Europe Recycled Polyethylene Terephthalate (PET) Market: By Product (Colored and Clear), By End User (Non-Food Containers and Bottles, Strapping, Fiber, Sheet and Film, Food & Beverage Containers and Bottles and others), and Country

The Europe Recycled Polyethylene Terephthalate (PET) market size was valued at US$ XX Mn in 2023 and poised to grow at significant CAGR from 2024-2030. The key factors that are responsible for the market growth include huge R&D investments, increasing awareness among general populace about plastic wastage and changing end-user perception towards sustainable sourcing of bottling materials. In addition, ban on landfills introduced in several developed countries in Europe is anticipated to drive the rPET market over the forecast period. The market is surging owing to frequent acquisitions and launchings by the market players. For Instance, the companies are actively involved in the collection, processing of used plastics, and production of new rPET products and even distribution of the same. Market players are focusing towards provision of greater quality products to retain customer loyalty, since low switching costs and product differentiation have reduced supplier power in recent years. The market report gives comprehensive outlook on Recycled Polyethylene Terephthalate (PET) across the globe with special emphasis on key countries such as Germany, France, U.K, Italy, Spain, Russia, Poland and Rest of Europe.

The report on the market gives historical, current, and future market sizes (US$ Mn) on the basis of Product, End User and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Europe Recycled Polyethylene Terephthalate (PET) market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in Europe Recycled Polyethylene Terephthalate (PET) products.