Recycled Glass Market size was valued at USD 3.45 billion in 2024 and is expected to reach USD 7.92 billion by 2037, registering around 6.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of recycled glass is assessed at USD 3.63 billion..
The reason behind the growth is the increasing awareness of eco-friendly products among people worldwide. In the 2020 Korea Procter & Gamble (P&G) study, which had 4000 Korean consumers, 82.2% of the participants stated that they would be prepared to buy eco-friendly items; nonetheless, only 25.5% of the respondents made the purchase.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.6% |
Base Year Market Size (2024) |
USD 3.45 billion |
Forecast Year Market Size (2037) |
USD 7.92 billion |
Regional Scope |
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Product (Cullet, Crushed Glass, Glass Powder)
Cullet segment is expected to capture recycled glass market share of over 55% by 2037. With the most market share in 2023, the cullet segment is leading the industry which will reach around USD 1.5 billion by the end of 2037. The increasing use of cullet for recycling glass will primarily drive this segment's expansion in the recycled glass sector. In order to produce minimal amounts of contaminants, this cullet is treated and filtered using sorting technology based on color. The glass recycling process then makes use of this cullet.
According to the UN Climate Technology Center and Network, the melting process, which creates glass, accounts for more than half of the energy consumed in the glass industry. Energy utilization and CO2 emissions are decreased when recycled glass is added to the raw materials. At now, the global average rate of glass recycling is at around 50%, and it is feasible to achieve higher recycling rates, particularly in areas where recovery rates are relatively low.
Application (Bottle & Container, Flat glass, Fiber Glass, Highway Beads, Abrasives, Fillers)
In recycled glass market, bottle and container segment is set to hold revenue share of over 40% by the end of 2037. This expansion will be noticed due to the rising expansion of the food and beverages industry globally and the continuously increasing demand for glass bottles and containers.
Based on statistics from 2019, the trillion-dollar club accounts for almost 78% of the USD 86.31 trillion global Gross Domestic Product GDP, which is contributed by the 16 largest nations. The top five main economies by nominal GDP are the United States, China, Japan, Germany, and India; together, they account for 55% of the global GDP.
Our in-depth analysis of the global recycled glass market includes the following segments:
Product |
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Application |
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Source |
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Color |
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End-Use Industry |
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European Market Statistics
Europe industry is estimated to hold largest revenue share of 40% by 2037. Moreover, the European recycled glass industry is projected to increase at a CAGR of almost 7% during the projected period.
The increasing production of glass containers from recycled glass will increase the trend of recycled glass market in this region. According to the European Container Glass Federation (FEVE), FEVE members produced 24.5 million tons and 95.3 billion units of container glass in total in 2022. Food and beverage (F&B) containers accounted for 97% of produced tonnes and 89% of produced units, making up the bulk of this output. However, both the F&B and flaconnage categories saw an increase, with 1.1% in tonnage and 1.9% in units.
Recycled glass is especially in actual demand in the U.K., driven by the government-initiated multiple policies to support recycling in this country. According to the government of the U.K. Waste from Households (WfH) recycling in the UK increased from 44.4% in 2020 to 44.6% in 2021, including Incinerator Bottom Ash Metal (IBAm).
In Italy, recycled glass will encounter massive growth because the country expanded the construction industry and the rising use of recycled glasses in the construction industry. With an annual production value of 168 billion euros, Italy's construction industry ranked third in Europe in absolute terms. Furthermore, a few Italian businesses were included among the biggest construction companies worldwide in 2022.
The recycled glass market will also be huge in Germany due to the increasing use of recycled glass in the automotive and transportation industries. In addition, the automobile scrapping process produces shredding remnants made of plastic, rubber, glass, leftover metals, and other items, including contaminants, that must be disposed of. In 2023, Germany produced 436,000 tons of these shredding wastes, with 138,500 tons—or about one-third—coming from auto bodies.
North American Market Analysis
The recycled glass sector in the North America region will notice significant growth through 2037. This growth will be noticed mainly due to rising technological advancement in recycling glasses. Repurposed items, plant-based meals, and sustainably produced goods are just a few examples of how consumers are moving toward eco-friendly and morally-driven enterprises. In North America, there are currently about 3,500 Certified B Corporations, which is twice as many as there were three years ago.
The recycled glass market has expanded in the U.S. as a result of the rising government initiatives to ban plastic use in this region. In terms of the future, the U.S. Interior Department has declared that some public lands and national parks would be free of single-use plastic goods by 2032. This new law will apply to over 480 million acres of federal property.
The Canadian recycled glass’ development mainly lies in increasing concern about the environment amongst people. Canada still has a long way to go before achieving its goal of having net-zero greenhouse gas emissions by the year 2050. These are some of Canada's most urgent environmental problems, ranging from deforestation to pollution of the air and water.
The recycled glass industry is highly competitive and comparatively fragmented. These sector leaders are diversifying their client base, and in an effort to increase their market share and profitability, many firms are forming strategic alliances and working together with start-up businesses. A few of the key players in the recycled glass market are:
Author Credits: Rajrani Baghel
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