Textile Recycling Companies

The textile recycling market is projected to grow from USD 8.41 billion in 2025 to USD 11.88 billion by 2030, at a CAGR of 7.2% during the forecast period. The major factors driving the textile recycling market include the rise in textile waste caused by shorter garment lifespans, increased greenhouse gas emissions, and higher energy and water consumption. These pressures encourage manufacturers to adopt textile recycling across various sectors such as apparel, industrial & institutional uses, and home furnishings. Textile recycling is widely applied across many industries due to its superior performance and functional traits. It primarily aims to address environmental and economic challenges facing the global fashion and textile industries. As fast fashion and short product life cycles increase demand for clothing, so does textile waste, which ends up in landfills or incinerators. Recycling textiles helps divert this waste, significantly lowering the industry’s carbon footprint, water use, and dependence on virgin materials like cotton and polyester. It also conserves energy and reduces pollution from traditional textile manufacturing. Besides environmental benefits, textile recycling recovers valuable fibers and materials that can be reused, supporting circular economy principles.

Textile Recycling Companies

The major players active in the textile recycling market are based in North America, Europe, and the Asia Pacific region. Lenzing AG (Austria), Birla Cellulose (India), HYOSUNG TNC (South Korea), Unifi, Inc. (US), Renewcell (Sweden), Patagonia, Inc. (US), Leigh Fibres (US), Martex Fibre (US), The Woolmark Company (Australia), Textile Recycling International (UK), Boer Group (Netherlands), REMONDIS SE & Co. KG (Germany), Procotex (Belgium), Usha Yarns Ltd (India), and Infinited Fibre Company (Finland) are among the leading players in the textile recycling market. Significant attention has been directed toward developing cost-effective manufacturing technology to meet evolving global demands. Key players have employed various growth strategies to strengthen their market position. These strategies encompass deals, mergers, acquisitions, investments, and expansions to enhance their presence in the textile recycling market.

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Lenzing AG (Austria)

Lenzing AG is one of the global leaders in manufacturing and distributing fibers for textiles, nonwovens, and industrial applications. The company organizes its operations into two divisions: fiber and pulp. Lenzing AG offers textile recycling through its pulp division. This division produces and sources dissolving pulp, which is a crucial primary and intermediate product for fiber manufacturing. To tackle the significant textile waste challenges faced by industry and society, Lenzing AG developed a unique upcycling technology called REFIBRA. This technology uses pre-consumer cotton scraps and post-consumer garments. Cotton scraps are processed into cotton pulp from the textile value chain as raw materials. The company operates in 18 countries with 10 production sites and 9 sales offices.

Birla Cellulose (India)

Birla Cellulose is part of Grasim Industries Limited and is a leading producer of sustainability-focused artificial cellulosic fibers (MMCF). The company also supplies viscose staple fibers (VSF), which are widely used in apparel, home textiles, and nonwoven products. Birla Cellulose pioneered the production of viscose fiber Liva Reviva, made from pre-consumer cotton waste. It operates five advanced global research centers dedicated to eco-friendly, closed-loop technologies that focus on recycling materials and conserving natural resources. The company operates in nine countries, with 12,207 employees across North America, Asia Pacific, the Middle East, and Europe. Pulp manufacturing facilities are located in India, Canada, and Sweden.

HYOSUNG TNC (South Korea)

HYOSUNG TNC is a global leader in the manufacturing and distribution of fibers. It produces and supplies nylon, polyester yarn, textiles, and dyed, processed fabric products. The company manages its operations through two segments: textile and trading. It also offers textile recycling within its textile segment. HYOSUNG provides a comprehensive range of recycled yarns made from major synthetic fibers, including polyester, nylon, and spandex. Its textile recycling efforts are powered by proprietary regen® technology, which focuses on converting pre-consumer textile waste—specifically, by-products and scraps generated during manufacturing—into high-quality recycled yarns. This method helps HYOSUNG reduce environmental impact while maintaining the performance and quality required for functional textile applications. The company operates in 15 countries, with 4 production sites, and employs 1,501 people across Asia, Europe, the Middle East & Africa, North America, and South America.

MARKET RANKING

The ranking of companies in the textile recycling market is based on several key factors that reflect their market position, capabilities, and overall contribution to the industry. The top 5 players in the textile recycling market have been identified based on their revenue, market share, product offerings, production capacity, innovation, technological advancements, geographical presence, strategic partnerships, financial performance, and sustainability efforts. These key players continue to lead the textile recycling market by maintaining a competitive edge through delivering high-quality textile recycling for various applications. Major players operating in the market include Lenzing AG (Austria), Birla Cellulose (India), HYOSUNG TNC (South Korea), Unifi, Inc. (US), Renewcell (Sweden), Patagonia, Inc. (US), Leigh Fibres (US), Martex Fibre (US), and The Woolmark Company (Australia).

Related Reports:

Textile Recycling Market by Material (Cotton, Polyester & Polyester Fibers, Wool, Nylon & Nylon Fibers), Textile Waste, Process, Distribution Channel, End-Use (Apparel, Home Furnishing, Industrial & Institutional), and Region - Global Forecast to 2030