세계의 재생 폴리에틸렌 테레프탈레이트(rPET) 시장 : 유형별, 용도별, 지역별, 기회 및 예측(2018-2032년)

Global recycled polyethylene terephthalate (rPET) market is projected to witness a CAGR of 7.12% during the forecast period 2025-2032, growing from USD 12.54 billion in 2024 to USD 21.74 billion in 2032. The major drivers behind this trend are growing customer consideration for the environment and the need for sustainable packaging solutions. Further, with the brands working towards minimizing their carbon footprint and meeting rigorous regulatory directives, the use of rPET is gaining traction across different industries such as food and beverages, apparel, automobile, etc. The purity and quality of rPET are being upgraded by innovations in recycling technologies, which will be a viable alternative to virgin polyethylene terephthalate. This upgrade addresses plastic waste challenges while also supporting the circular economy.

Furthermore, the increase in the manufacturing capacity and efficiency are being made possible by large investments in recycling infrastructure across the world. The market for rPET is anticipated to grow quickly as sustainability becomes a top priority for companies worldwide, in line with both customer preferences for eco-friendly products and more general environmental aims.

For instance, in December 2024, Alpha Group opened its recycled polyethylene terephthalate plant in South Africa. The company has invested around USD 63 million with the recycling capacity of 35000 tons of rPET flakes per annum and 16000 tons of which will be processed in rPET pellets.

Increasing Demand for Sustainable Packaging

The growing customer need for sustainable packaging solutions has changed the entire packaging industry landscape. As environmental awareness growing up, the consumers are increasingly attracted to things that represent their values. Hence, businesses are looking at rPET as the potential alternative to virgin plastics. This is changing much more than a trend in behavior; it is essentially shifting consumer behavior, facilitated by increased awareness of the degradation impact of plastic waste on the environment. The prominent consumers are acknowledging that integrating rPET into their packaging not only meets consumer demand but also enhances brand loyalty and reputation. As regulatory pressures intensify globally, companies are compelled to innovate and adapt their packaging strategies to align with sustainability goals.

For example, The Coca-Cola Company launched a new bottle made completely from 100% rPET for Dasani water in September 2022. The company also transitioned from green to clear plastic for Sprite in an effort to enhance recycling of the bottle. Similarly, in June 2024, Nestle's water division announced for the use of rPET in bottle production. Their goal is to have at least 50% recycled content by 2025. To further this commitment, their Nestle Aquarel bottles, which previously contained 50% rPET, will now transition to 100% recycled plastic. In addition, in March 2024, Califia Farms, a plant-based beverage company, changed all its chilled milk, creamer, coffee, and tea products to 100% rPET packaging, removing virgin plastic bottles. According to a statement made by the firm, all the bottles have been switched in both the United States and Canada to 100% rPET, apart from the plastic cap and sleeve label.

Government Initiatives and Regulations Fueling the rPET Growth Worldwide

Government policies and regulations are the key factors promoting growth in the rPET market. There are various government bodies across the world that have enacted strict regulations on the reduction of plastic waste and improving recycling practices. The regulatory innovation shapes the framework in the form of promoting manufacturers to adopt recycled materials, such as rPET, in their products for packaging and other purposes. Globally, the governments and their bodies are strictly enforcing plastic waste reduction and recycling patterns. Such policies include frequent regulation by mandatory percentages of recycle content in plastics and other products, thereby boosting the use of rPET by manufacturing companies. The majority of the countries across the world have established the targets of using more recyclable material in packaging as measures to restrict the environmental concerns caused by single-use plastics. Further, governmental backing in the provision of financing and grants for infrastructural development on recycling enhances the prospects of manufacturing and processing of rPET. Therefore, with the increasing regulation and enforced compliance, companies feel more motivated to bring rPET into their processes in order to meet with the legal adherence and compliance of sustainability policies. This alignment between the government policies with industrial practices is expected to boom up the demand for rPET dramatically over the next couple of years.

For instance, in November 2024, an initiative "National Strategy to Prevent Plastic Pollution" is introduced by the United States Environmental Protection Agency with the aim of safeguarding communities from the impacts of plastics production and waste.

Bottled and Container Grade rPET Witnessing Rapid Growth

The rPET market, particularly for bottle-grade material, is experiencing significant growth. This surge is largely driven by the food and beverage industries' increasing demand for sustainable packaging solutions. Heightened environmental awareness among consumers is prompting a widespread shift toward more eco-friendly options. Consequently, many companies in the food and beverage sector are embracing rPET, not just to align with customer preferences but also to bolster their sustainability credentials and meet evolving regulatory requirements for plastic waste reduction. The food-grade rPET segment remains highly popular due to its inherent chemical and biological inertness, making it a safe and hygienic choice for food and beverage applications. This focus on safe and hygienic packaging makes this segment a crucial part of the broader rPET market. Furthermore, the expansion of bottle-to-bottle recycling initiatives is boosting the availability of high-quality rPET resins, thereby encouraging even greater use of recycled materials in packaging.

In response to these trends, major beverage companies are increasingly adopting 100% rPET bottles. The Coca-Cola Company, for example, introduced its own 100% recycled rPET bottles as part of its global strategy to make all packaging recyclable by 2025 and achieve at least 50% recycled content by 2030. This moves underscores Coca-Cola's commitment to a greener future and responsible packaging, championing sustainability across the beverage industry. Adding to this momentum, Magpet Polymers Pvt. Ltd., an emerging Indian PET circular enterprise, secured a substantial USD 24 million investment from British International Investment in October 2024. This strategic funding will enable Magpet to significantly expand its operations and establish India's largest integrated, single-line bottle-to-bottle food-grade recycling plant at Vidyasagar Industrial Park in West Bengal. This state-of-the-art facility will manage the entire PET-bottle recycling process, from receiving used bottles to processing them and transforming the resulting granules back into new bottles. The plant is set to boast an annual capacity of 45,000 tons of food-grade rPET pellets.

Asia-Pacific Region to Dominate the Global Recycled Polyethylene Terephthalate (rPET) Market

Increased investments in the recycling infrastructure along with a robust base of manufacturing render the Asia-Pacific, a key region in the global recycled polyethylene terephthalate (rPET) market. The expansion owing to increased consumer awareness regarding environmental concerns and sustainability has driven the demand for green package solutions across the nations such as China, India. Additionally, businesses in various sectors are employing rPET to address the needs of consumers and regulatory standards. Market growth is also being spurred on through developments in recycling technologies that have introduced improved quality and efficiency in the production of rPET. Improved purity procedures now translate into increased yields of high-quality rPET, making it a more desirable option than virgin plastics. It is reinforced further by incorporating rPET in a wide range of applications including food and beverage packaging, textiles, and automotive parts. In addition, the international cooperation among players in nations like China is increasingly vital to the growth of the rPET business.

For instance, in June 2024, Carbios signed a letter of intent with Zhink Group for building the biorecycling plant in China. This plant will use Carbios enzymatic depolymerization technology which have a processing capacity pf 50,000 tons of PET scrap.

Future Market Scenario (2025 - 2032F)

Technological advancements in recycling processes will enhance the efficiency and quality of rPET production. Improvements to purifying procedures and sorting technologies are expected to boost the production of high-quality rPET, making it a more appealing option for producers. This will help the rPET market grow even further as manufacturers look for reliable supplies of recycled materials.

The expansion of regulatory frameworks aimed at reducing plastic pollution will create a favorable environment for rPET adoption. The governments across the world developing rules that require the use of recycled materials in packaging and products, which will increase demand for rPET. Complying with these standards will encourage businesses to include rPET into their supply chains.

The growing consumer awareness regarding environmental issues will continue to drive demand for rPET across various sectors. As consumers increasingly prefer products made from recycled materials, brands will be incentivized to incorporate rPET into their offerings. This trend is expected to strengthen the market position of rPET as a key component in sustainable product development.

Key Players Landscape and Outlook

Global recycled polyethylene terephthalate (rPET) market is diversified and have significant number of the companies playing a vital role in driving industry growth and innovation. Prominent companies in this industry produce and process rPET, with an emphasis on improving the quality and efficiency of rPET products. These companies use modern recycling technology and strong supply chains to assure a steady supply of high-quality rPET for a wide range of applications, including packaging, textiles, and consumer goods.

Additionally, many of these companies are also investing in research and development to improve recycling processes, aiming to increase the yield and purity of rPET. Strategic partnerships and collaborations are common among industry players, allowing them to expand their market reach and enhance their technological capabilities. Additionally, the competitive landscape is characterized by a mix of established firms and emerging innovators, all working towards meeting the growing demand for sustainable packaging solutions.

For instance, as of July 2023, Alpla Group announced its expansion plans for its recycling plant in Radomsko, Poland, by investing around USD 8.5 million in a third extrusion line. The plant will increase its annual production capacity from 30,000 to 54,000 tonnes of food-grade rPET, making it one of the largest recycling plants in Europe. The Radomsko plant is one of the largest recycling plants for rPET material in Europe, with a production capacity of 54,000 tons of food-grade rPET pellets per year.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Impact of U.S. Tariffs

4. Executive Summary

5. Voice of Customers

• 5.1. Factors Considered in Purchase Decisions
  • 5.1.1. Quality and Performance
  • 5.1.2. Sustainability Credentials
  • 5.1.3. Cost Competitiveness
  • 5.1.4. Regulatory Compliance
  • 5.1.5. After sale support

6. Global Recycled Polyethylene Terephthalate (rPET) Market Outlook, 2018-2032F

• 6.1. Market Size Analysis & Forecast
  • 6.1.1. By Value
  • 6.1.2. By Volume
• 6.2. Market Share Analysis & Forecast
  • 6.2.1. By Type
    • 6.2.1.1. Flakes
    • 6.2.1.2. Chips
    • 6.2.1.3. Pellets
  • 6.2.2. By Application
    • 6.2.2.1. Bottles and Containers
    • 6.2.2.2. Fiber
    • 6.2.2.3. Film and Sheets
    • 6.2.2.4. Strapping
    • 6.2.2.5. Others
  • 6.2.3. By Region
    • 6.2.3.1. North America
    • 6.2.3.2. Europe
    • 6.2.3.3. Asia-Pacific
    • 6.2.3.4. South America
    • 6.2.3.5. Middle East and Africa
  • 6.2.4. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
• 6.3. Market Map Analysis, 2024
  • 6.3.1. By Type
  • 6.3.2. By Application
  • 6.3.3. By Region

7. North America Recycled Polyethylene Terephthalate (rPET) Market Outlook, 2018-2032F*

• 7.1. Market Size Analysis & Forecast
  • 7.1.1. By Value
  • 7.1.2. By Volume
• 7.2. Market Share Analysis & Forecast
  • 7.2.1.1. By Type
    • 7.2.1.1.1. Flakes
    • 7.2.1.1.2. Chips
    • 7.2.1.1.3. Pellets
  • 7.2.1.2. By Application
    • 7.2.1.2.1. Bottles and Containers
    • 7.2.1.2.2. Fiber
    • 7.2.1.2.3. Film and Sheets
    • 7.2.1.2.4. Strapping
    • 7.2.1.2.5. Others
  • 7.2.1.3. By Country Share
    • 7.2.1.3.1. United States
    • 7.2.1.3.2. Canada
    • 7.2.1.3.3. Mexico
• 7.3. Country Market Assessment
  • 7.3.1. United States Recycled Polyethylene Terephthalate (rPET) Market Outlook, 2018-2032F*
    • 7.3.1.1. Market Size Analysis & Forecast
      • 7.3.1.1.1. By Value
      • 7.3.1.1.2. By Volume
    • 7.3.1.2. Market Share Analysis & Forecast
      • 7.3.1.2.1. By Type
        • 7.3.1.2.1.1. Flakes
        • 7.3.1.2.1.2. Chips
        • 7.3.1.2.1.3. Pellets
      • 7.3.1.2.2. By Application
        • 7.3.1.2.2.1. Bottles and Containers
        • 7.3.1.2.2.2. Fiber
        • 7.3.1.2.2.3. Film and Sheets
        • 7.3.1.2.2.4. Strapping
        • 7.3.1.2.2.5. Others
  • 7.3.2. Canada
  • 7.3.3. Mexico

All segments will be provided for all regions and countries covered

8. Europe Recycled Polyethylene Terephthalate (rPET) Market Outlook, 2018-2032F

• 8.1. Germany
• 8.2. France
• 8.3. Italy
• 8.4. United Kingdom
• 8.5. Russia
• 8.6. Netherlands
• 8.7. Spain
• 8.8. Turkey
• 8.9. Poland

9. Asia-Pacific Recycled Polyethylene Terephthalate (rPET) Market Outlook, 2018-2032F

• 9.1. India
• 9.2. China
• 9.3. Japan
• 9.4. Australia
• 9.5. Vietnam
• 9.6. South Korea
• 9.7. Indonesia
• 9.8. Philippines

10. South America Recycled Polyethylene Terephthalate (rPET) Market Outlook, 2018-2032F

• 10.1. Brazil
• 10.2. Argentina

11. Middle East and Africa Recycled Polyethylene Terephthalate (rPET) Market Outlook, 2018-2032F

• 11.1. Saudi Arabia
• 11.2. UAE
• 11.3. South Africa

12. Demand Supply Analysis

13. Value Chain Analysis

14. Porter's Five Forces Analysis

15. PESTLE Analysis

16. Pricing Analysis

17. Market Dynamics

• 17.1. Market Drivers
• 17.2. Market Challenges

18. Market Trends and Developments

19. Case Studies

20. Competitive Landscape

• 20.1. Competition Matrix of Top 5 Market Leaders
• 20.2. SWOT Analysis for Top 5 Players
• 20.3. Key Players Landscape for Top 10 Market Players
  • 20.3.1. Alpha Group
    • 20.3.1.1. Company Details
    • 20.3.1.2. Key Management Personnel
    • 20.3.1.3. Products and Services
    • 20.3.1.4. Financials (As Reported)
    • 20.3.1.5. Key Market Focus and Geographical Presence
    • 20.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 20.3.2. Indorama Ventures Public Company Limited
  • 20.3.3. Reliance Industries Limited
  • 20.3.4. Veolia Environnement SA
  • 20.3.5. LOTTE Chemical Corporation
  • 20.3.6. KAPTAN Group
  • 20.3.7. Phoenix Technologies Inc.
  • 20.3.8. Alpek S.A.B. de C. V
  • 20.3.9. Far Eastern Group
  • 20.3.10. Biffa plc

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

21. Strategic Recommendations

22. About Us and Disclaimer