재활용 PET 플레이크 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 제품별(투명, 착색), 최종 용도별(섬유, 시트&필름, 식품 및 음료, 보틀&용기, 기타), 지역별, 경쟁별(2020-2030년)

Recycled PET Flakes Market was valued at USD 13.04 Billion in 2024 and is expected to reach USD 19.27 billion by 2030 with a CAGR of 6.90%.

The global recycled PET (polyethylene terephthalate) flakes market is experiencing robust growth, driven by heightened environmental awareness and the increasing demand for sustainable materials across industries such as packaging, textiles, and automotive. Recycled PET flakes, produced by shredding and cleaning post-consumer PET bottles and containers, are highly versatile and cost-effective, making them a preferred choice for manufacturing bottles, fibers, sheets, and strapping. The market is propelled by the global shift toward circular economy principles, with industries prioritizing recyclable materials to reduce plastic waste and carbon footprints. The food and beverage packaging sector is a significant contributor, as companies adopt recycled PET flakes to meet consumer demand for eco-friendly products.

Government initiatives and regulations promoting recycling and sustainability are key growth enablers. For instance, the European Union's Circular Economy Action Plan encourages higher recycling rates for plastic packaging, boosting the adoption of recycled PET flakes. The Asia-Pacific region dominates the market, driven by high industrial output and PET bottle collection systems in countries like China and India. North America and Europe also play significant roles, supported by advanced recycling infrastructure and corporate sustainability commitments. Despite challenges such as inconsistent raw material quality and high processing costs, the market is bolstered by innovations in recycling technologies and increasing consumer preference for sustainable products. The forecast period of 2020-2030F is expected to see sustained growth as industries align with global sustainability goals and leverage recycled PET flakes for diverse applications.

Key Market Drivers

Rising Demand for Sustainable Packaging Solutions

The global push for sustainable packaging solutions is a primary driver of the recycled PET flakes market, particularly in the food and beverage sector. Recycled PET flakes are widely used to produce bottles, containers, and trays, offering environmental benefits and cost savings compared to virgin PET. The increasing consumer preference for eco-friendly products has prompted major companies to commit to higher recycled content in their packaging. For example, leading beverage companies have pledged to incorporate significant recycled PET content in their bottles, aligning with global sustainability goals. This trend is supported by regulations such as the European Union's Single-Use Plastics Directive, which mandates increased recycling rates for plastic packaging.

The growth of e-commerce and retail sectors has further amplified demand for sustainable packaging, as brands seek to reduce their carbon footprints while maintaining product integrity. The global packaged food market is expanding rapidly, particularly in Asia-Pacific, where urbanization and rising disposable incomes drive demand for eco-friendly packaging. Recycled PET flakes offer advantages like transparency, strength, and recyclability, making them ideal for food-grade applications. Manufacturers are investing in advanced recycling technologies to ensure high-quality flakes that meet stringent safety standards, further propelling market growth. This demand for sustainable packaging is expected to continue driving the recycled PET flakes market throughout the forecast period.

Key Market Challenges

Inconsistent Raw Material Quality

The recycled PET flakes market faces challenges due to the inconsistent quality of post-consumer PET raw materials. Variations in the composition, contamination levels, and color of collected PET bottles can affect the quality of recycled flakes, limiting their suitability for high-value applications like food-grade packaging. Contaminants such as labels, adhesives, and non-PET plastics require advanced sorting and cleaning processes, which increase production costs and complexity.

The lack of standardized collection systems in many regions, particularly in developing economies, exacerbates this issue, leading to supply chain inefficiencies. Manufacturers must invest in sophisticated cleaning and sorting technologies to ensure consistent flake quality, which can strain profit margins, especially for smaller players. Addressing this challenge requires improvements in waste management infrastructure, consumer education on proper recycling practices, and technological advancements to enhance raw material processing.

Key Market Trends

Growing Use in Textile Applications

The recycled PET flakes market is witnessing a growing trend toward their use in textile applications, driven by the demand for sustainable fabrics in the fashion and home furnishing industries. Recycled PET flakes are processed into polyester fibers and yarns, used to manufacture apparel, carpets, and upholstery. This trend is fueled by consumer preference for eco-friendly products and corporate commitments to sustainability, with brands increasingly incorporating recycled PET fibers into their products.

The Asia-Pacific region, a hub for textile manufacturing, is leading this trend, with countries like China and India expanding their production of recycled PET fibers. Manufacturers are investing in advanced spinning technologies to improve the quality and performance of these fibers, ensuring they meet industry standards. This trend is expected to drive market growth as the textile industry continues to prioritize sustainability.

Key Market Players

• PolyQuest, Inc.
• Polyvim LLC
• Gravita India Ltd.
• JB Ecotex Limited
• Plastipak Industries Inc.
• Clear Path Recycling LLC.
• Indorama Ventures Public Company Limited.
• Verdeco Recycling Inc.
• Loop Industries, Inc.
• EvergreenTogether

Report Scope:

In this report, global Recycled PET Flakes market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Recycled PET Flakes Market, By Product:

• Clear
• Colored

Recycled PET Flakes Market, By End Use:

• Fiber
• Sheet & Film
• Food & Beverage
• Bottles & Containers
• Others

Recycled PET Flakes Market, By Region:

• North America
• United States
• Mexico
• Canada
• Europe
• France
• Germany
• United Kingdom
• Spain
• Italy
• Sweden
• Asia-Pacific
• China
• India
• South Korea
• Japan
• Singapore
• South America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the global Recycled PET Flakes market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Disruptions: Conflicts, Pandemics, and Trade Barriers

5. Global Recycled PET Flakes Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value & Volume
• 5.2. Market Share & Forecast
  • 5.2.1. By Product (Clear, Colored),
  • 5.2.2. By End Use (Fiber, Sheet & Film, Food & Beverage Bottles & Containers, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2024)
• 5.3. Market Map
  • 5.3.1. By Product
  • 5.3.2. By End Use
  • 5.3.3. By Region

6. North America Recycled PET Flakes Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value & Volume
• 6.2. Market Share & Forecast
  • 6.2.1. By Product
  • 6.2.2. By End Use
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Recycled PET Flakes Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value & Volume
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Product
      • 6.3.1.2.2. By End Use
  • 6.3.2. Mexico Recycled PET Flakes Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value & Volume
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Product
      • 6.3.2.2.2. By End Use
  • 6.3.3. Canada Recycled PET Flakes Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value & Volume
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Product
      • 6.3.3.2.2. By End Use

7. Europe Recycled PET Flakes Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value & Volume
• 7.2. Market Share & Forecast
  • 7.2.1. By Product
  • 7.2.2. By End Use
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. France Recycled PET Flakes Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value & Volume
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Product
      • 7.3.1.2.2. By End Use
  • 7.3.2. Germany Recycled PET Flakes Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value & Volume
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Product
      • 7.3.2.2.2. By End Use
  • 7.3.3. United Kingdom Recycled PET Flakes Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value & Volume
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Product
      • 7.3.3.2.2. By End Use
  • 7.3.4. Spain Recycled PET Flakes Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value & Volume
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Product
      • 7.3.4.2.2. By End Use
  • 7.3.5. Italy Recycled PET Flakes Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value & Volume
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Product
      • 7.3.5.2.2. By End Use

8. Asia-Pacific Recycled PET Flakes Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value & Volume
• 8.2. Market Share & Forecast
  • 8.2.1. By Product
  • 8.2.2. By End Use
  • 8.2.3. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Recycled PET Flakes Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value & Volume
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Product
      • 8.3.1.2.2. By End Use
  • 8.3.2. India Recycled PET Flakes Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value & Volume
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Product
      • 8.3.2.2.2. By End Use
  • 8.3.3. South Korea Recycled PET Flakes Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value & Volume
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Product
      • 8.3.3.2.2. By End Use
  • 8.3.4. Japan Recycled PET Flakes Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value & Volume
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Product
      • 8.3.4.2.2. By End Use
  • 8.3.5. Singapore Recycled PET Flakes Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value & Volume
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Product
      • 8.3.5.2.2. By End Use

9. South America Recycled PET Flakes Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value & Volume
• 9.2. Market Share & Forecast
  • 9.2.1. By Product
  • 9.2.2. By End Use
  • 9.2.3. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Recycled PET Flakes Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value & Volume
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Product
      • 9.3.1.2.2. By End Use
  • 9.3.2. Argentina Recycled PET Flakes Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value & Volume
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Product
      • 9.3.2.2.2. By End Use

10. Middle East and Africa Recycled PET Flakes Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value & Volume
• 10.2. Market Share & Forecast
  • 10.2.1. By Product
  • 10.2.2. By End Use
  • 10.2.3. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Recycled PET Flakes Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value & Volume
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Product
      • 10.3.1.2.2. By End Use
  • 10.3.2. Saudi Arabia Recycled PET Flakes Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value & Volume
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Product
      • 10.3.2.2.2. By End Use
  • 10.3.3. UAE Recycled PET Flakes Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value & Volume
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Product
      • 10.3.3.2.2. By End Use

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Product Launches
• 12.2. Mergers & Acquisitions
• 12.3. Technological Advancements

13. Global Recycled PET Flakes Market: SWOT Analysis

14. Pricing Analysis

15. Porter's Five Forces Analysis

• 15.1. Competition in the Industry
• 15.2. Potential of New Entrants
• 15.3. Power of Suppliers
• 15.4. Power of Customers
• 15.5. Threat of Substitute Products

16. Competitive Landscape

• 16.1. PolyQuest, Inc.
  • 16.1.1. Business Overview
  • 16.1.2. Company Snapshot
  • 16.1.3. Products & Services
  • 16.1.4. Financials (In Case of Listed Companies)
  • 16.1.5. Recent Developments
  • 16.1.6. SWOT Analysis
• 16.2. Polyvim LLC
• 16.3. Gravita India Ltd.
• 16.4. JB Ecotex Limited
• 16.5. Plastipak Industries Inc.
• 16.6. Clear Path Recycling LLC.
• 16.7. Indorama Ventures Public Company Limited.
• 16.8. Verdeco Recycling Inc.
• 16.9. Loop Industries, Inc.
• 16.10. EvergreenTogether

17. Strategic Recommendations

18. About Us & Disclaimer