United States Textile Recycling Market Introduction and Overview
According to SPER Market Research, the United States Textile Recycling Market is estimated to reach USD 3.38 Billion by 2033 with a CAGR of 7.1%.
The report includes an in-depth analysis of the United States Textile Recycling Market, including market size and trends, product mix, applications, and supplier analysis. The process of gathering, classifying, and repurposing worn or discarded textiles into new goods or materials is known as textile recycling. It uses a variety of recycling techniques to prolong the life of textiles and keep them out of landfills. Additionally, it lessens waste, conserves resources, and lessens the environmental effect of textile production. Furthermore, without requiring considerable recycling, textiles that are still in good condition can be directly reused or repurposed. These textiles can be repurposed into new products through imaginative redesign, marketed as used apparel or home goods, or donated to charitable organisations.
Market Opportunities and Challenges
There are several major trends and drivers driving the market's current strong expansion. The market is being driven primarily by the growing awareness of the environmental impact of textile waste and the increased emphasis on sustainability. The quality and variety of recovered textiles can be enhanced, creating new market opportunities, with further developments in recycling technologies such as chemical recycling and fibre regeneration. The market is expanding due to the growing demand for sustainable and recycled fabrics. Customers are actively looking for ecologically friendly items and are growing more aware of the impact of their purchases. Because they provide a more environmentally friendly option to traditional materials, recycled textiles are in high demand as a result of this change in consumer behaviour. In addition, government assistance and regulatory actions are propelling the market. This covers the prohibition of textiles from landfills and the advocacy of extended producer responsibility, which holds producers accountable for the handling of their goods' end-of-life issues.
There are a number of obstacles facing the US textile recycling sector. First, low participation rates are caused by a lack of knowledge about the availability and advantages of textile recycling among enterprises and customers. In addition, poor infrastructure and ineffective collecting methods make it logistically difficult to gather and sort worn textiles. Adoption of recycled textiles in some applications is also hindered by questions over their performance and quality in comparison to virgin materials. The potential for market expansion is further hampered by the fact that the infrastructure for textile recycling is still in its infancy, with few facilities and processing capacities.
Market Competitive Landscape
The major key players in the United States Textile Recycling Market are: American-Recyclers, Ambercycle, Inc., Circ LLC, Evrnu Inc., For Days, Inc., Lenzing AG, Martex Fiber, Natural Fiber Welding, Inc., Protein Evolution, Inc., Unifi, Inc., Others. To improve client accessibility and convenience, leading industry players are currently improving their collecting infrastructure for textile recycling. This entails expanding the quantity of collecting bins, working with merchants to host collection locations, and implementing cutting-edge techniques like mobile units. In order to increase their market presence, they are also partnering with stakeholders and investigating cutting-edge recycling methods.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Product Type, By Textile Wastes, By Distribution Channels, By End Use
|
Regions covered | Midwest Region, Northeast Region, South Region, West Region
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Companies Covered | American-Recyclers, Ambercycle, Inc., Circ LLC, Evrnu Inc., For Days, Inc., Lenzing AG, Martex Fiber, Natural Fiber Welding, Inc., Protein Evolution, Inc., Unifi, Inc., Others
|
COVID-19 Impact on United States Textile Recycling Market
The US business for textile recycling has been greatly disrupted by the COVID-19 outbreak. Restrictions and lockdowns have caused supply networks to break, which has decreased the amount of worn textiles being collected from homes and businesses. The problems were made worse by recycling plants closing and a decline in the market for recycled goods. Textile processing and sorting have also been hampered by hygienic regulations and safety concerns. The market for textile recycling has grown more slowly as a result of these disturbances, and the industry's recovery has been difficult.
Key Target Audience
- Textile manufacturers and brands
- Retailers and fashion companies
- Waste management and recycling companies
- Government and regulatory bodies
- Consumers and households
- Textile and fashion industry associations
- Research institutions and academia
- Textile recycling technology providers
- Textile and apparel industry suppliers and service providers
- Others
Our in-depth analysis of the United States Textile Recycling Market includes the following segments:
By Product Type:
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Cotton Recycling
Nylon & Nylon Fibre Recycling
Polyester & Polyester Fibre Recycling
Wool Recycling
Others
|
By Textile Wastes:
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Post-consumer Textile
Pre-consumer Textile
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By Distribution Channels:
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Online Channel
Retail & Departmental Stores
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By End Use:
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Apparel
Home Furnishings
Industrial
Non-woven
Others
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Key Topics Covered in the Report
- United States Textile Recycling Market Size (FY’2024-FY’2033)
- Overview of United States Textile Recycling Market
- Segmentation of United States Textile Recycling Market By Product Type (Cotton Recycling, Nylon & Nylon Fibre Recycling, Polyester & Polyester Fibre Recycling, Wool Recycling, Others)
- Segmentation of United States Textile Recycling Market By Textile Wastes (Post-consumer Textile, Pre-consumer Textile)
- Segmentation of United States Textile Recycling Market By Distribution Channels (Online Channel, Retail & Departmental Stores)
- Segmentation of United States Textile Recycling Market By End Use (Apparel, Home Furnishings, Industrial, Non-woven, Others)
- Statistical Snap of United States Textile Recycling Market
- Expansion Analysis of United States Textile Recycling Market
- Problems and Obstacles in United States Textile Recycling Market
- Competitive Landscape in the United States Textile Recycling Market
- Impact of COVID-19 and Demonetization on United States Textile Recycling Market
- Details on Current Investment in United States Textile Recycling Market
- Competitive Analysis of United States Textile Recycling Market
- Prominent Players in the United States Textile Recycling Market
- SWOT Analysis of United States Textile Recycling Market
- United States Textile Recycling Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Textile Recycling Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Textile Recycling Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Textile Recycling Market
7. United States Textile Recycling Market, By Product Type (USD Million)
7.1. United States Textile Recycling Market Value Share and Forecast, By Product Type, 2024-2033
7.2. Cotton Recycling
7.3. Nylon & Nylon Fibre Recycling
7.4. Polyester & Polyester Fibre Recycling
7.5. Wool Recycling
7.6. Others
8. United States Textile Recycling Market, By Textile Wastes (USD Million)
8.1. United States Textile Recycling Market Value Share and Forecast, By Textile Wastes, 2024-2033
8.2. Post-consumer Textile
8.3. Pre-consumer Textile
9. United States Textile Recycling Market, By Distribution Channels (USD Million)
9.1. United States Textile Recycling Market Value Share and Forecast, By Distribution Channels, 2024-2033
9.2. Online Channel
9.3. Retail & Departmental Stores
10. United States Textile Recycling Market, By End Use (USD Million)
10.1. United States Textile Recycling Market Value Share and Forecast, By End Use, 2024-2033
10.2. Apparel
10.3. Home Furnishings
10.4. Industrial
10.5. Non-woven
10.6. Others
11. United States Textile Recycling Market Forecast, 2020-2033 (USD Million)
11.1. United States Textile Recycling Market Size and Market Share
12. United States Textile Recycling Market, By Product Type, 2020-2033 (USD Million)
12.1. United States Textile Recycling Market Size and Market Share By Product Type (2020-2026)
12.2. United States Textile Recycling Market Size and Market Share By Product Type (2027-2033)
13. United States Textile Recycling Market, By Textile Wastes, 2020-2033 (USD Million)
13.1. United States Textile Recycling Market Size and Market Share By Textile Wastes (2020-2026)
13.2. United States Textile Recycling Market Size and Market Share By Textile Wastes (2027-2033)
14. United States Textile Recycling Market, By Distribution Channels, 2020-2033 (USD Million)
14.1. United States Textile Recycling Market Size and Market Share By Distribution Channels (2020-2026)
14.2. United States Textile Recycling Market Size and Market Share By Distribution Channels (2027-2033)
15. United States Textile Recycling Market, By End Use, 2020-2033 (USD Million)
15.1. United States Textile Recycling Market Size and Market Share By End Use (2020-2026)
15.2. United States Textile Recycling Market Size and Market Share By End Use (2027-2033)
16. United States Textile Recycling Market, By Region, 2020-2033 (USD Million)
16.1. United States Textile Recycling Market Size and Market Share By Region (2020-2026)
16.2. United States Textile Recycling Market Size and Market Share By Region (2027-2033)
16.3. Midwest Region
16.4. Northeast Region
16.5. South Region
16.6. West Region
17. Company Profile
17.1. American-Recyclers
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Ambercycle, Inc.
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Circ LLC
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Evrnu Inc.
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. For Days, Inc.
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Lenzing AG
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Martex Fiber
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Natural Fiber Welding, Inc.
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Protein Evolution, Inc.
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Unifi, Inc.
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.