Invest in textiles
Victoria’s textile waste includes:
- discarded clothing (including uniforms)
- end-of-life furniture
- synthetic carpets
- manufacturing offcuts.
It’s estimated that currently only 2% of textile waste is recovered in Victoria, making it one of the lowest rates of recovery of any material stream. A significant quantity of the waste that is sent to landfill is pre-consumer textile waste that is a bi-product of manufacturing.
The quantity of textile waste that is not recovered represents a considerable opportunity for investors. End markets are also required to support demand for recovered textile materials resulting in textiles being identified as a priority material under the Victorian Government’s circular economy policy, Recycling Victoria: a new economy.
Opportunities
- Opportunities for industry to introduce technologies that separate combined textiles to their constituent fabrics and materials.
- Recoverable materials include polyethylene terephthalate (PET), cotton, nylon, acrylic, and viscose, which could be used in new products.
Stay up to the date
For the latest investment opportunities and material commodity prices, read our regular Recovered Resources Market Bulletin.
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Graphs and data
Textiles waste | Tonnes |
---|---|
Commercial and Industrial | 121273 |
Construction and Demolition | 10608 |
Municipal | 55915 |
Textiles waste | Tonnes |
---|---|
Commercial and Industrial | 121273 |
Construction and Demolition | 10608 |
Municipal | 55915 |
For more information on waste data, view our waste data, insights and tools.
For help with investment solutions
Get in touch with:
Investment Facilitation Services