The global clothing recycling market is poised for remarkable growth, with an anticipated value of USD 6,491.0 million in 2023 and a projected CAGR of 10.9%, leading to an estimated value of USD 18,265.4 million by 2033. This surge is driven by increasing awareness of sustainability and the circular economy, positioning clothing recycling as a …
Tag Archives: Clothing Recycling Market Demand
Clothing Recycling Market Set to Surge to USD 18,265.4 Million by 2033, Driven by Sustainability Trends
The global clothing recycling market is projected to grow significantly, with an estimated valuation of USD 6,491.0 million in 2023 and a robust compound annual growth rate (CAGR) of 10.9% expected through 2033, reaching USD 18,265.4 million. This growth is fueled by increasing awareness of sustainability and the urgent need to address environmental challenges posed …