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Market value of plastic recycling worldwide from 2021 to 2031 (in billion U.S. dollars)

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Sources

Release date

November 2022

Region

Worldwide

Survey time period

2021

Supplementary notes

* Figures from 2022 onwards are forecasts.
This ÌÇÐÄÆƽâ°æ estimate is based on the 2031 values and the compound annual growth rate from 2022 to 2031 of seven percent, which were provided by the source. An exponential development of the market was assumed.

Citation formats

Global plastic recycling market value 2021-2031

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 15, 2022

In 2021, the global plastic recycling was estimated at roughly ** billion U.S. dollars. This market was forecast to grow at a compound annual growth rate (CAGR) of percent between 2022 and 2031, to reach some ** billion dollars in the latter year.

The global plastic waste industry has faced some challenges in recent years. New environmental regulations in China — once the main importer of plastic waste from around the world — resulted in a decline in the country's plastic imports from rich nations.

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Plastic waste in SpainPlastic waste in the UKPlastic waste in EuropePlastic waste in the United StatesGlobal plastic waste
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