Plastic Waste Management Market Share

Asia Pacific Market Forecast

The Asia Pacific region plastic waste management market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037 owing to the generation of large amounts of plastic waste. As per a recent report, it is projected that Asia Pacific would be responsible for approximately 70% of global mismanaged plastic waste by 2025. Further, the high plastic consumption rate in the various countries of the Asia Pacific region is estimated to be another growth factor for the plastic waste management market. In 2019, the estimated volume of plastics used in China amounted to just over 90 million metric tons.