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 |
|
Browse key industry insights with market data tables & charts from the report:
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.
