PCR(Post-consumer Recycled) 플라스틱 포장 시장 예측(-2030년) : 제품별, 재료별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Post-consumer Recycled (PCR) Plastic Packaging Market is accounted for $19.8 billion in 2023 and is expected to reach $45.2 billion by 2030 growing at a CAGR of 12.5% during the forecast period. The Post-consumer Recycled (PCR) Plastic Packaging Market refers to the segment of the packaging industry that utilizes recycled plastic materials derived from consumer products that have fulfilled their initial purpose. This sustainable packaging approach aims to minimize environmental impact by diverting plastic waste from landfills and reducing the demand for virgin plastic production. Companies in this market integrate recycled content into their packaging designs, contributing to resource conservation and mitigating the environmental burden associated with conventional plastic production.

According to PlasticsEurope, as the mandatory target of recycled content in packaging is 30% by 2030, its member has planned investments in chemical recycling technology and infrastructure, predicting Euro 2.6 billion by 2025 to Euro 7.2 billion by 2030 in Europe.

Market Dynamics:

Driver:

Growing consumer preference for eco-friendly products

In response to heightened environmental awareness, consumers are increasingly seeking sustainable alternatives that minimize their ecological footprint. PCR plastic packaging aligns with this demand, offering a solution that repurposes discarded plastic materials, reducing the reliance on virgin plastics and mitigating the environmental impact of conventional packaging. As consumers become more conscious of the environmental consequences of their choices, the demand for products packaged in PCR plastics has surged. Brands that incorporate PCR plastic packaging not only cater to this evolving consumer sentiment but also enhance their brand image, appealing to environmentally conscious consumers.

Restraint:

Competitive pricing

While the demand for sustainable packaging solutions is rising, the economic viability of PCR plastic packaging can be challenged by factors such as the cost of collecting, processing, and refining post-consumer plastics. In some instances, the production costs associated with recycling and ensuring the quality of PCR materials may exceed those of traditional virgin plastics. This cost disparity can be a deterrent for businesses seeking economical packaging solutions, especially in price-sensitive markets.

Opportunity:

Technological innovation

Advances in recycling technologies have significantly improved the efficiency and viability of processing post-consumer plastic waste. Innovations in sorting, cleaning, and reprocessing techniques have enhanced the quality of recycled plastics, making PCR materials more suitable for a broader range of packaging applications. These technological advancements address historical challenges associated with PCR plastics, such as variations in material quality and limitations in performance. Moreover, ongoing research and development initiatives continue to explore novel methods for transforming post-consumer plastics into high-quality packaging materials, expanding the market's capabilities and driving adoption.

Threat:

Lack of standardization

The absence of universally accepted regulations and industry standards for PCR plastics contributes to a landscape marked by uncertainty and inconsistency. Without clear guidelines on quality, composition, and performance criteria for recycled plastics, manufacturers and consumers may encounter challenges in assessing and ensuring the reliability of PCR plastic packaging. This lack of standardization not only hampers the seamless integration of PCR plastics into diverse industries but also fosters skepticism among end-users regarding the safety and efficacy of recycled materials.

Covid-19 Impact:

While there has been an increased awareness of hygiene and safety, leading to a surge in demand for single-use plastics, the recycling sector faced challenges. Pandemic-related disruptions in waste collection systems, reduced consumer focus on sustainability amid health concerns, and supply chain disruptions influenced the availability and quality of post-consumer plastics. Additionally, economic uncertainties led some businesses to prioritize cost-effective packaging solutions over sustainable alternatives. However, the pandemic also highlighted the importance of resilient and sustainable supply chains, reigniting discussions on environmental responsibility.

The pouches segment is expected to be the largest during the forecast period

Pouches segment is expected to dominate the largest share of the market during the forecast period due to its versatility, lightweight nature, and eco-friendly attributes. Pouch packaging, including stand-up pouches and flexible packaging, has gained popularity as a sustainable alternative to traditional packaging formats. As consumers increasingly prioritize convenience and sustainability, pouches offer a lightweight yet durable solution, reducing material usage and transportation costs. Moreover, the adoption of PCR plastics in pouch manufacturing further amplifies the eco-friendly appeal, addressing environmental concerns associated with single-use packaging.

The high density polyethylene segment is expected to have the highest CAGR during the forecast period

Owing to its strength, durability, and recyclability, is witnessing increased demand, High density polyethylene segment is expected to have the highest CAGR during the forecast period. The booming HDPE segment can be attributed to its widespread use in various packaging applications, including bottles, containers, and other rigid packaging formats. The versatility of HDPE allows for the effective integration of post-consumer recycled content without compromising performance, making it a preferred choice for environmentally conscious brands.

Region with largest share:

Owing to the region's robust manufacturing capabilities, coupled with advancements in recycling technologies, contribute to the expanding market for PCR plastics packaging, North America region commanded the largest share of the market throughout the projected period. Supportive regulatory frameworks and initiatives promoting circular economy practices further encourage the adoption of post-consumer recycled materials. Furthermore, advanced recycling technologies have gained traction, enabling more efficient collection, sorting, and processing of post-consumer plastics in the region.

Region with highest CAGR:

Due to the region's rapid economic development and urbanization have led to increased consumption, resulting in heightened concerns about environmental sustainability, Asia Pacific region is growing at a rapid pace over the extrapolated period. Governments and businesses in the region are increasingly recognizing the importance of adopting eco-friendly practices, aligning with global sustainability goals. Additionally, growing awareness among consumers regarding the environmental impact of plastic waste has fueled demand for PCR plastic packaging solutions.

Key players in the market

Some of the key players in Post-consumer Recycled (PCR) Plastic Packaging market include Amcor Plc, Berry Global Inc, Constantia Flexibles Group GmbH, Cosmo Films Ltd, DS Smith Plc, Henkel cooperation, Klockner Pentaplast, Mondi Group, Novolex Holdings, Inc, Plastipak Holdings, Inc, Reynolds Group Holdings Limited, Rose Plastic AG, Sealed Air Corporation, Silgan Holdings Inc and Sonoco Products Company.

Key Developments:

In December 2022, Amcor Limited and Licella Holdings signed a Memorandum of Understanding (MOU) to invest in advanced recycling facilities for plastic in Australia. This deal shows how committed Amcor and Licella are to building a local circular economy for soft plastics in Australia. It also moves Amcor closer to its goal of having 30% recycled material in all of its products by 2030.

In January 2022, Berry Global Inc., a prominent packaging company, announced the launch of its new BCircular line, which contains 100% PCR. The new packaging line is suited for food and beverage packaging and liquor packaging. They also introduced PCR-based packing boxes and lid pack alternatives.

Products Covered:

• Pouches
• Trays
• Bottles
• Other Products

Materials Covered:

• Polystyrene (PS)
• High Density Polyethylene
• Low Density Polyethylene
• Polyethylene Terephthalate (PET)
• Other Materials

End Users Covered:

• Food & Beverages
• Cosmetics and Personal Care
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Post-consumer Recycled (PCR) Plastic Packaging Market, By Product

• 5.1 Introduction
• 5.2 Pouches
• 5.3 Trays
• 5.4 Bottles
• 5.5 Other Products

6 Global Post-consumer Recycled (PCR) Plastic Packaging Market, By Material

• 6.1 Introduction
• 6.2 Polystyrene (PS)
• 6.3 High Density Polyethylene
• 6.4 Low Density Polyethylene
• 6.5 Polyethylene Terephthalate (PET)
• 6.6 Other Materials

7 Global Post-consumer Recycled (PCR) Plastic Packaging Market, By End User

• 7.1 Introduction
• 7.2 Food & Beverages
• 7.3 Cosmetics and Personal Care
• 7.4 Other End Users

8 Global Post-consumer Recycled (PCR) Plastic Packaging Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Amcor Plc
• 10.2 Berry Global Inc
• 10.3 Constantia Flexibles Group GmbH
• 10.4 Cosmo Films Ltd
• 10.5 DS Smith Plc
• 10.6 Henkel cooperation
• 10.7 Klockner Pentaplast
• 10.8 Mondi Group
• 10.9 Novolex Holdings, Inc
• 10.10 Plastipak Holdings, Inc
• 10.11 Reynolds Group Holdings Limited
• 10.12 Rose Plastic AG
• 10.13 Sealed Air Corporation
• 10.14 Silgan Holdings Inc
• 10.15 Sonoco Products Company