The global market for textile recycling is expected to increase from $8.0 billion in 2023 to $11.1 billion by the end of 2028, with a compound annual growth rate (CAGR) of 7.0% during the forecast period of 2023-2028.
Polyester market for textile recycling is expected to increase from $4.2 billion in 2023 to $6.2 billion by the end of 2028, with a CAGR of 8.2% during the forecast period of 2023-2028.
Cotton market for textile recycling is expected to increase from $1.9 billion in 2023 to $2.6 billion by the end of 2028, with a CAGR of 6.6% during the forecast period of 2023-2028.
Report Scope:
The report will include details about various types of materials used in textile recycling, end-use industries for textile recycling, distribution channels of textile recycling, types of textile waste, and processes of textile recycling. Estimated values are based on manufacturers' total revenues. Projected revenue values are in constant U.S. dollars, unadjusted for inflation. The report contains comprehensive information regarding the textile recycling industry and the users thereof.
The global textile recycling market is segmented into the following categories -
Material type (polyester, cotton, nylon, wool).
Process type (chemical and mechanical).
Textile waste (post-consumer waste and pre-consumer waste).
Distribution channel (online and offline).
End-use (apparel, home furnishing, industrial).
Region: North America, Europe, Asia-Pacific (APAC), and the rest of the world (RoW).
Report Includes:
54 data tables and 55 additional tables
An overview of the current and future global market for textile recycling technology
Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028
Estimate of the actual market size and revenue forecast for the global textile recycling market, and a corresponding market share analysis based on material type, textile waste, process, distribution channel, end-use industry and region
Facts and figures pertaining to the market drivers, opportunities and challenges, emerging technologies and future prospects
Discussion of sustainability trends and factors in the textile recycling market, with emphasis on consumer attitudes, ESG scores, case studies and the ESG practices of leading companies
An analysis of relevant patents
Overview of the major vendors along with an analysis of the industry structure, including company market shares, recent M&A activity and venture funding
Competitive intelligence on the leading market players, their global rankings, recent developments, key financials and segmental revenues, and product portfolios
Company profiles of major players within the industry, including Lenzing AG, Birla Cellulose, Hyosung TNC, and Unifi Inc.
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Methodology
Information Sources
Geographic Breakdown
Segmentation Breakdown
Chapter 2 Summary and Highlights
Market Outlook
Market Summary
Chapter 3 Market Overview
Market Definition
Regulatory Bodies in the Global Textile Recycling Market
Pricing Analysis
Factors Affecting Selection of Textile Recycling Market
Importance of the Textile Recycling
Chapter 4 Market Dynamics
Market Drivers
Increasing Demand for Textile Fiber
Government Support for Circular Economy
Market Restraints
Lack of Technical Knowledge and Awareness
Market Opportunities
Growing Research and Development Activities in the Market
Growth Opportunities in Asian-Pacific Markets
Market Challenges
High Initial Infrastructure Cost
Stringent Regulations for Textile Recycling Manufacturers
Chapter 5 Emerging Technologies and Development
Key Highlights
Industry Trends
Automation in Textile Recycling Industry
Collaboration and Partnership with Global Textile Brand
Chapter 6 Global Textile Recycling Market by Process
Introduction
Mechanical Textile Recycling Process
Chemical Textile Recycling Process
Chapter 7 Global Textile Recycling Market by Textile Waste
Introduction
Post-Consumer Waste
Pre-Consumer Waste
Chapter 8 Global Textile Recycling Market by Material
Introduction
Polyester
Cotton
Nylon
Wool
Others
Chapter 9 Global Textile Recycling Market by End-Use Industry
Introduction
Apparel
Home Furnishings
Industrial
Others
Chapter 10 Global Textile Recycling Market by Distribution Channel
Introduction
Offline
Online
Chapter 11 Global Textile Recycling Market by Region
Introduction
North America
Europe
Asia-Pacific
Rest of the World
Chapter 12 Sustainability in the Textile Recycling Industry: An ESG Perspective
Importance of ESG in the Textile Recycling Industry
ESG Ratings and Metrics: Understanding the Data
ESG Practices in the Textile Recycling Industry
Current Status of ESG in the Textile Recycling Market
Risk Scale, Exposure Scale, and Management Scale
Case Study: Example of Successful ESG Implementation
Future of ESG: Emerging Trends and Opportunities
Concluding Remarks from BCC
Chapter 13 Patent Analysis
Significance of Patents
Importance of Patent Analysis
Patent Analysis Based on Country of Origin
Patent Analysis Based on Year
Patent Analysis Based on Type
Patent Analysis Based on Patents Filed to Different Companies