Post-Consumer Recycled Plastic Packaging Market to Grow Massively by 2020-2025 with Top Manufacturers Placon, HP Corporate Group, Graham Packaging Company, Lacerta Group Inc., M&H Plastics USA, SKS Bottle & Packaging Inc., Genpak LLC

Global Post-Consumer Recycled Plastic Packaging market would thus note a steady growth over the forecast period of 2020 - 2025. The robust CAGR (Compound Annual Rate Growth) will chart an upward growth curve and create lucrative growth opportunities in the global Post-Consumer Recycled Plastic Packaging market. In, turn, this will lead to improvement in market worth.

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Global Post-Consumer Recycled Plastic Packaging Market: Notable Development
Global Post-Consumer Recycled Plastic Packaging market is set to witness growth and a number of notable developments are paving the way for the same. The competitive landscape is also duly impacted by these developments. A deep dive can be had a published report by Adroit Market Research.

The global Post-Consumer Recycled Plastic Packaging market is highly consolidated. And, key players in the global Post-Consumer Recycled Plastic Packaging market are Placon, HP Corporate Group, Graham Packaging Company, Lacerta Group, Inc., M&H Plastics USA, SKS Bottle & Packaging, Inc., Genpak LLC, Envision Plastics, Phoenix Plastics, and America's Plastics Makers.

Global Post-Consumer Recycled Plastic Packaging Market: Key trends and driver
Over the past few years, global plastic production has increased rapidly. Rising adoption in packaging, building & construction, textiles, consumer & institutional products, transportation, electrical & electronics, and industrial machinery is expected to further increase the demand for plastics over the coming years. Over the past decade, increased plastic production has led to many environmental issues such as greenhouse gas emissions and plastic pollution. Recycling appears to be the best possible solution for plastic waste.

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Global Post-Consumer Recycled Plastic Packaging Market: Regional Analysis
Europe is the base of most developed and stablished packaging manufacturers. It is accounted for more than 30% of the overall market share in 2018. Packaging and recycling industry in the region is mainly characterized by stringent norms of the European Union. Plastic packaging finds wide range of applications from food, cosmetic, personal care industry to medical, pharmaceutical, and retail industry.

The treatment of discarded plastic is governed by laws and regulations laid down by the respective domestic governments. At the regional level, the European Union has set regulations that impose recycling targets for plastics up to 22.5% (recycling of the total plastic waste generated). This target is set to increase by 2020 and 2025. Among these plastics, PET is the most recycled plastic in the region. In 2013 and 2014, 1.6 Mt and 1.7Mt of plastics was collected respectively, out of which, 500 KT was recycled for usage. After PET, PVC is also a prominently recycled plastic in the region.

Key segments of the global post-consumer recycled plastic packaging market

Type Overview:
o PET (Polyethylene Terephthalate)
o HDPE (High Density Polyethylene)
o PP (Polypropylene)
o Others

Application Overview:
o Bottles
o Cups
o Containers
o Bags
o Clamshells
o Others

Regional Overview:
o North America
o U.S.
o Canada
o Mexico
o Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
o Turkey
o Switzerland
o Rest of Europe
o Asia Pacific
o China
o India
o Japan
o SEA
o Korea
o Oceania
o Rest of Asia Pacific
o South America
o Brazil
o Argentina
o Columbia
o Chile
o Peru
o Rest of South America
o Middle East & Africa
o GCC
o North Africa
o South Africa
o Rest of Middle East & Africa

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