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Recycled Textile Market

Global Recycled Textile Market Size, Share, Growth: By Type: Recycled Cotton, Recycled Wool, Recycled Polyester, Recycled Nylon, Others; By End Use: Automotive, Retail, Mining, Building and Construction, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Recycled Textile Market Outlook

The global recycled textile market attained a value of nearly USD 5.36 billion in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 2.8% to reach about USD 6.87 billion by 2032.

 

recycled textile market

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Asia Pacific Augmenting the Market Growth of Recycled Textile

The market growth of recycled textile across the Asia Pacific is holding a substantial share on account of rising demand for recycled textile products from developing economies like India, China, and Australia in the region. India has been a significant importer of worn clothing and used textiles across the world in the historical period. This emergence of the used clothes processing market in India has largely helped charity, especially in Africa, which is driving the recycled textile market across the region. Moreover, the growing textile and clothing industry coupled with the surging population in the region and expansion strategies by various market players in the region are further propelling the market growth of recycled textile in the Asia Pacific.

 

Market Segmentation

 

recycled textile market by segments

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Textile recycling is the process by which old clothing and other textiles are recovered for reuse or material recovery. Recycled textile is used for clothing, as well as furniture and mattress material, linens, draperies, leisure equipment, cleaning materials, and many other items. Throughout the entire production process, no extra water nor dyes are required.

The market for recycled textile, by type, is divided into:

  • Recycled Cotton
  • Recycled Wool
  • Recycled Polyester
  • Recycled Nylon
  • Others

The market can be broadly categorised on the basis of end use segments into:

  • Automotive
  • Retail
  • Mining
  • Building and Construction
  • Others

 

recycled textile market by region

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The EMR report looks into the regional markets of recycled textile like Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.

 

Growing Textile Industry to Fuel the Market Growth of the Recycled Textile During the Forecast Period

The rising awareness among consumers about waste collection and recycling is anticipated to propel the market demand for recycled textile across the globe during the forecast period. The global market for recycled textile is anticipated to witness growth on account of the increasing disposable income of consumers and increased environmental concerns as textile recycling helps with minimising dependence on virgin fibres, reducing land and water pollution, limiting usage of chemical dyes, and finest consumption of energy and water. Going further, the continuous technological advancement in recycled textile such as mechanical recycling, chemical recycling for synthetics, chemical recycling for blended fibre, and chemical recycling for natural fibre is expected to support recycled textile market with opportunities for recycled textile across the globe over the coming years.

 

Key Players in the Global Market for Recycled Textile

The report presents a detailed analysis of the following key players in the global recycled textile market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Leigh Fibers Inc.
  • Evrnu Technologies
  • Martex Fiber
  • Re:NewCell AB
  • Boer Group
  • Khaloom Textiles India Pvt. Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End Use
  • Region
Breakup by Type
  • Recycled Cotton
  • Recycled Wool
  • Recycled Polyester
  • Recycled Nylon
  • Others
Breakup by End Use
  • Automotive
  • Retail
  • Mining
  • Building and Construction
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Leigh Fibers Inc.
  • Evrnu Technologies
  • Martex Fiber
  • Re:NewCell AB
  • Boer Group
  • Khaloom Textiles India Pvt. Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Region
7    Opportunities and Challenges in the Market
8    Global Recycled Textile Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Recycled Textile Historical Market (2018-2023) 
    8.3    Global Recycled Textile Market Forecast (2024-2032)
    8.4    Global Recycled Textile Market by Type
        8.4.1    Recycled Cotton
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Recycled Wool
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Recycled Polyester
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Recycled Nylon
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Recycled Textile Market by End Use
        8.5.1    Automotive
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Retail
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Mining
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Building and Construction
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Recycled Textile Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Recycled Textile Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Recycled Textile Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Recycled Textile Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Recycled Textile Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Recycled Textile Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Leigh Fibers Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Evrnu Technologies
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Martex Fiber
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Re:NewCell AB
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Boer Group
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Khaloom Textiles India Pvt. Ltd.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Recycled Textile Market: Key Industry Highlights, 2018 and 2032
2.    Global Recycled Textile Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Recycled Textile Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Recycled Textile Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global Recycled Textile Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global Recycled Textile Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Recycled Textile Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Recycled Textile Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Recycled Textile Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Recycled Textile Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Recycled Textile Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Recycled Textile Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Recycled Textile Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Recycled Textile Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Recycled Textile Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Recycled Textile Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Recycled Textile Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Recycled Textile Market Structure.

Key Questions Answered in the Report

In 2023, the global recycled textile market attained a value of nearly USD 5.36 billion.

The market is assessed to grow at a CAGR of 2.8% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 6.87 billion by 2032.

The major market drivers are increasing population, changing lifestyles, growing environmental concerns, rapid urbanisation and innovative marketing strategies employed by market players.

The key market trends include the growing fashion trends, evolving technology and the launch of a diversified recycled textile by market players.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various types of recycled textile that are available in the market include recycled cotton, recycled wool, recycled polyester, recycled nylon, among others.

The major market divisions, based on end use, include automotive, retail, mining, and building and construction, among others.

The major players in the market are Leigh Fibers Inc., Evrnu Technologies, Martex Fiber, Re:NewCell AB, Boer Group, and Khaloom Textiles India Pvt. Ltd., among others.

Analyst Review

The global recycled textile market attained a value of nearly USD 5.36 billion in 2023, driven by the growing textile industry and rising awareness about the importance of recycling old clothes. Aided by growing fashion trends along with rising demand for the low cost of recycled products, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 2.8%. The market is estimated to reach about USD 6.87 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The recycled textile market, by type, is divided into recycled cotton, recycled wool, recycled polyester, recycled nylon, among others. Based on end use, the market is segmented into automotive, retail, mining, and building and construction, among others. The major regional markets for recycled textile are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Leigh Fibers Inc., Evrnu Technologies, Martex Fiber, Re:NewCell AB, Boer Group, and Khaloom Textiles India Pvt. Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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