In 2023, the clothing recycling market is expected to reach a valuation of US$ 6,491.0 million, driven by increasing awareness of the circular economy. With a projected growth rate of 10.9% CAGR until 2033, the demand for clothing recycling is set to soar. The high adoption rate of clothing recycling reflects a growing commitment to sustainability, culminating in a forecasted market value of US$ 18,265.4 million by 2033. This trend underscores a shift towards eco-conscious consumer behavior and highlights the importance of recycling in mitigating the environmental impact of the fashion industry.
People think that the clothing recycling business will change a lot in the next years. More and more people who care about the environment and make good choices are pushing up market growth. To help the environment stay healthy, companies that make clothes from used clothing try to fix problems like using up things we need for cloths. They want to stop big textile plants making a lot of waste and burning it too much.
Making a lot of polyester and fake clothes for fast fashion creates very high levels of greenhouse gases. So, a big need for recycled fabrics around the world has been caused.
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Many companies that recycle are starting to tell people more about recycling clothes. They’re doing this with programs where they pick up old and worn-out clothes right from homes doorsteps. So, let’s spread the word about reusing old clothes. These companies are also using special ways to get clothes from people who have already used them by putting cloth boxes in public places like parks, roads and shopping centers.
Advancing technology and equipping processing units with newly upgraded automation processes are expected to further stimulate market growth. The European Commission-led eco-innovation initiative called Textile for Textile (T4T) is a good case in point. This initiative has introduced near-infrared (NIR)-spectroscopy technology to execute automated sorting applications in the recycled textile sector.
The advent of eco-clothes that are composed of recycled fabrics, plastics, and other raw materials is also catering to the market growth of clothing recycling. Companies are making decisive and concerted efforts in the direction of sustainability to make circularity a new standard in the fashion and apparel industry.
Garments’ new future involves using recycled materials that can be recycled more than once.
Top Highlights from the FMI’s Analysis of the Clothing Recycling Market:
- Demand for clothing recycling in Europe is overriding that of other regions. The region acquired a 25.7% market share in 2022.
- North America is following in the tracks of Europe, following behind with almost 2%. In 2022, North America captured 23.9% share of the overall market.
- The United States acquired 19.4% of the overall market share in the historical period.
- The German market gained 6.5% of the global market in 2022.
- The Japanese market acquired 4.3% of the global market in 2022.
- India is projected to observe explosive growth in the forecast period, expanding at a CAGR of 14.6%.
- China is expected to register a CAGR of 12.4% in the forecast period.
- The United Kingdom is estimated to pace at a CAGR of 9.4% over the estimated time-period.
- By clothing type, the polyester segment is projected to gain more than 35.4% value share over the forecast period.
- In 2022, the apparel segment gained a 29.5% market share.
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Key Players
Other Players Operating in the Clothing Recycling Market include:
- Worn Again Technologies
- Evrnu SPC
- Carbios
- I:Collect GmbH
- Renewcell
- Fabscrap
- Infinited Fiber Company
- PurFi Global LLC
- MUD Jeans International B.V.
- CuRe Technology
- Birla Cellulose
Keeping up with the New Innovations in Clothing Recycling Industry:
- In March 2023, Re/DRESS, an entirely recycled/ upcycled textile fashion brand, was introduced in Dhaka. Thought innovation and development of fashion products by Re/DRESS happen in Bangladesh. The brand offers a unisex collection made of breathable, soft knit, and woven textiles made of almost 100% recycled plastic bottles and cotton waste. As a social enterprise, it promotes responsible fashion.
- In May 2022, Shein, a global e-retailer of fashion, lifestyle, and beauty products, unveiled evoluSHEIN, which is a recycled clothing line. Underpinned by responsibly-sourced materials and inclusive sizing, the latest line is proving itself as an affordable option for customers practicing deliberate and eco-conscious shopping. The debut of evoluSHEIN observed recycled polyester, made of plastic waste, as a key feature. Customers further support Vital Voices, a leading NGO that financially supports women leaders, by shopping for evoluSHEIN clothing.
- In April 2023, Zara, a Spanish retail clothing chain, partnered with Circ, which is a fashion technology firm that upcycles textile waste. The aim of this partnership, as revealed by these firms, is to offer a recycled textile women’s capsule collection. The recycled textile is sourced from polycotton textile waste. The collection is presently distributed in 11 markets.
- In January 2022, Rent the Runway introduced a project to reprocess fast fashion garments. The program is part of their anti-fast fashion campaign popularized as “Fast Fashion Free”. For this initiative, the company aimed its resources to gather “unwearable” and cast-off fast fashion products and recycle them in January. The recycled clothing is expected to be transformed into an insulation material for new buildings and houses.
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Key Segments
By Type:
- Cotton Recycling
- Nylon Recycling
- Wool Recycling
- Polyester Recycling
- Other Fiber Recycling
By End-use:
- Apparel
- Industrial
- Home Furnishings
- Non-woven
- Other
By Waste Type:
- Pre-consumer
- Post-consumer
By Recycling Type:
- Mechanical Recycling
- Chemical Recycling
By Distribution Channel:
- Online Channel
- Retail & Departmental Store
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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