Textile Recycling Market to Reach $11.88 Billion by 2030 as 7.2% CAGR Gains Traction
Updated
Updated · GlobeNewswire · Jun 12
Textile Recycling Market to Reach $11.88 Billion by 2030 as 7.2% CAGR Gains Traction
2 articles · Updated · GlobeNewswire · Jun 12
Summary
$11.88 billion is the projected size of the textile recycling market in 2030, up from $8.41 billion in 2025, according to a new MarketsandMarkets forecast.
7.2% annual growth from 2026 to 2030 is being driven by rising textile waste, tighter rules such as EPR schemes and landfill bans, and brands adding recycled materials to circular business models.
Polyester and polyester fibers are expected to post the fastest growth, while pre-consumer textile waste and online channels are also forecast to expand the quickest within their segments.
Nylon remains the third-largest material segment, supported by closed-loop recycling systems and chemical depolymerization, while home furnishing ranks third by end use for its steady demand for durable, lower-cost recycled fibers.
Europe holds the third-largest regional share behind Asia-Pacific and North America, with EU circular-textile policies, separate waste collection mandates and established sorting infrastructure supporting longer-term growth.
As Europe bans destroying unsold clothes, how will brands manage the coming tidal wave of textile waste without adequate recycling infrastructure?
With high-profile bankruptcies in textile recycling, is the projected $11.88 billion market built on hype or sustainable economics?
If fast fashion's waste continues to grow, can recycling technology ever truly solve the industry's massive pollution problem?
Textile Recycling 2030: How EU EPR, Digital Product Passports, and €7 Billion in Global Investment Are Driving a Circular Economy in Apparel and Automotive
Overview
The European Union’s introduction of Extended Producer Responsibility (EPR) for textiles in October 2025 marks a major turning point for the industry. This amendment to the EU Waste Directive acts as a strong regulatory catalyst, aiming to reduce textile waste and promote recycling and sustainable solutions. As Member States work to implement these rules by 2027, the fashion industry is set for fundamental change. EPR’s core objective is to support the circular economy and cut unnecessary emissions, driving brands to rethink product design and waste management. This shift lays the groundwork for a more sustainable and competitive textile sector across Europe.