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Global apparel & textile recycling market predicted to hit 20.2 billion dollars by 2031

The global clothing and textile recycling market is projected to reach a total worth of 20.2 billion US dollars, up from 13.6 billion US dollars in 2024, according to the latest Valuates Report, highlighting the growing value of this sector. Driven by the advancement of circular-economy initiatives around the world, this increase represents a...

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Fashion

90 percent of US imported second-hand garments are reused domestically in Guatemala

The global secondhand clothing market doesn’t necessarily carry a good name, as textile waste from developed countries has been disproportionately impacting countries from Ghana and Kenya to Uganda and Nigeria, according to Bank & Vogue. With many third-world countries lacking the proper infrastructure to handle the sheer volume of imported used...

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