Global PCR Packaging Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global PCR Packaging Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material (PET, PE, PVC, PP, PS, and Others), Product (Bottles, Trays, Pouches, and Other Product Types), End-user Verticals (Food, Beverage, Healthcare, Cosmetics, Industrial, and Other End user verticals), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global PCR Packaging Market was valued at USD 27,595.3 million in 2023 and is expected to reach USD 48,487.9 million by 2031 while growing at a CAGR of 7.3% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global PCR Packaging market growth. Post-consumer resin (PCR) offers an eco-friendly packaging choice embraced by manufacturers to align with recycling initiatives, meet consumer demands, and minimize landfill impact. These PCR plastics are recycled materials sourced from existing PET bottles and other plastic sources.
Rising environmental awareness and corporate sustainability efforts fuel growth in the PCR packaging market, yet hurdles such as quality concerns and supply chain limitations could hinder its expansion.
Furthermore, the global PCR Packaging industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Analysis
The Global PCR Packaging Market is segmented among PET, PE, PVC, PP, PS, and Others, based on Material. In 2023, PET accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Product Analysis
The Global PCR Packaging Market is segmented among Bottles, Trays, Pouches, and Other Product Types, based on Material. In 2023, Bottles accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global PCR Packaging Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Berry Global, Amcor plc, ePac Holdings, LLC, Mondi plc, Transcontinental Inc., IDEALPAK, Sonoco Product Company, Genpak LLC, Aloha Packaging Holdings Inc., ALPLA Group, and INDEVCO.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global PCR Packaging Market Dynamics
Drivers
Restraints
Opportunity
4. Global PCR Packaging Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global PCR Packaging Market Segmentation, By Material
Global PCR Packaging Market Share Analysis, By Material
Global PCR Packaging Market Growth Analysis, By Material
Global PCR Packaging Market Trends, By Material
o PET
o PE
o PVC
o PP
o PS
o Others
6. Global PCR Packaging Market Segmentation, By Product
Global PCR Packaging Market Share Analysis, By Product
Global PCR Packaging Market Growth Analysis, By Product
Global PCR Packaging Market Trends, By Product
o Bottles
o Trays
o Pouches
o Other Product Types
7. Global PCR Packaging Market Segmentation, By End-user Verticals
Global PCR Packaging Market Share Analysis, By End-user Verticals
Global PCR Packaging Market Growth Analysis, By End-user Verticals
Global PCR Packaging Market Trends, By End-user Verticals
o Food
o Beverages
o Healthcare
o Cosmetics
o Industrial
o Other End user verticals
8. Global PCR Packaging Market Segmentation, By Region
Global PCR Packaging Market Share Analysis, By Region
Global PCR Packaging Market Growth Analysis, By Region
Global PCR Packaging Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Berry Global*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Amcor plc
ePac Holdings, LLC
Mondi plc
Transcontinental Inc.
IDEALPAK
Sonoco Product Company
Genpak LLC
Aloha Packaging Holdings Inc.
ALPLA Group
INDEVCO
*Similar analysis will be provided for each company listed above.
