The post-consumer recycled plastics market size has demonstrated significant growth in recent years, escalating from $15.96 billion in 2024 to an anticipated $17 billion in 2025. This impressive surge, translating to a compound annual growth rate (CAGR) of 6.6%, owes much to corporate sustainability initiatives, burgeoning consumer demand for sustainable products, voluntary industry initiatives, infrastructure expansion for plastic waste collection, and reduced reliance on virgin plastics.
While looking ahead, the post-consumer recycled plastics market size is set to continue its strong growth trajectory, with a forecasted value of $21.75 billion in 2029, reflecting a compound annual growth rate (CAGR) of 6.3%. Global plastic waste concerns, extended producer responsibility (EPR) programs, green labeling and certification, consumer education and advocacy, as well as global sustainability goals are expected to fuel this future growth. Critical trends likely to emerge during the forecast period include growing awareness of plastic pollution, advancements in recycling technologies, government policies and regulations, focus on closed-loop recycling systems, and collaborations across the value chain.
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What is Driving the Growth of the Post-Consumer Recycled Plastics Market?
The post-consumer recycled plastics market is poised for growth, largely spurred by the increasing demand for non-residential construction projects. Non-residential construction includes buildings not intended for private occupation, and recycled plastics represent a practical and low-emission alternative material. This shift towards sustainability is demonstrated by substantial year-to-date spending increase on non-residential building construction, with specific surges in the manufacturing and lodging sectors.
What are the Key Market Segments in the Global Post-Consumer Recycled Plastics Market?
1. By Type: Polypropylene (PP), Polystyrene (PS), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyurethane (PUR), Polyethylene Terephthalate (PET), Other Types
2. By Service: Collection And Transportation, Recycling, Incineration, Landfill
3. By End-Use: Packaging, Building And Construction, Automotive, Electronics, Furniture, Other End-Uses
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Who are the major players in the Post-Consumer Recycled Plastics Market?
The global post-consumer recycled plastics market is championed by major companies such as Veolia Environnement SA, Suez SA, Biffa PLC, DS Smith PLC, Genpak LLC, Envision Plastics Industries LLC, Multiplast Systems Inc., KW Plastics Inc., Clear Path Recycling LLC, Delta Plastics, Custom Polymers Inc., MBA Polymers Inc., Waste Management Inc., Republic Services Inc., and Plastipak Holdings Inc., amongst others.
What Emerging Trends are being witnessed in the Post-Consumer Recycled Plastics Market?
Technological advancement is a key trend in the post-consumer recycled plastics market. Companies like AMP Robotics, which launched an AI-driven system for the recovery of film and flexible packaging, are propelling the market forward with innovative solutions to traditional recycling challenges.
Which Region is set to be the Fastest Growing in the Post-Consumer Recycled Plastics Market?
Asia-Pacific was the largest region in the post-consumer recycled plastics market in 2024, while North America is expected to be the fastest-growing region in the coming years.
What Does The Post-Consumer Recycled Plastics Market Report 2025 Offer?
Post-consumer recycled plastics refer to a substance manufactured from products that customers recycle daily. These materials are often used to create packaging films, containers, and sheets, presenting a sustainable alternative to virgin plastic resin. The Post-Consumer Recycled Plastics Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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