Europe Post-consumer Recycled Plastics In Consumer Electronics Market Size & Outlook
Europe post-consumer recycled plastics in consumer electronics market, 2018-2033 (US$K)
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Europe post-consumer recycled plastics in consumer electronics market highlights
- The Europe post-consumer recycled plastics in consumer electronics market generated a revenue of USD 1,900.1 thousand in 2023.
- The market is expected to grow at a CAGR of 10.6% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2033.
Europe data book summary
| Market revenue in 2023 | USD 1,900.1 thousand |
| Market revenue in 2033 | USD 5,200.3 thousand |
| Growth rate | 10.6% (CAGR from 2023 to 2033) |
| Largest segment | Non-bottle rigid |
| Fastest growing segment | Non-bottle Rigid |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 13.7% of the global post-consumer recycled plastics in consumer electronics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,018.8 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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Europe 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 86.6% in 2023. Horizon Databook has segmented the Europe 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.
The European Commission (EC) for reducing plastic waste, anticipates post-consumer recycled plastics in consumer electronics market to witness significant growth owing to the adoption of circular economy. European Union aims to witness 10 Thousand tons of recycled plastics in new products by 2025.
The funding support offered by European Union, such as structural funds, European fund for strategic investments, and circular economy finance support platform to support businesses in order to adopt more recyclable plastics, is expected to fuel the demand for plastic recycling in the region.
Landfill bans have existed for decades in many European countries such as France, Denmark, Germany, and Austria. High landfill tipping fees, dumping tariffs, waste management, and closing costs of landfills have encouraged the European population to switch to recycled products.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe post-consumer recycled plastics in consumer electronics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe post-consumer recycled plastics in consumer electronics market from 2018 to 2033, including revenue numbers, major trends, and company profiles.
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Europe post-consumer recycled plastics in consumer electronics market size, by country, 2018-2033 (US$K)
Europe Post-consumer Recycled Plastics In Consumer Electronics Market Outlook Share, 2023 & 2033 (US$K)
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