The Europe textile recycling market size reached US$ 1,484.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,122.6 Million by 2028, exhibiting a growth rate (CAGR) of 2.1% during 2023-2028. Textile recycling refers to the method of reusing and reprocessing scraps, old clothing, and fibrous waste materials. It offers various environmental and economic benefits, such as minimizing dependence on virgin fibers and chemical dyes, optimum consumption of water and energy, and reducing water and land pollution.
Application: Europe Region
Textile recycling is conducted for several materials, including cotton, wool, polyester, nylon, etc. This process finds widespread applications across various sectors, such as industrial, apparel, non-woven, and home furnishings.
Top trends to watch in the textile recycling market in Europe
The escalating consciousness among individuals toward reusing and recycling old clothes, on account of the rising environmental concerns, is among the primary factors driving the textile recycling market in Europe. Besides this, the elevating demand for eco-clothes that are made up of recycled materials, plastics, and other organic raw materials is further augmenting the market growth. Moreover, the introduction of Textile for Textile (T4T), an environment-friendly initiative that has resulted in the development of near-infrared (NIR)-spectroscopy technology to perform automated sorting applications, is also catalyzing the market across Europe.
What are the major market drivers in the market?
Apart from this, several recycling companies are taking initiatives, including the launch of door-to-door pickup programs, which are acting as significant growth-inducing factors. In addition, the growing popularity of this procedure as an effective method for sustainability expansion in the apparel industry is also stimulating the market growth. Furthermore, the automation of recycled materials and the increasing installation of attractive cloth bins in public places, such as parks, shopping malls, parking spaces, walkways, and other high-visibility locations, are anticipated to propel the Europe textile recycling market over the forecasted period.
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Europe Textile Recycling Market Segmentation:
The report has segmented the Europe textile recycling market on the basis of product type, textile waste, distribution channel, end use and region.
Breakup by Product Type:
- Cotton Recycling
- Wool Recycling
- Polyester & Polyester Fibre Recycling
- Nylon & Nylon Fibre Recycling
- Others
Breakup by Textile Waste:
- Pre-consumer Textile
- Post-consumer Textile
Breakup by Distribution Channel:
- Online Channel
- Retail & Departmental Stores
Breakup by End Use:
- Apparel
- Industrial
- Home Furnishings
- Non-woven
- Others
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What European nation is a leader in textile recycling?
Germany currently dominates the Europe textile recycling industry.
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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TOC for the Europe Textile Recycling Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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