Market Value & Growth Projections:
• Global Market Value (2024): US$ 250 Million
• Projected Market Value (2031): US$ 600 Million
• CAGR (2024-2029): 13.6%
Sustainability Push
Stringent Regulations
Others
By Type
By Application
Post-Consumer Recycled PP
Post-Industrial Recycled PP
By Region
Trays and Clamshells
Cups and Lids
Other Food Packaging Solutions
North America
Europe
Asia-Pacific
Middle East & Africa
North America holds a significant market share due to robust recycling infrastructure and regulatory backing.
Europe dominates the market, accounting for over 35% of the global share. The European Green Deal and strict packaging waste regulations have made food-grade recycling a priority.
The Asia-Pacific region is projected to witness the fastest growth, with increasing environmental regulations in countries like China, India, and Japan.