Indonesia Recycled Plastics Market Size & Outlook
Indonesia recycled plastics market, 2018-2030 (US$M)
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Indonesia recycled plastics market highlights
- The Indonesia recycled plastics market generated a revenue of USD 351.8 million in 2023 and is expected to reach USD 589.9 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, polypropylene was the largest revenue generating product in 2023.
- Polyethylene Terephthalate is the most lucrative product segment registering the fastest growth during the forecast period.
Recycled plastics market data book summary
| Market revenue in 2023 | USD 351.8 million |
| Market revenue in 2030 | USD 589.9 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene |
| Fastest growing segment | Polyethylene Terephthalate |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Polyethylene Terephthalate, Polypropylene, Polyvinyl Chloride, Polystyrene |
| Key market players worldwide | Rethmann AG & Co. KG, Biffa, Stericycle Inc, Republic Services Inc, Waste Management Inc, Veolia Environnement SA, Shell PLC, Waste Connections Inc, Clean Harbors Inc, Covestro AG |
Other key industry trends
- In terms of revenue, Indonesia accounted for 0.7% of the global recycled plastics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China recycled plastics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,335.5 million by 2030.
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Recycled Plastics Market Scope
Recycled Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Indonesia recycled plastics 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 plastics market will help companies and investors design strategic landscapes.
Polypropylene was the largest segment with a revenue share of 30.36% in 2023. Horizon Databook has segmented the Indonesia recycled plastics market based on polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2018 to 2030.
Stringent regulations for recycling plastics in China, the country which once contributed to the maximum share of plastics recycled in the world, are compelling the manufacturers of recycled plastics to shift their facilities to Indonesia, thereby contributing to the increased production and consumption in the country.
In addition, with the growing purchasing power and disposable income in the country, automotive, building & construction, and packaging industries are anticipated to drive the demand for recycled plastics over the forecast period due to the capabilities of plastic to replace the conventional metal and wooden parts in automobiles.
The development of residential, industrial, commercial, and public infrastructure such as Tanjung Priok harbor in North Jakarta and Mass Rapid Transit (MRT) project in Jakarta with an investment of USD 1.7 billion is further aiding the growth of recycled plastics market in the country.
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Our clientele includes a mix of recycled plastics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia recycled plastics market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia recycled plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia recycled plastics market size, by product, 2018-2030 (US$M)
Indonesia Recycled Plastics Market Outlook Share, 2023 & 2030 (US$M)
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