China Post-consumer Recycled Plastics In Consumer Electronics Market Size & Outlook
China post-consumer recycled plastics in consumer electronics market, 2018-2033 (US$K)
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China post-consumer recycled plastics in consumer electronics market highlights
- The China post-consumer recycled plastics in consumer electronics market generated a revenue of USD 3,420.4 thousand in 2023 and is expected to reach USD 9,722.3 thousand by 2033.
- The China market is expected to grow at a CAGR of 11% from 2024 to 2033.
- In terms of segment, non-bottle rigid was the largest revenue generating source in 2023.
- Non-bottle Rigid is the most lucrative source segment registering the fastest growth during the forecast period.
Post-consumer recycled plastics in consumer electronics market data book summary
| Market revenue in 2023 | USD 3,420.4 thousand |
| Market revenue in 2033 | USD 9,722.3 thousand |
| Growth rate | 11% (CAGR from 2023 to 2033) |
| Largest segment | Non-bottle rigid |
| Fastest growing segment | Non-bottle Rigid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2033 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Non-bottle Rigid, Bottles |
| Key market players worldwide | Basf SE, SABIC, Covestro AG, Trinseo PLC, INEOS |
Other key industry trends
- In terms of revenue, China accounted for 24.6% of the global post-consumer recycled plastics in consumer electronics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China post-consumer recycled plastics in consumer electronics market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,661.0 thousand by 2033.
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Post-consumer Recycled Plastics In Consumer Electronics Market Scope
Post-consumer Recycled Plastics In Consumer Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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China post-consumer recycled plastics in consumer electronics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to post-consumer recycled plastics in consumer electronics market will help companies and investors design strategic landscapes.
Non-bottle rigid was the largest segment with a revenue share of 88.12% in 2023. Horizon Databook has segmented the China post-consumer recycled plastics in consumer electronics market based on non-bottle rigid, bottles covering the revenue growth of each sub-segment from 2018 to 2033.
Although post-consumer recycled plastics market in China is well established, the ban on the import of plastic waste into the country is expected to hamper the growth of the market in China in the coming years. This ban has redirected plastic waste to Southeast Asian countries and led China-based plastic recyclers to relocate to these countries.
China is a manufacturing hub for consumer electronics in Asia Pacific owing to the presence of several key companies, such as Lenovo Group Limited, Sharp Corporation, Sony (China) Limited, and Hewlett Packard. The presence of these companies is anticipated to fuel the demand for post-consumer recycled plastics in consumer electronics in China over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the China post-consumer recycled plastics in consumer electronics market , including forecasts for subscribers. This country databook contains high-level insights into China post-consumer recycled plastics in consumer electronics market from 2018 to 2033, including revenue numbers, major trends, and company profiles.
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China post-consumer recycled plastics in consumer electronics market size, by source, 2018-2033 (US$K)
China Post-consumer Recycled Plastics In Consumer Electronics Market Outlook Share, 2023 & 2033 (US$K)
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