PUBLISHER: Lucintel | PRODUCT CODE: 1455943
PUBLISHER: Lucintel | PRODUCT CODE: 1455943
Plastic Bottle Recycling Trends and Forecast
The future of the global plastic bottle recycling market looks promising with opportunities in the pharmaceutical, food and beverage, and consumer good applications. The global plastic bottle recycling market is expected to reach an estimated $5.5 billion by 2030 with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are increasing environmental pollution concern and rising demand for recycled materials in manufacturing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Plastic Bottle Recycling by Segment
The study includes a forecast for the global plastic bottle recycling by material type, application, and region.
List of Plastic Bottle Recycling Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic bottle recycling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic bottle recycling companies profiled in this report include-
Plastic Bottle Recycling Market Insights
Lucintel forecasts that polyethylene terephthalate will remain the largest segment over the forecast period.
Within this market, consumer good is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Plastic Bottle Recycling Market
Market Size Estimates: Plastic bottle recycling market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Plastic bottle recycling market size by material type, application, and region in terms of value ($B).
Regional Analysis: Plastic bottle recycling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material types, applications, and regions for the plastic bottle recycling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic bottle recycling market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the plastic bottle recycling market size?
Answer: The global plastic bottle recycling market is expected to reach an estimated $5.5 billion by 2030.
Q2. What is the growth forecast for plastic bottle recycling market?
Answer: The global plastic bottle recycling market is expected to grow with a CAGR of 5.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the plastic bottle recycling market?
Answer: The major drivers for this market are increasing environmental pollution concern and rising demand for recycled materials in manufacturing.
Q4. What are the major segments for plastic bottle recycling market?
Answer: The future of the plastic bottle recycling market looks promising with opportunities in the pharmaceutical, food and beverage, and consumer good applications.
Q5. Who are the key plastic bottle recycling market companies?
Answer: Some of the key plastic bottle recycling companies are as follows:
Q6. Which plastic bottle recycling market segment will be the largest in future?
Answer: Lucintel forecasts that polyethylene terephthalate will remain the largest segment over the forecast period.
Q7. In plastic bottle recycling market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.