Post-Consumer Recycled Plastics Market Size & Share, by Source (Residential, Commercial); Application (Packaging, Building & Construction, Automotive, Furniture); Service (Collection, Transportation, Recycling) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 3510
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Post-Consumer Recycled Plastics Market size was valued at USD 11.7 billion in 2024 and is set to exceed USD 43.35 billion by 2037, registering over 10.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of post-consumer recycled plastics is evaluated at USD 12.75 billion.
 

The growth of the market can be attributed to the increasing application of recycled plastics, backed by rising environmental awareness amongst people. In order to reduce plastic waste, governments across the world have imposed rigorous regulations for plastic recycling. The growing government initiatives, combined with awareness amongst the masses regarding the reduction of plastic waste are estimated to boost the market growth. According to the data by the UN Environment Protection Organization (UNEP), over 300 million tons of plastic is produced every year. Only 9% of all this plastic waste gets recycled. The increasing amount of plastic waste is also estimated to boost the market growth.


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Post-Consumer Recycled Plastics Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Awareness Regarding Recycling Plastic
  • Government Initiatives to Reduce Plastic Waste

Challenges

  • Lack of Residential Waste Management
  • Absence of Proper Supply-Chain for Recycled Plastics

Post-Consumer Recycled Plastics Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

10.6%

Base Year Market Size (2024)

USD 11.7 billion

Forecast Year Market Size (2037)

USD 43.35 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Post-Consumer Recycled Plastics Segmentation

The market is segmented by application into packaging, building & construction, automotive, furniture, and others, out of which, the building & construction segment is anticipated to hold a substantial share in the global post-consumer recycled plastics industry over the forecast period on account of increasing use of plastics in the construction sector, as bricks, roof tiles, insulation, plastic lumber, and others. On the basis of source, the commercial segment is estimated to gain the largest share over the forecast period, owing to the presence of a proper waste management system in most commercial places, such as, malls, hotels, and others.

Our in-depth analysis of the global market includes the following segments:

          By Source

  • Residential
  • Commercial
  • Others

          By Application

  • Packaging
  • Building & Construction
  • Automotive
  • Furniture
  • Others

          By Service

 

  • Collection
  • Transportation
  • Recycling
  • Others

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Post-consumer Recycled Plastics Industry - Regional Synopsis

On the basis of geographical analysis, the global market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is predicted to account for largest revenue share by 2037, attributed to increasing public awareness regarding plastic waste reduction, along with rising construction activities, where recycled plastics are utilized.

The market in the North America region is anticipated to gain the largest market share throughout the forecast period on the back of growing adoption of plastic recycling, backed by stringent government regulation for waste management. According to the data by the American Chemistry Council, in 2018, 35.7 million tons plastic was produced in the United States, while around 29% of the plastic was recycled.

Research Nester
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Companies Dominating the Post-Consumer Recycled Plastics Landscape

    • Waste Connections, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • DS Smith plc
    • GFL Environmental Inc.
    • Remondis SE & Co. KG
    • Republic Services, Inc
    • Clean Harbors, Inc.
    • Stericycle, Inc.
    • Waste Management, Inc.
    • Veolia Environnement S.A.
    • SUEZ

Author Credits:  Abhishek Anil


  • Report ID: 3510
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of post-consumer recycled plastics is evaluated at USD 12.75 billion.

Post-Consumer Recycled Plastics Market size was valued at USD 11.7 billion in 2024 and is set to exceed USD 43.35 billion by 2037, registering over 10.6% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is predicted to account for largest revenue share by 2037, attributed to increasing public awareness regarding plastic waste reduction, along with rising construction activities, where recycled plastics are utilized.

The major players in the market are DS Smith plc, Remondis SE & Co. KG, Republic Services, Inc, Clean Harbors, Inc., Stericycle, Inc., Waste Management, Inc., Veolia Environnement S.A., Waste Connections, and Others.
Post-Consumer Recycled Plastics Market Report Scope
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