Post-consumer Recycled Plastics Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2024

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The post-consumer recycled plastics market is projected to from USD 7.7 billion in 2019 to USD 10.2 billion by 2024, recording a CAGR of 5.7% during the forecast period. The growing demand for post-consumer recycled plastics is attributed to the increase in awareness programs regarding sustainable packaging, stringent law enforcement by governments for the management of plastic waste to reduce waste accumulating in landfills, and growing urbanization. However, the high cost of using recycled plastics and difficulty in managing the supply chain is projected to pose challenges in the growth of the market.

In terms of volume, the PP segment is projected to grow at the highest CAGR during the forecast period.
The polypropylene (PP) segment in the post-consumer recycled plastics market is projected to grow at the highest CAGR during the forecast period, in terms of volume. Factors such as high stiffness, heat resistance, steam barrier properties (food protection), elasticity (film and fiber applications), enhanced transparency, strong impact, & rigidity balance in the products manufactured with PP, are expected to boost the growth of this segment in the coming years.

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In terms of volume, the packaging segment is projected to be the most significant end-use application of the post-consumer recycled plastics, from 2019 to 2024. The packaging segment is projected to be the largest & the fastest-growing end-use application in the post-consumer recycled plastics market from 2019 to 2024 in terms of both value and volume. Recycled plastic contents are widely used in packaging items such as containers, bottles, bags, films, and other protective packaging products. Increasing demand for recycled plastics for packaging applications, further drive the growth of the post-consumer recycled plastics market.

By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
By Designation: C-level: 40%, D-level: 35%, and Others*: 25%
By Region: North America: 20%, Europe: 35%, Asia Pacific: 25%, South America: 15%

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-61997
The Final Report will cover the impact analysis of COVID-19 on this industry: Post-consumer Recycled Plastics Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2024

Research Coverage
The market study covers the post-consumer recycled plastics market across various segments. It aims at estimating the market size and the growth potential of this market across different services based on collection & transportation, recycling, incineration, landfills, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their service and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the post-consumer recycled plastics market.

Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall post-consumer recycled plastics market and its segments and subsegments. This report is expected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping the stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 STUDY SCOPE 22
1.3.1 PERIODIZATION CONSIDERED 23
1.4 CURRENCY CONSIDERED 24
1.5 UNITS CONSIDERED 24
1.6 STAKEHOLDERS 25
2 RESEARCH METHODOLOGY 26
2.1 RESEARCH DATA 26
2.2 MARKET SIZE ESTIMATION 26
2.2.1 APPROACH 26

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Christophe Rude
Christophe Rude
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