Plastic pollution has emerged as a significant environmental crisis, with millions of tons of plastic leaking into the world’s oceans each year, posing threats to marine life and ecosystems. In response, the demand for sustainable packaging solutions has led to the growing popularity of post-consumer recycled bottles. Recycling plastic bottles not only conserves up to 80% of the energy used in manufacturing new bottles but also saves substantial landfill space – approximately 7 yards for every ton of plastic recycled.
Post-consumer recycled bottles are made from materials that have reached the end of their effective life cycle as consumer products. These materials are re-manufactured and re-captured to create new bottles, reducing the strain on natural resources and minimizing waste. As the market for sustainable packaging products expands, manufacturers are adopting innovative strategies and technologies to meet the rising demand for environment-friendly options.
Developments in material sorting facilities worldwide have played a significant role in advancing post-consumer recycled bottles. The recycling process yields lightweight and eco-friendly plastic, boasting properties like crack resistance and strength. Market players are increasingly focusing on sustainable principles, recognizing the large environmental benefits associated with using recycled products over conventional plastic.
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Key Takeaways:
- Recycling plastic bottles can save up to 80% of the energy used in manufacturing new bottles and other products, contributing to energy conservation and reducing greenhouse gas emissions.
- Post-consumer recycled bottles help to save around 7 yards of landfill space for every ton of plastic recycled, alleviating the strain on waste disposal sites and reducing environmental pollution.
- The demand for sustainable packaging products is driving the growth of the post-consumer recycled bottles market, encouraging manufacturers to adopt new strategies and technologies for production.
- Material sorting facilities play a crucial role in the advancement of recycling processes, resulting in lightweight and environmentally friendly plastic suitable for post-consumer recycled bottles.
- Embracing post-consumer recycled bottles can significantly contribute to mitigating the plastic pollution crisis, protecting marine life and the environment from the harmful effects of plastic waste
Post Consumer Recycled Bottles Market – Regional Outlook
On the basis of geography, global post consumer recycled bottles market region is segmented into North America, Latin America, Asia-Pacific excluding Japan (APEJ), Eastern Europe, Western Europe, Middle East & Africa (MEA), and Japan. Among these regions, North America is a leading manufacturer of post consumer recycled bottles, as US and Canada have set up material sorting infrastructure, and is expected to witness a high growth in the post consumer recycled bottles market.
Along with North America, Asia Pacific is also anticipated to grow at the significant rate during the forecast period. Emerging economies such as India and China are anticipated to be the significant contributors to the growth of the APEJ post consumer recycled bottles market.
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Post Consumer Recycled Bottles Market – Key Players
Some of the key players operating in the global post consumer recycled bottles market are segmented into three tiers as tier 1, tier 2, and tier 3.
Tier 1:
- The Procter & Gamble Company
- Amcor Limited
- Graham Packaging Company Inc.
Tier 2:
- Placon Corporation Inc.
- Method Products, Inc.
- Ecover Belgium NV
- Silgan Plastics
Tier 3:
- Direct Pack, Inc.
- Envision Plastics Industries LLC.
- M&H Plastics Ltd.
- Phoenix Technologies
Post Consumer Recycled Bottles Market – Segmentation
The global consumer recycled bottles market is segmented on the basis of material type, layer type and by process. The pricing has been tracked on the basis of product type segment.
On the basis of material type, the global post consumer recycled bottles market is segmented as follows:
- Polyethylene terephthalate (PET)
- Polypropylene (PP)
- High density Polypropylene (HDPE)
On the basis of layer type, the global post consumer recycled bottles market is segmented as follows:
- Monolayer
- Bi-Layer
- Tri-Layer
On the basis of process type, the global post consumer recycled bottles market is segmented as follows:
- Mechanical Process
- Melting
- Refining
- Chemical Process
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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