by Corinne Gangloff
November 9, 2021
The outlook for recycled plastic in packaging relies heavily on several key factors, most importantly:
Trends in these areas are reliant on changing consumer preferences and on governmental and community action, which can be unpredictable and volatile.
To forecast the outlook for recycled plastic in packaging, we forecast recycled plastic demand and collection/processing separately and then compared the results, in all cases looking for a supply and demand balance.
Demand for recycled plastic resins in packaging is forecast to grow over 9% annually through 2025. Despite this rapid expansion, the use of recycled plastic in packaging will be restrained by supply side issues that limit the amount of recycled plastic available. Gains will be fueled by:
These trends and more are in the new Recycled Plastics in Packaging study from The Freedonia Group.
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