In 2023, Japan's import of cotton waste, except garnetted stock, was estimated at approximately 12.25 million kilograms. Forecast data suggests a steady increase from 2024 to 2028, with year-on-year growth rates around 2.4% to 2.7% during this period. The five-year compound annual growth rate (CAGR) is expected to be approximately 2.3%, indicating a consistent upward trend in imports.
Future trends to watch for include:
- Emerging sustainable practices in textile recycling, which may impact the demand for imported cotton waste.
- Shifts in Japan's domestic textile industry potentially affecting import needs.
- Global cotton waste market dynamics, including supply chain disruptions or changes in supplier countries.