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Global Recycled Plastic Market size was valued at USD 43.66 billion in 2021 and is poised to grow from USD 47.01 billion in 2022 to USD 69.2 billion by 2030, growing at a CAGR of 4.9% in the forecast period (2023-2030).
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Global Recycled Plastic Market Size, Share, Growth Analysis- Industry Forecast 2023-2030 Global Recycled Plastic Market size was valued at USD 43.66 billion in 2021 and is poised to grow from USD 47.01 billion in 2022 to USD 69.2 billion by 2030, growing at a CAGR of 4.9% in the forecast period (2023-2030). Global Recycled Plastic Market in the ocean, accounting for 80 % of all marine debris discovered from the surface to the deep oceans. Every continent's shorelines are littered with plastic, with more rubbish found near famous tourist attractions and densely populated places. It jeopardises ocean health, marine species' health, food safety and quality, human health, and coastal tourism, as well as contributing to climate change. Several stakeholders, including governments, manufacturers, and customers, are modifying plastic consumption patterns manufacturing lines to produce less plastic trash, recycling plastic garbage, and designing items that are easily processed after use. The sheer number of plastics used for storage and transportation in the food and beverage industry, in the shape of bottles, packing films, trays, bins, and disposables, results in a considerable amount of waste. Furthermore, because of the enormous volume of trash generated, food and beverage businesses are under pressure to integrate recycling into their supply chains in order to meet voluntary sustainability goals, agreements, and build circular economic operating models. All of these elements have contributed to the creation of a more efficient recycling process, allowing the food and beverage industry to hold the highest revenue share in 2021, accounting for more than 60%. by revamping existing expand producer responsibility View market More Info @:https://www.skyquestt.com/report/recycled-plastic-
Recycled Plastic Market Top Players Company Profiles •Veolia Environnement S.A. •Borealis AG •SUEZ S.A. •Dow Chemical Company •Republic Services Inc. •Waste Management Inc. •Clean Harbors Inc. •Ultra-Poly Corporation •Plastipak Holdings Inc. •Berry Global Inc. •Eco-Products Inc. •CarbonLITE Industries LLC •GreenLine Polymers •Nestlé S.A. •PepsiCo Inc. •Coca-Cola Company AboutUs: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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