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Textile Recycling Market Share

Report ID: GMI5569 Published Date: November 2024Report Format: PDF
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Summary
Table of Content

Textile Recycling Market Share

Textile Recycling Market Company Share, (2024)

In the global textile recycling industry, companies like Lenzing and Patagonia use different competitive strategies. The market is highly competitive, with companies focusing on innovation in recycling technology, product quality, and sustainability credentials to differentiate themselves. Key factors of competition include the ability to produce high-quality recycled fibers that closely resemble virgin materials, which appeals to environmentally conscious brands and consumers. Additionally, companies compete on scalability, expanding partnerships and enhancing distribution networks to increase recycled textile availability. Pricing remains crucial as recycled textiles often face higher production costs, pushing companies to improve efficiency and affordability to meet growing demand from industries like apparel, home furnishings, and automotive.

Textile Recycling Market Companies

Major players operating in the textile recycling industry are:

  • BLS Ecotech
  • iinouiio
  • Leigh Fibers
  • Lenzing
  • Martex Fiber
  • Patagonia
  • Pistoni S.r.l.
  • RE TEXTIL Deutschland
  • Renewcell
  • Textile Recycling International
  • Unifi
  • Worn Again Technologies      
Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

Who are the major players in the textile recycling industry?+

Major players in the industry include BLS Ecotech, iinouiio, Leigh Fibers, Lenzing, Martex Fiber, Patagonia, Pistoni S.r.l., RE TEXTIL Deutschland, Renewcell, and Textile Recycling International.

How much is the U.S. textile recycling market worth?+

The U.S. market is expected to generate USD 1.1 billion in 2024, driven by increased consumer awareness and demand for sustainable fashion.

What is the market share of the apparel waste segment in the textile recycling industry?+

The apparel waste segment led the market in 2024, generating USD 3.3 billion, driven by the high volume of post-consumer apparel waste due to fast fashion cycles and increased global consumption.

How big is the global textile recycling market?+

The global market size for textile recycling was valued at USD 6 billion in 2024 and is projected to reach USD 9.7 billion by 2034, driven by a CAGR of over 4.9% from 2025 to 2034.

Textile Recycling Market Scope

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