Recycled Textile Market, By Material Type, By Textile Waste Source, By End-use Industry, By Recycling Method, By Distribution Channel, By Geography

Description

The Recycled Textile Market size is expected to reach US$ 8.32 billion by 2030, from US$ 5.61 billion in 2023, growing at a CAGR of 5.8% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 5.61 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	5.80%	2030 Value Projection:	US$ 8.32 Bn

Figure 1. Global Recycled Textile Market Share (%), by Region, 2023

The textile industry has been undergoing a significant transformation in recent years, with an increasing focus on sustainability and environmental responsibility. One of the key developments in this regard is the growing popularity of recycled textiles. Recycled textiles are created by repurposing used garments and fabrics, thereby reducing waste and minimizing the need for new raw materials.

There are several ways in which recycled textiles can be created. One common method is mechanical recycling, which involves shredding and re-spinning fibers from used clothing and fabrics to create new yarns. Another method is chemical recycling, which involves breaking down the fibers of used textiles into their chemical components and then using those components to create new fibers.

Market Dynamics:

The recycled textile market growth is propelled by several factors. Firstly, there is a growing demand for sustainable and eco-friendly products among environmentally-conscious consumers. As awareness about the harmful effects of fast fashion and textile waste increases, consumers are actively seeking out recycled textile options. Furthermore, government initiatives and regulations promoting sustainability are driving the adoption of recycled textiles. Many countries have implemented regulations and policies that incentivize or mandate the use of recycled materials in various industries including textiles. On the other hand, the recycled textile market also faces certain challenges. One of the major restraints is the limited availability of raw materials for recycling. As the demand for recycled textiles grows, ensuring a steady supply of used garments and fabrics becomes crucial.

However, this challenge presents an opportunity for market players to invest in the recycling infrastructure and develop innovative solutions for sourcing and processing raw materials. Additionally, the growing popularity of online platforms for buying and selling second-hand clothing is expected to boost the availability of materials for recycling.

Key Features of the Study:

This report provides in-depth analysis of the global recycled textile market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global recycled textile market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Unifi, Martex Fiber, Renewcell, Lone Star Textiles, Retex Textiles, Leigh Fibers, Prokotex, Santanderina Group, and Kirklees Wools
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global recycled textile market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global recycled textile market

Recycled Textile Market Detailed Segmentation:

By Material Type
- Polyester
- Cotton
- Nylon
- Wool
- Viscose Rayon
- Others
By Textile Waste Source
- Post-consumer
- Pre-consumer/Post-industrial
- Production Overruns
- Pullouts
- Export Seconds
- Others
By End-use Industry
- Apparel
- Home Furnishings
- Automotive
- Industrial
- Others
By Recycling Method
- Mechanical
- Chemical
- Thermal
- Others
By Distribution Channel
- Online
- Retail Stores
- Specialty Stores
- Department Stores
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- Unifi
- Martex Fiber
- Renewcell
- Lone Star Textiles
- Retex Textiles
- Leigh Fibers
- Prokotex
- Santanderina Group
- Kirklees Wools

Product Code: CMI6253

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Recycled Textile Market, By Material Type
- Recycled Textile Market, By Textile Waste Source
- Recycled Textile Market, By End-use Industry
- Recycled Textile Market, By Recycling Method
- Recycled Textile Market, By Distribution Channel
- Recycled Textile Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Growing environmental concerns
- High costs and complex processes
- New product development
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Recycled Textile Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Recycled Textile Market, By Material Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Polyester
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Cotton
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Nylon
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Wool
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Viscose Rayon
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

6. Recycled Textile Market, By Textile Waste Source, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Textile Waste Source
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Pre-consumer/Post-industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Pre-consumer/Post-industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Pullouts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Export Seconds
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

7. Recycled Textile Market, By End-use Industry, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Apparel
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Home Furnishings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

8. Recycled Textile Market, By Recycling Method, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Mechanical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Chemical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Thermal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

9. Recycled Textile Market, By Distribution Channel, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Retail Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Retail Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Department Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

10. Recycled Textile Market, By Region, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Region ,2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2023 - 2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Textile Waste Source, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Recycling Method, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Textile Waste Source, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Recycling Method, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Bn)
Germany
U.K
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Textile Waste Source, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Recycling Method, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Textile Waste Source, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Recycling Method, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Textile Waste Source, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Recycling Method, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018 - 2030, (US$ Bn)
GCC Countries
Israel
South Africa
North Africa
Central Africa
Rest of Middle East

11. Competitive Landscape

Unifi
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Martex Fiber
Renewcell
Lone Star Textiles
Retex Textiles
Leigh Fibers
Prokotex
Santanderina Group
Kirklees Wools
Analyst Views

12. Section

Research Methodology
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