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Textile Recycling Market Size, Share & Growth Analysis
Forecast to 2032
The global textile recycling market size was valued at USD 5.76 billion in 2023. The market is
projected to grow from USD 6.08 billion in 2024 to USD 8.49 billion by 2032 at a CAGR of 4.3% during
the forecast period.
Textile recycling is the process that deploys discarded or used apparel, clothing, and fibrous material
from eco-friendly and reusable products. The growing consumption of recycled textile products in
the end-use industry, coupled with the increasing awareness of sustainable production, is
augmenting market expansion.
Fortune Business Insights™ provides this information in its research report, titled “Textile Recycling
Market, 2025-2032”.
Tariff Impact Analysis for Textile Recycling Market:
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109273
Segmentation:
Usage of a Huge Amount of Polyester by a Large
Population to Spur thePolyester & Polyester Fiber
Segment Growth
In terms of material type, the market is divided into
wool, polyester & polyester fiber, nylon & nylon
fibers, cotton, and others. The polyester & polyester
fiber segment accounted for the largest textile
recycling market share in 2023. The consumption of
a huge amount of polyester in the form of
disposable bottles, tires, and other home-furnishing
products by a large population is fostering the
polyester & polyester fiber segment expansion.
Flourishing Machinery & Equipment Sector to Drive
the Mechanical Segment Expansion
By process, the market is bifurcated into chemical and mechanical. The mechanical segment
registered the largest share in 2023. The expansion of the machinery & equipment sector is boosting
the mechanical segment growth.
Apparel Waste Segment Dominated Due to the Large Waste Generation Amount
With respect to end-use industry, the market is divided into home furnishing waste, apparel waste,
and others. The apparel waste segment captured the largest share in 2023. The large amount of
waste generated by the rising population globally is propelling the growth of the apparel waste
segment.
From the regional perspective, the market is classified into Asia Pacific, Latin America, the Middle
East & Africa, Europe, and North America.
List of Key Players Mentioned in the Report:

LENZING AG (Austria)
 Birla Cellulose (India)
 Brandeur (India)
 The WoolMark Company (Australia)

iinouiio Ltd (England)
 ECOTEX COLLECT (Bulgaria)
 The Boer Group (Netherlands)
 UNIFI, Inc., (U.S.)
 Hyosung Group (South Korea)
 Martex Fiber (U.S.)
Report Coverage
The report offers a detailed analysis of the key driving and restraining factors affecting the market
growth. Additional aspects of the report include the major industry developments, the top trends,
and the impact of the COVID-19 pandemic on the market growth. The report further encompasses a
detailed overview of the strategic initiatives implemented by leading companies to keep ahead of
their competition.
Drivers and Restraints:
Increasing Recycled Fiber Blends Deployment in End-use Applications to Escalate Market
Expansion
One of the major factors propelling the textile recycling market growth is a surge in the
incorporation of recycled fiber blends in end-use applications. Due to their cost-saving and eco-
friendly attributes, these blends can be deployed in the manufacturing of casual articles, such as
sleepwear, t-shirts, and sweatshirts.
However, the incorporation of hazardous chemicals in the recycling process may hinder market
growth.
Regional Insights:
Asia Pacific Led Due to Growing Number of Textile Recycling Projects
Asia Pacific stood at USD 2.59 billion in 2023, accounting for the largest share. A significant amount
of textile waste is generated by countries, including China and India, which has led to a rise in the
number of textile recycling projects in the region.
Europe’s growth can be attributed to the rising number of campaigns for recycling and the demand
for sustainable products from the textile industry, which has resulted in demand for recycled
textiles.
Competitive Landscape:

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Leading Companies Deploy Product Innovation Strategies to Enhance Their Position
Birla Cellulose, iinouiio Ltd, The WoolMark Company, and LENZING AG are the companies with a
huge presence globally. Textile recycling market players are adopting various strategies, such as joint
ventures, mergers, acquisitions, and partnership strategies, to outshine the competition. Several
players are also focusing on product innovations to boost their position.
Key Industry Development:
October 2023 – Birla Cellulose announced the release of the eco-friendly circular yarn blend. The
product is meant for newly manufactured textile products, including pants, t-shirts, and other
clothing products.
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