Global Post-consumer Recycled Plastics Market Size Study, by Source (Bottles, Non-bottle Rigid), by Type (Polyethylene, Polypropylene, Polyvinyl Chloride), and Regional Forecasts 2022-2032

Description

The Global Post-consumer Recycled Plastics Market was valued at approximately USD 10.67 billion in 2023 and is anticipated to expand at a CAGR of 10.40% over the forecast period 2024-2032. The escalating environmental concerns and the increasing global emphasis on sustainable plastic solutions have driven the demand for post-consumer recycled (PCR) plastics. Industries worldwide are integrating PCR plastics into packaging, consumer goods, automotive components, and construction materials as part of their sustainability commitments. Regulatory frameworks encouraging circular economy initiatives and bans on single-use plastics have further reinforced the necessity for incorporating recycled content into various end-use applications.

Manufacturers are increasingly adopting advanced recycling technologies, such as chemical recycling and enhanced sorting methods, to improve the quality and efficiency of PCR plastics. The packaging industry, particularly the food and beverage sector, has witnessed a substantial rise in demand for high-quality recycled plastics due to consumer preferences shifting toward sustainable packaging. Innovations in material processing, including improved mechanical recycling techniques, have also contributed to the rising adoption of PCR plastics across diverse industries. However, challenges such as supply chain constraints, high costs of advanced recycling technologies, and inconsistent quality of recycled plastics remain obstacles to market expansion.

Government policies and industry collaborations are playing a pivotal role in shaping the PCR plastics market landscape. In regions such as North America and Europe, stringent regulations mandate minimum recycled content in packaging materials, compelling businesses to incorporate PCR plastics into their products. Meanwhile, the Asia Pacific region is witnessing exponential growth, driven by rapid industrialization, increasing plastic waste management initiatives, and investments in recycling infrastructure. Additionally, the rising popularity of eco-conscious brands and consumer demand for sustainable products are expected to fuel further market growth.

North America dominates the market, bolstered by strong regulatory frameworks, widespread adoption of sustainability initiatives, and robust recycling infrastructure. Europe follows closely, benefiting from stringent policies and increasing corporate commitments to circular economy goals. Meanwhile, Asia Pacific is poised to be the fastest-growing region, with countries such as China, India, and Japan making substantial investments in waste recycling and polymer recovery. The presence of major plastic-consuming industries in the region further accelerates market growth.

Major Market Players Included in This Report:

Veolia Environnement S.A.
Plastipak Holdings, Inc.
Berry Global, Inc.
Suez S.A.
Indorama Ventures Public Company Limited
Alpek S.A.B. de C.V.
CarbonLite Industries LLC
MBA Polymers Inc.
Ultra-Poly Corporation
KW Plastics
Ecoplasteam S.r.l.
Clear Path Recycling, LLC
Evergreen Plastics, Inc.
Phoenix Technologies International, LLC
Biffa plc

The Detailed Segments and Sub-segments of the Market are Explained Below:

By Source:

Bottles
Non-bottle Rigid

By Type:

Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years Considered for the Study:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Market estimates & forecasts for 10 years (2022-2032).
Annualized revenue breakdown and regional-level analysis for each market segment.
Detailed geographical assessment with country-level insights.
Competitive landscape overview with insights on major industry players.
Analysis of key business strategies and recommendations for future market expansion.
Evaluation of market structure and competition.
Demand-side and supply-side dynamics analysis.

Table of conrtents

Chapter 1. Global Post-consumer Recycled Plastics Market Executive Summary

1.1. Global Post-consumer Recycled Plastics Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. {By Source}
- 1.3.2. {By Type}
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Post-consumer Recycled Plastics Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Post-consumer Recycled Plastics Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Demand for Sustainable Plastic Solutions
- 3.1.2. Rising Environmental Concerns and Circular Economy Initiatives
- 3.1.3. Technological Advancements in Recycling Processes
3.2. Market Challenges
- 3.2.1. Supply Chain Constraints and High Recycling Costs
- 3.2.2. Inconsistent Quality and Variability of Recycled Plastics
3.3. Market Opportunities
- 3.3.1. Increased Regulatory Support and Corporate Sustainability Initiatives
- 3.3.2. Expansion in High-growth Regions and New End-use Applications
- 3.3.3. Advancements in Chemical and Mechanical Recycling Technologies

Chapter 4. Global Post-consumer Recycled Plastics Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Post-consumer Recycled Plastics Market Size & Forecasts by Source 2022-2032

5.1. Segment Dashboard
5.2. Global Post-consumer Recycled Plastics Market: {Source} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Bottles
- 5.2.2. Non-bottle Rigid

Chapter 6. Global Post-consumer Recycled Plastics Market Size & Forecasts by Type 2022-2032

6.1. Segment Dashboard
6.2. Global Post-consumer Recycled Plastics Market: {Type} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Polyethylene (PE)
- 6.2.2. Polypropylene (PP)
- 6.2.3. Polyvinyl Chloride (PVC)

Chapter 7. Global Post-consumer Recycled Plastics Market Size & Forecasts by Region 2022-2032

7.1. North America Post-consumer Recycled Plastics Market
- 7.1.1. U.S. Post-consumer Recycled Plastics Market
  - 7.1.1.1. {Source} Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. {Type} Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Post-consumer Recycled Plastics Market
7.2. Europe Post-consumer Recycled Plastics Market
- 7.2.1. UK Post-consumer Recycled Plastics Market
- 7.2.2. Germany Post-consumer Recycled Plastics Market
- 7.2.3. France Post-consumer Recycled Plastics Market
- 7.2.4. Spain Post-consumer Recycled Plastics Market
- 7.2.5. Italy Post-consumer Recycled Plastics Market
- 7.2.6. Rest of Europe Post-consumer Recycled Plastics Market
7.3. Asia-Pacific Post-consumer Recycled Plastics Market
- 7.3.1. China Post-consumer Recycled Plastics Market
- 7.3.2. India Post-consumer Recycled Plastics Market
- 7.3.3. Japan Post-consumer Recycled Plastics Market
- 7.3.4. Australia Post-consumer Recycled Plastics Market
- 7.3.5. South Korea Post-consumer Recycled Plastics Market
- 7.3.6. Rest of Asia-Pacific Post-consumer Recycled Plastics Market
7.4. Latin America Post-consumer Recycled Plastics Market
- 7.4.1. Brazil Post-consumer Recycled Plastics Market
- 7.4.2. Mexico Post-consumer Recycled Plastics Market
- 7.4.3. Rest of Latin America Post-consumer Recycled Plastics Market
7.5. Middle East & Africa Post-consumer Recycled Plastics Market
- 7.5.1. Saudi Arabia Post-consumer Recycled Plastics Market
- 7.5.2. South Africa Post-consumer Recycled Plastics Market
- 7.5.3. Rest of Middle East & Africa Post-consumer Recycled Plastics Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Veolia Environnement S.A.
- 8.1.2. Plastipak Holdings, Inc.
- 8.1.3. Berry Global, Inc.
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Veolia Environnement S.A.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Suez S.A.
- 8.3.3. Indorama Ventures Public Company Limited
- 8.3.4. Alpek S.A.B. de C.V.
- 8.3.5. CarbonLite Industries LLC
- 8.3.6. MBA Polymers Inc.
- 8.3.7. Ultra-Poly Corporation
- 8.3.8. KW Plastics
- 8.3.9. Ecoplasteam S.r.l.
- 8.3.10. Clear Path Recycling, LLC
- 8.3.11. Evergreen Plastics, Inc.
- 8.3.12. Phoenix Technologies International, LLC
- 8.3.13. Biffa plc

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes