The global recycled polyethylene terephthalate (rPET) market is on a significant growth path as industries adopt greener practices and governments tighten environmental regulations. According to DataM Intelligence, the market, valued at US$10.5 billion in 2023, is projected to reach US$17.4 billion by 2031, expanding at a CAGR of 6.5% from 2024 to 2031.

Key Market Drivers

  • Regulatory push: Nations worldwide are enforcing recycling targets to curb plastic waste.

  • Corporate adoption: Major consumer brands are scaling up the use of rPET in packaging and textiles.

  • Technological progress: Breakthroughs in chemical recycling are producing premium-grade rPET for sensitive applications.

  • Eco-friendly choices: Consumers are increasingly favoring sustainable and recyclable packaging.

Challenges Impacting Growth

  • Price difference between recycled PET and virgin PET.

  • Supply inconsistencies affecting the availability of raw materials.

  • Regulatory fragmentation across regions slowing cross-border trade.

Regional Insights

  • Asia-Pacific is the largest market, supported by strong recycling investments and policy frameworks.

  • Europe continues to lead with strict environmental directives and advanced recycling systems.

  • North America is gaining momentum, driven by corporate sustainability pledges.

Recent Developments (2025)

  • The market expanded to US$11.74 billion in 2025, reinforcing positive momentum.

  • Multiple new recycling facilities launched in 2025 strengthened food-grade rPET supply.

  • Logistical inefficiencies in 2025 highlighted the need for more localized recycling operations.

Market Outlook

With industries, governments, and consumers aligned on sustainability goals, rPET is set to play a critical role in the global shift toward a circular economy. Expanding applications in packaging, apparel, and consumer goods will sustain market growth through the next decade.

About DataM Intelligence
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