Post-Consumer Recycled Plastics Market to Witness Growth by a CAGR of ~6% throughout 2022 –2030
by Henry S. Market ResearchResearch
Nester published a report titled “Post-Consumer
Recycled Plastics Market: Global Demand Analysis &
Opportunity Outlook 2030” which delivers
detailed overview of the global
post-consumer recycled plastics market in terms of market segmentation by source,
application, service, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The global
post-consumer recycled plastics market
is anticipated to grow at a CAGR of ~6% over the forecast period, i.e., 2022 –
2030. The market is segmented on the basis of source, into residential,
commercial, and others, out of which, the commercial segment is estimated to
gain the largest share over the forecast period, as commercial sector produces
ample amount of plastic waste, and the waste management system is more
efficient in commercial sources as compared to residential sources.
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Sample of This Strategic Report@ https://www.researchnester.com/sample-request-3510
The global post-consumer recycled
plastics market is estimated to
grow on the back of increasing awareness regarding recycling plastic amongst
the public, combined with various government initiatives to promote reduction
of plastic waste. Recycling plastic is the best solution in order the reduce
the impact of producing new plastics on environment and reduce the waste ending
in oceans. As per the UN Environment Protection Organization (UNEP),
over 300 million tons of plastic waste is generated yearly. Moreover, the
growing applications of recycled plastics amongst various end-user industries
is estimated to further boost the market growth.
On the basis of geographical analysis, the
global post-consumer
recycled plastics market is
segmented into five major regions including North America, Europe, Asia
Pacific, Latin America and Middle East & Africa region. The market
in the North America region is estimated to gain the largest market share
during the forecast period, owing to the growing adoption of recycled plastic,
increasing waste management, and growing public awareness regarding reducing plastic
waste in the region.
The research is
global in nature and covers detailed analysis on the market in North America
(U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland,
Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest
of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East
and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman],
North Africa, South Africa, Rest of Middle East and Africa). In addition,
analysis comprising market size, Y-O-Y growth & opportunity analysis,
market players’ competitive study, investment opportunities, demand for future
outlook etc. has also been covered and displayed in the research report.
Growing
Environmental Awareness Amongst People to Fuel the Market Growth
A huge
amount of plastic waste is generated each year, and major part of it ends in
oceans or landfills. This has created serious environmental issues over the
years, including, ocean toxification, loss of marine biodiversity, methane
emission, and others. Recycling, on the other hand, is the best solution to
reduce plastic waste and conserve environment. This is the primary growth
factor for the market.
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Report: https://www.researchnester.com/sample-request-3510
However, the absence of proper waste management
system is expected to operate as key restraint to the growth of the
global post-consumer recycled plastics market over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the global post-consumer recycled plastics market which includes
company profiling of DS Smith
plc, GFL Environmental Inc., Remondis SE & Co. KG, Republic Services, Inc, Clean
Harbors, Inc., Stericycle, Inc., Waste Management, Inc., Veolia Environnement
S.A., Waste Connections, SUEZ, and others. The profiling enfolds key
information of the companies which encompasses business overview, products and services,
key financials and recent news and developments. On the whole, the report
depicts detailed overview of the global post-consumer recycled plastics market
that will help industry consultants, equipment manufacturers, existing players
searching for expansion opportunities, new players searching possibilities and
other stakeholders to align their market centric strategies according to the
ongoing and expected trends in the future.
Read More Information@ https://www.researchnester.com/reports/post-consumer-recycled-plastics-market/3510
About
Research Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
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strategy, expansion and investment etc. We believe every business can expand to
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Created on Jan 19th 2023 22:39. Viewed 174 times.