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Post-Consumer Recycled Plastics Market Trends

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Report ID: 3510
Published Date: Aug 27, 2024
Report Format: PDF, PPT

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Post-Consumer Recycled Plastics Market Trends

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	2023
Forecast Year	2024-2036
CAGR	10.6%
Base Year Market Size (2023)	USD 10.58 billion
Forecast Year Market Size (2036)	USD 39.2 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, 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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Browse Key Market Insights with Data Illustration:

Post-Consumer Recycled Plastics Market Size Forecast 2036

Author Credits: Abhishek Anil

Report ID: 3510
Published Date: Aug 27, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of post-consumer recycled plastics is estimated at USD 11.48 billion.

Post-Consumer Recycled Plastics Market size was valued at USD 10.58 billion in 2023 and is likely to reach USD 39.2 billion by 2036, expanding at around 10.6% CAGR during the forecast period i.e., between 2024-2036. The growing awareness amongst the masses and initiatives by the government, to reduce plastic waste, will boost the market growth.

Asia Pacific industry is likely to account for largest revenue share by 2036, 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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