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Middle East & Africa Recycled Polyethylene Terephthalate Market: By Product, By End User, and By Region Forecast 2020-2031
Middle East and Africa Recycled Polyethylene Terephthalate (PET) Market size was valued at US$ x million in 2023 and is poised to grow at a CAGR of x% from 2024 - 2030. growth factors 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, increasing per capita income, coupled with rising FMCG industry, is helping the market flourish in the region. Middle East and Africa Recycled Polyethylene Terephthalate (PET) market is surging owing to frequent acquisitions and launchings by the market players. For Instance, the companies are actively involved in the collection, and processing of used plastics, and production of new PET products and even the distribution of the same. Market players are focusing towards the provision of greater quality products to retain customer loyalty since low switching costs and product differentiation have reduced supplier power in recent years. The Middle East and Africa Recycled Polyethylene Terephthalate (PET) Market report gives a comprehensive outlook on Recycled Polyethylene Terephthalate (PET) across the globe with special emphasis on key countries such as Gulf Cooperation Council (GCC) Countries, Israel, South Africa and Rest of MEA.
The report gives historical, current, and future market sizes (US$ Mn) based on Product, End User, and region. This report studies the Middle East and Africa Recycled Polyethylene Terephthalate (PET) market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the 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 report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged.
In recent times, consumers have become more conscious towards environmental sustainability, which has benefitted the growth of the market. In addition, ban on landfills introduced in several developed countries in North America and Europe is anticipated to drive the rPET market over the forecast period. In addition, increasing awareness among general populace about plastic wastage has prompted governments to take initiatives that are aimed at promoting plastic recycling, which in turn boosted polyethylene terephthalate recycling landscape. Furthermore, bottling companies across the Middle East & Africa are gradually adopting to recycled PET in order to establish sustainable material sourcing strategies.
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2023 is the base year and 2030 is the forecast year.
The Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Report data: (Gulf Cooperation Council (GCC) Countries Israel South Africa Rest of MEA)
The Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market key players are: Zhejiang Anshun Pettechs Fiber Co. Ltd (China) Verdeco Recycling (U.S) Polyquest (U.S) M & G Chemicals (Luxembourg) Indorama Ventures Public Ltd. (Thailand) Haiyan Haili Green Fiber Co., Ltd. (China) Evergreen Plastics (Ohio) Ecostar Plastics (Placon) (U.S)
1. Executive Summary |
2. Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Introduction |
Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Taxonomy |
Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Definitions |
Product |
End User |
3. Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Dynamics |
Drivers |
Restraints |
Opportunities/Unmet Needs of the Market |
Trends |
Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Dynamic Factors - Impact Analysis |
Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Competition Landscape |
4. Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) |
Market Opportunity Analysis |
5. Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market, By Product, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Colored |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Clear |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
6. Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Forecast, By End User, 2020 - 2024 and Forecast, 2025 - 2031 |
Non-Food Containers and Bottles |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Strapping |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Fiber |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Sheet and Film |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Food & Beverage Containers and Bottles |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Others |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
7. Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Forecast, By Country, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Gulf Cooperation Council (GCC) Countries |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Israel |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
South Africa |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Rest of Middle East & Africa |
Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
Market Opportunity Analysis |
Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market - Opportunity Analysis Index, By Product, End User and Country, 2024 - 2030 |
8. Gulf Cooperation Council (GCC) Countries Recycled Polyethylene Terephthalate (PET) Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
Colored |
Clear |
End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
Non-Food Containers and Bottles |
Strapping |
Fiber |
Sheet and Film |
Food & Beverage Containers and Bottles |
Others |
Gulf Cooperation Council (GCC) Countries Recycled Polyethylene Terephthalate (PET) Market - Opportunity Analysis Index, By Product, End User, and Country, 2024 - 2030 |
Gulf Cooperation Council (GCC) Countries Recycled Polyethylene Terephthalate (PET) Market Dynamics Trends |
9. Israel Recycled Polyethylene Terephthalate (PET) Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
Colored |
Clear |
End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
Non-Food Containers and Bottles |
Strapping |
Fiber |
Sheet and Film |
Food & Beverage Containers and Bottles |
Others |
Israel Recycled Polyethylene Terephthalate (PET) Market - Opportunity Analysis Index, By Product, End User and Country, 2024 - 2030 |
Israel Recycled Polyethylene Terephthalate (PET) Market Dynamics Trends |
10. South Africa Recycled Polyethylene Terephthalate (PET) Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
Colored |
Clear |
End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
Non-Food Containers and Bottles |
Strapping |
Fiber |
Sheet and Film |
Food & Beverage Containers and Bottles |
Others |
South Africa Recycled Polyethylene Terephthalate (PET) Market - Opportunity Analysis Index, By Product, End User and Country, 2024 - 2030 |
South Africa Recycled Polyethylene Terephthalate (PET) Market Dynamics Trends |
11. Rest of Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031 (Revenue, USD Mn), Volume (000 MT) |
Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
Colored |
Clear |
End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
Non-Food Containers and Bottles |
Strapping |
Fiber |
Sheet and Film |
Food & Beverage Containers and Bottles |
Others |
Rest of Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market - Opportunity Analysis Index, By Product, End User, Application, Resin Type, and Country, 2024 - 2030 |
Rest of Middle East & Africa Recycled Polyethylene Terephthalate (PET) Market Dynamics Trends |
12. Competition Landscape |
Strategic Dashboard of Top Market Players |
Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
Zhejiang Anshun Pettechs Fiber Co. Ltd (China) |
Verdeco Recycling (U.S) |
Polyquest (U.S) |
M & G Chemicals (Luxembourg) |
Indorama Ventures Public Ltd. (Thailand) |
Haiyan Haili Green Fiber Co., Ltd. (China) |
Evergreen Plastics (Ohio) |
Ecostar Plastics (Placon) (U.S) |
13. Research Methodology |
14. Key Assumptions and Acronyms |
Key Market Players