The Circular Economy in Action: A Closer Look at Textile Recycling...

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2024-10-25 12:01:54 - Translate -

The Circular Economy in Action: A Closer Look at Textile Recycling Market

The global textile recycling market was valued at USD 7.2 billion in 2022 and is expected to grow from USD 7.7 billion in 2023 to reach USD 12.8 billion by 2032. This growth reflects a compound annual growth rate (CAGR) of 6.60% over the forecast period (2023 - 2032). The market is experiencing a surge in demand due to rising awareness around textile recycling and increasing concerns over the...

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