Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Textile Recycling Market to reach USD 5.96 billion by the end of 2030.

Global Textile Recycling Market Size study & Forecast, by Material (Cotton, Polyester, Wool, Polyamide, Other) by Source (Apparel Waste, Home Furnishing Waste, Automotive Waste, Other), by Process (Mechanical, Chemical) and Regional Analysis, 2023-2030

Product Code: CMTF-21915167
Publish Date: 4-08-2023
Page: 200

Global Textile Recycling Market is valued approximately USD 4.63 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 3.20% over the forecast period 2023-2030. Textile recycling refers to the process of reusing or reprocessing textile materials to create new products, rather than disposing of them as waste. It involves collecting used textiles, such as clothing, household textiles, and industrial fabrics, and transforming them into recycled fibers or other materials that can be used in various applications. The Textile Recycling Market is expanding because of factors such as rising environmental concern about textile waste production and rising government initiatives.

Rising environmental awareness regarding the generation of textile waste and rising societal awareness of textile recycling are expected to propel market expansion. The Environmental Protection Agency (EPA) estimates that 5% of landfill space is used up by textile waste. The average amount of textiles produced annually in the US is 25 billion pounds, or 82 pounds per person. The Council for Textile Recycling also estimates that the average American discards about 70 pounds of textiles per year. Thus, rising environmental concerns is driving the market growth. In addition, increasing consumer awareness regarding textile recycling and rising product innovation activities is creating lucrative growth to the market. However, contamination and quality issues and lack of awareness stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Textile Recycling Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing to factors such as rising government support, increasing initiatives for recycling textiles, and more. Asia Pacific is expected to grow significantly during the forecast period, due to growing government programme for managing textile waste, growing environmental concerns about the effects of textile waste, and continued development of cutting-edge technologies for recycling textiles.

Major market player included in this report are:
Worn again technologies
Lenzing Group
Birla Cellulose
BLS Ecotech
The Woolmark Company
iinouiio Ltd
Ecotex Group
The Boer Group
Unifi, Inc.

Recent Developments in the Market:
Ø In April 2023, In partnership with Circ, Zara debuted a collection of women’s clothes made from recycled polyester and lyocell, which was obtained from various types of textile waste.

Global Textile Recycling Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Material, Source, Process, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Material offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material:

By Source:
Apparel Waste
Home Furnishing Waste
Automotive Waste

By Process:

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Textile Recycling Market, by Region, 2020-2030 (USD Billion)
1.2.2. Textile Recycling Market, by Material, 2020-2030 (USD Billion)
1.2.3. Textile Recycling Market, by Source, 2020-2030 (USD Billion)
1.2.4. Textile Recycling Market, by Process, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Textile Recycling Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Textile Recycling Market Dynamics
3.1. Textile Recycling Market Impact Analysis (2020-2030)
3.1.1. Market Drivers The rising environmental concern about textile waste production Rising government initiatives
3.1.2. Market Challenges Contamination and Quality Issues Lack of Awareness
3.1.3. Market Opportunities Increase consumer awareness regarding textile recycling. Rising product innovation activities
Chapter 4. Global Textile Recycling Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Textile Recycling Market, by Material
5.1. Market Snapshot
5.2. Global Textile Recycling Market by Material, Performance – Potential Analysis
5.3. Global Textile Recycling Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
5.4. Textile Recycling Market, Sub Segment Analysis
5.4.1. Cotton
5.4.2. Polyester
5.4.3. Wool
5.4.4. Polyamide
5.4.5. Other
Chapter 6. Global Textile Recycling Market, by Source
6.1. Market Snapshot
6.2. Global Textile Recycling Market by Source, Performance – Potential Analysis
6.3. Global Textile Recycling Market Estimates & Forecasts by Source 2020-2030 (USD Billion)
6.4. Textile Recycling Market, Sub Segment Analysis
6.4.1. Apparel Waste
6.4.2. Home Furnishing Waste
6.4.3. Automotive Waste
6.4.4. Other
Chapter 7. Global Textile Recycling Market, by Process
7.1. Market Snapshot
7.2. Global Textile Recycling Market by Process, Performance – Potential Analysis
7.3. Global Textile Recycling Market Estimates & Forecasts by Process 2020-2030 (USD Billion)
7.4. Textile Recycling Market, Sub Segment Analysis
7.4.1. Mechanical
7.4.2. Chemical
Chapter 8. Global Textile Recycling Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Textile Recycling Market, Regional Market Snapshot
8.4. North America Textile Recycling Market
8.4.1. U.S. Textile Recycling Market Material breakdown estimates & forecasts, 2020-2030 Source breakdown estimates & forecasts, 2020-2030 Process breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Textile Recycling Market
8.5. Europe Textile Recycling Market Snapshot
8.5.1. U.K. Textile Recycling Market
8.5.2. Germany Textile Recycling Market
8.5.3. France Textile Recycling Market
8.5.4. Spain Textile Recycling Market
8.5.5. Italy Textile Recycling Market
8.5.6. Rest of Europe Textile Recycling Market
8.6. Asia-Pacific Textile Recycling Market Snapshot
8.6.1. China Textile Recycling Market
8.6.2. India Textile Recycling Market
8.6.3. Japan Textile Recycling Market
8.6.4. Australia Textile Recycling Market
8.6.5. South Korea Textile Recycling Market
8.6.6. Rest of Asia Pacific Textile Recycling Market
8.7. Latin America Textile Recycling Market Snapshot
8.7.1. Brazil Textile Recycling Market
8.7.2. Mexico Textile Recycling Market
8.8. Middle East & Africa Textile Recycling Market
8.8.1. Saudi Arabia Textile Recycling Market
8.8.2. South Africa Textile Recycling Market
8.8.3. Rest of Middle East & Africa Textile Recycling Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Worn again technologies Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Lenzing Group
9.3.3. Birla Cellulose
9.3.4. BLS Ecotech
9.3.5. The Woolmark Company
9.3.6. iinouiio Ltd
9.3.7. Ecotex Group
9.3.8. The Boer Group
9.3.9. Unifi, Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now