PUBLISHER: Grand View Research | PRODUCT CODE: 1908567
PUBLISHER: Grand View Research | PRODUCT CODE: 1908567
The global recycled polyethylene terephthalate market size was estimated at USD 19.38 billion in 2025 and is projected to reach USD 37.46 billion by 2033, growing at a CAGR of 8.1% from 2026 to 2033. The growth can be attributed to rising sustainability measures undertaken by food & beverage and packaging companies.
Clear rPET products are the most sought after by both recyclers and end-use industries due to their lower costs compared to colored rPET products. Colored rPET is preferred by packaging product and bottle manufacturers as it provides them with brand identity and enables the development of products with improved aesthetics.
According to the U.S. Environmental Protection Agency, single-use plastics account for approximately 50% of the total plastic demand in the country. The plastic recycling rate in the U.S. is low, as a significant portion of the plastic waste generated is exported to other countries for recycling. After the recent ban on plastic waste imports in China, the U.S. is exporting its plastic waste to Southeast Asian countries.
Global Recycled Polyethylene Terephthalate Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global recycled polyethylene terephthalate market report based on product, end use, and region: