
Textile Recycling Market Size, Trends, Analysis, and Outlook By Material (Cotton, Polyester, Wool, Polyamide, Others), By Source (Apparel Waste, Home Furnishing Waste, Automotive Waste, Others), By Process (Mechanical, Chemical), by Country, Segment, and
Description
Textile Recycling Market Size, Trends, Analysis, and Outlook By Material (Cotton, Polyester, Wool, Polyamide, Others), By Source (Apparel Waste, Home Furnishing Waste, Automotive Waste, Others), By Process (Mechanical, Chemical), by Country, Segment, and Companies, 2024-2032
The Textile Recycling Market is forecast to reach USD 14.8 Billion in 2032, registering a growth rate of 7.313% from current market size of USD 8.4 Billion in 2024. The Textile Recycling market is growing rapidly due to increasing demand for sustainable and high-performance recycling solutions in textiles, apparel, and home furnishings applications. Textile recycling offers excellent properties such as waste reduction, resource conservation, and environmental compliance. Technological advancements in recycling processes and material formulations enhance product quality and environmental compliance. The trend towards sustainable materials and high-performance recycling solutions supports market growth, aligning with regulatory requirements and industry needs. Innovations in textile recycling technologies further drive demand across various sectors. The Textile Recycling market is growing rapidly due to increasing demand for sustainable and high-performance recycling solutions in textiles, apparel, and home furnishings applications. Textile recycling offers excellent properties such as waste reduction, resource conservation, and environmental compliance. Technological advancements in recycling processes and material formulations enhance product quality and environmental compliance. The trend towards sustainable materials and high-performance recycling solutions supports market growth, aligning with regulatory requirements and industry needs. Innovations in textile recycling technologies further drive demand across various sectors.
Textile Recycling Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The Textile Recycling market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of Textile Recycling" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the Textile Recycling industry.
Key market trends defining the global Textile Recycling demand in 2024 and Beyond
The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.
Textile Recycling Market Segmentation- Industry Share, Market Size, and Outlook to 2032
The Textile Recycling industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting Textile Recycling companies scaling up production in these sub-segments with a focus on emerging countries.
Key strategies adopted by companies within the Textile Recycling industry
Leading Textile Recycling companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 Textile Recycling companies.
Textile Recycling Market Study- Strategic Analysis Review
The Textile Recycling market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
The Textile Recycling industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.
Textile Recycling Country Analysis and Revenue Outlook to 2032
The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.
North America Textile Recycling Market Size Outlook- Companies plan for focused investments in a changing environment
The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Textile Recycling market segments. Similarly, strong market demand encourages Canadian Textile Recycling companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.
Europe Textile Recycling Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Textile Recycling industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Textile Recycling market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Textile Recycling Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for Textile Recycling in Asia Pacific. In particular, China, India, and South East Asian Textile Recycling markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.
Latin America Textile Recycling Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Textile Recycling Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Textile Recycling market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Textile Recycling.
Textile Recycling Market Company Profiles
The global Textile Recycling market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Birla Cellulose, BLS Ecotech, Ecotex Group, Hyosung Group, iinouiio Ltd, Lenzing Group, Martex Fiber, Pistoni S.r.l., RE TEXTIL Deutschland GmbH., RenewCell, Textile Recycling International, The Boer Group, The Woolmark Company, Unifi Inc, Worn again technologies
Recent Textile Recycling Market Developments
The global Textile Recycling market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Textile Recycling Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
By Material
Cotton
Polyester
Wool
Polyamide
Others
By Source
Apparel Waste
Home Furnishing Waste
Automotive Waste
Others
By Process
Mechanical
Chemical
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Birla Cellulose
BLS Ecotech
Ecotex Group
Hyosung Group
iinouiio Ltd
Lenzing Group
Martex Fiber
Pistoni S.r.l.
RE TEXTIL Deutschland GmbH.
RenewCell
Textile Recycling International
The Boer Group
The Woolmark Company
Unifi Inc
Worn again technologies
Formats Available: Excel, PDF, and PPT
Table of Contents
180 Pages
- Chapter 1: Executive Summary
- 1.1 Study Scope
- 1.2 Market Definition
- 1.3 Report Guide
- 1.3.1 Country Coverage
- 1.3.2 Companies Profiled
- 1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
- 1.3.4 Units
- 1.4 Abbreviations
- Chapter 2. Textile Recycling Market Overview- H2 2024
- 2.1 An Introduction to the Global Textile Recycling Markets
- 2.2 Key Statistics
- 2.3 Region Benchmarking, 2024
- 2.4 Country Positioning Matrix, 2024
- Chapter 3. Strategic Analysis Review
- 3.1 Textile Recycling Industry Stakeholders
- 3.2 Value Chain Analysis
- 3.3 Porter’s Five Forces Analysis
- 3.4 SWOT Profile
- 3.5 Recent Market Developments
- Chapter 4. Impact Analysis and Scenario Forecasts
- 4.1 Russia-Ukraine Conflict Analysis
- 4.2 COVID-19: Post Pandemic Recovery Analysis
- 4.3 US Inflation and Sluggish Growth in China
- 4.4 Focus on Sustainability
- 4.5 Low Growth Case Scenario: Global Textile Recycling Market Outlook to 2032
- 4.6 Reference Case Scenario: Global Textile Recycling Market Outlook to 2032
- 4.7 High Growth Case Scenario: Global Textile Recycling Market Outlook to 2032
- Chapter 5: Textile Recycling Market Dynamics
- 5.1 Key Textile Recycling Market Trends
- 5.2 Potential Textile Recycling Market Opportunities
- 5.3 Key Market Challenges
- Chapter 6: Global Textile Recycling Market Analysis and Outlook to 2032
- 6.1 Global Market Outlook by Segments, 2021 to 2032
- 6.2 By Material
- Cotton
- Polyester
- Wool
- Polyamide
- Others
- By Source
- Apparel Waste
- Home Furnishing Waste
- Automotive Waste
- Others
- By Process
- Mechanical
- Chemical
- 6.3 Global Market Outlook by Region, 2021 to 2032
- Chapter 7: North America Textile Recycling Market Analysis and Outlook to 2032
- 7.1 North America Market Outlook by Segments, 2021- 2032
- 7.2 By Material
- Cotton
- Polyester
- Wool
- Polyamide
- Others
- By Source
- Apparel Waste
- Home Furnishing Waste
- Automotive Waste
- Others
- By Process
- Mechanical
- Chemical
- 7.3 North America Market Outlook by Country, 2021- 2032
- 7.3.1 United States Textile Recycling Market Size Forecast, 2021- 2032
- 7.3.2 Canada Textile Recycling Market Size Forecast, 2021- 2032
- 7.3.3 Mexico Textile Recycling Market Size Forecast, 2021- 2032
- Chapter 8: Europe Textile Recycling Market Analysis and Outlook to 2032
- 8.1 Europe Market Outlook by Segments, 2021- 2032
- 8.2 By Material
- Cotton
- Polyester
- Wool
- Polyamide
- Others
- By Source
- Apparel Waste
- Home Furnishing Waste
- Automotive Waste
- Others
- By Process
- Mechanical
- Chemical
- 8.3 Europe Market Outlook by Country, 2021- 2032
- 8.3.1 Germany Textile Recycling Market Size Forecast, 2021- 2032
- 8.3.2 France Textile Recycling Market Size Forecast, 2021- 2032
- 8.3.3 United Kingdom Textile Recycling Market Size Forecast, 2021- 2032
- 8.3.4 Spain Textile Recycling Market Size Forecast, 2021- 2032
- 8.3.5 Italy Textile Recycling Market Size Forecast, 2021- 2032
- 8.3.6 Russia Textile Recycling Market Size Forecast, 2021- 2032
- 8.3.7 Rest of Europe Textile Recycling Market Size Forecast, 2021- 2032
- Chapter 9: Asia Pacific Textile Recycling Market Analysis and Outlook to 2032
- 9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
- 9.2 By Material
- Cotton
- Polyester
- Wool
- Polyamide
- Others
- By Source
- Apparel Waste
- Home Furnishing Waste
- Automotive Waste
- Others
- By Process
- Mechanical
- Chemical
- 9.3 Asia Pacific Market Outlook by Country, 2021- 2032
- 9.3.1 China Textile Recycling Market Size Forecast, 2021- 2032
- 9.3.2 India Textile Recycling Market Size Forecast, 2021- 2032
- 9.3.3 Japan Textile Recycling Market Size Forecast, 2021- 2032
- 9.3.4 South Korea Textile Recycling Market Size Forecast, 2021- 2032
- 9.3.5 Australia Textile Recycling Market Size Forecast, 2021- 2032
- 9.3.6 South East Asia Textile Recycling Market Size Forecast, 2021- 2032
- 9.3.7 Rest of Asia Pacific Textile Recycling Market Size Forecast, 2021- 2032
- Chapter 10: South America Textile Recycling Market Analysis and Outlook to 2032
- 10.1 South America Market Outlook by Segments, 2021- 2032
- 10.2 By Material
- Cotton
- Polyester
- Wool
- Polyamide
- Others
- By Source
- Apparel Waste
- Home Furnishing Waste
- Automotive Waste
- Others
- By Process
- Mechanical
- Chemical
- 10.3 South America Market Outlook by Country, 2021- 2032
- 10.3.1 Brazil Textile Recycling Market Size Forecast, 2021- 2032
- 10.3.2 Argentina Textile Recycling Market Size Forecast, 2021- 2032
- 10.3.3 Rest of South America Textile Recycling Market Size Forecast, 2021- 2032
- Chapter 11: Middle East and Africa Textile Recycling Market Analysis and Outlook to 2032
- 11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
- 11.2 By Material
- Cotton
- Polyester
- Wool
- Polyamide
- Others
- By Source
- Apparel Waste
- Home Furnishing Waste
- Automotive Waste
- Others
- By Process
- Mechanical
- Chemical
- 11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
- 11.3.1 Saudi Arabia Textile Recycling Market Size Forecast, 2021- 2032
- 11.3.2 The UAE Textile Recycling Market Size Forecast, 2021- 2032
- 11.3.3 Rest of Middle East Textile Recycling Market Size Forecast, 2021- 2032
- 11.3.4 South Africa Textile Recycling Market Size Forecast, 2021- 2032
- 11.3.4 Rest of Africa Textile Recycling Market Size Forecast, 2021- 2032
- Chapter 12: Competitive Landscape
- 12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
- 12.2 Key Companies Profiled in the Study
- 12.3 Birla Cellulose
- BLS Ecotech
- Ecotex Group
- Hyosung Group
- iinouiio Ltd
- Lenzing Group
- Martex Fiber
- Pistoni S.r.l.
- RE TEXTIL Deutschland GmbH.
- RenewCell
- Textile Recycling International
- The Boer Group
- The Woolmark Company
- Unifi Inc
- Worn again technologies
- Chapter 13: Sources and Research Methodology
- 13.1 Primary and Secondary Sources
- 13.2 Research Methodology
- 13.3 Data Triangulation and Validation
- 13.4 Assumptions and Limitations
- 13.5 Forecast Methodology
- Appendix
- A: Highlights of the H2-2024 Version (10th in the Series)
- B: Conclusion and Future Recommendations
- C: Customization Options
- D: Contact Information
- List of Figures
- Figure 1: Country Analysis: Largest Market Share (%)- 2023 vs. 2032
- Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
- Figure 3: Population Outlook by Country, 2010- 2032
- Figure 4: Inflation Outlook by Country (%), 2024- 2032
- Figure 5: Global Textile Recycling Market Outlook by Type, 2021- 2032
- Figure 6: Global Textile Recycling Market Outlook by Application, 2021- 2032
- Figure 7: Global Textile Recycling Market Outlook by Region, 2021- 2032
- Figure 8: North America Textile Recycling Market Snapshot, H2-2024
- Figure 9: North America Textile Recycling Market Size Forecast by Type, 2021- 2032
- Figure 10: North America Textile Recycling Market Size Forecast by Application, 2021- 2032
- Figure 11: North America Textile Recycling Market Share by Country, 2023
- Figure 12: Europe Textile Recycling Market Snapshot, H2-2024
- Figure 13: Europe Textile Recycling Market Size Forecast by Type, 2021- 2032
- Figure 14: Europe Textile Recycling Market Size Forecast by Application, 2021- 2032
- Figure 15: Europe Textile Recycling Market Share by Country, 2023
- Figure 16: Asia Pacific Textile Recycling Market Snapshot, H2-2024
- Figure 17: Asia Pacific Textile Recycling Market Size Forecast by Type, 2021- 2032
- Figure 18: Asia Pacific Textile Recycling Market Size Forecast by Application, 2021- 2032
- Figure 19: Asia Pacific Textile Recycling Market Share by Country, 2023
- Figure 20: South America Textile Recycling Market Snapshot, H2-2024
- Figure 21: South America Textile Recycling Market Size Forecast by Type, 2021- 2032
- Figure 22: South America Textile Recycling Market Size Forecast by Application, 2021- 2032
- Figure 23: South America Textile Recycling Market Share by Country, 2023
- Figure 24: Middle East and Africa Textile Recycling Market Snapshot, H2-2024
- Figure 25: Middle East and Africa Textile Recycling Market Size Forecast by Type, 2021- 2032
- Figure 26: Middle East and Africa Textile Recycling Market Size Forecast by Application, 2021- 2032
- Figure 27: Middle East and Africa Textile Recycling Market Share by Country, 2023
- Figure 28: United States Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 29: Canada Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 30: Mexico Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 31: Germany Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 32: France Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 33: United Kingdom Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 34: Spain Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 35: Italy Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 36: Russia Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 37: Rest of Europe Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 38: China Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 39: India Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 40: Japan Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 41: South Korea Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 42: Australia Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 43: South East Asia Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 44: Rest of APAC Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 45: Brazil Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 46: Argentina Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 47: Rest of LATAM Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 48: Saudi Arabia Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 49: UAE Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 50: South Africa Textile Recycling Market Size Outlook, $ Million, 2021- 2032
- Figure 51: Research Methodology
- Figure 52: Forecast Methodology
- List of Tables
- Table 1: Market Scope and Segmentation
- Table 2: Global Textile Recycling Market Size Outlook, $Million, 2021 to 2032
- Table 3: Low Case Scenario Forecasts
- Table 4: Reference Case Scenario Forecasts
- Table 5: High Growth Scenario Forecasts
- Table 6: Global Textile Recycling Market Size Outlook by Segments, 2021- 2032
- Table 7: Global Textile Recycling Market Size Outlook by Region, 2021- 2032
- Table 8: Country Mapping, 2023 vs. 2032
- Table 9: North America- Textile Recycling Market Outlook by Type, 2021- 2032
- Table 10: North America- Textile Recycling Market Outlook by Country, 2021- 2032
- Table 11: Europe - Textile Recycling Market Outlook by Type, 2021- 2032
- Table 12: Europe - Textile Recycling Market Outlook by Country, 2021- 2032
- Table 13: Asia Pacific - Textile Recycling Market Outlook by Type, 2021- 2032
- Table 14: Asia Pacific - Textile Recycling Market Outlook by Country, 2021- 2032
- Table 15: South America- Textile Recycling Market Outlook by Type, 2021- 2032
- Table 16: South America- Textile Recycling Market Outlook by Country, 2021- 2032
- Table 17: Middle East and Africa - Textile Recycling Market Outlook by Type, 2021- 2032
- Table 18: Middle East and Africa - Textile Recycling Market Outlook by Country, 2021- 2032
- Table 19: Business Snapshots of Leading Textile Recycling Companies
- Table 20: Product Profiles of Leading Textile Recycling Companies
- Table 21: SWOT Profiles of Leading Textile Recycling Companies
Pricing
Currency Rates
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