North America 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 North America Recycled Polyethylene Terephthalate (PET) market size is valued at USD x million in 2023 and is poised to grow at a CAGR of x% during the forecast period 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. This 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. This report gives comprehensive outlook on Recycled Polyethylene Terephthalate (PET) across the globe with special emphasis on key countries such as U.S and Canada. This report 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, the 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).