Japan Textile Recycling Market Insights Forecasts to 2033

• The Market is Growing at a CAGR of 4.95% from 2023 to 2033
• The Japan Textile Recycling Market Size is Expected to Hold a Significant Share by 2033

The Japan Textile Recycling Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 4.95% from 2023 to 2033.

Market Overview

Reusing and reprocessing waste materials, old garments, and scraps is known as textile recycling. These components are recovered from rugs, automobile tires, footwear, clothing that has been damaged or thrown away, textiles used to make furniture, and other non-durable products like towels and sheets. Textile recycling aims to establish a circular economy by prolonging the life cycle of textiles and lowering the demand for raw material extraction, in contrast to the conventional linear model of textile consumption, where clothing is thrown away and frequently ends up in landfills. Additionally, growing consumer awareness of the harm that textile waste causes to the environment is one of the main factors propelling the Japanese market's expansion. In Japan, initiatives and educational campaigns emphasizing the advantages of recycling textiles have changed consumer behavior. More people are choosing to actively participate in recycling initiatives and purchase products manufactured from recycled materials as a result of this increased awareness.

Report Coverage

This research report categorizes the market for the Japan textile recycling market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan textile recycling market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan textile recycling market.

Driving Factors

The Japanese market is primarily driven by the cultural values of sustainability and environmental stewardship. As a result, as Japanese customers look to make environmentally conscious purchases, there is an increasing demand for recovered fabrics. Additionally, the government has aggressively encouraged sustainability in a number of industries, notably the textile industry. Furthermore, Japan plans to recycle 50,000 tons of used apparel. Using 50,000 tonnes of discarded clothing to create recycled fibers by the end of fiscal year 2030 is the target set by an expert panel convened by Japan's Industry Ministry. This program, which is fueling the expansion of Japan's textile recycling business, is motivated by growing environmental consciousness and the need for sustainable practices in the fashion industry. Additionally, in Japan, 34% of all clothing that is thrown away is either transformed into new materials or used again in some capacity rather than ending up in the trash. The Japanese textile recycling market is further driven by the country's rising clothing recycling rate.

Restraining Factors

It is projected that the usage of dangerous chemicals in the textile recovery process will impede market expansion. Roughly 10–15% of textile materials' unbound colors are lost in industrial wastewater discharge. Due to their harmful nature, these dyes are the main cause of pollution in the air, land, and water. The dyes that are released into the water have the ability to absorb light and have an impact on aquatic life and ecology.

Market Segmentation

The Japan textile recycling market share is classified into material type and source.

• The cotton segment is expected to hold a significant market share through the forecast period.

The Japan textile recycling market is segmented by material type into cotton, wool, polyester, and polyamide. Among these, the cotton segment is expected to hold a significant market share through the forecast period. The cotton category is expected to dominate the worldwide market since recovered cotton is an environmentally friendly option that uses significantly fewer resources than traditional or organic cotton and reduces textile waste.

• The apparel waste segment is expected to dominate the Japan textile recycling market during the forecast period.       

Based on the source, the Japan textile recycling market is divided into apparel waste, automotive waste, and home furnishing waste. Among these, the apparel waste segment is expected to dominate the Japan textile recycling market during the forecast period. The leftover fabric from manufacturing, as well as damaged, rejected, and thrown away clothing and footwear by customers, are the sources of this waste.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan textile recycling market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.  

List of Key Companies

• Itochu Corporation
• Toray Industries, Inc.
• Teijin Limited
• Toyobo Co., Ltd.
• Kuraray Co., Ltd.
• Unitika Group
• Furukawa Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2023, ITOCHU Corporation, with its headquarters located in Minato-ku, Tokyo, and its president and COO, Keita Ishii, revealed that it has made an investment in Ecommit Corporation, which is based in Satsuma-Sendai City, Kagoshima, and has a representative director named Teruyuki Kawano. Ecommit is a company that is establishing resource recycling operations through the reuse and recycling of materials.

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Textile Recycling Market based on the below-mentioned segments:

Japan Textile Recycling Market, By Material Type

• Cotton
• Wool
• Polyester
• Polyamide

Japan Textile Recycling Market, By Source

• Apparel Waste
• Automotive waste
• Home Furnishing Waste