Press release
Plastic Waste Management Market: Soaring to $51.11 billion by 2029 with Key Trends, Market Players, and Driving Factors
Plastic Waste Management Market
What Is The Projected Market Size Of The Global Plastic Waste Management Market And Its Growth Rate?
• The plastic waste management market size has shown a steady rise in recent years, moving from $38.85 billion in 2024 to an estimated $40.65 billion in 2025, showcasing a compound annual growth rate (CAGR) of 4.6%.
• The growth in the historic period can be attributed to strong economic growth in emerging markets, corporate initiatives for plastic waste, technology advancements, and increased usage of plastics across various industrial sectors.
• The market is projected to further grow to $51.11 billion in 2029, with a CAGR of 5.9%. This growth in the forecast period is fuelled by similar factors and is expected to see a significant rise in the coming years.
What Is Driving The Growth In The Plastic Waste Management Market?
The increase in awareness about plastic management is anticipated to be a significant driving factor for the growth of the plastic waste management industry. The awareness about plastic management has encouraged various end-users to use recycled plastic, providing a boost for the growth of the industry. Companies are also onboard with this initiative; for instance, Coca-Cola declared in February 2022 its objective to enlarge the usage of reusable packaging. By 2030, the company aspires to sell at least 25% of all beverages in reusable plastic bottles or containers. Such initiatives and rising awareness about plastic management are expected to propel the growth of the plastic waste management industry.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6884&type=smp
Who Are the Key Players Driving Plastic Waste Management Market Growth?
• Waste Management Inc
• Veolia Environnement S.A
• Suez SA
• Republic Services Inc
• Waste Connections Inc
• Stericycle Inc
• Biffa Plc
• Hitachi Zosen Corporation
• ALBA Group
• Remondis A/S
And many more leading enterprises are contributing significantly to the plastic waste management market.
What Are The Key Trends In The Plastic Waste Management Market?
The key trends influencing the plastic waste management market include:
• Developing new technological solutions
• Focusing on zero-waste packaging platforms
• Leveraging artificial intelligence for efficient management of recycling
• Focusing on upcycle process technologies
• Adopting eco-friendly viable technologies
What Are The Segments Of The Global Plastic Waste Management Market?
The plastic waste management market is segmented by:
• Services: Collection, Recycling, Incineration, Landfills
• Source: Residential, Commercial and Institutional, Industrial
• Plastic Type: Polyethylene Terephthalate (PET or PETE), High-Density Polyethylene (HDPE), Polyvinyl Chloride (PVC or Vinyl), Low-Density Polyethylene (LDPE), Polypropylene (PP), Polystyrene (PS or Styrofoam), Other Plastic Types
• End-User: Packaging, Textiles, Consumer Products, Transportation, Building and Construction, Electrical and Electronics, Other End Users
Which Region Leads The Plastic Waste Management Market?
North America was the largest region in the plastic waste management market in 2024, while Asia-Pacific is expected to be the fastest-growing region in the forecast period. Other major regions like Western Europe, Eastern Europe, South America, the Middle East, and Africa are also significant contributors to the global plastic waste management market.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/plastic-waste-management-global-market-report
What Is Covered In The Plastic Waste Management Market Global Market Report?
• Market Size Analysis: Analyze the Plastic Waste Management Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Plastic Waste Management Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Plastic Waste Management Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Plastic Waste Management Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=6884&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company has over 15,000+ reports from 27 industries covering 60+ geographies. With 1,500,000 datasets, the contributions of in-depth secondary research and unique insights from industry leaders can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plastic Waste Management Market: Soaring to $51.11 billion by 2029 with Key Trends, Market Players, and Driving Factors here
News-ID: 3838235 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Plastic
Plastic bottles at events - Better party with plastic
Partying, dancing, camping - festivals attract hundreds of thousands of visitors every year in Germany alone. One challenge: supply and safety. For this reason, drinks in glass bottles are banned at most events due to the risk of injury. Lightweight and unbreakable plastic bottles, on the other hand, are considered a safe and practical alternative. Not only that: they can even be used to make a musical instrument.
Festivals or pageants…
Plastic Pallet With Plastic Crate Use: Efficient Material Handling
When it comes to efficient moving and storage of goods, a combination of plastic pallets [https://www.agriculture-solution.com/plastic-pallet/]and plastic crates is a popular choice. They are widely used in various industries such as manufacturing, retail, agriculture, etc. for storage and transportation of goods. Plastic pallets are designed to provide a stable base for stacking and shipping goods, while plastic crates provide safe and protective containers for stored or transported items. Plastic pallets…
Plastic Granules Market to Witness Massive Growth by Balaji Plastic, Navkar Indu …
The Worldwide Plastic Granules Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Plastic Granules industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging…
Insights on the Growth of Plastic Granules Market 2018 to 2025 | Profiling Key C …
UpMarketResearch offers a Latest report on “Plastic Granules Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 114 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy of This Report@ https://www.upmarketresearch.com/home/requested_sample/49052
Plastic Granules research report delivers a close watch on leading competitors with strategic…
Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier…
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems.
At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about…
