Textile Recycling Market by 2027 – Global Trends, Share Analysis, Leading Players, Business Opportunities
The global textile recycling market size is projected to reach USD 9.4 billion by 2027, at a CAGR of 6.4%. As the average life of a given garment gets shorter, there is an increase in the production of textile and clothing waste. Due to landfill disposal and the incineration process, which results in greenhouse gas emissions, this has a significant negative impact on the environment. According to...
Recent Developments & New Revenue Opportunities in Textile Recycling Market Industry
Textile Recycling Market New Revenue Pockets
The global textile recycling market size is projected to reach USD 9.4 billion by 2027 from USD 6.9 billion in 2022, at a CAGR of 6.4% during the forecast period. The increasing environmental concern about waste production and rising social awareness about textile recycling is expected to propel the growth of the textile recycling market. In addition,...