Global PCR Plastic Packaging Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Polyethylene Terephthalate (PET), Polystyrene (PS), High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), Polyvinyl Chloride (PVC), Others (PLA, PHA and etc).

By Application;

Bottles, Trays, Clamshells, Blister Packs, Bags & Sacks, Pouches & Sachets, Cups & Jars, Tubs, and Others.

By End-User;

Food, Beverages, Pharmaceuticals, Cosmetics & Personal Care, Homecare & Toiletries, Electronics, and Others (Packaging For Industrial Purpose).

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn705975056 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global PCR Plastic Packaging Market (USD Million), 2021 - 2031

In the year 2024, the Global PCR Plastic Packaging Market was valued at USD 1119.76 million. The size of this market is expected to increase to USD 1683.71 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The global PCR (Post-Consumer Recycled) plastic packaging market has been witnessing significant growth in recent years, driven by a growing awareness of environmental sustainability and the need to reduce plastic waste. PCR plastic packaging refers to packaging materials that have been manufactured using recycled plastics obtained from post-consumer waste, such as used plastic bottles and containers. This eco-friendly alternative to traditional plastic packaging is gaining traction across various industries due to its lower environmental footprint and ability to contribute to a circular economy.

One of the key drivers of the PCR plastic packaging market is the increasing emphasis on corporate sustainability initiatives by companies across sectors. With consumers becoming more environmentally conscious, businesses are under pressure to adopt sustainable practices throughout their supply chains, including packaging. PCR plastic packaging offers a viable solution as it reduces the reliance on virgin plastics, which require significant amounts of energy and resources to produce. Additionally, PCR packaging helps divert plastic waste from landfills and oceans, thereby addressing the pressing issue of plastic pollution.

Stringent government regulations and policies aimed at reducing plastic usage and promoting recycling are further fueling the demand for PCR plastic packaging. Many countries have implemented bans or restrictions on single-use plastics, prompting industries to explore alternative packaging materials such as PCR plastics. Governments are also incentivizing the use of recycled materials through various initiatives and subsidies, encouraging businesses to adopt sustainable packaging practices.

Technological advancements in recycling processes and improvements in the quality of PCR plastics are driving market growth. Innovations in recycling technologies have made it possible to produce high-quality PCR resins that meet the performance requirements of various packaging applications. As a result, manufacturers are increasingly incorporating PCR plastics into their packaging portfolios, offering eco-friendly options to consumers without compromising on quality or functionality. Overall, the global PCR plastic packaging market is poised for continued expansion as businesses and consumers alike prioritize sustainability in packaging solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Global PCR Plastic Packaging Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Sustainable Packaging Initiatives
        2. Increasing Demand for Convenience
        3. Technological Advancements in Packaging
        4. Growing E-commerce Sector
        5. Consumer Preference for Lightweight Packaging
      2. Restraints
        1. Environmental Concerns
        2. Regulatory Constraints
        3. Volatility in Raw Material Prices
        4. Limited Recycling Infrastructure
        5. Competition from Other Materials
      3. Opportunities
        1. Emerging Markets Expansion
        2. Innovation in Biodegradable Plastics
        3. Customization and Personalization Trends
        4. Collaborations for Recycling Solutions
        5. Shift towards Circular Economy Models
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global PCR Plastic Packaging Market, By Material, 2021 - 2031 (USD Million)
      1. Polyethylene Terephthalate (PET)
      2. Polystyrene (PS)
      3. High Density Polyethylene (HDPE)
      4. Low Density Polyethylene (LDPE)
      5. Polyvinyl Chloride (PVC)
      6. Others (PLA, PHA, etc)
    2. Global PCR Plastic Packaging Market, By Application, 2021 - 2031(USD Million)
      1. Bottles
      2. Trays
      3. Clamshells
      4. Blister Packs
      5. Bags & Sacks
      6. Pouches & Sachets
      7. Cups & Jars
      8. Tubs
      9. Others
    3. Global PCR Plastic Packaging Market, By End-User, 2021 - 2031 (USD Million)
      1. Food
      2. Beverages
      3. Pharmaceuticals
      4. Cosmetics and Personal Care
      5. Homecare and Toiletries
      6. Electronics
      7. Others (Packaging for Industrial Purpose)
    4. Global PCR Plastic Packaging Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Berry Global, Inc
      2. Veolia Environnement S.A
      3. Borealis AG
      4. Amcor plc
      5. Plastipak Holdings, Inc
      6. Sealed Air Corporation
      7. Huhtamaki Group
      8. DS Smith plc
      9. Greif, Inc
      10. Mondi plc
  7. Analyst Views
  8. Future Outlook of the Market