Product Code: GVR-4-68040-015-9
Recycled PET Flakes Market Growth & Trends:
The global recycled PET flakes market size is expected to reach USD 29.42 billion by 2033, registering CAGR of 11.38% from 2025 to 2033, according to a new report by Grand View Research, Inc. Recycled PET flakes exhibit numerous superior characteristics such as quick drying, heat retention, stretching resistance, softness, wrinkle resistance, high stiffness, and improved tensile and flexural strength. These characteristics promote their demand in the textiles and carpet industries, and expected to drive demand during the forecast period.
High demand for sheets & films developed from recycled polyethylene terephthalate flakes in Europe is expected to contribute to the growth of sheets & films segment of the market during the forecast period. The dominance of shopping malls over brick-and-mortar stores and the stringent implementation of regulations have driven the growth of recycled PET flakes market as sellers of fruits and vegetables sell their products in packets, boxes, or containers.
Additionally, the government initiatives toward a sustainable and clean environment creating more demand for the sustainable rPET flakes products. In the past decade, Europe has focused increasingly on recycled plastics owing to the introduction of a circular economy for plastics by the European Union. The implementation of the circular economy by the countries such as Germany, Italy, France, the UK, and Spain is anticipated to strengthen their plastic recycling capacity and augment the production of recycled PET flakes.
Recycled PET flakes exhibit numerous superior characteristics such as quick drying, heat retention, stretching resistance, softness, wrinkle resistance, high stiffness, and improved tensile and flexural strength. These characteristics promote their demand in the textiles and carpet industries. In addition, these flakes possess an enhanced surface and flow finish. The better dimensional stability and uniform shrinkage offered by the recycled PET flakes than their substitutes also fuel growth of the market, worldwide.
Recycled PET Flakes Market Report Highlights:
- Clear rPET flakes dominated the application segment in the market and accounted for more than 76.18% of the total market share, in terms of revenue, in 2024.
- Non-food bottles & containers dominated the global recycled PET flakes industry and accounted for more than 28.23% of the total market share, in terms of revenue, in 2024.
- Asia Pacific dominated the rPET flakes market in 2024 and accounted for 30.37% of the overall market revenue share.
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 Types & 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 Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Recycled PET Flakes Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Profit Margin Analysis of Key Value Chain Participants
- 3.3.2. Raw Material Trends
- 3.3.3. Raw Material Price Analysis
- 3.4. Technology Overview
- 3.4.1. Commercial Production Technology
- 3.4.2. Roadmap of Technology Advancement, 2021 to 2030
- 3.5. Sustainability Trends
- 3.5.1. Recycling and Circular Economy
- 3.6. Average Price Trend Analysis, 2021 to 2030 (USD/kg)
- 3.6.1. Key Factors Influencing Pricing
- 3.6.2. Supply Demand Gap Analysis
- 3.7. Regulatory Framework
- 3.7.1. Policies and Incentive Plans
- 3.7.2. Standards and Compliances
- 3.7.3. Regulatory Impact Analysis
- 3.8. Market Dynamics
- 3.8.1. Market Driver Analysis
- 3.8.2. Market Restraint Analysis
- 3.8.3. Industry Challenges
- 3.9. Porter's Five Forces Analysis
- 3.9.1. Supplier Power
- 3.9.2. Buyer Power
- 3.9.3. Substitution Threat
- 3.9.4. Threat from New Entrants
- 3.9.5. Competitive Rivalry
- 3.10. PESTEL Analysis
- 3.10.1. Political Landscape
- 3.10.2. Economic Landscape
- 3.10.3. Social Landscape
- 3.10.4. Technological Landscape
- 3.10.5. Environmental Landscape
- 3.10.6. Legal Landscape
Chapter 4. Recycled PET Flakes Market: Product Outlook Estimates & Forecasts
- 4.1. Recycled PET Flakes Market: Product Movement Analysis, 2024 & 2033
- 4.1.1. Clear
- 4.1.1.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 4.1.2. Colored
- 4.1.2.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
Chapter 5. Recycled PET Flakes Market: End Use Outlook Estimates & Forecasts
- 5.1. Recycled PET Flakes Market: End Use Movement Analysis, 2024 & 2033
- 5.1.1. Fiber
- 5.1.1.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.2. Sheet & Film
- 5.1.2.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.3. Strapping
- 5.1.3.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.4. Food & beverage bottles & containers
- 5.1.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.5. Non-food bottles & containers
- 5.1.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 5.1.6. Other end uses
- 5.1.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
Chapter 6. Recycled PET Flakes Market Regional Outlook Estimates & Forecasts
- 6.1. Regional Snapshot
- 6.2. Recycled PET Flakes Market: Regional Movement Analysis, 2024 & 2033
- 6.3. North America
- 6.3.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4. U.S.
- 6.3.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5. Canada
- 6.3.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6. Mexico
- 6.3.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4. Europe
- 6.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4. UK
- 6.4.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5. Germany
- 6.4.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6. France
- 6.4.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.7. Italy
- 6.4.7.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.7.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.7.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5. Asia Pacific
- 6.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4. China
- 6.5.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.5. India
- 6.5.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.5.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.5.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.6. Japan
- 6.5.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.6.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.6.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.6. Latin America
- 6.6.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4. Brazil
- 6.6.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5. Argentina
- 6.6.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.7. Middle East & Africa
- 6.7.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.4. GCC Countries
- 6.7.4.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.4.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.4.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.5. South Africa
- 6.7.5.1. Market estimates and forecast, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.5.2. Market estimates and forecast, by product, 2021 - 2033 (USD Million) (Kilotons)
- 6.7.5.3. Market estimates and forecast, by end use, 2021 - 2033 (USD Million) (Kilotons)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Vendor Landscape
- 7.2.1. Company categorization
- 7.2.2. List of Key Distributors and channel Partners
- 7.2.3. List of Potential Customers/End Users
- 7.3. Competitive Dynamics
- 7.3.1. Company Market Share Analysis & Market Positioning
- 7.3.2. Competitive Benchmarking
- 7.3.3. Strategy Mapping
- 7.3.4. Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. Participant's overview
- 7.4.2. Financial performance
- 7.4.3. Product benchmarking
- 7.4.3.1. Clear Path Recycling LLC
- 7.4.3.2. Verdeco Recycling
- 7.4.3.3. Indorama Ventures Public Ltd.
- 7.4.3.4. PolyQuest
- 7.4.3.5. Evergreen Plastics, Inc.
- 7.4.3.6. Biffa
- 7.4.3.7. GSM Plastic Industries
- 7.4.3.8. RCS Entsorgung GmbH
- 7.4.3.9. TOMRA System ASA
- 7.4.3.10. Polyvim LLC
- 7.4.3.11. Veolia Umweltservice GmbH
- 7.4.3.12. AMAANI POLYFLAKES
- 7.4.3.13. Pashupati Polytex Pvt. Ltd.
- 7.4.3.14. AlEn USA
- 7.4.3.15. RAHSAM Co.
- 7.4.3.16. LANGGENG JAYA GROUP