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Global Textile Recycling Market is predicted to reach USD 12.8 Billion at a CAGR of 6.60% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Textile Recycling Market” that contains information from 2022 to 2032. The Global Textile Recycling Market is estimated to register a CAGR of 6.60% during the forecast period of 2022 to 2032.


MRFR recognizes the following companies as the key players in the Global Textile Recycling Market Anandi Enterprises, American Textile Recycling Service, Boer Group Recycling Solutions, I:Collect GmbH, Infinited Fiber Company, Patagonia, Prokotex, Pure Waste Textiles, Retex Textiles, and Unifi, Inc.


Textile Recycling Market Highlights


The Global Textile Recycling Market is accounted to register a CAGR of 6.60% during the forecast period and is estimated to reach USD 12.8 Billion by 2032.


The Textile Recycling market refers to the global industry involved in the collection, processing, and reprocessing of used or discarded textiles to create new products. Textile recycling aims to divert textiles from landfills and incineration, reducing the environmental impact of textile waste and promoting a more sustainable and circular economy. The process involves sorting, cleaning, and transforming old textiles into reusable materials, which are then used to manufacture new clothing, accessories, and other textile products. The primary driver of the Textile Recycling market is the growing awareness of environmental sustainability and the need to minimize textile waste. The fashion and textile industry is notorious for its significant environmental footprint, with large quantities of textiles ending up in landfills each year. Textile recycling provides a viable solution to address this issue, allowing used textiles to be repurposed and transformed into new products, reducing the demand for new raw materials and decreasing the overall environmental impact.


Segment Analysis


The Global Textile Recycling Market has been segmented based on Material, Textile Waste, Distribution Channel End Use Industry, and Process.


Based on Material, the market is segmented into Cotton, Polyester & Polyester Fiber, Wool, Nylon & Nylon Fiber, and Others. In 2022, the cotton segment dominated the global market. Recycled cotton is considered a sustainable choice as it requires significantly fewer resources than conventional or organic cotton, leading to a reduction in textile waste.


Based on Textile Waste, the Market has been segmented Pre-consumer and Post-consumer. The post-consumer segment emerged as the dominant force in the global market in 2022. Post-consumer textile waste includes damaged, rejected, worn-out, or out-of-style clothing discarded by consumers. It encompasses any clothing that consumers dispose.


Based on Distribution Channel, the Market has been segmented Online and Retail & Departmental Stores. In 2022, the online segment dominated the Textile Recycling Market. Online sales now account for approximately a quarter of all retail sales, and the industry is experiencing rapid expansion. Retailers that overlook e-commerce risk losing business as an increasing number of customers prefer to place orders online.


Based on Process, the Market has been segmented Mechanical and Chemical. In 2022, the mechanical segment dominated the Textile Recycling Market. This is primarily due to the prevalence of market participants who recycle textiles through mechanical means rather than chemical processes.


Based on End Use Industry, the Market has been segmented Apparel, Home Furnishings, Industrial & Institutional, and Others. In 2022, the apparel segment dominated the Textile Recycling Market. It comprises waste generated by excess fabric used in manufacturing, rejected or damaged clothing, and post-consumer discarded clothing and footwear.


Regional Analysis


The Global Textile Recycling Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Textile Recycling Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Textile Recycling Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Textile Recycling Market comprises of Middle East, Africa, and Latin America.


In 2022, the North America Textile Recycling Market asserted its dominance, capturing a significant market share of 45.80%. This surge can be attributed to an increase in consumer spending on products and services. As consumer spending rises, there is a greater demand in the region for textile recycling activities and sustainable solutions for managing textile waste.


In 2022, the Europe Textile Recycling market achieved a healthy market share, driven by increasing government support from various nations and the implementation of recycling-related programs. The German Textile Recycling market held the largest market share within Europe, while the U.K. Textile Recycling market exhibited rapid growth, making it the fastest-growing market in the region.


The Asia-Pacific Textile Recycling market is expected to witness significant growth from 2023 to 2032. This growth is attributed to growing concerns about the environmental impact of textile waste, expanding government initiatives for managing textile waste, and ongoing advancements in cutting-edge technologies for textile recycling.  


Key Findings of the Study



  • The Global Textile Recycling Market is expected to reach USD 12.8 Billion by 2032, at a CAGR of 6.60% during the forecast period.

  • India's expanding industrial and manufacturing activities have contributed significantly to the surge in pallet demand in the country.

  • Based on Material, the Market has been segmented into Cotton holding the largest market in 2022.

  • Anandi Enterprises, American Textile Recycling Service, Boer Group Recycling Solutions, I:Collect GmbH, Infinited Fiber Company, Patagonia, Prokotex, Pure Waste Textiles, Retex Textiles, and Unifi, Inc.


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Pages 128
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