Recycle Market for Plastic Bottle Industry to grow By USD 4.62 Bn by 2026, The Growing Use Of Plastic Bottles and Their Recycled Forms to Boost Growth

NEW YORK, Oct. 28, 2022 /PRNewswire/ — The Recycle market for the Plastic bottle industry is expected to grow by USD 4.62 billion during 2021-2026, at a CAGR of 7.67% during the forecast period, according to Technavio. 52% of the growth originates from APAC. The growing use of plastic bottles and their recycled forms will offer immense growth opportunities. However, a low recycling rate will challenge the growth of the market participants.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Free Sample Report.

Recycle Market for Plastic Bottle Industry 2026: Segmentation Analysis

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Recycle Market for Plastic Bottle Industry 2026: Vendor Analysis

The global recycling market for the plastic bottle industry is subject to rapidly changing consumer demands and preferences. Changing consumer consumption patterns may affect vendor performance in the global recycling market for the plastic bottle industry. The market is fragmented because of several international and domestic vendors. Vendors compete based on several factors such as quality, price, service, brand image, distribution, and marketing. Moreover, major vendors are focusing on acquiring other smaller brands to increase their market presence. Increasing vendor competition may lead to vendors reducing their product prices, which could negatively affect their profit margins and market growth.

Key vendors in the global recycling market for the plastic industry are Amcor Plc, Avangard Innovative LP, Complete Recycling LLC, ECO2 PLASTICS Inc., Ecoplast Solutions, Envipco Holding N.V., EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H., EVERGREEN A GREENBRIDGE Co., Ioniqa Technologies B.V., Loop Industries Inc., MoistureShield, perPETual Technologies GmbH, Phoenix Technologies International LLC, PlastiKetic Co., PTP GROUP Ltd., Recycle Clear, United Resource Recovery Corp., and Worn Again Technologies.

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Recycle Market for Plastic Bottle Industry 2026: Key Highlights

• CAGR of the market during the forecast period

• Detailed information on factors that will assist recycle market for plastic bottle industry growth during the next five years

• Estimation of the recycle market for the plastic bottle industry size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the recycle market for plastic bottle industry

• Analysis of the market’s competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of recycle market for plastic bottle industry vendors

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Table Of Contents :

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Grade Type

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

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SOURCE Technavio