- By 2029, global consumption of food-grade post-consumer recycled (PCR) material will reach 6.69 million tonnes
- Asia will see the highest growth rate in consumption of food-grade PCR packaging at 8.7% CAGR
- Europe is the largest market for food-grade PCR packaging globally, consuming 3.6 million tonnes in 2029.
- What the biggest challenges are in the PCR for food contact industry
- Why food contact is such a big issue for PCR materials
- How the market can aim to mitigate these issues, and how PCR content producers can make the content food contact safe
- How regulations will affect this market – specifically the PPWR
- How the arrival of commercial-scale chemical (advanced) recycling will diversify the supply of PCR plastics.
- Regulations will put pressure on the industry due to requirements to meet recycling targets and increasing demands from brand owners for PCR materials. A sharp increase in PCR prices is expected (already 15%+ above virgin material prices) but should stabilise up to 2030.
- Food contact is the biggest growth market, but quality is the biggest concern. FMCG and household goods use a lot of PCR packaging. The cosmetics industry is also focusing on PCR but additional measures exist to make materials contact sensitive.
This report is based on extensive primary and secondary research. Primary research consisted of targeted interviews with material suppliers, converters and experts drawn from key markets. This was supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.
Who should buy the report
- Raw material suppliers
- Recycled material suppliers
- Recycled material converters
- Packaging manufacturers
Name The Future of PCR for Food-grade Applications to 2029
Date 12/23/2024
Price $6750.00
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