Recycled packaging is made from materials that were previously recycled from other objects, such as plastic bottles, aluminium cans or cardboard boxes. A product made from recycled materials is not automatically recyclable.
Let's have a look of the market size and forecasts of Recycled Materials Packaging in global, including the following market information:
The global Recycled Materials Packaging market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Plastic Recycled Materials Packaging Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Recycled Materials Packaging include Amcor Ltd., Be Green Packaging LLC, Berkley International Packaging, Biopac UK Ltd, Evergreen Packaging LLC, International Paper, Kruger Inc., Mondi Group and Ranpak Corp, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Recycled Materials Packaging manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Global Recycled Materials Packaging Market Segment Percentages, by Application, 2021 (%)
FMCG
Hospital
Manufacturing
Agriculture
Others