The Germany recycled plastics market is projected to exhibit a growth rate (CAGR) of 4.20% during 2024-2032. The market is expanding due to thriving e-commerce industry, online shopping trends, sustainability initiatives, increasing environmental concerns, and rising vehicle production.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Growth Rate (2024-2032) | 4.20% |
Thriving E-commerce Industry
According to the International Trade Administration report of 2023, Germany e-commerce penetration reached 80% in 2022. With the increase in online shopping, there is a corresponding rise in the demand for packaging materials, including plastics. Many products purchased online require protective packaging, such as bubble wrap, air pillows, and plastic envelopes. As e-commerce volumes is growing, so is the demand for packaging materials, including recycled plastics. In addition, the use of recycled plastics in packaging plays a part in lessening the impact on the environment that is caused by online retail. Large online stores, as well as other small businesses, are offering and adopting sustainable packaging to meet individual demands and regulatory requirements. Besides this, as people are becoming more environmentally conscious, they are choosing retailers and brands that prioritize sustainability. E-commerce companies are responding to this demand by adopting eco-friendly practices throughout their operations, including packaging. Offering products in packaging made from recycled plastics can appeal to environmentally conscious people, thereby driving the demand for recycled materials.
Rising Vehicle Production
As per the Germany Trade and Invest report 2023, German automobile manufacturers produced over 15.6 million vehicles in 2021. Modern cars use many plastics in their interior trims, including instrument cluster, door linings, glove compartment, and seating. As vehicle production is increasing, so is the demand for these plastic parts. Using recycled plastics in interior components allows automotive manufacturers to meet sustainability targets and reduce their environmental footprint. Furthermore, plastic is also used in the manufacturing of engine compartments in the vehicles, such as engine hoods, air intake systems, and covers among others. The production of these under-the-hood components increases with rising vehicle manufacturing volumes. Utilizing recycled plastics in these applications contributes to resource conservation and environmental sustainability. Automotive manufacturers and their supply chain partners are managing sustainability initiatives throughout the supply chains. Thus, using recycled plastics in the production of vehicles complies with these sustainability goals and enables automotive businesses to minimize their contributions to environmental degradation. Besides this, the rising demand for sustainable vehicles encourages automotive manufacturers to incorporate recycled materials into their products.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on plastic type, application, and raw material.
Plastic Type Insights:
The report has provided a detailed breakup and analysis of the market based on the plastic type. This includes polyethylene terephthalate (PET), high density polyethylene (HDPE), polypropylene (pp), low density polyethylene (LDPE), and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes non-food contact packaging, food contact packaging, construction, automotive, and others.
Raw Material Insights:
A detailed breakup and analysis of the market based on the raw material have also been provided in the report. This includes plastic bottles, plastic films, rigid plastic and foam, fibres, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Western Germany, Southern Germany, Eastern Germany, and Northern Germany.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | xx |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Plastic Types Covered | Polyethylene Terephthalate (PET), High Density Polyethylene (HDPE), Polypropylene (PP), Low Density Polyethylene (LDPE), Others |
Applications Covered | Non-Food Contact Packaging, Food Contact Packaging, Construction, Automotive, Others |
Raw Materials Covered | Plastic Bottles, Plastic Films, Rigid Plastic and Foam, Fibres, Others |
Regions Covered | Western Germany, Southern Germany, Eastern Germany, Northern Germany |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |