Press release
Global Post-consumer Recycled Plastics Market is Projected to Surpass USD 93.81 Billion By the End of 2030 with a Growing CAGR of 5.30% | Infinium Global Research
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Market Overview:
The global post-consumer recycled plastics market, valued at USD 58.93 billion in 2022, is poised for significant expansion, projected to reach USD 93.81 billion by 2030. This anticipated growth reflects a remarkable Compound Annual Growth Rate (CAGR) of 5.30% during the forecast period 2023-2030.
Insights into Post-Consumer Recycled Plastics:
Post-consumer recycled plastics (PCR plastics) represent a crucial facet of sustainability efforts, denoting reprocessed plastic materials derived from consumer discards. This recycling process enables the transformation of used plastic products into similar objects, fostering a closed-loop system that minimizes waste, reduces reliance on virgin plastics, conserves energy, and diminishes greenhouse gas emissions. PCR plastics play a pivotal role in realizing a circular economy and fostering eco-conscious manufacturing practices, showcasing a commitment to environmental responsibility and ecological footprint reduction.
Market Drivers and Opportunities:
The upsurge in eco-friendly packaging products adoption drives the market growth, buoyed by the escalating demand for sustainable packaging solutions. Businesses and consumers alike are demonstrating heightened environmental consciousness, fueling the demand for packaging materials that curtail the use of virgin plastics and promote resource conservation. Furthermore, stringent government regulations mandating sustainable waste management practices are propelling the adoption of PCR plastics. However, the cost of manufacturing PCR plastics remains a limiting factor. Nevertheless, increasing research and development investments in plastic recycling present novel growth opportunities for the market.
Geographical Trends:
North America is anticipated to spearhead the global post-consumer recycled plastics market, propelled by robust material sorting infrastructures, heightened environmental awareness, and stringent regulatory frameworks fostering a demand surge for sustainable products. The Asia-Pacific region is poised for substantial growth, driven by technological advancements in PCR plastics and a burgeoning focus on sustainability initiatives.
Segment Coverage:
The comprehensive report covers segments such as source (bottles, non-bottle rigid, and others), polymer type (PET, HDPE, LDPE, PP, and others), processing type (chemical, mechanical, and biological), and application (packaging, furniture, automotive, construction, and others).
Key Companies Profiled:
Profiles of key companies in the market, including Veolia, Suez SA, Berry Global Inc., Biffa, WM Intellectual Property Holdings, L.L.C, Stericycle, Inc., REMONDIS SE & Co. KG, DS Smith, Placon, and PLASTIC ENERGY, are included in the report.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Post-consumer Recycled Plastics Market Highlights
2.2. Post-consumer Recycled Plastics Market Projection
2.3. Post-consumer Recycled Plastics Market Regional Highlights
Chapter 3. Global Post-consumer Recycled Plastics Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Source
3.4.2. IGR-Growth Matrix Analysis by Polymer Type
3.4.3. IGR-Growth Matrix Analysis by Processing Type
3.4.4. IGR-Growth Matrix Analysis by Application
3.4.5. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Post-consumer Recycled Plastics Market
Chapter 4. Post-consumer Recycled Plastics Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Post-consumer Recycled Plastics Market
5.2. Companies Profiles
5.2.1. Veolia
5.2.2. Suez SA
5.2.3. Berry Global Inc.
5.2.4. Biffa
5.2.5. WM Intellectual Property Holdings, L.L.C
5.2.6. Stericycle, Inc.
5.2.7. REMONDIS SE & Co. KG
5.2.8. DS Smith
5.2.9. Placon
5.2.10. PLASTIC ENERGY
Chapter 6. Global Post-consumer Recycled Plastics Market by Source
6.1. Bottles
6.2. Non-bottle Rigid
6.3. Others
Chapter 7. Global Post-consumer Recycled Plastics Market by Polymer Type
7.1. Polyethylene Terephthalate (PET)
7.2. High-density Polyethylene (HDPE)
7.3. Low-density Polyethylene (LDPE)
7.4. Polypropylene (PP)
7.5. Others
Chapter 8. Global Post-consumer Recycled Plastics Market by Processing Type
8.1. Chemical Process
8.2. Mechanical Process
8.3. Biological Process
Chapter 9. Global Post-consumer Recycled Plastics Market by Application
9.1. Packaging
9.2. Furniture
9.3. Automotive
9.4. Building and Construction
9.5. Other
Chapter 10. Global Post-consumer Recycled Plastics Market by Region 2023-2030
10.1. North America
10.1.1. North America Post-consumer Recycled Plastics Market by Source
10.1.2. North America Post-consumer Recycled Plastics Market by Polymer Type
10.1.3. North America Post-consumer Recycled Plastics Market by Processing Type
10.1.4. North America Post-consumer Recycled Plastics Market by Application
10.1.5. North America Post-consumer Recycled Plastics Market by Country
10.1.5.1. The U.S. Post-consumer Recycled Plastics Market
10.1.5.1.1. The U.S. Post-consumer Recycled Plastics Market by Source
10.1.5.1.2. The U.S. Post-consumer Recycled Plastics Market by Polymer Type
10.1.5.1.3. The U.S. Post-consumer Recycled Plastics Market by Processing Type
10.1.5.1.4. The U.S. Post-consumer Recycled Plastics Market by Application
10.1.5.2. Canada Post-consumer Recycled Plastics Market
10.1.5.2.1. Canada Post-consumer Recycled Plastics Market by Source
10.1.5.2.2. Canada Post-consumer Recycled Plastics Market by Polymer Type
10.1.5.2.3. Canada Post-consumer Recycled Plastics Market by Processing Type
10.1.5.2.4. Canada Post-consumer Recycled Plastics Market by Application
10.1.5.3. Mexico Post-consumer Recycled Plastics Market
10.1.5.3.1. Mexico Post-consumer Recycled Plastics Market by Source
10.1.5.3.2. Mexico Post-consumer Recycled Plastics Market by Polymer Type
10.1.5.3.3. Mexico Post-consumer Recycled Plastics Market by Processing Type
10.1.5.3.4. Mexico Post-consumer Recycled Plastics Market by Application
10.2. Europe
10.2.1. Europe Post-consumer Recycled Plastics Market by Source
10.2.2. Europe Post-consumer Recycled Plastics Market by Polymer Type
10.2.3. Europe Post-consumer Recycled Plastics Market by Processing Type
10.2.4. Europe Post-consumer Recycled Plastics Market by Application
10.2.5. Europe Post-consumer Recycled Plastics Market by Country
10.2.5.1. Germany Post-consumer Recycled Plastics Market
10.2.5.1.1. Germany Post-consumer Recycled Plastics Market by Source
10.2.5.1.2. Germany Post-consumer Recycled Plastics Market by Polymer Type
10.2.5.1.3. Germany Post-consumer Recycled Plastics Market by Processing Type
10.2.5.1.4. Germany Post-consumer Recycled Plastics Market by Application
10.2.5.2. United Kingdom Post-consumer Recycled Plastics Market
10.2.5.2.1. United Kingdom Post-consumer Recycled Plastics Market by Source
10.2.5.2.2. United Kingdom Post-consumer Recycled Plastics Market by Polymer Type
10.2.5.2.3. United Kingdom Post-consumer Recycled Plastics Market by Processing Type
10.2.5.2.4. United Kingdom Post-consumer Recycled Plastics Market by Application
10.2.5.3. France Post-consumer Recycled Plastics Market
10.2.5.3.1. France Post-consumer Recycled Plastics Market by Source
10.2.5.3.2. France Post-consumer Recycled Plastics Market by Polymer Type
10.2.5.3.3. France Post-consumer Recycled Plastics Market by Processing Type
10.2.5.3.4. France Post-consumer Recycled Plastics Market by Application
10.2.5.4. Italy Post-consumer Recycled Plastics Market
10.2.5.4.1. Italy Post-consumer Recycled Plastics Market by Source
10.2.5.4.2. Italy Post-consumer Recycled Plastics Market by Polymer Type
10.2.5.4.3. Italy Post-consumer Recycled Plastics Market by Processing Type
10.2.5.4.4. Italy Post-consumer Recycled Plastics Market by Application
10.2.5.5. Rest of Europe Post-consumer Recycled Plastics Market
10.2.5.5.1. Rest of Europe Post-consumer Recycled Plastics Market by Source
10.2.5.5.2. Rest of Europe Post-consumer Recycled Plastics Market by Polymer Type
10.2.5.5.3. Rest of Europe Post-consumer Recycled Plastics Market by Processing Type
10.2.5.5.4. Rest of Europe Post-consumer Recycled Plastics Market by Application
10.3. Asia Pacific
10.3.1. Asia Pacific Post-consumer Recycled Plastics Market by Source
10.3.2. Asia Pacific Post-consumer Recycled Plastics Market by Polymer Type
10.3.3. Asia Pacific Post-consumer Recycled Plastics Market by Processing Type
10.3.4. Asia Pacific Post-consumer Recycled Plastics Market by Application
10.3.5. Asia Pacific Post-consumer Recycled Plastics Market by Country
10.3.5.1. China Post-consumer Recycled Plastics Market
10.3.5.1.1. China Post-consumer Recycled Plastics Market by Source
10.3.5.1.2. China Post-consumer Recycled Plastics Market by Polymer Type
10.3.5.1.3. China Post-consumer Recycled Plastics Market by Processing Type
10.3.5.1.4. China Post-consumer Recycled Plastics Market by Application
10.3.5.2. Japan Post-consumer Recycled Plastics Market
10.3.5.2.1. Japan Post-consumer Recycled Plastics Market by Source
10.3.5.2.2. Japan Post-consumer Recycled Plastics Market by Polymer Type
10.3.5.2.3. Japan Post-consumer Recycled Plastics Market by Processing Type
10.3.5.2.4. Japan Post-consumer Recycled Plastics Market by Application
10.3.5.3. India Post-consumer Recycled Plastics Market
10.3.5.3.1. India Post-consumer Recycled Plastics Market by Source
10.3.5.3.2. India Post-consumer Recycled Plastics Market by Polymer Type
10.3.5.3.3. India Post-consumer Recycled Plastics Market by Processing Type
10.3.5.3.4. India Post-consumer Recycled Plastics Market by Application
10.3.5.4. South Korea Post-consumer Recycled Plastics Market
10.3.5.4.1. South Korea Post-consumer Recycled Plastics Market by Source
10.3.5.4.2. South Korea Post-consumer Recycled Plastics Market by Polymer Type
10.3.5.4.3. South Korea Post-consumer Recycled Plastics Market by Processing Type
10.3.5.4.4. South Korea Post-consumer Recycled Plastics Market by Application
10.3.5.5. Australia Post-consumer Recycled Plastics Market
10.3.5.5.1. Australia Post-consumer Recycled Plastics Market by Source
10.3.5.5.2. Australia Post-consumer Recycled Plastics Market by Polymer Type
10.3.5.5.3. Australia Post-consumer Recycled Plastics Market by Processing Type
10.3.5.5.4. Australia Post-consumer Recycled Plastics Market by Application
10.3.5.6. Rest of Asia-Pacific Post-consumer Recycled Plastics Market
10.3.5.6.1. Rest of Asia-Pacific Post-consumer Recycled Plastics Market by Source
10.3.5.6.2. Rest of Asia-Pacific Post-consumer Recycled Plastics Market by Polymer Type
10.3.5.6.3. Rest of Asia-Pacific Post-consumer Recycled Plastics Market by Processing Type
10.3.5.6.4. Rest of Asia-Pacific Post-consumer Recycled Plastics Market by Application
10.4. RoW
10.4.1. RoW Post-consumer Recycled Plastics Market by Source
10.4.2. RoW Post-consumer Recycled Plastics Market by Polymer Type
10.4.3. RoW Post-consumer Recycled Plastics Market by Processing Type
10.4.4. RoW Post-consumer Recycled Plastics Market by Application
10.4.5. RoW Post-consumer Recycled Plastics Market by Sub-region
10.4.5.1. Latin America Post-consumer Recycled Plastics Market
10.4.5.1.1. Latin America Post-consumer Recycled Plastics Market by Source
10.4.5.1.2. Latin America Post-consumer Recycled Plastics Market by Polymer Type
10.4.5.1.3. Latin America Post-consumer Recycled Plastics Market by Processing Type
10.4.5.1.4. Latin America Post-consumer Recycled Plastics Market by Application
10.4.5.2. Middle East Post-consumer Recycled Plastics Market
10.4.5.2.1. Middle East Post-consumer Recycled Plastics Market by Source
10.4.5.2.2. Middle East Post-consumer Recycled Plastics Market by Polymer Type
10.4.5.2.3. Middle East Post-consumer Recycled Plastics Market by Processing Type
10.4.5.2.4. Middle East Post-consumer Recycled Plastics Market by Application
10.4.5.3. Africa Post-consumer Recycled Plastics Market
10.4.5.3.1. Africa Post-consumer Recycled Plastics Market by Source
10.4.5.3.2. Africa Post-consumer Recycled Plastics Market by Polymer Type
10.4.5.3.3. Africa Post-consumer Recycled Plastics Market by Processing Type
10.4.5.3.4. Africa Post-consumer Recycled Plastics Market by Application
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/1306
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of post-consumer recycled plastics.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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