Product Code: GVR-4-68038-198-6
Plastic Waste Management Market Growth & Trends:
The global plastic waste management market size is anticipated to reach USD 46.84 billion by 2030 and is anticipated to expand at a CAGR of 3.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing significant growth, driven by increasing awareness about the environmental impact of plastic waste and the adoption of sustainable waste management practices. Governments worldwide are implementing stringent regulations to curb plastic pollution, which is compelling industries to adopt eco-friendly packaging and recycling practices.
The market is witnessing a shift towards recycling and the circular economy as key strategies to manage plastic waste effectively. Innovations in recycling technologies, such as chemical recycling, are gaining traction, offering new opportunities for the recovery of high-quality plastic materials from waste. This trend is expected to reduce reliance on virgin plastics, promoting the use of recycled plastics across various industries.
In addition, plastic production and consumption have been growing significantly across the globe, fueled by its affordability, versatility, and durability. This factor is directly impacting the demand for plastic waste management services. As plastic is used majorly in packaging and consumer goods, the resultant waste poses significant environmental challenges, including pollution and harm to marine life. These aforementioned factors are anticipated to drive the demand for the market over the forecast period.
Additionally, governments are enacting strict measures aimed at minimizing plastic consumption while encouraging recycling and reuse practices. These measures include prohibiting single-use plastics, offering rewards for recycling efforts, and setting ambitious targets for reducing plastic waste. Such initiatives are fueling the expansion of the plastic waste management market. Moreover, many countries have introduced bans on the manufacture, sale, and use of single-use plastic items such as plastic bags, straws, cups, and cutlery.
The EU, for instance, has banned single-use plastic cutlery, plates, straws, and stirrers. For instance, according to the World Economic Forum by 2030, the European Union (EU) is committed to decreasing plastic pollution by prohibiting single-use plastics. This move is a component of a wider strategy aimed at enhancing the sustainability of packaging throughout the EU. Additionally, some countries have introduced taxes on plastic packaging that do not meet a minimum threshold of recycled content. The UK, for example, has introduced a Plastic Packaging Tax on plastic packaging with less than 30% recycled content.
Plastic Waste Management Market Report Highlights:
- The landfill segment dominated the service segment with a 44.7% share in 2024, it provides a final disposal solution for non-recyclable plastics, helping to minimize environmental pollution and manage waste efficiently.
- The recycling segment is anticipated to witness the highest CAGR of 5.2% over the forecast period, as it transforms waste into valuable resources, significantly reducing environmental pollution, conserving resources, and minimizing landfill dependency.
- Polypropylene, being one of the most versatile and widely used plastics, finds applications in various sectors including packaging, automotive parts, textiles, and medical devices, among others. This widespread use raises concerns about its impact on the environment, particularly regarding waste management practices and the increasing demand for more sustainable solutions.
- The surge in plastic bag usage has led to a dramatic increase in pollution, severely impacting marine life and clogging waterways. This environmental crisis underscores the urgent need for effective waste management and the adoption of sustainable alternatives.
- Asia Pacific dominated the plastic waste management market, due to rising population, growing industrialization, and increased plastic consumption and production. The plastic waste management is further propelled by inadequate waste management and plastic recycling infrastructure in the region.
- In January 2024, Shell Chemicals and Braskem are joining forces to boost the circular content in Braskem's polypropylene manufacturing, aiming for broader value chain improvements. This initiative will see the production of circular polypropylene utilizing ISCC PLUS-certified feedstock, adhering to a mass balance methodology. Braskem's clientele, particularly within the packaging and automotive industries, will benefit from this initiative.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Plastic Waste Management Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Plastic Waste Management Market: Service Estimates & Trend Analysis
- 4.1. Plastic Waste Management Market Service: Key Takeaways
- 4.2. Service Movement Analysis & Market Share, 2024 & 2030
- 4.3. Plastic Waste Management Market Estimates & Forecast, By Service, 2018 to 2030 (USD Million)
- 4.3.1. Collection
- 4.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 4.3.2. Recycling
- 4.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 4.3.3. Incineration
- 4.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 4.3.4. Landfills
- 4.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 5. Plastic Waste Management Market: Polymer Type Estimates & Trend Analysis
- 5.1. Plastic Waste Market Polymer Type: Key Takeaways
- 5.2. Polymer Type Movement Analysis & Market Share, 2024 & 2030
- 5.3. Plastic Waste Management Market Estimates & Forecast, By Polymer Type, 2018 to 2030 (USD Million)
- 5.3.1. Polypropylene (PP)
- 5.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.2. Low-density polyethylene (LDPE)
- 5.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.3. High-density polyethylene (HDPE)
- 5.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.4. Polyvinyl chloride (PVC)
- 5.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.5. Polyurethane (PUR)
- 5.3.5.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.6. Terephthalate (PET)
- 5.3.6.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.7. Polystyrene
- 5.3.7.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 5.3.8. Other Polymer
- 5.3.8.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 6. Plastic Waste Management Market: Source Estimates & Trend Analysis
- 6.1. Plastic Waste Market Source: Key Takeaways
- 6.2. Source Movement Analysis & Market Share, 2024 & 2030
- 6.3. Plastic Waste Management Market Estimates & Forecast, By Source, 2018 to 2030 (USD Million)
- 6.3.1. Plastic Bags
- 6.3.1.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.2. Plastic Bottles
- 6.3.2.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.3. Plastic Containers & Cutlery
- 6.3.3.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.4. Wrappers
- 6.3.4.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.5. Plastic Caps & Closures
- 6.3.5.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.6. Industrial Packaging
- 6.3.6.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
- 6.3.7. Other Source
- 6.3.7.1. Market Estimates & Forecasts, 2018 to 2030 (USD Million)
Chapter 7. Plastic Waste Management Market: Regional Estimates & Trend Analysis
- 7.1. Plastic Waste Management Market: Regional Outlook
- 7.2. Regional Marketplaces: Key Takeaways
- 7.3. Plastic Waste Management Market Estimates & Forecast, By Region, 2018 to 2030 (USD Million)
- 7.4. North America
- 7.4.1. North America Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.2. U.S.
- 7.4.2.1. Key country dynamics
- 7.4.2.2. U.S. Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.3. Canada
- 7.4.3.1. Key country dynamics
- 7.4.3.2. Canada Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.4.4. Mexico
- 7.4.4.1. Key country dynamics
- 7.4.4.2. Mexico Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5. Europe
- 7.5.1. Europe Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.2. Germany
- 7.5.2.1. Key country dynamics
- 7.5.2.2. Germany Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.3. France
- 7.5.3.1. Key country dynamics
- 7.5.3.2. France Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.4. Italy
- 7.5.4.1. Key country dynamics
- 7.5.4.2. Italy Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.5. Spain
- 7.5.5.1. Key country dynamics
- 7.5.5.2. Spain Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.5.6. U.K.
- 7.5.6.1. Key country dynamics
- 7.5.6.2. U.K. Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6. Asia Pacific
- 7.6.1. Asia Pacific Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.2. China
- 7.6.2.1. Key country dynamics
- 7.6.2.2. China Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.3. India
- 7.6.3.1. Key country dynamics
- 7.6.3.2. India Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.4. Japan
- 7.6.4.1. Key country dynamics
- 7.6.4.2. Japan Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.5. South Korea
- 7.6.5.1. Key country dynamics
- 7.6.5.2. South Korea Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.6.6. Australia
- 7.6.6.1. Key country dynamics
- 7.6.6.2. Australia Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.7. Central & South America
- 7.7.1. Central & South America Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.7.2. Brazil
- 7.7.2.1. Key country dynamics
- 7.7.2.2. Brazil Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.7.3. Argentina
- 7.7.3.1. Key country dynamics
- 7.7.3.2. Argentina Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.8. Middle East & Africa
- 7.8.1. Middle East & Africa Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.8.2. UAE
- 7.8.2.1. Key country dynamics
- 7.8.2.2. UAE Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
- 7.8.3. Saudi Arabia
- 7.8.3.1. Key country dynamics
- 7.8.3.2. Saudi Arabia Plastic Waste Management market estimates & forecast, 2018 - 2030 (USD Million)
Chapter 8. Plastic Waste Management Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Share, 2024
- 8.4. Company Heat Map/ Positioning Analysis
- 8.5. Strategy Mapping
- 8.6. Company Profiles
- 8.6.1. Veolia Environments S.A.
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. SUEZ Environments Company
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Waste Management, Inc.
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. Republic Services Inc.
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. Waste Connections Inc
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Clean Harbors, Inc.
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Biffa PLC
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Covanta Holding Corporation
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Stericycle, Inc.
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives
- 8.6.10. Remondis SE & Co. KG
- 8.6.10.1. Company Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Strategic Initiatives
- 8.6.11. ADS Waste Holdings, Inc.
- 8.6.11.1. Company Overview
- 8.6.11.2. Financial Performance
- 8.6.11.3. Product Benchmarking
- 8.6.11.4. Strategic Initiatives
- 8.6.12. Hawkvale Limited
- 8.6.12.1. Company Overview
- 8.6.12.2. Financial Performance
- 8.6.12.3. Product Benchmarking
- 8.6.12.4. Strategic Initiatives
- 8.6.13. Hahn Plastics Limited
- 8.6.13.1. Company Overview
- 8.6.13.2. Financial Performance
- 8.6.13.3. Product Benchmarking
- 8.6.13.4. Strategic Initiatives
- 8.6.14. Progressive Waste Solutions Ltd.
- 8.6.14.1. Company Overview
- 8.6.14.2. Financial Performance
- 8.6.14.3. Product Benchmarking
- 8.6.14.4. Strategic Initiatives
- 8.6.15. United Plastic Recycling, Inc.
- 8.6.15.1. Company Overview
- 8.6.15.2. Financial Performance
- 8.6.15.3. Product Benchmarking
- 8.6.15.4. Strategic Initiatives