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The fashion industry is one of the largest contributors to global waste, with sewing scraps and fabric offcuts being a significant part of the problem. Recycling sewing scraps is a critical step towards achieving sustainability in fashion. This article highlights the top 10 companies excelling in recycling sewing scraps, providing insights into their headquarters, CAGR, and revenue for the past year.
The latest research study on the global Recycle Sewing Scraps Professional market finds that the global Recycle Sewing Scraps Professional market reached a value of USD 1188.99 million in 2023. It’s expected that the market will achieve USD 1685.07 million by 2030, exhibiting a CAGR of 5.11% during the forecast period.
1. ECONYL
- Headquarters: Arco, Italy
- CAGR: 7.5%
- Revenue (Past Year): $50 million
ECONYL specializes in regenerating nylon waste, including sewing scraps, into new nylon products. Their innovative recycling process helps reduce environmental impact and promotes circular fashion.
2. Goodwill Industries
- Headquarters: Rockville, Maryland, USA
- CAGR: 6.8%
- Revenue (Past Year): $5.7 billion
Goodwill collects and recycles textiles, including sewing scraps, as part of their mission to create jobs and reduce waste. Their extensive network ensures that fabric scraps are repurposed or recycled effectively.
3. H&M Group
- Headquarters: Stockholm, Sweden
- CAGR: 6.5%
- Revenue (Past Year): $22 billion
H&M has launched several sustainability initiatives, including recycling sewing scraps into new clothing. Their commitment to sustainability is reflected in their goal to become fully circular and climate positive by 2040.
4. Renewcell
- Headquarters: Stockholm, Sweden
- CAGR: 7.0%
- Revenue (Past Year): $30 million
Renewcell focuses on transforming textile waste, including sewing scraps, into new biodegradable raw materials. Their patented recycling process, Circulose®, helps reduce waste and promote sustainable fashion.
5. Untitled Thoughts
- Headquarters: Atlanta, Georgia, USA
- CAGR: 6.7%
- Revenue (Past Year): $5 million
Untitled Thoughts is a sustainable fashion brand that uses recycled sewing scraps to create new garments. Their commitment to zero waste and ethical production practices has earned them a loyal customer base.
6. Crafty Corner
- Headquarters: Johannesburg, South Africa
- CAGR: 6.4%
- Revenue (Past Year): $2 million
Crafty Corner specializes in recycling sewing scraps into handmade crafts and products. Their innovative approach to upcycling has made them a leading provider of sustainable craft materials.
7. FABSCRAP
- Headquarters: New York, New York, USA
- CAGR: 6.9%
- Revenue (Past Year): $10 million
FABSCRAP collects and recycles fabric scraps from fashion companies, turning waste into reusable materials. Their mission is to divert textile waste from landfills and support sustainable fashion practices.
8. Looptworks
- Headquarters: Portland, Oregon, USA
- CAGR: 6.6%
- Revenue (Past Year): $8 million
Looptworks focuses on upcycling and repurposing textile waste, including sewing scraps, into new products. Their commitment to reducing waste and promoting circular economy principles has positioned them as a leader in sustainable fashion.
9. Re-Spun by Marine Layer
- Headquarters: San Francisco, California, USA
- CAGR: 6.7%
- Revenue (Past Year): $15 million
Marine Layer’s Re-Spun program collects old T-shirts and sewing scraps to create new garments. Their innovative recycling approach helps reduce textile waste and promote sustainability in fashion.
10. The Renewal Workshop
- Headquarters: Cascade Locks, Oregon, USA
- CAGR: 6.5%
- Revenue (Past Year): $12 million
The Renewal Workshop partners with fashion brands to recycle and upcycle textile waste, including sewing scraps. Their focus on extending the life of clothing through repair and recycling supports a circular fashion economy.
Conclusion
The recycling of sewing scraps is a crucial aspect of achieving sustainability in the fashion industry. The companies highlighted in this article are at the forefront of innovation and quality in recycling textile waste. With their advanced technology, commitment to sustainability, and strategic market positioning, these firms play a crucial role in reducing textile waste and promoting circular fashion. As the demand for sustainable practices continues to rise, these companies are well-positioned to lead the market, offering reliable and effective solutions for recycling sewing scraps worldwide.