The global market for Recycled PET Flakes was estimated at US$11.0 Billion in 2024 and is projected to reach US$20.3 Billion by 2030, growing at a CAGR of 10.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Recycled PET Flakes market.
Global Recycled PET Flakes Market - Key Trends & Drivers Summarized
Why Are Recycled PET Flakes Becoming a Key Material in Sustainable Packaging?
Recycled polyethylene terephthalate (PET) flakes have emerged as a critical material in sustainable packaging, textile manufacturing, and industrial applications. With increasing concerns about plastic waste and environmental sustainability, industries are shifting toward recycled PET as a viable alternative to virgin plastic. PET flakes, derived from post-consumer plastic bottles and containers, are widely used in producing food-grade packaging, fibers for clothing, and eco-friendly building materials. Regulatory mandates requiring higher recycled content in plastic packaging have further accelerated demand for recycled PET flakes. Additionally, consumers are prioritizing brands that incorporate recycled materials, driving businesses to integrate sustainable solutions into their supply chains.How Are Innovations in Recycling Technologies Enhancing PET Flake Quality?
The advancement of PET recycling technologies has significantly improved the purity, strength, and usability of recycled PET flakes. Advanced sorting and washing techniques, such as near-infrared (NIR) technology and AI-powered optical sorting, are enhancing the quality of PET recovery. Chemical recycling methods, including depolymerization, are enabling the production of food-grade recycled PET that meets stringent safety standards. Additionally, the use of blockchain and traceability tools is improving transparency in PET recycling supply chains. These innovations are making recycled PET flakes more competitive with virgin PET, enabling their adoption across high-performance applications.What Market Trends Are Driving the Expansion of the Recycled PET Flakes Industry?
The demand for circular economy solutions has fueled the expansion of the recycled PET flakes market, with industries such as food & beverage, apparel, and consumer goods integrating recycled content into their products. The growing adoption of refillable packaging models and the shift toward rPET-based textiles have further boosted demand. Additionally, global regulations mandating minimum recycled content in plastic packaging are influencing market dynamics. The increasing focus on extended producer responsibility (EPR) programs and sustainability certifications is also shaping purchasing decisions and production standards.What Are the Key Growth Drivers of the Recycled PET Flakes Market?
The growth in the global recycled PET flakes market is driven by increasing regulatory requirements, corporate sustainability commitments, and advancements in plastic recycling technology. The expansion of eco-friendly packaging, sustainable textiles, and closed-loop recycling systems is further propelling market demand. With continued investment in high-quality recycling processes and material innovation, the recycled PET flakes market is expected to experience sustained growth, supporting global sustainability efforts.Scope of Study:
The report analyzes the Recycled PET Flakes market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Product (Clear Recycled PET Flakes, Colored Recycled PET Flakes); End-Use (Non-Food Bottles & Containers End-Use, Food & Beverage Bottles End-Use, Sheets & Films End-Use, Fibers End-Use, Other End-Uses)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Clear Recycled PET Flakes segment, which is expected to reach US$15.1 Billion by 2030 with a CAGR of a 11.8%. The Colored Recycled PET Flakes segment is also set to grow at 7.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.0 Billion in 2024, and China, forecasted to grow at an impressive 14.7% CAGR to reach $4.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Recycled PET Flakes Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Recycled PET Flakes Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Recycled PET Flakes Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Alpek S.A.B. de C.V., ALPLA Group, AMUT Group, Biffa plc, Evergreen Plastics and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 41 companies featured in this Recycled PET Flakes market report include:
- Alpek S.A.B. de C.V.
- ALPLA Group
- AMUT Group
- Biffa plc
- Evergreen Plastics
- Fantastic Plastic
- Far Eastern New Century Corporation
- GreenMantra Technologies
- Indorama Ventures Public Limited
- Kaltani
- Loop Industries
- Pashupati Group
- PET to PET Recycling Österreich GmbH
- Plastipak Holdings, Inc.
- Polindo Utama
- PolyQuest, Inc.
- Sorema Plastic Recycling Systems
- Starlinger & Co. GmbH
- Tridi Oasis
- Wellman International
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alpek S.A.B. de C.V.
- ALPLA Group
- AMUT Group
- Biffa plc
- Evergreen Plastics
- Fantastic Plastic
- Far Eastern New Century Corporation
- GreenMantra Technologies
- Indorama Ventures Public Limited
- Kaltani
- Loop Industries
- Pashupati Group
- PET to PET Recycling Österreich GmbH
- Plastipak Holdings, Inc.
- Polindo Utama
- PolyQuest, Inc.
- Sorema Plastic Recycling Systems
- Starlinger & Co. GmbH
- Tridi Oasis
- Wellman International
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 281 |
| Published | July 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 11 Billion |
| Forecasted Market Value ( USD | $ 20.3 Billion |
| Compound Annual Growth Rate | 10.7% |
| Regions Covered | Global |
