According to the latest report by IMARC Group, titled “United States Textile Recycling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the united states textile recycling market is expected to exhibit stable growth during 2021-2026.
Textile recycling involves the reuse and reprocessing of scraps, old clothing items, fibrous waste materials, etc., obtained from clothes, footwear, furniture, tires, towels, sheets, etc. It offers several environmental and economic benefits, such as reducing dependence on virgin fibers, preventing the use of chemical dyes, lowering consumption of energy and water, decreasing land and water pollution, etc. As a result, recycled textiles find widespread applications across multiple sectors, such as apparel, home furnishings, automotive, construction, mining, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Rising concerns towards waste incineration and heavy industrial discharges from textile mills are primarily driving the United States textile recycling market. Moreover, the growing depletion of natural raw materials, like wood and silk, is also contributing to the market growth. Apart from this, the rising public awareness towards the benefits of recycling old clothes and the increasing number of collection bins for cloth sorting are also catalyzing market growth. Several other factors, such as the growing penetration of automated recycling machinery and the emergence of eco-clothes made of organic raw materials, are expected to further drive the market for textile recycling in the United States over the forecasted period.
Breakup by Product Type:
- Cotton Recycling
- Wool Recycling
- Polyester & Polyester Fibre Recycling
- Nylon & Nylon Fibre Recycling
Breakup by Textile Waste:
- Pre-consumer Textile
- Post-consumer Textile
Breakup by Distribution Channel:
- Online Channel
- Retail & Departmental Stores
Breakup by End Use:
- Home Furnishings
Breakup by Region:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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