Global Textile Recycling Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

Textile Recycling Market Share

As per textile recycling market analysis, the cotton material segment holds a significant share of the textile recycling market and is anticipated to witness fast growth in the forecast period. Cotton is one of the main textile waste materials generated because of its high demand and widespread usage for apparel and other products. Meanwhile, it also indicates that the polyester and polyester fibre material segment is expected to register a significant CAGR during the forecast period. The growth of the polyester and polyester fibre sector is being fuelled by the surging usage of polyester and polyester fibre in the apparel industry, where companies have pledged to use more recycled polyester in place of ordinary polyester in clothes.

This is also attributed to the increase in textile recycling industry growth, mainly because of its mechanical process that breaks down textile fibres into filaments through shredding, and these filaments are then spun back into new yarns. Mechanical recycling is cost-effective and mostly used for natural fibres like cotton or wool. While still not as far along, but gaining ground quickly, is chemical recycling, which breaks down polyester and other synthetic fibres into their raw chemicals, allowing for more efficient recycling.

In the textile recycling market, the apparel sector stands out as the most prominent end user. The fast-paced fashion industry, characterised by frequent production cycles and high consumer demand, generates significant textile waste. With sustainability becoming a core concern for both brands and consumers, there is a growing emphasis on recycling clothing and adopting circular fashion practices. Brands are increasingly using recycled fibres to create eco-friendly collections, while consumers are more inclined to support second-hand and upcycled garments.

The industrial and institutional sectors, which include uniforms and linens from hospitals, hotels, and other large-scale operations, also contribute to textile recycling but on a smaller scale. Similarly, the home furnishings segment, involving products like curtains, upholstery, and bedding, plays a role, though the frequency of replacement is lower compared to apparel. Overall, the apparel sector leads the charge in driving demand of the recycled textiles market.

Textile Recycling Market Report Snapshots

Textile Recycling Market Size

Textile Recycling Market Share

Textile Recycling Market Analysis

Textile Recycling Companies