Precision Business Insights has published a report on the global textile recycling market, estimating its value at USD 6.0 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/textile-recycling-market

Market Definition:

The act of gathering, classifying, reusing, and turning textile waste—such as apparel, carpets, linens, and industrial fabrics into new goods is known as textile recycling.

Drivers:

1) Rising textile waste worldwide.
2) Growing demand for sustainable fashion.

The global textile recycling market segmentation:

1) By Product Type: Cotton Recycling, Wool Recycling, Polyester and Polyester Fiber Recycling, Nylon and Nylon Fiber Recycling, Others.
2) By Textile Waste: Pre-Consumer Textile and Post-Consumer Textile.
3) By Distribution Channel: Online Channel, Retail and Departmental Store.
4) By End-User: Apparel, Industrial, Home Furnishings, Non-woven and Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the textile recycling market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the textile recycling market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Lenzing Group, Worn Again Technologies, Renewcell, Evrnu, Infinited Fiber Company, TerraCycle, Textek, Birla Cellulose, Patagonia (recycling programs), Unifi Inc. (Repreve), H&M Group, Inditex (Zara), The North Face (Clothes the Loop), Aquafil (Econyl), Leigh Fibers, Boer Group, I:CO Interzero, Phoenix Fibers, Martex Fiber, Texaid, Green Tree Recycling, Anandi Eco Care, USAgain, Bata Polymer, Global Textile Recycling, Simple Recycling, ReTextile, Ritlee RXS, Tri-Star Group, Planet Aid, Loop Industries, Oxford Industries, Gama Recycle, CarbonLITE, Circular Systems, Garson & Shaw, Bank & Vogue, Biffa, Veolia, Suez, Renewcell, Regrind Mills, Nilorn Group, Fabcycle, BlockTexx, Textile Recycling International, Asia Pacific Recycling, ReTex Global, Wuxi Kuanyang Textile, Jiangyin Huafang.

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