openPR Logo
Press release

Textile Recycling Market Poised for Significant Growth, Projected to Reach USD 10.57 Billion by 2030

Textile Recycling Market

Textile Recycling Market

The ๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 6.89 Bn in 2023 and Textile Recycling Market revenue is expected to reach USD 10.57 Bn by 2030, at a CAGR of 6.3 % over the forecast period (2024-2030).

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The textile recycling market is gaining momentum as the global population grows and living standards improve. With millions of garments produced annually, a large portion of textile waste, including fiber manufacturing off-cuts, is generated. Recycling these materials helps reduce landfill waste and supports sustainability initiatives. As the demand for eco-friendly solutions increases, the textile recycling market continues to expand, providing a valuable alternative to traditional textile production processes.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/222664/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The growing focus on sustainability and environmental impact is a major driver in the textile recycling market. Additionally, the rise in consumer awareness about the ecological consequences of textile waste, coupled with government regulations encouraging recycling, fuels the demand for recycled textiles. This trend, along with the shift towards circular economies in the fashion industry, is driving growth in the sector.

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Textile recycling is embracing innovations like advanced sorting technologies and eco-friendly processing methods. The integration of automation, along with the rise of AI and machine learning, has improved efficiency in recycling operations. Furthermore, brands are increasingly adopting sustainable practices, and there is a growing demand for recycled fibers in garment production, which is contributing to the market's expansion.

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The textile recycling market presents opportunities in developing advanced recycling technologies, such as chemical recycling, which enables the repurposing of fibers that traditional methods cannot process. Additionally, partnerships between brands and recycling companies, along with investments in sustainable production practices, open up new avenues for growth. There is also rising potential in emerging markets where environmental awareness and textile waste management are evolving.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/222664/

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

In Vietnam, textile recycling opportunities are expanding as the government incentivizes recycling technologies. A growing population, rising consumption, and eco-conscious consumer trends are paving the way for significant growth. Major local players, including ๐•๐ข๐ง๐š๐ญ๐ž๐ฑ, are exploring innovative ways to recycle and reuse textiles, further contributing to sustainability.

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand sees robust investment in textile recycling infrastructure, with government backing for green initiatives. Companies like ๐“๐ก๐š๐ข ๐†๐š๐ซ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐€๐ฌ๐ฌ๐จ๐œ๐ข๐š๐ญ๐ข๐จ๐ง are boosting efforts to reduce textile waste. With its growing textile sector, Thailand is well-positioned for high recycling rates, aligning with global sustainability goals.

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

In Japan, a global leader in technology, textile recycling has become a prominent feature in the fashion industry. Companies like ๐”๐ง๐ข๐ช๐ฅ๐จ are committed to using recycled fibers and reducing textile waste. Japan's innovative recycling methods, coupled with government regulations, promote a circular economy approach within the country.

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's textile recycling industry is experiencing consolidation, with major firms like ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐‚&๐“ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง investing heavily in recycling technology. With strong regulatory frameworks and sustainable fashion initiatives, the nation is making substantial strides toward increasing its recycling capacity.

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore leads with its state-of-the-art waste management facilities and strong sustainability-driven policies. The city-state's ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ ๐‚๐จ๐ฎ๐ง๐œ๐ข๐ฅ is promoting textile recycling initiatives, creating a model for other ASEAN countries. Additionally, ๐‡&๐Œ and other brands are focused on circular fashion models to address textile waste effectively.

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States is a key player in the textile recycling industry, with a growing market size projected to expand significantly by 2030. Companies like ๐–๐š๐ฌ๐ญ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ, ๐ˆ๐ง๐œ. are investing in new technologies to increase the rate of textile waste recycling. Furthermore, ๐๐ข๐ค๐ž'๐ฌ and ๐‹๐ž๐ฏ๐ข'๐ฌ recycling programs are driving a positive trend toward sustainable garment practices.

๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe remains at the forefront of textile recycling, with Germany and France leading the charge in sustainability. The European Union mandates textile waste collection and recycling, and ๐ˆ๐ง๐๐ข๐ญ๐ž๐ฑ is one of the leaders in adopting circular economy models for garment reuse. The region's growing commitment to sustainable fashion reflects significant growth potential for the textile recycling market.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐ 

โ™ฆ ๐๐š๐ญ๐š๐ ๐จ๐ง๐ข๐š has launched a new collection made entirely from recycled materials, showing its commitment to eco-friendly practices.
โ™ฆ ๐‡&๐Œ has expanded its recycling program in Europe, collecting more than 15,000 tons of textile waste annually.
โ™ฆ ๐๐ข๐ค๐ž and ๐‹๐ž๐ฏ๐ข'๐ฌ have partnered with local recyclers to introduce circular production models for their apparel lines.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/222664/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Material

Cotton
Polyester
Wool
Polyamide
Others

by Source

Apparel Waste
Home Furnishing Waste
Automotive Waste
Others

by Process

Mechanical
Chemical
Thermal

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐“๐ž๐ฑ๐ญ๐ข๐ฅ๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

Leigh fibers inc
2. usha yarns ltd
3. Khaloom Textiles India Pvt. Ltd.
4. American Textile Recycling Service
5. Suez Environment S.A.
6. Prokotex
8. Salvation Army
9. martex fiber southern corp.
10. Soex Group
11. Worn again technologies
12. Birla Cellulose
13. BLS Ecotech
14. The Woolmark Company
15. Ecotex Group
16. Boer Group Recycling Solutions
17. Collect GmbH
18. Textile Recycling International
19. Collect GmbH,
20. Patagonia,

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/textile-recycling-market/222664/

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Acrylic Resins Market https://www.maximizemarketresearch.com/market-report/global-acrylic-resins-market/26325/

โ™ฆ White Biotechnology Market https://www.maximizemarketresearch.com/market-report/global-white-biotechnology-market/98059/

โ™ฆ Connected Healthcare Market https://www.maximizemarketresearch.com/market-report/connected-healthcare-market/121763/

โ™ฆ Statin Market https://www.maximizemarketresearch.com/market-report/global-statin-market/77560/

โ™ฆ Power Electronics Market https://www.maximizemarketresearch.com/market-report/global-power-electronics-market/25410/

โ™ฆ Makeup Remover Market https://www.maximizemarketresearch.com/market-report/global-makeup-remover-market/19695/

โ™ฆ Email Marketing Market https://www.maximizemarketresearch.com/market-report/global-email-marketing-market/31834/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Textile Recycling Market Poised for Significant Growth, Projected to Reach USD 10.57 Billion by 2030 here

News-ID: 3806389 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

3D Display Market Expanding at a Strong CAGR 18.8% with Asia-Pacific as the Most Demanding Region
3D Display Market Expanding at a Strong CAGR 18.8% with Asia-Pacific as the Most โ€ฆ
The 3D Display Market size was valued at USD 149.35 Billion in 2024 and the total 3D Display revenue is expected to grow at a CAGR of 18.8% from 2025 to 2032, reaching nearly USD 592.58 Billion. Market Overview The global 3D display market is steadily transforming how visual content is experienced across industries. Unlike traditional flat displays, 3D display technologies create depth perception without requiring special glasses, delivering a more immersiveโ€ฆ
Automotive Repair and Maintenance Services Market 2025-2032: Growth, Trends, Challenges & Strategic Outlook
Automotive Repair and Maintenance Services Market 2025-2032: Growth, Trends, Cha โ€ฆ
The Global Automotive Repair and Maintenance Services Market was valued at approximately USD 784.59 Billion in 2024 and is projected to reach USD 1259.99 Billion by 2032, expanding at a CAGR of 6.1% during the forecast period. Market Overview The global automotive repair and maintenance services market is experiencing robust growth propelled by increasing vehicle ownership, rising complexity of vehicle systems, and growing demand for specialized servicing solutions. The market includes servicesโ€ฆ
Nanosensor Market Growth Outlook Signals a 6.38% CAGR Driven by Advanced Sensing Technologies
Nanosensor Market Growth Outlook Signals a 6.38% CAGR Driven by Advanced Sensing โ€ฆ
The Nanosensor Market size was valued at USD 844.02 Mn. in 2023 and the total revenue is expected to grow by 6.38% from 2024 to 2030, reaching nearly 1302.22 Mn. The Nanosensor Market is rapidly emerging as a transformative force across healthcare, electronics, environmental monitoring, energy, and industrial automation. Nanosensors are ultra-small sensing devices capable of detecting physical, chemical, and biological changes at the molecular or atomic level. Their ability toโ€ฆ
Ceramic Capacitor Market Size, Share & Forecast 2025-2032: Driven by Electrification, Miniaturization & IoT Demand
Ceramic Capacitor Market Size, Share & Forecast 2025-2032: Driven by Electrifica โ€ฆ
The global Ceramic Capacitor Market was valued at approximately USD 25.54 Billion in 2024 and is projected to reach around USD 40.40 Billion by 2032, growing at a CAGR of 5.9% through 2032. Market Overview A ceramic capacitor is an essential passive electronic component that stores and releases electrical energy using a ceramic dielectric material. Due to their reliability, small size, and cost-effectiveness, ceramic capacitors are ubiquitous across modern electronics - fromโ€ฆ

All 5 Releases


More Releases for Textile

Textile Market Size, Growth Analysis 2031 by Key Vendors- INVISTA, Lu Thai Texti โ€ฆ
๐”๐’๐€, ๐๐ž๐ฐ ๐‰๐ž๐ซ๐ฌ๐ž๐ฒ: According to Verified Market Reports analysis, the global Textile Market size was valued at USD 593.9 Billion in 2023 and is projected to reach USD 775.2 Billion by 2031, growing at a CAGR of 4.3% during the forecasted period 2024 to 2031. What is the current outlook for the textile market? The textile market has shown resilience, recovering after global disruptions like the COVID-19 pandemic. According to industry reports,โ€ฆ
Expanding Textile Industry is Boosting the Indian Textile Chemicals Market
Indian textile chemicals market is estimated to grow at a substantial CAGR of 5.1% during the forecast period (2024-2031). The market growth is driven by the rising middle class, increasing urbanization, and the rising number of nuclear families, which have resulted in Westernized tastes and higher consumption and spending. In addition, technical textiles, and fast fashion trends are driving the market growth. Moreover, industrial manufacturing in the country has emergedโ€ฆ
Textile Tester Market Is Driven by Increasing Demand for Textile Testing from th โ€ฆ
A textile tester is a device that is used to test the physical and chemical properties of textile materials. It is used to determine the strength, durability, and other characteristics of textile materials. Download Sample PDF Of This Report: https://www.globalinsightservices.com/request-sample/GIS23209 Key Drivers The key drivers of the Textile Tester market are the increasing demand for textile testing from the textile industry and the growing awareness of the importance of textile testing. The textileโ€ฆ
Textile Care Services Market Potential growth, Major Strategies, Future Industry โ€ฆ
"Worldwide Market Reports offers ๐”๐ฉ๐ญ๐จ ๐Ÿ•๐ŸŽ% ๐๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ on Textile Care Services Market Reports on Single User Access and Unlimited User Access" The report discusses everything a marketer requires before investing in the global Textile Care Services during the forecast period 2023-2030. It provides detailed insight into current trends, shares, size, and sales value and volume. The data used for this report is obtained from reliable industry sources, paid resources, and validatedโ€ฆ
Global Textile Colorant Market, Global Textile Colorant Industry, Textile Colora โ€ฆ
Textile colorants are specific products that can be added or applied to substrate to give color. They are commonly available in the form of pigments, dyes, and dry powder. They are manufactured with eco-friendly application with advanced technologies and regulations that supports the environment. In the composition context, textile colorant market can be categorized as thermo-chromic textile colorant and photochromic textile colorant. Textile industry accounts for largest consumption of colorantsโ€ฆ
Global Household Textile Market Analysis 2023 โ€“ Top Players Fuanna Bedding and โ€ฆ
KD Market Insights has presented a detailed report on โ€œHousehold Textile Market - By Product Type (Non-woven Textile, Woven Textile), By Application (Bed, Furniture, Door & Window, Dining & Wash, Ground), Global Region - Market Size, Share & Forecast 2018-2023โ€ which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a stepโ€ฆ