1. Global Recycle Sewing Scraps Market Share by Player
Goodwill has consistently held the largest market share, with 11.54% in 2018 decreasing slightly to 11.15% by 2023, demonstrating a strong presence in the market. H&M follows with a share ranging from 7.22% in 2018 to 6.15% in 2023, showing a slight decline over the years. ECONYL’s market share has remained relatively stable, fluctuating between 5.59% in 2018 and 5.31% in 2023. The presence of other smaller players like Untitled Thoughts, Renewcell, Crafty Corner, and FABSCRAP is also notable, although their individual market shares are significantly lower. The collective share of the top five players, known as CR5, has shown a slight decrease from 24.64% in 2018 to 23.06% in 2023, suggesting a more fragmented market over time. This data reveals that while there are dominant players, the market remains diverse with room for multiple competitors.
Table Recycle Sewing Scraps Revenue Market Share by Player (2018-2023)
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Goodwill | 11.54% | 11.52% | 11.41% | 11.23% | 11.14% | 11.15% |
H&M | 7.22% | 7.09% | 7.01% | 6.93% | 6.18% | 6.15% |
ECONYL | 5.59% | 5.10% | 5.15% | 5.26% | 5.32% | 5.31% |
Untitled Thoughts | 0.25% | 0.25% | 0.26% | 0.25% | 0.23% | 0.24% |
Renewcell | 0.00% | 0.01% | 0.01% | 0.02% | 0.10% | 0.21% |
Crafty Corner | 0.04% | 0.04% | 0.04% | 0.04% | 0.03% | 0.03% |
FABSCRAP | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Others | 75.34% | 75.97% | 76.12% | 76.26% | 76.98% | 76.89% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
2. Goodwill Recycle Sewing Scraps Market Analysis
2.1 Goodwill Business Overview
Founded in 1902 and best known for its used goods stores, Goodwill Industries International also provides job training, employment placement services and other community-based programs.
2.2 Service Introduction
Table Recycle Sewing Scraps Product Profiles, Application and Specification
Textile Sorting, Shredding and Recycling With a strong focus on sustainability, Goodwill collects, sorts, recycles, repurposes, and shreds used textiles so they can be used as rags, stuffing for products and automobiles, and by-product used by the agricultural industry. Each year over 100 billion garments are sent to landfills around the world and the textile industry is one of the world’s largest polluters of water. By recycling textiles and giving them a new life, Goodwill is building a fully circular economy. Businesses with surplus textiles like uniforms, towels, bedding, contaminated medical textiles and scrap fabric waste partner with Goodwill to divert these materials from landfill. Our textile recycling includes: Sorting end-of-life textiles by fabric composition Capture scrap/off cuts and sort for streaming into rags or shred Feed scrap into mechanical shredder or rag cutter Bale and sell rags Bag and sell shred |
2.3 Goodwill Market Performance Analysis
Goodwill has demonstrated a consistent and significant presence in the recycled sewing scraps market. Over the years from 2018 to 2023, Goodwill’s sales volumes have shown an upward trend, with sales reaching 110,536 tons in 2023, up from 92,744 tons in 2018. This indicates a strong performance and growth in the market. Revenue has also increased substantially, from $108.71 million in 2018 to $134.94 million in 2023, reflecting the company’s financial strength and the expanding market for recycled materials. The average price per ton has fluctuated but generally increased, starting at $1,172 in 2018 and reaching $1,221 in 2023. Goodwill’s gross margin has been relatively stable, hovering around 36-37%, which is a testament to the company’s effective cost management and pricing strategy. These figures underscore Goodwill’s commitment to sustainability and its role in the circular economy, as evidenced by its significant recovery of donated products and its support for workforce development programs.
Table Goodwill Recycle Sewing Scraps Sales, Revenue, Price and Gross Margin (2018-2023)
Goodwill | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Sales (Tons) | 92744 | 97827 | 89961 | 97847 | 103865 | 110536 |
Price (USD/Ton) | 1172 | 1184 | 1171 | 1235 | 1208 | 1221 |
Revenue (M USD) | 108.71 | 115.84 | 105.35 | 120.80 | 125.47 | 134.94 |
Gross (M USD) | 40.56 | 42.78 | 38.67 | 44.80 | 45.61 | 49.03 |
Gross Margin | 37.31% | 36.94% | 36.71% | 37.09% | 36.35% | 36.33% |
3. H&M Recycle Sewing Scraps Market Analysis
3.1 H&M Business Overview
H & M Hennes & Mauritz AB (H&M) is a retailer of fashion apparel and accessories. The company’s products portfolio includes shorts, cardigans, sweaters, blazers suits, t-shirts, sweatshirts, shirts, sports and swimwear, lingerie. It also offers cosmetics and accessories such as jewelry, hats and gloves, belts and suspenders, home textiles, homeware, sunglasses, and watches. The company offers these products under H&M, Afound, COS, Monki, Weekday, Sellpy, Arket and & Other Stories brand names. H & M also sells its products through various e-commerce channels.
3.2 Service Introduction
Table Recycle Sewing Scraps Product Profiles, Application and Specification
Collect, recirculate and recycle |
Across the H&M Group we are working to increase the rate of textile collection and reuse, improve sorting and recycling technology, as well as working with policy makers to enable the transition to a circular industry. We were one of the first brands to launch a garment collecting programme in 2013 and since then we have received over 155,000 tonnes of textiles. Customers can drop off their unwanted items in our stores and our partners sort them according to their condition, following criteria set out in the EU waste hierarchy, which prioritises reuse before recycling: Reuse – garments that can be worn again are sold as second-hand clothes. Repurpose & recycle – old clothes and textiles that cannot be resold are repurposed or recycled into new products and fibres. Energy recovery – items that do not fit into the above categories are disposed of in other ways prioritising incineration for energy production. Across the industry, around 60% of collected textiles are resold and 35% repurposed or recycled. The remaining 5% are disposed of prioritising incineration to recovery energy. At the H&M Group, we are categorically against clothing becoming waste and it goes against our work to create a more circular fashion industry. |
3.3 H&M Market Performance Analysis
H&M has shown a moderate growth in the recycled sewing scraps market. The sales volume increased from 24,728 tons in 2018 to 26,648 tons in 2023, indicating a steady rise in market demand. Revenue also saw a relative increase, from $68.03 million to $74.43 million over the same period, reflecting the company’s financial performance in this sector. The average price per ton experienced some fluctuations but generally increased from $2,751 in 2018 to $2,793 in 2023. H&M’s gross margin fluctuated slightly, starting at 36.21% in 2018 and dropping to 35.00% in 2023, suggesting some variability in cost management or market pricing strategies. Overall, H&M’s engagement in the recycled sewing scraps market has been relatively stable, with a slight upward trend in sales and revenue, accompanied by some price and margin volatility.
Table H&M Recycle Sewing Scraps Sales, Revenue, Price and Gross Margin (2018-2023)
H&M | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Sales (Tons) | 24728 | 26497 | 24567 | 27150 | 25678 | 26648 |
Price (USD/Ton) | 2751 | 2692 | 2634 | 2747 | 2713 | 2793 |
Revenue (M USD) | 68.03 | 71.34 | 64.72 | 74.57 | 69.66 | 74.43 |
Gross (M USD) | 24.63 | 25.74 | 23.24 | 26.83 | 24.72 | 26.06 |
Gross Margin | 36.21% | 36.08% | 35.91% | 35.97% | 35.48% | 35.00% |
4. ECONYL Recycle Sewing Scraps Market Analysis
4.1 ECONYL Business Overview
Econyl recovers nylon waste like fishing nets, fabric scraps, and turns it into an exceptional nylon yarn for the fashion and interior industries. It is recyclable and can bring possibilities for makers, creators, and consumers.
Econyl is a trademark of Aquafil, a synthetic fibres company and a pioneer in quality, innovation, and sustainability.Econyl is headquartered in Trentino, Italy.
4.2 Service Introduction
Table Recycle Sewing Scraps Product Profiles, Application and Specification
|
01_Rescue The ECONYL® Regeneration System starts with rescuing waste otherwise polluting the Earth, like fishing nets, fabric scraps, carpet flooring and industrial plastic all over the world. That waste is then sorted and cleaned to recover all of the nylon possible. 02_Regenerate Through a radical regeneration and purification process, the nylon waste is recycled right back to its original purity. That means ECONYL® regenerated nylon is exactly the same as fossil-based nylon. 03_Remake ECONYL® regenerated nylon is processed into yarns and polymers for the fashion and interior industries. 04_Reimagine Fashion brands and carpet producers use ECONYL® regenerated nylon to create brand new products. And that nylon has the potential to be recycled infinitely, without ever losing its quality. The goal is that once all products containing ECONYL® are no longer useful to customers, they can go back into step one of the Regeneration System. |
4.3 ECONYL Market Performance Analysis
ECONYL has exhibited a progressive growth trajectory within the recycled sewing scraps market. From 2018 to 2023, ECONYL’s sales volumes have increased from 16,966 tons to 20,228 tons, denoting a positive trend in market penetration and consumer adoption of their recycled products. Revenue has also seen a substantial uptick, rising from $52.67 million to $64.30 million over the same period, which underscores the brand’s financial acumen and the market’s responsiveness to sustainable offerings. The average price per ton has experienced minor fluctuations but has generally increased from $3,105 to $3,179, indicating a premium positioning for ECONYL’s recycled materials. The gross margin has been relatively stable, maintaining around 35%. These figures collectively reflect ECONYL’s commitment to sustainability and its ability to convert waste into a valuable resource within the fashion and interior industries, as evidenced by its use by over 2,500 brands and its contribution to significant CO2 emission savings.
Table ECONYL Recycle Sewing Scraps Sales, Revenue, Price and Gross Margin (2018-2023)
ECONYL | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Sales (Tons) | 16966 | 16352 | 15346 | 17718 | 19198 | 20228 |
Price (USD/Ton) | 3105 | 3138 | 3096 | 3191 | 3124 | 3179 |
Revenue (M USD) | 52.67 | 51.31 | 47.51 | 56.54 | 59.98 | 64.30 |
Gross (M USD) | 18.46 | 18.01 | 16.36 | 20.11 | 20.68 | 22.44 |
Gross Margin | 35.05% | 35.10% | 34.44% | 35.56% | 34.48% | 34.89% |