Recycled Textiles Market Insights Key Drivers of Growth and Challenges

The push for sustainability, along with reduced CO2 emissions and lower water & energy consumption, is fueling the growth of the global recycled textiles market

WILMINGTON, DE, UNITED STATES, February 19, 2025 /EINPresswire.com/ -- The push for sustainability, along with reduced CO2 emissions and lower water & energy consumption, is fueling the growth of the global recycled textiles market. Increasing consumer and manufacturer awareness is further driving demand. However, challenges such as high processing costs and lower quality of recycled textiles remain barriers. Nevertheless, technological advancements in textile recycling present lucrative opportunities for the industry.

Market Overview

According to a report by Allied Market Research, the global recycled textiles market was valued at $5.6 billion in 2019 and is projected to reach $7.6 billion by 2027, growing at a CAGR of 3.6% from 2020 to 2027. The report provides an in-depth analysis of top investment opportunities, winning strategies, key drivers, challenges, market size projections, and competitive dynamics.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/6101

Market Segmentation

By Type:

- The recycled polyester segment dominated the market in 2019, accounting for nearly half of total revenue, and is expected to maintain its lead through 2027.
- The recycled nylon segment is anticipated to register the fastest CAGR of 4.0% during the forecast period.

By End-User Industry:

- The retail segment held the largest market share in 2019, contributing more than 40% of the total revenue, and is projected to maintain its dominance through 2027.
- The automotive sector is expected to witness the highest growth, with a CAGR of 5.7% from 2020 to 2027.

By Region:

- Asia-Pacific emerged as the market leader in 2019, generating over one-third of the global market revenue.
- North America is projected to grow at the fastest CAGR of 4.1% from 2020 to 2027.

Key Market Players

Major companies shaping the recycled textiles market include:

- Chindi
- Kishco Group
- Leigh Fibers Inc.
- Anandi Enterprises
- Khaloom
- Usha Yarns Ltd.
- Hyosung TNC Co. Ltd.
- Martex Fiber
- Otto Garne
- Renewcell AB

These companies are adopting strategic collaborations, partnerships, and expansions to strengthen their market presence.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/recycle-textile-market/purchase-options

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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