Post-Consumer Recycled Plastic Market Report: Trends, Forecast and Competitive Analysis to 2030

Post-Consumer Recycled Plastic Market Report: Trends, Forecast and Competitive Analysis to 2030

Post-Consumer Recycled Plastic Trends and Forecast

The future of the global post-consumer recycled plastic market looks promising with opportunities in the packaging, building & construction, automotive, and electronic markets. The global post-consumer recycled plastic market is expected to reach an estimated $20.8 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are rising government initiatives towards promoting sustainable waste management and growing consumer inclination towards sustainable product choices.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Post-Consumer Recycled Plastic by Segment

The study includes a forecast for the global post-consumer recycled plastic by source, polymer type, processing type, end use, and region.

Post-Consumer Recycled Plastic Market by Source [Shipment Analysis by Value from 2018 to 2030]:

• Bottles
• Non-Bottle Rigid
• Others

Post-Consumer Recycled Plastic Market by Polymer Type [Shipment Analysis by Value from 2018 to 2030]:

• Polyethylene Terephthalate (PET)
• High-density Polyethylene (HDPE)
• Low-density Polyethylene (LDPE)
• Polypropylene (PP)
• Polyurethane (PUR)
• Polyvinyl Chloride (PVC)
• Polystyrene (PS)
• Others

Post-Consumer Recycled Plastic Market by Processing Type [Shipment Analysis by Value from 2018 to 2030]:

• Mechanical
• Chemical
• Biological

Post-Consumer Recycled Plastic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Packaging
• Building & Construction
• Automotive
• Electronics
• Others

Post-Consumer Recycled Plastic Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Post-Consumer Recycled Plastic Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies post-consumer recycled plastic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the post-consumer recycled plastic companies profiled in this report include-

• Veolia Environment
• Suez Waste Management
• Republic Services
• Waste Connections
• Biffa
• Clean Harbors
• Stericycle
• Remondis
• DS Smith
• Plastipak Holdings

Post-Consumer Recycled Plastic Market Insights

Lucintel forecasts that mechanical is expected to witness the highest growth over the forecast period due to its rising preference to process waste plastics by physical means such as grinding, shredding, and melting given to its simplicity and relatively low cost.

Within this market, packaging is expected to witness the highest growth.

APAC is expected to witness highest growth over the forecast period due to continual expansion of urbanization and rising demand for non-residential construction projects in the region.

Features of the Global Post-Consumer Recycled Plastic Market

Market Size Estimates: Post-consumer recycled plastic market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Post-consumer recycled plastic market size by various segments, such as by source, polymer type, processing type, end use, and region in terms of value ($B).

Regional Analysis: Post-consumer recycled plastic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different sources, polymer types, processing types, end uses, and regions for the post-consumer recycled plastic market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the post-consumer recycled plastic market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the post-consumer recycled plastic market size?

Answer: The global post-consumer recycled plastic market is expected to reach an estimated $20.8 billion by 2030.

Q2. What is the growth forecast for post-consumer recycled plastic market?

Answer: The global post-consumer recycled plastic market is expected to grow with a CAGR of 5.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the post-consumer recycled plastic market?

Answer: The major drivers for this market are rising government initiatives towards promoting sustainable waste management and growing consumer inclination towards sustainable product choices.

Q4. What are the major segments for post-consumer recycled plastic market?

Answer: The future of the post-consumer recycled plastic market looks promising with opportunities in the packaging, building & construction, automotive, and electronic markets.

Q5. Who are the key post-consumer recycled plastic market companies?

Answer: Some of the key post-consumer recycled plastic companies are as follows:

• Veolia Environment
• Suez Waste Management
• Republic Services
• Waste Connections
• Biffa
• Clean Harbors
• Stericycle
• Remondis
• DS Smith
• Plastipak Holdings

Q6. Which post-consumer recycled plastic market segment will be the largest in future?

Answer: Lucintel forecasts that mechanical is expected to witness the highest growth over the forecast period due to its rising preference to process waste plastics by physical means such as grinding, shredding, and melting given to its simplicity and relatively low cost.

Q7. In post-consumer recycled plastic market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to continual expansion of urbanization and rising demand for non-residential construction projects in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the post-consumer recycled plastic market by source (bottles, non-bottle rigid, and others), polymer type (polyethylene terephthalate (PET), high-density polyethylene (HDPE), low-density polyethylene (LDPE), polypropylene (PP), polyurethane (PUR), polyvinyl chloride (PVC), polystyrene (PS), and others), processing type (mechanical, chemical, and biological), end use (packaging, building & construction, automotive, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?