Europe Textile Recycling Market Size & Outlook, 2025-2033
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Europe textile recycling market highlights
- The Europe textile recycling market generated a revenue of USD 1,425.2 million in 2024.
- The market is expected to grow at a CAGR of 3.8% from 2025 to 2033.
- In terms of segment, cotton was the largest revenue generating material in 2024.
- Polyester is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2033.
Europe data book summary
| Market revenue in 2024 | USD 1,425.2 million |
| Market revenue in 2033 | USD 1,956.8 million |
| Growth rate | 3.8% (CAGR from 2025 to 2033) |
| Largest segment | Cotton |
| Fastest growing segment | Polyester |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cotton, Polyester, Wool, Polyamide, Other |
| Key market players worldwide | Worn Again Technologies, Lenzing AG, Birla Cellulose, The Woolmark Company, EcoTex, Boer Group, Unifi Inc, Textile Recycling International Limited, Hyosung Corporation, Martex Fiber, re:newcell, BLS EduTech |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.4% of the global textile recycling market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,603.9 million by 2033.
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Textile Recycling Market Scope
Textile Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BLS EduTech | View profile | 51-100 | New Delhi, Delhi, India, Asia | https://blsedutech.com |
| re:newcell | View profile | 101-250 | Stockholm, Stockholms Lan, Sweden, Europe | https://renewcell.com/ |
| Martex Fiber | View profile | 501-1000 | Charlotte, North Carolina, United States, North America | http://www.martexfiber.com/ |
| Textile Recycling International Limited | View profile | 501-1000 | Bilston, Wolverhampton, United Kingdom, Europe | https://textilerecyclinginternational.co.uk/ |
| Boer Group | View profile | 101-250 | Dordrecht, Zuid-Holland, The Netherlands, Europe | https://www.boergroup.eu/?lang=en |
| EcoTex | View profile | 51-100 | Constantí, Catalonia, Spain, Europe | https://www.ecotex.biz |
| The Woolmark Company | View profile | 101-250 | Sydney, New South Wales, Australia, Oceania | https://www.woolmark.com/ |
| Birla Cellulose | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://birlacellulose.com/ |
| Worn Again Technologies | View profile | 11-50 | Nottingham, Nottingham, United Kingdom, Europe | https://www.wornagain.co.uk/ |
| Hyosung Corporation | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.hyosung.com |
| Unifi Inc | View profile | 2800 | 7201 West Friendly Avenue, Greensboro, NC, United States, 27410 | https://www.unifi.com |
| Lenzing AG | View profile | 7798 | Werkstrasse 2, Lenzing, Austria, 4860 | https://www.lenzing.com |
Europe textile recycling market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile recycling market will help companies and investors design strategic landscapes.
Cotton was the largest segment with a revenue share of 70.95% in 2024. Horizon Databook has segmented the Europe textile recycling market based on cotton, polyester, wool, polyamide, other covering the revenue growth of each sub-segment from 2021 to 2033.
In Europe, the textile recycling market in the region is also expected to grow significantly in the coming years owing to surging support from governments of the countries and increasing number of initiatives related to recycling. The Waste and Resources Action Programme (WRAP) registered in the UK and operational across Europe with the support of local governments and private firms, promotes the recycling of waste, including textile waste in the region.
The growth of textile recycling market in Europe can be attributed to the increasing expansion of recycling facilities equipped with new and innovative technologies in the region. For instance, Worn Again Technology, a UK-based firm, announced the development of a new demo plant for textile recycling in Winterthur in Switzerland in June 2022. The plant is expected to use a closed-loop chemical process for post-industrial and post-consumer textile waste recycling.
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Target buyers of Europe textile recycling market databook
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Our clientele includes a mix of textile recycling market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe textile recycling market , including forecasts for subscribers. This continent databook contains high-level insights into Europe textile recycling market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Europe textile recycling market size, by country, 2021-2033 (US$M)
Europe Textile Recycling Market Outlook Share, 2024 & 2033 (US$M)
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