (2018 to 2029F) (In USD Million)
Table 3: Vietnam Textile Recycling Market Size and Forecast, By Source (2018 to 2029F) (In USD Million)
Table 4: Vietnam Textile Recycling Market Size and Forecast, By Textile Waste (2018 to 2029F) (In USD Million)
Table 5: Vietnam Textile Recycling Market Size and Forecast, By Process (2018 to 2029F) (In USD Million)
Table 6: Vietnam Textile Recycling Market Size and Forecast, By Region (2018 to 2029F) (In USD Million)
Table 7: Vietnam Textile Recycling Market Size of Cotton (2018 to 2029) in USD Million
Table 8: Vietnam Textile Recycling Market Size of Polyester & Polyester Fiber (2018 to 2029) in USD Million
Table 9: Vietnam Textile Recycling Market Size of Nylon & Nylon Fiber (2018 to 2029) in USD Million
Table 10: Vietnam Textile Recycling Market Size of Wool (2018 to 2029) in USD Million
Table 11: Vietnam Textile Recycling Market Size of Others (2018 to 2029) in USD Million
Table 12: Vietnam Textile Recycling Market Size of Apparel Waste (2018 to 2029) in USD Million
Table 13: Vietnam Textile Recycling Market Size of Home Furnishing Waste (2018 to 2029) in USD Million
Table 14: Vietnam Textile Recycling Market Size of Automotive Waste (2018 to 2029) in USD Million
Table 15: Vietnam Textile Recycling Market Size of Others (2018 to 2029) in USD Million
Table 16: Vietnam Textile Recycling Market Size of Post-consumer (2018 to 2029) in USD Million
Table 17: Vietnam Textile Recycling Market Size of Pre-consumer (2018 to 2029) in USD Million
Table 18: Vietnam Textile Recycling Market Size of Mechanical (2018 to 2029) in USD Million
Table 19: Vietnam Textile Recycling Market Size of Chemical (2018 to 2029) in USD Million
Table 20: Vietnam Textile Recycling Market Size of North (2018 to 2029) in USD Million
Table 21: Vietnam Textile Recycling Market Size of East (2018 to 2029) in USD Million
Table 22: Vietnam Textile Recycling Market Size of West (2018 to 2029) in USD Million
Table 23: Vietnam Textile Recycling Market Size of South (2018 to 2029) in USD Million

Figure 1: Vietnam Textile Recycling Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 2: Market Attractiveness Index, By Material
Figure 3: Market Attractiveness Index, By Source
Figure 4: Market Attractiveness Index, By Textile Waste
Figure 5: Market Attractiveness Index, By Process
Figure 6: Market Attractiveness Index, By Region
Figure 7: Porter's Five Forces of Vietnam Textile Recycling Market
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Vietnam Textile Recycling Market Overview, 2029

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