Dyes and other chemicals laden wastewater is a main environmental concern for increasing the textile industries in many parts of the world. Textile industries consume different kinds of manmade dyes or other chemicals and release huge extents of highly polluted water into the environment. This excessive dye laden wastewater has great impacts on photosynthetic activity in aquatic plants and animals, for example, fish. It may also affect human health due to the presence of components like heavy metals and chlorine in manmade dyes. Thus, wastewater effluent from textile industries must be treated before discharge into the water body. Treatment technologies observed in this review paper include biological treatment methods (fungi, algae, bacteria, and microbial fuel cells), chemical treatment methods (photocatalytic oxidation, ozone, and Fenton’s process), and physicochemical treatment methods (adsorption, ion exchange, coagulation, and filtration). This review also includes the hybrid treatment methods and their cost per m3 of treated wastewater analysis. There are alternative wastewater treatments systems at different steps of effluent generated from the textile operational unit recommend in this review work.