LONDON - Textile Exchange's 10th annual Materials Market Report, formerly the Preferred Fiber and Materials Market Report, paints something of a bleak picture of the industry's sustainability efforts.
It found that global fibre production increased to a new record level - 116 million tonnes - last year while the amount of textiles being recycled actually fell back, after years of growth, from 8.5% in 2021 to 7.9% in 2022.