Textile Recycling Market Global Trends And Revenue Growth Up To 2030

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Textile Recycling Industry

The global textile recycling market size was valued at USD 4,632.4 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2030.

The rising environmental concern about textile waste production and growing social awareness about textile recycling is expected to propel the market growth.According to the Environmental Protection Agency (EPA), 5% of landfill space is occupied by textile waste. The U.S. produces an average of 25 billion pounds of textiles yearly or around 82 pounds per citizen. These aforementioned factors are expected to drive the demand for textile recycling over the forecast period. Textile waste recycling provides environmental sustainability. Upcycling is a potential recycling approach that maximizes resource conservation of water, raw materials, and energy and minimizes the environmental impact. Furthermore, textile recycling lessens the environmental effect compared to textile incineration and landfill disposal. By replacing items made from primary resources, resource recovery can result in considerable environmental advantages. All the aforementioned factors are expected to boost the market growth over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Global Textile Recycling market

Textile Recycling Market Segments Highlights:

Material Insights

The cotton material segment led the market and accounted for 69.7% of the global textile recycling revenue share in 2022. Recycled cotton reduces textile waste and uses considerably fewer resources than conventional or organic cotton, making it a sustainable option. Due to its considerable demand and utilization in clothing and other textiles, cotton is one of the biggest contributors to textile waste. In the textile sector, wool apparel has better intrinsic durability and longer shelf life.

Source Insights

The apparel waste segment accounted for 28.9% of the global textile recycling revenue in 2022. It consists of waste produced by the leftover fabric during the manufacturing, rejected/damaged garments, and post-consumer discarded clothes, and shoes, among others. Over the last two decades, the average lifespan of a new garment has reduced significantly, resulting in more waste products from the apparel industry. These aforementioned factors are expected to drive the demand for the textile recycling of apparel.

Process Insights

The mechanical segment led the market share and accounted for 70.8% market revenue share in 2022. This is mainly attributed to a large number of players in the market recycling textiles using mechanical process comparatively more than the chemical process. The benefits of using these yarns processed through the mechanical process include the reduced need for chemical processing in the dyeing process because the fibers have color from the previous dyeing, making the entire process waterless.

Regional Insights

Europe region led the textile recycling industry and accounted for 29.6% of the global revenue share in 2022. The market in the region is also expected to grow significantly in the coming years owing to surging support from governments of the countries and an increasing number of initiatives related to recycling. The Waste and Resources Action Program (WRAP) registered in the UK and operational across Europe with the support of local governments and private firms, promotes the recycling of waste, including textile waste in the region.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

  • The global nylon market size was estimated at USD 34.39 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2030.
  • The global polyamide market size was valued at USD 33.30 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2028.

Key Companies & Market Share Insights

The global market is still niche and at a developing stage. The market is fragmented and is characterized by the presence of small-scale key players. Key strategies opted by the key players include technological development, expansion, and merger and acquisitions, to increase revenue generation and market share.

In April 2023, Zara partnered with Circ to launch a womenswear collection made with recycled polyester and lyocell separated from blended textile waste. Furthermore, in June 2020, the PET recycling facility of AG Resinas Ltda. Was acquired by Indorama Ventures Public Company Limited through one of its subsidiaries. The company acquired a 100% equity stake. AG Resinas is located in Juiz de Fora, Brazil, and processes post-consumer PET into recycled flakes and pellets of PET. Some prominent players in the global textile recycling market include:

  • Worn again technologies
  • Lenzing Group
  • Birla Cellulose
  • BLS Ecotech
  • The Woolmark Company
  • iinouiio Ltd
  • Ecotex Group
  • The Boer Group
  • Unifi, Inc.
  • Textile Recycling International
  • Hyosung Group
  • Martex Fiber
  • RenewCell
  • Pistoni S.r.l.
  • RE TEXTIL Deutschland GmbH.

Segments Covered in the Report

Grand View Research has segmented the global textile recycling market based on material, source, process, and region:

Textile Recycling Material Outlook (Revenue, USD Million, 2018 - 2030)

  • Cotton
  • Polyester
  • Wool
  • Polyamide
  • Other

Textile Recycling Source Outlook (Revenue, USD Million, 2018 - 2030)

  • Apparel Waste
  • Home Furnishing Waste
  • Automotive Waste
  • Other

Textile Recycling Process Outlook (Revenue, USD Million, 2018 - 2030)

  • Mechanical
  • Chemical

Textile Recycling Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • UAE

Order a free sample PDF of the Textile Recycling Market Intelligence Study, published by Grand View Research.

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