In 2023, the import of cotton yarn waste to India stood at 8.5 million kilograms. Forecasts suggest a consistent increase from 8.9169 million kilograms in 2024 to 10.557 million kilograms in 2028. The year-on-year growth shows a steady rise averaging around 3% over the five-year period, with a compound annual growth rate (CAGR) of approximately 4.3% for 2024-2028, indicating a strong, persistent demand.
Future trends to watch:
- Adoption of sustainable and recycled textiles driving demand for cotton yarn waste.
- Economic growth and policy changes impacting import regulations and costs.
- Technological advancements influencing the efficiency in recycling processes.