The Plastic Bottle Recycling Market is Growing

Global Plastic Bottle Recycling Market Research Report – Forecast to 2022.

According to a market report, published by the Indian company Market Research Future, the global plastic bottle recycling market is growing rapidly owing to factors such as positive prospects for recycled products, and growing environmental concerns among others. “Currently North America is dominating the market of the recycling of plastic bottles,“ the company pointed out. “The food and beverage industry leads the market in developed regions like the U.S. and helps to boost the market of bottle recycling. Additionally, recycled bottles are gaining popularity across the end user industries and the governments are also adopting new measures for recycling.” Report details are available at

Global Polyethylene Terephthalate (PET) Market

The global Polyethylene Terephthalate (PET) packaging market alone was valued at 50.5 billion US-Dollar (amounted to around 17.2 million tons) in 2015, US-based company Research Nester Pvt Ltd stated in a report. The market trend is projected to reach 21.2 million tons making it worth 63.4 billion US-Dollar by 2021, expanding at a compound annual growth rate (CAGR) of 5.15 percent over the forecast period i.e. 2015-2021.

According to the information, with 31.3 percent share, Asia-Pacific dominated the global PET packaging market followed by North America with 23.1 percent and Western Europe with 19.6 percent in 2014. “On the back of factors like rising population, increase in urban cities across Asian countries and rising personal disposable income, Asia-pacific PET packaging market is envisioned to grow at a healthy rate in the near future,” Research Nester stated. Report details are available at

Photo: PRS PET-Recycling Schweiz

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