Product Code: GVR-4-68040-604-3
Recycled Fibers Market Growth & Trends:
The global recycled fibers market size is anticipated to reach USD 40.82 billion by 2030 and is projected to grow at a CAGR of 7.6% during the forecast period, according to a new report by Grand View Research, Inc. The market is experiencing robust growth driven by increasing environmental awareness and the rising demand for sustainable materials across various industries. Consumers and businesses alike are prioritizing eco-friendly products, which has led to a surge in the use of recycled fibers in textiles, apparel, automotive components, and packaging. The growing global emphasis on reducing plastic waste, lowering carbon footprints, and conserving natural resources is fueling demand for recycled fibers, as they offer a viable alternative to virgin materials without compromising quality or performance.
Government regulations and policies worldwide are playing a crucial role in accelerating the adoption of recycled fibers. Many countries have implemented stringent laws aimed at reducing plastic pollution and promoting circular economy principles, such as mandatory recycling targets, bans on single-use plastics, and incentives for using recycled content in manufacturing. These regulatory measures encourage manufacturers to incorporate recycled fibers into their products, helping to increase market penetration and stimulate investments in recycling infrastructure and technologies.
Innovation is a key driver shaping the market for recycled fibers, with companies continuously developing advanced recycling techniques and new fiber products to meet evolving consumer and industry needs. Mechanical and chemical recycling technologies are being improved to enhance fiber quality and reduce processing costs. In addition, innovations such as fiber-to-fiber recycling, biodegradable additives, and traceability solutions such as blockchain and digital tagging are enabling more efficient, transparent, and sustainable supply chains. These advancements not only boost the performance and appeal of recycled fibers but also help address challenges like microplastic pollution and material degradation.
In response to these dynamics, companies that invest in recycled fiber technologies and sustainable practices are better positioned to capture emerging market opportunities and build stronger relationships with environmentally conscious consumers. As a result, the market is becoming an essential pillar of the broader movement toward sustainable manufacturing, driving positive environmental impact while catering to the evolving preferences of a global audience committed to responsible consumption and production.
Recycled Fibers Market Report Highlights:
- The synthetic recycled fibers segment led the market and accounted for the largest revenue share of 77.3% in 2024, due to their versatility, durability, and cost-effectiveness.
- The textile & apparel segment dominated the market and accounted for the largest revenue share of 59.2% in 2024, driven by high demand for sustainable fabrics and fashion products.
- Asia Pacific dominated the market and accounted for the largest revenue share of about 47.3% in 2024, supported by large-scale manufacturing, strong recycling infrastructure, and increasing environmental awareness.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2024 (USD Billion)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Recycled Fibers Market Variables, Trends & Scope
- 3.1. Market Lineage/Ancillary Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.3.1. Analyst Perspective
- 3.3.2. Regulations & Standards
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Business Environmental Tools Analysis: Recycled Fibers Market
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining Power of Suppliers
- 3.5.1.2. Bargaining Power of Buyers
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat of New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTLE Analysis
- 3.5.2.1. Political Landscape
- 3.5.2.2. Economic Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Environmental Landscape
- 3.5.2.6. Legal Landscape
- 3.6. Market Disruption Analysis
Chapter 4. Recycled Fibers Market: Material Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Material Movement Analysis & Market Share, 2024 & 2030
- 4.3. Global Recycled Fibers Market By Material, 2018 - 2030 (USD Million)
- 4.4. Synthetic Recycled Fibers
- 4.4.1. Recycled Fibers Market Estimates And Forecasts, by Synthetic Recycled Fibers, 2018 - 2030 (USD Million)
- 4.5. Natural Recycled Fibers
- 4.5.1. Recycled Fibers Market Estimates And Forecasts, by Natural Recycled Fibers, 2018 - 2030 (USD Million)
Chapter 5. Recycled Fibers Market: End Use Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. End Use Movement Analysis & Market Share, 2024 & 2030
- 5.3. Global Recycled Fibers Market By End Use, 2018 - 2030 (USD Million)
- 5.4. Textile & Apparel
- 5.4.1. Recycled Fibers Market Estimates And Forecasts, for Textile & Apparel, 2018 - 2030 (USD Million)
- 5.5. Automotive
- 5.5.1. Recycled Fibers Market Estimates And Forecasts, for Automotive, 2018 - 2030 (USD Million)
- 5.6. Construction
- 5.6.1. Recycled Fibers Market Estimates And Forecasts, for Construction, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Recycled Fibers Market Estimates And Forecasts, for Others, 2018 - 2030 (USD Million)
Chapter 6. Recycled Fibers Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2024 & 2030
- 6.3. North America
- 6.3.1. North America Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. North America Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.3.3. North America Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. U.S. Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. U.S. Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.3.4.3. U.S. Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Canada Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Canada Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.3.5.3. Canada Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Mexico Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Mexico Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.3.6.3. Mexico Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4. Europe
- 6.4.1. Europe Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Europe Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.4.3. Europe Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.4. Germany
- 6.4.4.1. Germany Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Germany Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.4.4.3. Germany Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.5. UK
- 6.4.5.1. UK Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. UK Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.4.5.3. UK Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.6. France
- 6.4.6.1. France Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. France Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.4.6.3. France Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.7. Italy
- 6.4.7.1. Italy Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. Italy Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.4.7.3. Italy Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.4.8. Spain
- 6.4.8.1. Spain Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.4.8.2. Spain Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.4.8.3. Spain Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Asia Pacific Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.5.3. Asia Pacific Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.4. China
- 6.5.4.1. China Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. China Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.5.4.3. China Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.5. India
- 6.5.5.1. India Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.5.2. India Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.5.5.3. India Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.6. Japan
- 6.5.6.1. Japan Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.6.2. Japan Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.5.6.3. Japan Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.5.7. South Korea
- 6.5.7.1. South Korea Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.5.7.2. South Korea Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.5.7.3. South Korea Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.6. Central & South America
- 6.6.1. Central & South America Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Central & South America Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.6.3. Central & South America Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa Recycled Fibers Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 6.7.2. Middle East & Africa Recycled Fibers Market Estimates And Forecasts, By Material, 2018 - 2030 (USD Million)
- 6.7.3. Middle East & Africa Recycled Fibers Market Estimates And Forecasts, By End Use, 2018 - 2030 (USD Million)
Chapter 7. Supplier Intelligence
- 7.1. Kraljic Matrix
- 7.2. Engagement Model
- 7.3. Negotiation Strategies
- 7.4. Sourcing Best Practices
- 7.5. Vendor Selection Criteria
Chapter 8. Competitive Landscape
- 8.1. Key Players, their Recent Developments, and their Impact on Industry
- 8.2. Competition Categorization
- 8.3. Company Market Position Analysis
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping, 2024
- 8.6. Company Listing
- 8.6.1. Indorama Ventures Public Company Limited
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Reliance Industries Limited
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Recover Textile Systems
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. UNIFI, Inc.
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. Lenzing AG
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Patagonia.
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Infinited Fiber Company.
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Recover Textile Systems
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Spinnova
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives
- 8.6.10. Hyosung TNC
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Strategic Initiatives