The global textile recycling market encompasses the recovery of fibers, yarns, and fabrics from used clothing, manufacturing scraps, and other textile waste for reuse in new products. The market was valued at USD 8.14 billion in 2024 and is projected to reach USD 13.91 billion by 2032, growing at a CAGR of 6.9% during the forecast period of 2025-2032. The single most important growth driver is the rising global push for circular economy adoption – a structural shift propelled by mounting textile waste volumes, tightening government regulations, and growing brand-level commitments to sustainable sourcing that are collectively redirecting investment into recycling infrastructure and technology.
The textile recycling market is at an inflection point where regulatory pressure and technological innovation are converging. The EU’s extended producer responsibility frameworks, combined with major fashion brands’ public sustainability commitments, are translating consumer-level awareness into industrial-scale procurement of recycled fiber inputs – creating durable, upstream demand that extends well beyond apparel into automotive and home furnishings sectors.
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
The report covers the textile recycling market across a 15-year study period (2019-2032), with 2024 as the base year and 2025-2032 as the forecast period. It analyzes four segmentation dimensions – material type, source type, process type, and region – alongside four regional markets and 15 countries. The report is designed to support strategic decision-making for recycling technology providers, fiber manufacturers, fashion brands, investors, and supply chain strategists navigating the transition to circular textile production.