Market Share of Textile Recycling Industry
The competitive landscape in the textile recycling market consists of a mix of experienced enterprises, new companies, and organizations working on solutions that can be sustainably implemented. Separate divisions or subsidiaries dedicated to textile recycling are designated by well-established companies in the area of waste management, recycling, and textiles. Some fashion brands and retailers also integrate sustainability into their business models by including renewable textiles in their products. Public authorities and agencies affect the competitive landscape through regulation, incentives, and funding schemes to promote sustainable practices and textile recycling. Global leaders in the textile recycling market are Worn Again Technologies, Lenzing Group, and Birla Cellulose.
Textile Recycling Market Leaders
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Worn Again Technologies
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Lenzing Group
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Birla Cellulose
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Pistoni S.R.L
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Waste Management Inc.
*Disclaimer: Major Players sorted in no particular order