North America Recycled Pet Flakes Market Size & Outlook
North America recycled pet flakes market, 2018-2030 (US$M)
Related Markets
North America recycled pet flakes market highlights
- The North America recycled pet flakes market generated a revenue of USD 2,945.3 million in 2023.
- The market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, clear was the largest revenue generating product in 2023.
- Clear is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,945.3 million |
| Market revenue in 2030 | USD 6,043.3 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Clear |
| Fastest growing segment | Clear |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clear, Colored |
| Key market players worldwide | Indorama Ventures PCL ADR, Biffa, Tomra Systems ASA, Verdeco Recycling, Polyquest, Veolia, Pashupati Cotspin, AlEn USA |
Other key industry trends
- In terms of revenue, North America region accounted for 29.0% of the global recycled pet flakes market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 2,911.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Recycled PET Flakes Market Scope
Recycled PET Flakes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America recycled pet flakes 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 recycled pet flakes market will help companies and investors design strategic landscapes.
Clear was the largest segment with a revenue share of 84.22% in 2023. Horizon Databook has segmented the North America recycled pet flakes market based on clear, colored covering the revenue growth of each sub-segment from 2018 to 2030.
The development of the consumer goods and textiles industries in North America is driving the growth of recycled polyethylene terephthalate (rPET) flakes market in the region. Various government initiatives for recycling plastics, coupled with high investments, have resulted in the growth of the market in the region.
Despite significant investments, most post-consumer PET bottles are majorly exported to Southeast Asian countries for recycling and then reimported to the respective countries in North America in the form of new bottles produced from recycled polyethylene terephthalate (rPET) flakes.
According to the World Economic Forum, the COVID-19 pandemic has made managing and recycling of plastic waste highly complex as the demand for single-use personal protective equipment has increased across the world. The mismanagement of infectious plastic waste is posing a major challenge to plastic recycling.
Reasons to subscribe to North America recycled pet flakes market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America recycled pet flakes market databook
-
Our clientele includes a mix of recycled pet flakes market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America recycled pet flakes market , including forecasts for subscribers. This continent databook contains high-level insights into North America recycled pet flakes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America recycled pet flakes market size, by country, 2018-2030 (US$M)
North America Recycled PET Flakes Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
