PET Plastic Bottles Recycling Market Insights Video
According to Cognitive Market Research, the global PET plastic bottles recycling market size was USD 4525.2 million in 2024. It will rise at a compound annual growth rate (CAGR) of 5.5% between 2024 and 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1810.1 million in 2024 and will climb at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1357.6 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1040.8 million in 2024 and will climb at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 226.2 million in 2024 and will climb at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 90.5 million in 2024 and will climb at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
The personal care category is the fastest-growing application segment of the PET plastic bottle recycling industry.
