Global Textile Recycling Market

Report Code: AVM246A

Publish Date: Mar 2024

Publisher: BCC Publishing

Category: Advanced Materials

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Report Highlights

The global market for textile recycling is expected to increase from $8.0 billion in 2023 to $11.1 billion by the end of 2028, with a compound annual growth rate (CAGR) of 7.0% during the forecast period of 2023-2028.

Report Includes

  • 54 data tables and 55 additional tables
  • An overview of the current and future global market for textile recycling technology
  • Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028
  • Estimate of the actual market size and revenue forecast for the global textile recycling market, and a corresponding market share analysis based on material type, textile waste, process, distribution channel, end-use industry and region
  • Facts and figures pertaining to the market drivers, opportunities and challenges, emerging technologies and future prospects
  • Discussion of sustainability trends and factors in the textile recycling market, with emphasis on consumer attitudes, ESG scores, case studies and the ESG practices of leading companies
  • An analysis of relevant patents
  • Overview of the major vendors along with an analysis of the industry structure, including company market shares, recent M&A activity and venture funding
  • Competitive intelligence on the leading market players, their global rankings, recent developments, key financials and segmental revenues, and product portfolios
  • Company profiles of major players within the industry, including Lenzing AG, Birla Cellulose, Hyosung TNC, and Unifi Inc.

Report Scope

The report will include details about various types of materials used in textile recycling, end-use industries for textile recycling, distribution channels of textile recycling, types of textile waste, and processes of textile recycling. Estimated values are based on manufacturers’ total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The report contains comprehensive information regarding the textile recycling industry and the users thereof.

The global textile recycling market is segmented into the following categories:

  • Material type (polyester, cotton, nylon, wool).
  • Process type (chemical and mechanical).
  • Textile waste (post-consumer waste and pre-consumer waste).
  • Distribution channel (online and offline).
  • End-use (apparel, home furnishing, industrial).
  • Region: North America, Europe, Asia-Pacific (APAC), and the rest of the world (RoW).

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $7.5 billion
Market size forecast $11.1 billion
Growth rate CAGR of 7.0% for the forecast period of 2023-2028
Units considered $ Millions
Segments covered Material Type, Process Type, Distribution Channel, Waste Type, End-Use
Regions covered North America, Europe, Asia-Pacific, Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, Germany, France, U.K., Italy, The Netherlands, Spain, Belgium, Switzerland, Poland, China, India, Japan, South Korea, Taiwan, Vietnam, Thailand, Singapore, the Philippines, Malaysia, Indonesia, Middle East, Africa, South America
Key Market Drivers
  • Increasing Demand for Textile Fiber
  • Government Support for Circular Economy
Companies studied
AMERICAN-RECYCLERSANANDI TEXSTYLES
BIRLA CELLULOSEBOER GROUP
HYOSUNG TNCLEIGH FIBERS
LENZING AGMARTEX FIBER
OTTO-GARNEPATAGONIA INC.
PISTONI SRLPROCOTEX CORP.
RENEWCELLTEXTILE RECYCLING INTERNATIONAL
UNIFI INC.
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Frequently Asked Questions (FAQs)

The global Textile recycling market is projected to grow from $7.5 billion in 2022 to $11.1 billion in 2028 at a compound annual growth rate (CAGR) of 7.0% during the forecast period.
The key factors driving the growth of the textile recycling market include:
  • Increasing demand for textile fiber
  • Government support for circular economy
The textile recycling market is segmented on the basis of material type, end-use, process, distribution, waste type, and region. By material type, it is segmented into polyester, cotton, nylon, wool, and others; by end-use, the market is segmented into apparel, industrial, home furnishing, and others; by process, the market is segmented into mechanical and chemical; by distribution, the market is segmented into offline channel and online channel; by waste type, the market is segmented into post-consumer waste and pre-consumer waste.
The apparel segment will dominate by the end of 2028.
Europe holds the highest share of the market. The European Union and European Environment Agency (EEA) designed strict rules for textile landfills. Subsequently, growing research and development activities by European textile companies further create better opportunities for textile recycling companies. The European trade business further creates immense opportunities for textile recycling producers globally.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Textile Recycling Market125Free
Chapter- 1: Introduction4Free
Chapter- 2: Summary and Highlights4Free
Chapter- 3: Market Overview8Free
Chapter- 4: Market Dynamics7Free
Chapter- 5: Emerging Technologies and Development2Free
Chapter- 6: Global Textile Recycling Market by Process5Free
Chapter- 7: Global Textile Recycling Market by Textile Waste5Free
Chapter- 8: Global Textile Recycling Market by Material7Free
Chapter- 9: Global Textile Recycling Market by End-Use Industry6Free
Chapter- 10: Global Textile Recycling Market by Distribution Channel4Free
Chapter- 11: Global Textile Recycling Market by Region20Free
Chapter- 12: Sustainability in the Textile Recycling Industry: An ESG Perspective9Free
Chapter- 13: Patent Analysis5Free
Chapter- 14: M&A and Fundings Outlook1Free
Chapter- 15: Competitive Intelligence3Free
Chapter- 16: Company Profiles33Free
Chapter- 17: Appendix: Abbreviations2Free

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Global Textile Recycling Market
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