[pageLogInLogOut]

#Recycling / Circular Economy

Global plastic recycling market trajectory & analytics report 2020-2027

The "Plastic Recycling - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Plastic Usage Increases Amid the COVID-19 Outbreak. Recycling Slumps by -5.1%

In what is emerging to be a biggest blow to the environment, global plastic recycling is expected to slump by -5.1% in the year 2020 and will thereafter recover to grow and reach US$50.4 billion by the year 2027, trailing a post COVID-19 CAGR of 6.2% over the analysis period 2020 through 2027.

With the pandemic showing no signs of receding, single use plastic consumption is skyrocketing as the world tries to slow the spread of infections via disposables. Increased use of single-use plastic based medical, commercial, households, industrial & food disposables products is exacerbating the scourge of plastic pollution. Demand for polymers polypropylene, polyethylene, and PET in packaging of takeout food and in medical equipment (N-95 masks), in Tyvek protective suits, and in medical face shields and plastic water bottles (single use) respectively have surged due to the pandemic. There has also been an increase in hazardous waste from healthcare facilities, and plastic waste and municipal solid waste from households, with restaurants only offering take-out food and customers hoarding bottled water and groceries, and medical centers increasingly using personal protective equipment. The scenario is estimated to result in generation of staggering amount of plastic waste.

For instance, hospitals across Wuhan generated over 240 tons of the waste per day during the peak of COVID-19, which is notably higher than 40 tons per day during normal times. In addition, the US is estimated to produce a year's worth of the medical waste within two months. The situation is further compounded by exponential surge in production and disposal of masks and PPE along with increasing surge in home delivery of food.

Illegal plastic waste disposal has risen by 280% worldwide during the pandemic. While various countries have banned single-use plastic and implemented taxes for curbing consumption, COVID-19 is threatening to stall or even reverse the process. Disruption in waste collections, labor shortages amid social distancing challenges & lower focus on environment have impacted the recycling business. While the pandemic has raised consumption of plastic products, recycling rates have not grown in tandem with the increase in demand.

On the contrary, some programs have witnessed decline in collection rates, compared to pre-COVID-19 collection rates. In addition, many recyclers are not operating at full capacity due to social distancing norms, thereby affecting the plastic recycling activities. European countries, which boast of some of the most developed recycling programs in the world, have been witnessing reduction in collection of consumer generated plastic waste. For instance, plastic collection at deposit return scheme centers in Germany have been falling even though consumer purchases of plastic packaged products has increased.

In addition, uncertainties over cross order movement within the European Union affected the plastic recycling industry. Germany imports large quantities of plastic waste from countries such as France, Italy and the Netherlands; and also exports substantial amounts of recycled plastic to other countries within the European Union. The uncertainties over cross border movement affected both imports and exports, affecting the supply chain.

Majority of the recycling programs around the world are run by regional or local municipal authorities. As the COVID-19 pandemic has disrupted economic activity across the world, funding for recycling programs could be a low priority for municipal authorities as they grapple with lower revenues and cash conservation takes precedence over capital expenditures. The economic recession in 2008 and 2009 resulted in municipal authorities curtailing capital expenditures, and reached the pre-crisis levels after many years.

Similarly, the current economic situation is also leading to lower spending on plastic recycling infrastructure, leading to slower growth of the market in future. European countries are better positioned as government mandates for increasing recycling rates by 2025 provide the necessary legislative inducement to propel investment in infrastructure. Moreover, disruptions in waste management services and increasing volumes of waste ending in landfills across countries is expected to deteriorate the situation.

The scenario calls for proactive efforts by governments along with participants across the plastic value chain to reduce plastic waste. These endeavors are expected to support various sustainable development objectives intended to reduce waste generation through suitable approaches along with improper disposal of plastic waste.





Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 and a Looming Global Recession

• COVID-19 Causes Significant Disruption to Plastic Recycling

• Pandemic Set to Exacerbate Ocean Plastic Pollution Issue

• Traditional Waste Management Practices Find Favor Amidst the Crisis

• COVID-19 Brings About Significant Changes to Plastic Usage Trends

• Despite Challenges Presented by COVID-19, Plastic Recycling to be Back in Business

• Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP

• Plastic Recycling: An Introduction

• Methods to Recycle Plastics

• Plastic Recycling by Type

• Global Market Prospects & Outlook

• Concerns about Pollution Levels Fuel Growth for Plastic Recycling Market

• PET: The Major Category in Plastics Recycling Market

• Packaging Emerges as a High Growth End-Use Segment

• Developing Regions to Spearhead Growth in Plastics Recycling Market

• Competition

• World Brands

• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

• B&B Plastics Inc.

• CarbonLITE Industries LLC

• Consolidated Container Company

• Custom Polymers, Inc.

• Dart Container Corporation

• Envision Plastics

• Fresh Pak Corp.

• Kuusakoski Group Oy

• Kw Plastics

• MBA Polymers Inc.

• Novolex

• Plasgran Limited

• Plastipak Holdings, Inc.

• Wellpine Plastic Industrial Co., Ltd.

• WM Recycle America

3. MARKET TRENDS & DRIVERS

• Rising Importance of Plastics in Modern World & Increase in Plastic Production Volumes Contribute to Plastic Waste, Drives Need for Recycling

• Rising Concerns over Environmental Implications of Plastics Waste Disposal Turns Focus onto Plastics Recycling

• Growing Awareness about Energy Savings and Energy Recovery Attributes to Support Plastics Recycling Efforts

• Government Regulations & Efforts to Promote Use of Recycled Plastic Products Drives Market Growth

• As Packaging Industry Emerges as the Largest Producer of Plastic Waste, Recycling Becomes an Inevitable Option

• Automotive Industry: A Major Market for Recycled Plastics Faces Challenging Times Amidst the COVID-19 Pandemic

• Despite the COVID-19 Impact, Long-term Outlook for Plastic Recycling in Construction Industry Remains Promising

• Recycled Plastics Continue to Hold Significance for the Textile Industry

• With China Banning Imports of Scrap or Waste Plastics, Market Confronts Tough Times

• Advent of Innovative Systems Streamline Plastics Recycling Process

• Ongoing Technological Advancements in Plastic Recycling Market: A Brief Overview

• Plastic Recycling Market Faces Stiff Challenge as Manufacturers Incline Towards Virgin Plastics

• Oil Prices Impact Plastic Recycling Market

• Complications of Recycling Plastic: A Brief Review

• Difficulties in Raw Material Collection Affects Plastics Recycling Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 84

For more information about this report visit:

https://www.researchandmarkets.com/r/958w2v



More News from TEXDATA International

#Texprocess 2026

Texprocess 2026: Automation, digitalisation and AI redefine textile processing

Making investment decisions in textile processing has become significantly more demanding. Increasing energy costs, a shortage of skilled labour and ongoing geopolitical uncertainties are compelling companies to focus on technologies that deliver clear gains in efficiency and process reliability. This applies equally to apparel manufacturing and to the processing of technical textiles and high-performance materials. As a result, modernisation initiatives are assessed more carefully – even as the need to upgrade production systems continues to intensify.

#Techtextil 2026

Techtextil 2026: Between innovation pressure & market reality

From 21 to 24 April 2026, Techtextil in Frankfurt am Main will once again become the central meeting point for the international technical textiles and nonwovens industry. Running in parallel, Texprocess will focus on the industrial implementation of textile processing technologies as the leading platform in this field. Together, the two trade fairs form a closely integrated presentation and working platform along the entire textile value chain – from material development to finished applications.

#Techtextil 2026

Between geopolitical pressure and industrial resilience

In this interview, Dr. Janpeter Horn (VDMA) discusses the current challenges facing textile machinery manufacturers, shaped by geopolitical tensions, regulatory developments and subdued investment. He also outlines why innovation strength, integrated solutions and strategic positioning remain key to global competitiveness.

#Texprocess 2026

Between investment restraint and modernization pressure

Texprocess 2026 takes place in a complex market environment shaped by uncertainty and innovation pressure. In this interview, Elgar Straub (VDMA) explains why the trade fair is particularly relevant this year and which technologies are driving efficiency and competitiveness.

More News on Recycling / Circular Economy

#Recycled Fibers

Lindex and BASF partner to bring textile-­to­-textile recycled polyamide to lingerie sector

Lindex has partnered with BASF’s loopamid® to accelerate textile-­to-­textile recycling and advance the shift towards more circular material solutions in the fashion industry. Together they introduce loopamid to the lingerie sector.

#ITM 2026

BB Engineering unveils new, patented “Val-uePack” spin pack at ITM

At the upcoming ITM in Istanbul, taking place June 9–13 at the Tüyap Fair Convention and Congress Center in Hall 7, Booth 702B, BB Engineering will once again be represented at a joint booth with its parent company, Barmag, and its representative, Tekstil Servis. The German machine manufacturer will show-case its expertise in man-made fiber and recycling technology, presenting its entire product portfolio, which includes compo-nents such as extruders and filters, as well as complete sys-tems for spinning synthetic fibers, air-texturing, and PET recy-cling.

#Recycled Fibers

Syre expands partnership with Target to advance next-generation recycled materials at scale

Advancing next-generation materials to support scalable circular solutions across global retail Stockholm, May 2026 — Syre, the textile impact company hyperscaling textile-to-textile recycling today announced an expanded collaboration with Target to accelerate the adoption of next-generation recycled materials across retail at scale.

#Recycling / Circular Economy

Project REWEAR investigates diverse economies of rewear as a global practice of circularity

Every year, European households discard millions of tonnes of clothing. Around a quarter of what gets separately collected is exported, much of it classified as rewearable. A significant share ends up in markets like Kantamanto in Accra, Ghana, where an estimated 15 million garments arrive every week. New research published today reveals what happens when that clothing arrives.

Latest News

#Home Textiles

Intertextile Shanghai Home Textiles unveils Trends 2027 alongside new lifestyle zone and product expansion

Intertextile Shanghai Home Textiles – Autumn Edition 2026 will spotlight forward-looking design directions and evolving consumer demand, as the global home and lifestyle market continues to adapt to sustainability priorities, emotional well-being, and diversified living spaces. Taking place from 18 – 20 August 2026 at the National Exhibition and Convention Center (Shanghai), the fair will present its latest trend theme, ‘BREATHE UP!’, developed in collaboration with leading international trend forecaster NellyRodi™ Agency, alongside expanded product categories, and the debut of the Home Textiles Lifestyle Zone.

#ITM 2026

Groz-Beckert brings new knitting, weaving and nonwovens technologies to ITM 2026

From June 9 to 13, 2026, Groz-Beckert will present its latest innovations and solutions across the product areas of Knitting, Weaving and Nonwovens at ITM in Istanbul (Hall 3, Booth 304B).

#ITM 2026

Itema to showcase weaving excellence at ITM 2026

From June 9 to 13, Itema will exhibit at ITM 2026 in Istanbul (Hall 8 – Stand 806D), unveiling a distinctive exhibition concept designed to highlight the Company’s expertise across the entire weaving value chain. For this year’s edition, Itema will introduce an innovative stand experience built around two core areas: advanced weaving and spare parts solutions and an immersive textile gallery featuring fabrics produced by Itema Customers worldwide.

#Textiles & Apparel / Garment

Global size study for brands and retailers to optimize fit and market coverage

Hohenstein Apparel Fit Solutions, a global leader in apparel fit, sizing, and product development, today announces the launch of its Global Size Study, a new initiative designed to equip brands to better understand and serve their target consumers through more accurate, market-relevant sizing.

TOP