Press release
Textile Recycling Market to Reach USD 13.91 Billion by 2032 - Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report's scope includes detailed segmentation by material type, source type, process type, and region, enabling stakeholders to understand demand drivers, high-growth segments, and regional dynamics. This insight is strategically relevant to manufacturers, recyclers, and investors evaluating opportunities in sustainable textiles.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/4373/textile-recycling-market.html#form
Market Statistics
• Market size (2024): USD 8.14 billion
• Forecast value (2032): USD 13.91 billion
• CAGR: 6.9%
• Forecast period: 2025-2032
• Base year: 2024
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Material Type: Cotton, Polyester, Wool, Polyamide
By Source Type: Apparel Waste, Home Furnishing Waste, Automotive Waste
By Process Type: Mechanical, Chemical
By Region: North America, Europe, Asia-Pacific, Rest of the World
Within material types, the polyester segment dominates and is projected to register the fastest CAGR, supported by its widespread use in fashion and durability, which makes it a key focus for recycling initiatives and chemical recovery technologies.
In source types, apparel waste is expected to grow at a faster pace as fast fashion trends and shorter clothing life cycles generate significant volumes of post-consumer textiles, prompting greater collection and recycling efforts.
For process types, the chemical segment is anticipated to grow at the highest CAGR, driven by innovations that enable high-quality fiber recovery from complex and blended textiles, thereby expanding recycling applicability and supporting circularity goals.
Regional Insights
North America remains the dominant region in the textile recycling market, underpinned by strong environmental policies, established waste collection infrastructure, and collaborative programs between brands and recyclers that advance circular textile initiatives.
Asia-Pacific is the fastest-growing region due to expanding textile production, rising environmental concerns, and increasing investments in recycling technologies and infrastructure, which together drive demand for textile recycling solutions.
Market Drivers
• Rising environmental awareness promotes textile recycling to reduce landfill impact.
• Government policies supporting circular economy initiatives increase recycling investment.
• Collaborations between fashion brands and recycling firms expand recycling infrastructure.
• Technological advancements in chemical recycling improve fiber quality recovery.
• Consumer demand for sustainable and recycled textiles drives market adoption.
Top Companies in the Market
• Worn Again Technologies
• Lenzing Group
• Birla Cellulose
• BLS Ecotech
• The Woolmark Company
• iinouiio Ltd
• Ecotex Group
• The Boer Group
• Unifi, Inc.
• Textile Recycling International
FAQs
1. What is the current size and forecast for the textile recycling market?
The textile recycling market was valued at USD 8.14 billion in 2024 and is projected to reach USD 13.91 billion by 2032, growing at a CAGR of 6.9% from 2025 to 2032.
2. What drives the growth of the textile recycling market?
Growth is driven by rising environmental awareness and circular economy initiatives that encourage sustainable textile waste management and recycling investments.
3. Which material segment is growing fastest in textile recycling?
The polyester segment is expected to register the fastest growth due to its high volume in fashion and suitability for advanced recycling methods.
4. Why is chemical recycling expected to grow rapidly?
Chemical recycling enables recovery of high-quality fibers from blended and complex textiles, expanding the range of recyclable materials and supporting circularity.
5. What regional trends are shaping the market?
North America leads due to strong policy support and infrastructure, while Asia-Pacific is the fastest-growing region due to increasing textile production and investments in recycling technology.
Related Links:
Aminoethylethanolamine market : https://www.ganjingworld.com/news/1i3rig4im0i2qFJg35CpASCgT1uc1c/aminoethylethanolamine-market-rising-demand-across-global-chemical-industries
Automotive adaptive cruise control system market : https://justpaste.it/m69fs
Automotive advanced driver assistance systems market : https://scrapbox.io/researchnews04/Global_Automotive_Advanced_Driver_Assistance_Systems_Market:_Trends,_Drivers,_and_Opportunities
Automotive camera and camera module market : https://logcla.com/blogs/1079411/Innovations-Driving-the-Automotive-Camera-and-Camera-Module-Market-Forward
Battery material recycling market : https://hallbook.com.br/blogs/846999/Battery-Material-Recycling-Market-Trends-Innovations-Shaping-a-Circular-Economy
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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