The Recycled Textiles Market is projected to reach USD 14.65 billion by 2033, up from USD 6.94 billion in 2023, with an expected compound annual growth rate (CAGR) of 6.41% over this period. This market encompasses the sector dedicated to the processing and commercialization of textiles derived from recovered waste or unused materials. It involves transforming both pre-consumer and post-consumer textile waste into new products, including clothing, home decor, accessories, footwear, and industrial applications. The recycled textiles market is driven by the increasing emphasis on sustainability and environmental conservation, which fosters the development of innovative solutions for recycling and reclaiming fibers, yarns, and fabrics.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Product Type (Recycled Cotton, Recycled Wool, Recycled Polyester, Others)
By End-user (Automotive, Retail, Mining, Building & Construction, Others)
Key players
Khaloom
Chindi
Kishco Group
Anandi Enterprises
Usha Yarns Ltd.
Renewcell AB
Hyosung TNC Co. Ltd.
Martex Fiber
Otto Garne
Leigh Fibers Inc.
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