RECYCLED TEXTILE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Recycled Textile Market, By Material Type (Polyester, Cotton, Nylon, Wool, Viscose Rayon, and Others), By Textile Waste Source (Post-consumer, Pre-consumer/Post-industrial, Production Overruns, Pullouts, Export Seconds, and Others), By End-use Industry (Apparel, Home Furnishings, Automotive, Industrial, and Others), By Recycling Method (Mechanical, Chemical, Thermal, and Others), By Distribution Channel (Online, Retail Stores, Specialty Stores, Department Stores, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments

New product launches

In January 2022, Renewcell launched Circulose for fashion brands derived from recycled textile waste. It provides a biodegradable alternative to viscose rayon
In September 2021, Teijin Fibers launched a new recycled polyester fiber made completely from recycled PET plastic. It enhances the sustainability of polyester.
In June 2022, Levi’s introduced recycled denim made with post-consumer plastic waste collected from shorelines. It highlights Levi’s focus on circularity

Acquisition and partnerships

In February 2022, Infinited Fiber partnered with Adidas to supply InfinnaTM fiber made from textile waste to develop recycled sneakers
In January 2023, Rothy’s acquired Texel to expand the use of recycled post-consumer fiber in its footwear. It enhances supply capabilities.
In June 2021, Renewcell partnered with a vintage clothing company, Beyond Retro to implement take-back schemes and scale-up textile recycling