Growing environmental awareness and the global shift toward sustainable materials are fueling rapid expansion in the Recycled PET (rPET) market. According to a recent analysis by DataM Intelligence, the market was valued at US$10.5 billion in 2023 and is projected to reach US$17.4 billion by 2031, reflecting a CAGR of 6.5% between 2024 and 2031.

Key Growth Drivers

  • Sustainability push: Governments and corporations are adopting recycled materials to meet sustainability goals and reduce plastic waste.

  • Packaging industry demand: rPET is increasingly used in food & beverage bottles, containers, and packaging solutions.

  • Technological advancements: Mechanical and chemical recycling processes are improving rPET quality, making it more comparable to virgin PET.

  • Consumer awareness: Rising preference for eco-friendly products is boosting adoption across multiple industries.

Market Challenges

  • High processing costs for recycling operations.

  • Inconsistent feedstock quality, impacting large-scale production.

  • Regulatory fragmentation, with varying regional standards for food-grade rPET.

Regional Insights

  • Asia-Pacific dominates growth, supported by population growth, industrial expansion, and rising regulatory pressure.

  • Europe and North America remain strong markets, driven by advanced recycling infrastructure and consumer demand for sustainable products.

  • Textiles, bottles, and sheets are among the most promising application segments for rPET.

Recent Developments (2025)

  • In 2025, the global recycled PET market is valued at US$11.74 billion, reflecting stronger recycling capacity and improved collection systems.

  • Price fluctuations of rPET across major markets in 2025 have highlighted the need for better feedstock supply and logistics efficiency.

  • Chemical recycling technologies are gaining prominence, producing higher-grade rPET suitable for sensitive applications such as food packaging.

Market Outlook

The recycled PET market is poised for steady expansion, supported by government policies, corporate sustainability commitments, and innovation in recycling technologies. With global supply chains demanding eco-friendly solutions, rPET is set to play a central role in packaging, textiles, and consumer goods industries.

About DataM Intelligence
DataM Intelligence is a leading Market Research and Consulting firm, offering 6,300+ reports across 40+ sectors, supporting 200+ global companies in 50+ countries. With deep insights and robust methodologies, DataM delivers end-to-end business solutions.

Contact:
Company: DataM Intelligence 4Market Research LLP
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866