Japan Recycled Plastics Market Size & Outlook, 2023-2030
Japan recycled plastics market, 2018-2030 (US$M)
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Japan recycled plastics market highlights
- The Japan recycled plastics market generated a revenue of USD 2,906.2 million in 2023 and is expected to reach USD 5,309.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, polyethylene was the largest revenue generating product in 2023.
- Polypropylene 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 2,906.2 million |
| Market revenue in 2030 | USD 5,309.5 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene |
| Fastest growing segment | Polypropylene |
| 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, Japan accounted for 6.0% 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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Japan 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.
Polyethylene was the largest segment with a revenue share of 31.98% in 2023. Horizon Databook has segmented the Japan recycled plastics market based on polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2018 to 2030.
According to Plastic Waste Management Institute (PMMI), the country’s plastic recycling rate is 87%, the highest in Asia Pacific. The most common plastic waste generated in the country includes polyethylene, polypropylene, polystyrene, and polyvinyl chloride.
The country recycles 23% of the plastic waste through mechanical recycling, 4% through chemical recycling, and the rest through thermal recycling by burning the plastic to produce energy.
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Target buyers of Japan recycled plastics market databook
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Our clientele includes a mix of recycled plastics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 country-level data and insights on the Japan recycled plastics market , including forecasts for subscribers. This country databook contains high-level insights into Japan recycled plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan recycled plastics market size, by product, 2018-2030 (US$M)
Japan Recycled Plastics Market Outlook Share, 2023 & 2030 (US$M)
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