Post-Consumer Recycled Plastics Market Size

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

Post-Consumer Recycled Plastics Market Size

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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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.
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