The textile recycling market was projected at USD 8.1 billion in 2023, projected to grow at a CAGR of 6.5% during the forecast period. The textile recycling market size is esteemed to reach USD 10.9 billion by 2029 from USD 8.63 billion in 2024.
Textile recycling is the process of manufacturing new or useful products from used textiles where the recovery of fiber, yarn, or fabric is achieved through different processes. Textile recycling is one of the finest processes to combat the impact of environmental changes by saving natural resources like water and petroleum. On the other hand, it completely reduces the use of unnatural products like dye, herbicides, and others, which helps in reducing environmental pollution.
The demand for textiles is rapidly increasing with the growing population across the world, and the need to recycle in every possible way can help conserve natural resources. Penetration of the most advanced technologies in recycling the used textiles that form a new fabric that can be used to design a new style of dress, respectively, is likely to promote opportunities for the textile recycling market in the coming years.
The rising amount of textile waste, with the eventually increasing demand for the production and consumption of various fashionable clothes, is surging the growth rate of the textile recycling market. For instance, China is the world's largest producer of synthetic fiber, where it produces more than 85 billion meters of fabric annually. Therefore, the need to adopt advanced technologies to recover the textile waste and process the used or any other fabric to create new fabric for further use is simply magnifying the growth rate of the market.
In addition, the lifespan of the fabric is becoming shorter year on year, and the demand for the production of new designer clothes has been increasing in recent years, which is likely to evaluate the growth rate of the textile recycling market. Stringent rules and regulations by government authorities to deal with environmental concerns by quickly adopting the new changes in technologies and avoiding textile waste as much as possible are solely to leverage the growth rate of the textile recycling market. According to recent survey reports, in 2023, an estimated 11.3 tons of textile waste in America will end up in landfill areas. That means more than 85% of the textiles that are produced end up in landfills annually, which is a huge concern over the impact on climatic conditions. According to the Waste and Resources action program, the UK requires approximately 8 kg of new clothing per person every year, and the production of the textile rate has increased by 13%, which clearly indicates the need for the recycling of textiles in various ways. The popularity of manufacturing clothing with different fabrics is likely to increase the growth rate of the textile recycling market.
However, a lack of complete knowledge of the benefits of recycling used textiles is limiting the growth opportunities for the textile recycling market. There is no proper equipment to recycle used clothes in many areas due to a lack of proper awareness, which also limits the market's growth rate. In undeveloped countries, the demand for textile recycling is very low as there is no high support from the government authorities, which certainly degrades the high growth rate of the market. Due to the economy, few countries promote highly advanced technologies in reusing clothes, which is definitely a major drawback for the market to grow in the coming years.
The textile recycling market is likely to have huge growth opportunities in coming years with the growing collaborations between the key companies and increasing prominence to give priority to launching new products. Key companies are collaborating with other companies to recover textile waste from various sources, which is likely to gear up the chances for the recycling of used clothes. Therefore, the key strategy of the top companies is to surge the growth rate of the textile recycling market.
Also, increasing support from the public and private sectors through investments to increase the production rate of recycling used textiles or waste textiles is important to level up the market's growth opportunities in the coming years.
Stringent actions by the government to not use harsh chemicals while recycling textile waste are a major challenging factor for the market's key players. In general, companies use harsh chemicals while producing textiles, which is an environmental concern that negatively impacts climatic changes. Therefore, strict rules to completely ban the use of harmful chemicals while producing or recycling textiles are slowly degrading the opportunities of the textile recycling market.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
6.5% |
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Segments Covered |
By Material, Textile Waste, Distribution Channel, Process, End-User Industry and Region |
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Various Analyses Covered |
Global, Regional, & Country Level Analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Market Leaders Profiled |
Lenzing AG (Austria), Birla Cellulose (India), HYOSUNG TNC (South Korea), Unifi, Inc. (US), Patagonia, Inc. (US) |
The decreasing production rate of cotton fabric with renewable sources is becoming tough due to the lack of a continuous supply chain of raw materials across the world. Therefore, the need to recycle the cotton fabric by blending with various materials to meet the requirements is additionally to promote the market's growth rate.
The launch of different products using various textiles with different compositions shall level up the polyester segment's growth rate during the forecast period. This fabric is available at affordable prices and can be easily recycled with specific process that is majorly attributed in surging the growth rate of the market.
Pre consumer textile waste is unused fabric which is wasted in the fashion industry that did not reach the customer. Fashion industry has huge amount of textile waste which can be easily recycled for further use which is gearing up the growth opportunities for the market in the foreseen years.
Post consumer segment is growing at steady pace with creating popularity over the demand for the clothes that are manufactured using recycled fabric. In both developed and developing countries, people are inclined to new products that are manufactured using recycled fabric. Top most companies are also in major role to launch various kinds of clothes to attract huge customers across the world.
The penetration of e-commerce and good deals with great discount offers in online stores are promoting the growth rate of the market, mainly in urban cities. Many people have had to shop for clothes through online stores in recent years, which is attributed to gearing up the market's growth rate. Retail & departmental stores segment is projected to have the highest share during the forecast period.
Due to stringent rules and regulations by the government to reduce the use of hazardous chemicals to promote environmentally friendly products, the demand for the mechanical textile process is soaring. The chemical process segment is likely to have potential growth opportunities in the foreseen years. Companies are looking forward to adopting new technologies to find ways to reduce carbon emissions using hazardous chemicals, which is set to level up the opportunities for the chemical process segment in the coming years.
The demand for different styles of apparel has been growing dominantly for many years due to the growing number of people across the world and the need to increase the production rate to meet the supply needs. The home furnishings segment is solely to hit the highest CAGR by the end of 2029.
The most populous countries, India and China, are moving forward to adopt the textile recycling process in a more effective way to increase the supply chain of clothes to fulfill the requirements of the growing population, which is likely to fuel the market growth in this region. Textile waste is very high in China every year, where more than 26 million tons of textiles are wasted due to the presence of a high number of fashion industries, according to government statistics. Therefore, the prominence of reusing textile waste through recycling is elevating the growth rate of the market in this country.
Rapid adoption of the advanced technology in textile industry is likely to surge the demand for the growth rate of the textile recycling market. US is likely to have the most dominant market share throughout the forecast period.
These steps towards reducing environmental pollution are adding up to the great scope of the textile recycling process. European countries are hubs for most fashionable clothes, and there will be a huge textile wastage during this whole process. The need to recycle that waste through various processes is solely to increase the market's growth rate in the European region.
Lenzing AG (Austria), Birla Cellulose (India), HYOSUNG TNC (South Korea), Unifi, Inc. (US), Patagonia, Inc. (US) are some of the notable companies in the global Textile Recycling market.
By Material
By Textile Waste
By Distribution Channel
By Process
By End-use Industry
By Region
Frequently Asked Questions
The textile recycling market has been growing steadily, with increasing awareness of environmental issues. The market size varies by region and is influenced by factors such as government regulations, consumer behavior, and advancements in recycling technologies.
Key challenges include the complexity of recycling blended fabrics, the presence of non-recyclable contaminants, the cost of recycling processes, and the need for better consumer awareness and participation.
The future of textile recycling looks promising, with expected growth driven by increased environmental awareness, advancements in recycling technologies, and supportive government policies. However, the industry will need to address current challenges to reach its full potential.
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