Textile Recycling Market: The Economic Impact Of Sustainable Practices

The global textile recycling market size was valued at USD 4,632.4 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2030. The rising environmental concern about textile waste production and growing social awareness about textile recycling is expected to propel the market growth.According to the Environmental Protection Agency (EPA), 5% of landfill space is occupied by textile waste. The U.S. produces an average of 25 billion pounds of textiles yearly or around 82 pounds per citizen. These aforementioned factors are expected to drive the demand for textile recycling over the forecast period. Textile waste recycling provides environmental sustainability. Upcycling is a potential recycling approach that maximizes resource conservation of water, raw materials, and energy and minimizes the environmental impact. Furthermore, textile recycling lessens the environmental effect compared to textile incineration and landfill disposal. By replacing items made from primary resources, resource recovery can result in considerable environmental advantages. All the aforementioned factors are expected to boost the market growth over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Textile Recycling Market

According to the National Council of Textile Organization of the U.S., the textile industry in the U.S. is one of the largest producers of textile-related products in the world. Moreover, the waste generated from discarded textiles amounts to a large quantity in the U.S. According to the Council for Textile Recycling, the average citizen throws away approximately 70 pounds of textiles annually in the country. These aforementioned factors are expected to propel the demand for textile recycling in the coming years.

Moreover, the increasing population and the consumer rising spending capacity are anticipated to generate textile waste and result in concerns about its management. Several government authorities and private firms are considering textile recycling as one of the solutions for tackling issues related to textile waste management and promoting the adoption of a circular economy in the country. According to the U.S. Environmental Protection Agency Report 2022, the rate of recycling of all textiles in the country was 14.7% in 2018.

In the U.S., various programs and start-ups are gaining momentum, contributing significantly to the increasing rate of textile recycling. American Textile Recycling Services (ATRS) is the donation bin operator, for donation and collection services of clothing, footwear, and household items. ARTS is continuously expanding to the new cities in the country driving the growth of recycling. These aforementioned factors are anticipated to further propel the demand for textile recycling in the U.S. over the projected period.

Clothing and textile waste production are rising continuously as the average life of a particular garment is decreasing. This has a huge impact on the environment due to landfill disposal and incineration process, giving rise to greenhouse gas emissions. According to EPA and SMART, recycling textiles has a major impact on reducing greenhouse gas emissions and acts as a growth driver. Furthermore, developments in recycling techniques and groundbreaking research in the field are anticipated to facilitate the growth of the market. For instance, LIST Technology AG announced a breakthrough in the textile recycling industry and presented a lyocell T-shirt made from 100% recycled material, in February 2022, at the International Conference on Cellulose Fibers.

The U.S. Government has set goals to increase consumer awareness regarding textile recycling. For instance, the government has launched an initiative to achieve zero waste by 2037 under the guidance of the Council of Textile Recycling (CTR). With this initiative, the Council of Textile Recycling (CTR) is focused on post-consumer decision-making and is reaching out to manufacturers, brands, municipalities, retailers, and charities beyond textile recyclers to increase awareness regarding recycling. The aforementioned developments and initiatives are expected to contribute to the growth of the industry in the U.S. in the coming years.

Browse through Grand View Research’s Advanced Interior Materials Industry Research Reports.

• The global gold nanoparticles market size was valued at USD 7.57 billion in 2023 and is projected to grow at a CAGR of 10.7% from 2024 to 2030. The increasing use of metal nanoparticles in medicine and dentistry, particularly in target imaging and diagnostics, is driving market growth.

• The global polymer filler market size was valued at USD 57.33 billion in 2023 and is projected to grow at a CAGR of 5.0% from 2024 to 2030. Increasing demand for high strength and lightweight materials in automotive and industrial applications is likely to propel the low-density polymer filler market.

Textile Recycling Market Segmentation

Grand View Research has segmented the global textile recycling market based on material, source, process, and region:

Textile Recycling Material Outlook (Revenue, USD Million, 2018 – 2030)
• Cotton
• Polyester
• Wool
• Polyamide
• Other

Textile Recycling Source Outlook (Revenue, USD Million, 2018 – 2030)
• Apparel Waste
• Home Furnishing Waste
• Automotive Waste
• Other

Textile Recycling Process Outlook (Revenue, USD Million, 2018 – 2030)
• Mechanical
• Chemical

Textile Recycling Regional Outlook (Revenue, USD Million, 2018 – 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o Saudi Arabia
o UAE

Order a free sample PDF of the Textile Recycling Market Intelligence Study, published by Grand View Research.

Key Companies profiled:
• Worn again technologies
• Lenzing Group
• Birla Cellulose
• BLS Ecotech
• The Woolmark Company
• iinouiio Ltd
• Ecotex Group
• The Boer Group
• Unifi, Inc.
• Textile Recycling International
• Hyosung Group
• Martex Fiber
• RenewCell
• Pistoni S.r.l.
• RE TEXTIL Deutschland GmbH.