United States Textile Recycling Market Size- By Product Type, By Textile Wastes, By Distribution Channels, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
United States Textile Recycling Market Introduction and Overview
According to SPER market research, ‘United States Textile Recycling Market Size- By Product Type, By Textile Wastes, By Distribution Channels, By End Use – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the United States Textile Recycling Market is predicted to reach USD 3.38 Billion by 2033 with a CAGR of 7.1%.
Textile recycling is the process of gathering, sorting, and processing used textiles to make new products. It involves several processes such as shredding, spinning, weaving, and dying to create recycled textiles that can be used for clothing, home furnishings, and industrial goods. Recycling textiles reduces the harm that the textile industry does to the environment, preserves resources, and keeps textiles out of landfills.
The American textile recycling industry has been greatly damaged by the COVID-19 outbreak. Reduced collection of used textiles from homes and businesses is the result of supply networks being interrupted by lockdown measures and limitations. The problems got worse when recycling plants closed and the market for recovered products declined. The processing and sorting of textiles has also been hampered by hygienic restrictions and safety worries. The industry’s recovery has been hampered by these disruptions, which have also impeded the expansion of the textile recycling sector.
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
Companies CoveredAmerican-Recyclers, Ambercycle, Inc., Circ LLC, Evrnu Inc., For Days, Inc., Lenzing AG, Martex Fiber, Natural Fiber Welding, Inc., Protein Evolution, Inc., Unifi, Inc., Others
United States Textile Recycling Market Segmentation:
By Textile Wastes:Based on the Textile Wastes, United States Textile Recycling Market is segmented as; Post-consumer Textile, Pre-consumer Textile.
By Distribution Channels:Based on the Distribution Channels, United States Textile Recycling Market is segmented as; Online Channel, Retail & Departmental Stores.
By End Use:Based on the End Use, United States Textile Recycling Market is segmented as; Apparel, Home Furnishings, Industrial, Non-woven, Others.
By Region:This research also includes data for Midwest Region, Northeast Region, South Region, West Region.