Press release
United States & Japan Recycled Plastic Industry | Worldwide Growth, Forecast & Key Developments 2025
Recycled Plastic Industry
In April 2022, the UK government introduced a tax of over £200 per ton on plastic packaging, whether produced domestically or imported, that contains less than 30% recycled content.
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Latest M&A
Global plastics M&A activity peaked in July 2025 with 42 deals announced, driven mainly by strategic buyers focused on packaging, specialty plastics, and medical end markets; this surge reflects active industry consolidation despite macroeconomic uncertainty.
Waste & recycling segment saw selective M&A activity in August 2025, with financial buyers leading buy-and-build strategies to enhance scale and market presence amid regulatory-driven sustainability push.
The Amcor-Berry $10.5 billion merger in early 2025 set a benchmark for large-scale plastics consolidation, influencing ongoing smaller M&A transactions across recycled plastics and packaging
List of Top Key Player:
Covetsro AG, REMONDIS SE & Co. KG, Biffa, Stericycle, Republic Services, Inc., WM Intellectual Property Holdings, L.L.C., Veolia, Shell International B.V., Waste Connections, CLEAN HARBORS, INC and others.
Industry Developments:
On 9 February 2023, TotalEnergies and Ecolab partnered to advance circularity in heavy-use packaging by introducing plastic packaging made with recycled materials. The collaboration involves using TotalEnergies' RE:use rPE6314 grade, part of its RE:clic circular polymer portfolio, in Ecolab's MAXX S range for facility care. This marks the first use of post-consumer recycled (PCR) plastic in primary packaging for highly concentrated cleaning products and reflects a broader joint effort to drive waste reduction while protecting people, businesses, and the environment.
Forecast Projection:
The Global Recycled Plastic Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.
Market Intelligence Research Process:
The Recycled Plastic Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.
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Key Segmentation:
By Type: (Post Consumer Recyclate, Industrial Recyclate)
By Plastic Type: (Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene, Others)
By Source: (Bottles, Films, Foams, Fibers, Others)
By Process: (Mechanical, Chemicals, Others)
By End-User: (Building & Construction, Packaging, Electrical & Electronics, Textiles, Automotive, Others)
Latest Investments
The global recycled plastic packaging market is set to grow from USD 17.46B in 2025 to USD 25.86B by 2032, fueled by environmental regulations and demand for sustainable packaging.
In September 2025, GCR launched CICLICNXT®, a line of certified high-quality post-consumer recycled (PCR) polyolefins, produced at a mechanical recycling facility with 100,000 MT annual capacity, highlighting major industrial investment.
Startups in bio-based textile coatings and recycling technologies secured funding in 2025, reflecting strong VC interest in circular economy innovations.
Global Growth Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Recycled Plastic Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.
Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.
Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.
Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.
Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.
Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.
Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.
Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.
Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.
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FAQ's
Q1: What is the current size of the Recycled Plastic Market and its future potential?
A: The Recycled Plastic Market was valued at US$ 48.6 billion in 2022 and is projected to surge to US$ 95.5 billion by 2031
Q2: How fast is the Recycled Plastic Market expected to grow in the coming years?
A: The market is forecast to expand at a robust CAGR of 8.9% between 2025 and 2032, signaling strong global growth and investment potential.
Q3: Which regions are dominating the Recycled Plastic Market and which are fastest-growing?
A: Asia-Pacific leads global recycled plastic market at 45.1%
Q5: What factors are fueling the Recycled Plastic Market's growth across regions?
A: Growth is propelled by increasing demand, strategic initiatives by key players, and untapped opportunities in emerging markets, helping companies maximize revenue potential.
Latest Product Launches and Developments
GCR's CICLICNXT® recycled polyolefin grades offer mechanical and thermal properties comparable to virgin polymers, accelerating adoption in packaging and industrial applications
Dow and partners unveiled mono-PE food pouches with 50% advanced recycled content, enhancing recyclability and sustainability for flexible packaging in the food industry
Mars launched a $250 million Sustainability Investment Fund aimed at driving innovations in recyclable and compostable flexible plastics
Increasing demands for closed-loop recycling and AI-driven sorting technologies are enabling better quality recycled plastics, supporting regulatory compliance and sustainability goals worldwide.
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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