Europe Textile Recycling Market to Reach USD 1,801.1 Million by 2033, Impelled by Rising Environmental Concerns

December 19, 2024 | Retail

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The latest report by IMARC Group, titled “Europe Textile Recycling Market Report by Product Type (Cotton Recycling, Wool Recycling, Polyester & Polyester Fibre Recycling, Nylon & Nylon Fibre Recycling, and Others), Textile Waste (Pre-consumer Textile, Post-consumer Textile), Distribution Channel (Online Channel, Retail & Departmental Stores), End Use (Apparel, Industrial, Home Furnishings, Non-woven, and Others), and Country 2025-2033,” finds that the Europe textile recycling market reached a value of USD 1,543.7 Million in 2024. Textile recycling refers to the process of reusing scraps, old clothing items, and fibrous waste materials obtained from discarded footwear, tires, carpets, clothes, furniture, and other non-durable goods. It provides several economic and environmental benefits, such as minimizing dependence on virgin fibers and water and energy consumption, reducing land and water pollution, and preventing the usage of chemical dyes. As a result, recycled textiles are widely utilized in apparel, construction, home furnishings, automotive, and mining sectors across Europe.

Europe Textile Recycling Market Trends:

The market is primarily driven by rising environmental concerns and increasing consciousness about reusing and recycling old clothes among the masses. In addition, the increasing automation in the recycled textile industry represents another major growth-inducing factor. Besides this, various recycling companies are introducing door-to-door pickup programs. This, coupled with the implementation of favorable government initiatives, is positively influencing market growth. For instance, European Commission launched Textile for Textile (T4T), an eco-friendly initiative that has introduced near-infrared (NIR)-spectroscopy technology to perform automated sorting applications. Moreover, the escalating demand for eco-clothes made up of recycled plastics, textiles, and other organic raw materials that helps in waste reduction is propelling the market growth. Looking forward, IMARC Group expects the market to reach USD 1,801.1 Million by 2033, exhibiting a CAGR of 1.7% during 2025-2033.

Market Summary:

Based on the product type, the market has been categorized into cotton, wool, polyester and polyester fiber, nylon and nylon fiber, and other recycling.
On the basis of textile waste, the market has been bifurcated into pre-consumer and post-consumer textiles.
Based on the distribution channel, the market has been segmented into online channels, and retail and departmental stores.
On the basis of the end use, the market has been classified into apparel, industrial, home furnishings, non-woven, and others.
Region-wise, the market has been divided into Germany, France, the United Kingdom, Italy, Spain, and others.
The competitive landscape of the market has been examined in the report, along with the profiles of key players operating in the industry.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Product Type, Textile Waste, Distribution Channel, End Use, Country
Countries Covered	Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Europe Textile Recycling Market to Reach USD 1,801.1 Million by 2033, Impelled by Rising Environmental Concerns

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