From GlobeNewswire: 2025-02-26 10:00:00

The recycled textiles market is projected to reach USD 8.69 billion by 2032, growing at a CAGR of 4.70%. The demand for eco-friendly fabrics is driving the market, with a focus on reducing environmental impact and promoting circular economy models. Investments in new recycling technologies and government policies are also boosting the market.

Key players in the recycled textiles market include Anandi Enterprises, Boer Group, and Khaloom Textiles. Various companies are offering recycled fibers and fabrics to meet the rising demand in sectors like apparel, automotive, and home furnishings. Government policies and corporate responsibility initiatives are further supporting the growth of the market.

North America leads the recycled textiles market growth, holding a market share of approximately 35% in 2023. The region has seen increased consumer interest in sustainable fashion, improvements in recycling technologies, and investments in textile recycling infrastructure. Regulations in North America are becoming more favorable towards a sustainable approach, encouraging producers to create recyclable products.

In market segmentation, the post-consumer segment dominated in 2023, accounting for around 65% of the total market share. Recycled polyester held the largest market share of about 45% in 2023, driven by its environmental benefits and widespread applications. Polyester led the material segment in 2023, comprising 50% of the market, with high potential for recycling and extensive use in consumer products. Inditex (Zara) partners with Circ to boost circular fashion efforts by using more recycled textiles. Renewcell expands textile recycling capacity in Sweden to meet demand for Circulose, a biodegradable material made from recycled cotton waste. The recycled textiles market report covers key points like market dynamics, segmentation, and company profiles. SNS Insider offers in-depth market research and consulting services globally, providing clients with valuable insights for informed decision-making.



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