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Recycled PET (rPET) Bottles Market to Hit USD$ 5.29 Billion by 2030, Growing at 7.99 Percentage CAGR

01-06-2025 06:00 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Recycled PET (rPET) Bottles Market

Recycled PET (rPET) Bottles Market

๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ (๐ซ๐๐„๐“) ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ is expected to grow at a CAGR of 7.99% during the forecast period and market is projected to reach US$ 5.29 Bn. by 2030.

๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ (๐ซ๐๐„๐“) ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The global market for recycled PET (rPET) bottles is growing rapidly as industries shift toward more sustainable packaging solutions. Increasing environmental concerns, government regulations on plastic waste, and the rising demand for eco-friendly products are driving this market's expansion. rPET bottles, made from recycled plastic, offer significant environmental benefits, including reducing plastic waste and lowering carbon footprints. As a result, companies in various sectors, including food and beverage, personal care, and household products, are adopting rPET packaging solutions to align with sustainability goals.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/40588/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ (๐ซ๐๐„๐“) ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

Key drivers in the rPET bottles market include heightened consumer demand for sustainable packaging, global regulatory pressure on plastic waste, and advancements in recycling technologies. The adoption of circular economy principles is also pushing for increased recycling rates. As companies face greater scrutiny on environmental practices, the shift towards rPET packaging not only helps meet regulatory requirements but also improves brand image. Additionally, advancements in rPET quality and cost-effective recycling technologies are making it more attractive for manufacturers.

๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ (๐ซ๐๐„๐“) ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The rPET bottles market is experiencing several significant trends, including increased investments in recycling infrastructure and the use of rPET in high-end consumer goods packaging. Innovations in packaging design, such as lightweight rPET bottles, are improving product efficiency and reducing transportation costs. Additionally, as consumer awareness of environmental issues grows, brands are moving towards higher rPET content in their packaging. Increased collaboration between businesses, governments, and environmental organizations is also fueling the growth of the market, with many companies pledging to use 100% rPET in their packaging by 2025 or 2030.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/40588/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ (๐ซ๐๐„๐“) ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ:

Vietnam's growing demand for sustainable packaging, driven by its expanding consumer goods sector, is expected to push rPET adoption. Companies are increasingly focusing on producing eco-friendly packaging solutions to meet regulatory demands and consumer preferences.

๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐:

Thailand's initiatives to reduce plastic waste and promote recycling are boosting the rPET market. The country is seeing a surge in the use of rPET in food and beverage packaging, especially with the rising demand for bottled water.

๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง:

Japan is a key player in the rPET bottles market with an impressive 85% collection rate for PET bottles. The country aims to achieve 100% by the end of 2023, which will significantly drive the demand for recycled PET.

๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š:

South Korea is witnessing growing consolidation in the rPET bottles market as key players like ALPLA Werke Alwin Lehner GmbH & Co KG form partnerships to increase their recycling capabilities. This move aligns with the government's sustainability goals.

๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž:

Singapore has strengthened its waste management regulations, encouraging the use of rPET in packaging. Recent investments in recycling infrastructure are expected to further boost market growth in the country.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’ ๐š๐ง๐ ๐„๐ฎ๐ซ๐จ๐ฉ๐ž:

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ซ๐๐„๐“ ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’:

The US market for rPET bottles is expanding rapidly due to consumer demand for sustainable packaging. Companies like CarbonLITE Industries LLC are investing heavily in expanding rPET recycling facilities to meet growing demand.

๐ซ๐๐„๐“ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž:

Europe is leading the way in rPET bottle manufacturing, with countries like Germany and the UK setting ambitious recycling targets. Indorama Ventures Public Company Limited and ALPLA are expanding their operations in Europe, reflecting the growing demand for eco-friendly packaging solutions.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/40588/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ (๐ซ๐๐„๐“) ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

by Grade

โ€ข Food
โ€ข Non-food

by Type

โ€ข Clear
โ€ข Color

by Recycling Process

โ€ข Mechanical
โ€ข Chemical
by Application โ€ข Packaging
โ€ข Industrial Yarn
โ€ข Mono Filaments
โ€ข Strapping
โ€ข Building Materials
โ€ข Others

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐‘๐ž๐œ๐ฒ๐œ๐ฅ๐ž๐ ๐๐„๐“ (๐ซ๐๐„๐“) ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

โ€ข Extrupet Group (Pty) Ltd.
โ€ข CarbonLITE Industries LLC
โ€ข Phoenix Technologies International LLC
โ€ข Vanden Global Ltd.
โ€ข UltrePET LLC
โ€ข Seiu Japan Co., Ltd.
โ€ข ALPLA Werke Alwin Lehner GmbH & Co KG
โ€ข SEINAN Corporation, Kuusakoski Oy
โ€ข Evergreen Plastics, Inc.
โ€ข Indorama Ventures Public Company Limited
โ€ข Verdeco Recycling, Inc.
โ€ข Clear Path Recycling, LLC
โ€ข Krones AG
โ€ข Placon (EcoStar)
โ€ข PolyQuest
โ€ข Lotte Chemicals
โ€ข Avery Dennison Corporation
โ€ข M&G Chemicals
โ€ข Zhejiang Anshun Pettechs Fibre Co., Ltd.
โ€ข Libolon
โ€ข BariQ
โ€ข Sorema
โ€ข Ergis Recycling

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/recycled-pet-r-pet-bottles-market/40588/

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆGlobal Remote Sensing Technology Market https://www.maximizemarketresearch.com/market-report/global-remote-sensing-technology-market/101330/

โ™ฆSuture Anchors Market https://www.maximizemarketresearch.com/market-report/suture-anchors-market/189349/

โ™ฆNetwork Transformation Market https://www.maximizemarketresearch.com/market-report/global-network-transformation-market/6596/

โ™ฆGlobal Cloud Based ITSM Market https://www.maximizemarketresearch.com/market-report/global-cloud-based-itsm-market/29205/

โ™ฆGlobal HVDC Power Supply Market https://www.maximizemarketresearch.com/market-report/global-hvdc-power-supply-market/116954/

โ™ฆGlobal Resealable Packaging Bags Market https://www.maximizemarketresearch.com/market-report/global-resealable-packaging-bags-market/25130/

โ™ฆGlobal Automotive Gearbox Market https://www.maximizemarketresearch.com/market-report/global-automotive-gearbox-market/10981/

MAXIMIZE MARKET RESEARCH PVT. LTD.

โฎ 3rd Floor, Navale IT park Phase 2,

Pune Banglore Highway, Narhe

Pune, Maharashtra 411041, India.

โœ† +91 9607365656

๐Ÿ–‚ sales@maximizemarketresearch.com

๐ŸŒ www.maximizemarketresearch.com

Maximize Market Research is a rapidly expanding global market research and business consulting firm, trusted by a majority of Fortune 500 companies. Our commitment to delivering revenue-driven insights and strategic growth solutions sets us apart. With a diverse portfolio, we cater to a wide range of industries, including IT & Telecom, Chemicals, Food & Beverage, Aerospace & Defense, Healthcare, and more. At Maximize Market Research, we empower businesses worldwide to achieve their goals with actionable intelligence and innovative strategies.

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02-24-2020 | Advertising, Media Consulting, โ€ฆ
Fior Markets
Pet Veterinary Diets Market 2019 Industry Dynamics - Mars, Farmina Pet Foods, Ni โ€ฆ
Recent market research study Global Pet Veterinary Diets Market 2019-2024 now available with Fior Markets provides a comprehensive market analysis based on past and current situation of the market. The report covers future trends, current growth drivers, thoughtful insights, facts, market valuation, competitive spectrum, regional share, and revenue predictions. The report shows the market size, share, business growth enhancers, and obstructers, prior and current trends being followed by the market.โ€ฆ