Get In Touch

Yarn Waste Market: Overview

Waste produced during the manufacturing process is called yarn waste. It is usually collected and sold to waste spinners at a relatively low price. Certain blending of wastes with new materials is necessary in order to upgrade the quality of waste yarns. If the waste yarn is directly used without adding new material, the rate of breakage gets increased. The textile industry generates large amount of waste with potential for recycling, so the special other market formed for the recycling of the textile materials. This market is also known as “waste exchange system.” Yarn waste is created by the textile industry.

Yarn Waste Market: Drivers & Restraints

The yarn waste market is driven by the increase in demand for yarn waste in the textile industry. Textile is an important consumer goods industry. New trends in the emerging fashion industry is also a major driver of the yarn waste market.  However, the textile industry is facing environmental challenges, due to the toxic chemicals and wastewater emitted by the industry. The yarn waste market is also facing challenges, as governments of various regions are imposing stringent regulations on the disposal of yarn waste, since most companies discard their wastes in the environment.

Yarn Waste Market: Key Segments

Based on raw material, the yarn waste market can be segmented into cotton yarn waste, wool yarn waste, polyester yarn waste, Banian yarn waste, and others. Cotton yarn waste is mostly produced in large quantities, and can also be recycled easily than others. Large percentage of cotton and polyester waste used in textiles and apparel products contributes to the successful recycling program of yarn waste.

The yarn waste market is segmented on the basis of the yarn waste manufacturing process. When the textile is going through the manufacturing process, it creates lots of yarn waste from yarn preparation, weaving, printing, dying, finishing and also quality check and process. The majority of waste is generated during these process. The yarn waste is generated during the knitted scraps, cut selvedges, flying fibers, beating of waste, blending with virgin materials, carding, doubling and drawing, and open-end spinning frame. Yarn waste is generated at each stage of textile production.

Yarn Waste Market: Regional Outlook

In terms of geography, the global yarn waste market can be into Latin America, North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the global yarn waste market. It is closely followed by Europe and North America. Increase in production capacity is anticipated to boost the market in Asia Pacific. China accounted for the major share of the yarn waste market in Asia Pacific in 2017. However, the yarn waste market is expanding at a rapid pace in North America and Europe. Ongoing technological advancements and launch of new products are estimated to boost the demand for yarn waste in these regions during the forecast period. The market in Latin America and Middle East & Africa is projected to expand at a moderate pace during the forecast period.

Yarn Waste Market: Key Players

Key players operating in the global yarn waste market are Leigh Fibers Inc., Indorama Ventures, Martex Fiber, Polyfibre Industries Pvt Ltd., Sandeep International, Poole Company, Inc., RSWM Ltd., and Unifi, Inc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Yarn Waste Market

Pre Book