Press release
Rising Circular Economy Investments Boost Innovation Across the Global Textile Recycling Landscape
Market OverviewThe global Textile Recycling Market size reached USD 5.40 Billion in 2024. It is forecasted to grow at a CAGR of 2.39% during the period 2025 to 2033, reaching a market value of USD 6.71 Billion by 2033. The market growth is supported by heightened environmental concerns, advanced recycling technologies, and supportive government regulations encouraging sustainable textile waste management.
Study Assumption Years
Base Year: 2024
Historical Year/Period: 2019-2024
Forecast Year/Period: 2025-2033
Textile Recycling Market Key Takeaways
• Current Market Size: USD 5.40 Billion in 2024
• CAGR: 2.39% during 2025-2033
• Forecast Period: 2025-2033
• The market growth is driven by increasing environmental concerns and government initiatives on sustainability and landfill reduction.
• Advances in sorting and recycling technologies, including chemical recycling, are key trends.
• Europe leads the industry due to stringent EU waste regulations and high consumer environmental awareness.
• The market is dominated by small specialized firms and large textile companies with common strategic alliances.
• Blended fabrics and post-consumer waste present technical challenges but also opportunities for innovation.
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Market Growth Factors
The textile recycling market is propelled by growing environmental concerns and the urgent need for sustainable waste management practices worldwide. Government initiatives aimed at sustainability and reducing landfill usage amplify market demand. These policies encourage recycling, supported by consumers' rising preference for environmentally responsible products. The global apparel industry's significant contribution to greenhouse gas emissions, approximately 1.8% in 2021, drives demand for sustainable textile production, further benefiting the recycling sector.
Technological advancements play a pivotal role in boosting this market. Adoption of advanced sorting technologies that differentiate textiles by fiber composition and color, along with enhanced mechanical and chemical recycling methods, allow processing of complex textile waste such as blended fibers. Chemical recycling, in particular, transforms textile waste into valuable raw materials, closing the textile loop and decreasing dependency on virgin resources. These innovations tackle key recycling challenges and improve the economic feasibility of recycled textiles.
Corporate sustainability commitments are increasingly shaping market growth. Apparel and fashion companies are setting ambitious targets to incorporate recycled fibers into their products, responding to consumer demands for eco-friendly options. Events such as the launch of a 100% pulp-from-recycled-textile Lyocell T-Shirt demonstrate industry innovation enabled by advanced technologies. These corporate initiatives promote recycling, reshape supply chains, and stimulate continued technological development, fostering a positive outlook for the textile recycling market.
Market Segmentation
Product Type:
• Cotton Recycling: Represents the largest segment due to the widespread use of cotton in fabrics and its relative ease of mechanical recycling compared to synthetics, supported by its biodegradability and lower environmental impact.
• Wool Recycling
• Polyester & Polyester Fiber Recycling
• Nylon & Nylon Fiber Recycling
• Others
Textile Waste:
• Pre-consumer Textile: Largest segment, comprising waste generated before the product reaches consumers, generally cleaner and homogenous, facilitating easier and cost-effective recycling.
• Post-consumer Textile
Distribution Channel:
• Online Channel
• Retail & Departmental Store: Holds the largest share as key retail endpoints that influence product availability and consumer access to recycled textiles, often integrating eco-friendly business models.
End-Use:
• Apparel: Largest end-use segment driven by sustainable fashion trends and demand for recycled fibers among both luxury and fast fashion brands.
• Industrial
• Home Furnishings
• Non-woven
• Others
Region:
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
o Turkey
o Saudi Arabia
o Others
Regional Insights
North America dominates the textile recycling market, attributed mainly to its strict regulatory frameworks, high levels of consumer environmental awareness, and significant investments in advanced recycling technologies. The United States and Canada enforce robust environmental protection regulations and government policies promoting sustainable textile operations. This region also benefits from a well-established recycling infrastructure and strong industry collaboration, making it a global best practice leader in textile sustainability.
Recent Developments & News
• June 01, 2023: Boer Group Recycling Solution introduced a mobile NIR spectroscopy solution to enhance the efficiency of identifying and sorting textile materials.
• May 24, 2023: Infinited Fiber Company signed an agreement with SOEX on textile waste feedstock for Infinited Fiber's flagship factory.
These developments emphasize technological innovation and strategic partnerships in the textile recycling sector, aiming to improve sorting efficiency and secure raw material supplies.
Key Players
• Birla Cellulose (Aditya Birla Group)
• BLS Ecotech Ltd. (BLS Group)
• Boer Group
• Lenzing AG
• Martex Fiber (Leigh Fibers)
• Pistoni S.r.l.
• Remondis SE & Co. KG
• Respun (Kay Gee Enterprises)
• Unifi Inc.
• Usha Yarns Ltd.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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