Recycled PET Bottle Flakes Market was valued at USD 3.25 Billion in 2022 and is projected to reach USD 6.45 Billion by 2030, growing at a CAGR of 9.26% from 2024 to 2030.
The global recycled PET (rPET) bottle flakes market was valued at approximately USD 7.5 billion in 2022, with a robust compound annual growth rate (CAGR) of around 7.5% projected from 2023 to 2030. The growing emphasis on sustainability and the circular economy has significantly contributed to the increasing adoption of recycled PET bottle flakes in various applications, including packaging, textiles, and automotive components. The market's expansion is driven by heightened consumer awareness regarding environmental issues and stringent regulations on plastic waste. By 2030, the market size is anticipated to reach approximately USD 13 billion, reflecting a substantial growth trajectory.Opportunities within the recycled PET bottle flakes market are abundant, particularly in emerging markets where industrialization and urbanization are accelerating. Regions such as Asia-Pacific and Latin America are witnessing significant investments in recycling infrastructure and technology, which are expected to enhance market growth. Additionally, the rising demand for eco-friendly packaging solutions across industries, coupled with advancements in recycling technologies, presents promising prospects for market players. As the sector evolves, innovations in sorting and processing technologies are likely to further drive the market's expansion and offer new avenues for growth.
Get an In-Depth Research Analysis of the Global Recycled PET Bottle Flakes Market Size And Forecast [2025-2032]
Beijing Sanlian Hope Shin-Gosen Technical Service Co.
Ltd.
Indorama Ventures
Far East New Century
Alpek (DAK Americas)
Plastipak Holdings
Greentech
Visy
SUEZ
Veolia
Shenghong Holding Group Co.
Ltd.
Suzhou Jiulong Recycling Technology Co.
Ltd.
Haili Environmental Technology
Xingke Chemical Fiber
Zhejiang Jiaren New Materials
Guangdong Qiusheng Resources
Baichuan Resource Regeneration Technology
Guangxi Guolong Renewable Resources
Armacell
EcoBlue
Quanzhou Canhua Recycling Resources Co.
Ltd.
Veolia Huafei Polymer Technology (Zhejiang) Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Recycled PET Bottle Flakes Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Recycled PET Bottle Flakes Market
Textile
Bottles
Sheet
Strapping
Others
Based on Types the Market is categorized into Below types that held the largest Recycled PET Bottle Flakes market share In 2023.
Food Grade Recycled PET Bottle Flakes
Regular Recycled PET Bottle Flakes
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Recycled PET Bottle Flakes Market Research Analysis
1. Introduction of the Global Recycled PET Bottle Flakes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Recycled PET Bottle Flakes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Recycled PET Bottle Flakes Market, By Type
6. Global Recycled PET Bottle Flakes Market, By Application
7. Global Recycled PET Bottle Flakes Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Recycled PET Bottle Flakes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/