Mexico Textile Recycling Market Size & Outlook, 2025-2033
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Mexico textile recycling market highlights
- The Mexico textile recycling market generated a revenue of USD 51.6 million in 2024 and is expected to reach USD 70.1 million by 2033.
- The Mexico market is expected to grow at a CAGR of 3.7% from 2025 to 2033.
- In terms of segment, cotton was the largest revenue generating material in 2024.
- Polyester is the most lucrative material segment registering the fastest growth during the forecast period.
Textile recycling market data book summary
| Market revenue in 2024 | USD 51.6 million |
| Market revenue in 2033 | USD 70.1 million |
| Growth rate | 3.7% (CAGR from 2025 to 2033) |
| Largest segment | Cotton |
| Fastest growing segment | Polyester |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cotton, Polyester, Wool, Polyamide, Other |
| Key market players worldwide | Worn Again Technologies, Lenzing AG, Birla Cellulose, The Woolmark Company, EcoTex, Boer Group, Unifi Inc, Textile Recycling International Limited, Hyosung Corporation, Martex Fiber, re:newcell, BLS EduTech |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global textile recycling market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. textile recycling market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 228.4 million by 2033.
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Textile Recycling Market Scope
Textile Recycling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BLS EduTech | View profile | 51-100 | New Delhi, Delhi, India, Asia | https://blsedutech.com |
| re:newcell | View profile | 101-250 | Stockholm, Stockholms Lan, Sweden, Europe | https://renewcell.com/ |
| Martex Fiber | View profile | 501-1000 | Charlotte, North Carolina, United States, North America | http://www.martexfiber.com/ |
| Textile Recycling International Limited | View profile | 501-1000 | Bilston, Wolverhampton, United Kingdom, Europe | https://textilerecyclinginternational.co.uk/ |
| Boer Group | View profile | 101-250 | Dordrecht, Zuid-Holland, The Netherlands, Europe | https://www.boergroup.eu/?lang=en |
| EcoTex | View profile | 51-100 | Constantí, Catalonia, Spain, Europe | https://www.ecotex.biz |
| The Woolmark Company | View profile | 101-250 | Sydney, New South Wales, Australia, Oceania | https://www.woolmark.com/ |
| Birla Cellulose | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://birlacellulose.com/ |
| Worn Again Technologies | View profile | 11-50 | Nottingham, Nottingham, United Kingdom, Europe | https://www.wornagain.co.uk/ |
| Hyosung Corporation | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.hyosung.com |
| Unifi Inc | View profile | 2800 | 7201 West Friendly Avenue, Greensboro, NC, United States, 27410 | https://www.unifi.com |
| Lenzing AG | View profile | 7798 | Werkstrasse 2, Lenzing, Austria, 4860 | https://www.lenzing.com |
Mexico textile recycling market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile recycling market will help companies and investors design strategic landscapes.
Cotton was the largest segment with a revenue share of 70.16% in 2024. Horizon Databook has segmented the Mexico textile recycling market based on cotton, polyester, wool, polyamide, other covering the revenue growth of each sub-segment from 2021 to 2033.
The economic growth of the country is largely facilitated by an increase in trade activities and a surge in foreign investments that have contributed to the economic modernization and development of Mexico. The economic growth of the country supported by ongoing industrialization is driving consumer consumption and is changing the spending behavior of consumers in Mexico.
Textile consumption is also rising in the country owing to the increasing consumer spending capacity and rising number of clothing retailers in Mexico. The surging consumption of textiles in the country is also resulting in the generation of production waste. According to the Mexican Center for Environmental Law, only 5% of textile waste in the country is recycled presently owing to the lack of required infrastructures and funds.
However, growing consumer awareness, increasing government support, and rising investments related to the recycling activities are expected to result in the setting up of many textile recycling facilities in the country over the forecast period.
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Target buyers of Mexico textile recycling market databook
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Our clientele includes a mix of textile recycling market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico textile recycling market , including forecasts for subscribers. This country databook contains high-level insights into Mexico textile recycling market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Mexico textile recycling market size, by material, 2021-2033 (US$M)
Mexico Textile Recycling Market Outlook Share, 2024 & 2033 (US$M)
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