The push toward eco-conscious production and sustainable supply chains is redefining the global recycled fibers market, which reached an estimated USD 26.5 billion in 2024 and is expected to grow at a CAGR of 7.8% through the forecast period. Rising demand for environmentally friendly fibers in textiles, fashion, automotive interiors, and construction materials is driving this expansion. Innovations in mechanical and chemical recycling technologies, coupled with growing awareness of carbon footprint reduction and resource efficiency, are making recycled fibers a practical alternative to virgin materials.
Recycled Fibers overview
Published by MMR Statistics Research Team, Updated