India Recycled Plastics Market Growth, Demand and Challenges of the Key Industry Players 2023-28
                     India Recycled Plastics 
Market Research and 
Forecast Report 2023-
2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Acco r d ing  t o  t h e  l a t es t  r epo r t  by  I M A RC G r o up ,  t i t l ed  " I nd i a  Re cyc l ed  P l as t i cs  
M ar ke t :  I nd ust ry  T r ends ,  Sha re ,  S i ze ,  G row t h ,  O ppo r t un i t y  a nd  For ecas t  202 3 -
2028 , "  t he  I nd i a  r ecy c led  p las t i c s  m ar k e t  s i z e  r e ached  US$  3 , 78 4  M i l l i o n  i n  202 2 .
Recy c led  p l as t i c s  in c lude  m a t e r i a l s  de r i ved  f r om  t he  p r o cess  o f  r ecy c l i ng  p la s t i c  
was t e ,  w h i ch  i nv o l ves  co l l ec t i ng  u sed  p las t i c  p r odu c t s  a nd  conv e r t i n g  t hem  in t o  
Report new,  usa b le  f o r m s .  P la s t i c  r ecy c l i ng  t r i es  t o  a l l ev ia t e  t hes e  env i r onm en t a l  i s sues  by  
l ower ing  t he  ne ed  f o r  v i r g in  p las t i c  and  m in im iz ing  t h e  de t r im en t a l  e f f ec t s  on  
Highlight and eco sys t e m s .  T he  co l l ec t i on  a nd  c lass i f i ca t i o n  o f  p las t i c  ga r bage  ac co r d ing  t o  i t s  k i nd  an d  con t en t  i s  t h e  f i r s t  s t e p  i n  t h e  r ecyc l i ng  p r oce ss ,  wh i ch  cons is t s  o f  
num er ou s  s t e ps .  
Description Af t e r  be in g  se pa r a t ed ,  t he  p las t i c  t r ash  i s  c l eane d  a nd  des t r oy ed  t o  ge t  r i d  o f  
po l l u t an t s  l i ke  d i r t ,  l abe l s ,  a nd  adh es i ve s .  The  m e l t ed  p l as t i c  i s  t hen  use d  t o  c r e a t e  
l i t t l e  pe l l e t s  o r  f l akes  t h a t  a r e  k nown  as  nu r d l es .  The se  nee d les  co m p le t e  t he  
r ecy c l i ng  p r oce ss  b y  se r v ing  as  t h e  r a w  m a t e r i a l  t o  p r odu ce  n ew p l as t i c  goods .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / ind ia - r ecy c led - p las t i c s - m ar ke t / r eq ues t sam p le
Report Description
I n d i a  R e c y c l e d  P l a s t i c s  M a r k e t  T r e n d s :
T h e  e s c a l a t i n g  e n v i r o n m e n t a l  c o n s c i o u s n e s s  a m o n g  t h e  m a s s e s  m a j o r l y  d r i v e s  t h e  m a r k e t  i n  I n d i a .  T h i s  c a n  b e  s u p p o r t e d  b y  t h e  
g r o w i n g  a w a r e n e s s  a b o u t  t h e  e n v i r o n m e n t a l  i m p a c t  o f  p l a s t i c  w a s t e s .  A l o n g  w i t h  t h i s ,  t h e  w i d e s p r e a d  a d o p t i o n  o f  r e c y c l e d  p l a s t i c s  
a c r o s s  v a r i o u s  i n d u s t r i e s ,  i n c l u d i n g  p a c k a g i n g ,  a u t o m o t i v e ,  c o n s t r u c t i o n ,  a n d  c o n s u m e r  g o o d s ,  i s  s i g n i f i c a n t l y  s u p p o r t i n g  t h e  m a r k e t .  
F o r  i n s t a n c e ,  t h e  a u t o m o t i v e  s e c t o r  i s  u t i l i z i n g  r e c y c l e d  p l a s t i c s  f o r  i n t e r i o r  c o m p o n e n t s ,  w h i l e  t h e  c o n s t r u c t i o n  i n d u s t r y  i s  
i n c o r p o r a t i n g  r e c y c l e d  p l a s t i c s  i n  b u i l d i n g  m a t e r i a l s ,  t h e r e b y  p r o p e l l i n g  t h e  m a r k e t .  I n  a d d i t i o n ,  g o v e r n m e n t s  o f  n u m e r o u s  c o u n t r i e s  a r e  
i m p l e m e n t i n g  s t r i n g e n t  r e g u l a t i o n s  a n d  p o l i c i e s  t o  t a c k l e  p l a s t i c  w a s t e  a n d  p r o m o t e  t h e  u s e  o f  r e c y c l e d  p l a s t i c s ,  s u c h  a s  s i n g l e - u s e  
p l a s t i c s ,  b y  e x t e n d e d  p r o d u c e r  r e s p o n s i b i l i t y  ( E P R )  p r o g r a m s  a n d  p r o v i d i n g  i n c e n t i v e s  f o r  c o m p a n i e s  t o  u s e  r e c y c l e d  m a t e r i a l s .  A p a r t  
f r o m  t h i s ,  t h e  i n c r e a s i n g  c o l l a b o r a t i o n s  a n d  p a r t n e r s h i p s  a m o n g  s t a k e h o l d e r s  a c r o s s  t h e  v a l u e  c h a i n ,  i n c l u d i n g  r e c y c l e r s ,  
m a n u f a c t u r e r s ,  r e t a i l e r s ,  a n d  c o n s u m e r s  t o  d e v e l o p  e f f i c i e n t  c o l l e c t i o n  a n d  r e c y c l i n g  s y s t e m s ,  a r e  a l s o  i m p a c t i n g  t h e  m a r k e t .  
F u r t h e r m o r e ,  c o n t i n u a l  a d v a n c e m e n t s  i n  r e c y c l i n g  s o r t i n g ,  c l e a n i n g ,  a n d  p r o c e s s i n g  t e c h n i q u e s  t o  p r o d u c e  h i g h - q u a l i t y  r e c y c l e d  
p l a s t i c s  t h a t  c a n  b e  u s e d  i n  a  w i d e  r a n g e  o f  a p p l i c a t i o n s  a r e  c r e a t i n g  a  p o s i t i v e  m a r k e t  o u t l o o k .  S o m e  o f  t h e  o t h e r  f a c t o r s  d r i v i n g  t h e  
m a r k e t  i n c l u d e  v o l a t i l e  r a w  m a t e r i a l  p r i c e s  a n d  c h a n g i n g  c o n s u m e r  p r e f e r e n c e s .
L o o k i n g  f o r w a r d ,  t h e  m a r k e t  i s  a n t i c i p a t e d  t o  r e a c h  a  v a l u e  o f  U S $  5 , 2 7 7  M i l l i o n  b y  2 0 2 8 ,  e x h i b i t i n g  a  g r o w t h  r a t e  ( C A G R )  o f  
5 . 6 %  d u r i n g  2 0 2 3 - 2 0 2 8 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / i n d i a - r e c y c l e d - p l a s t i c s - m a r k e t
Breakup by Plastic Type:
• Polyethylene Terephthalate (PET)
• High Density Polyethylene (HDPE)
• Polypropylene (PP)
• Low Density Polyethylene (LDPE)
• Others
Report 
Segmentation Breakup by Raw Material:
• Plast ic  Bott les
• Plast ic  Fi lms
• Rigid  Plast ic  and Foam
• Fibres
• Others
Breakup by Application:
• Non-Food Contact Packaging
• Food Contact Packaging
• Construct ion
• Automotive
Report • Others
Segmentation
Breakup by Region:
• North India
• West and Central  India
• South India
• East India
What was the size of the India recycled plastics 
market in 2022?
What is the expected growth rate of the India 
recycled plastics market during 2023-2028?
What are the key factors driving the India recycled 
Key plastics market?
Questions What has been the impact of COVID-19 on the India 
recycled plastics market?
Answered in 
What is the breakup of the India recycled plastics 
the Report market based on the plastic type?
What is the breakup of the India recycled plastics 
market based on the raw material?
What is the breakup of the India recycled plastics 
market based on the application?
What are the key regions in the India recycled 
plastics market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     I n d i a  R e c y c l e d  P l a s t i c s  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P l a s t i c  T y p e
    6 . 1     P o l y e t h y l e n e  T e r e p h t h a l a t e  ( P E T )
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     H i g h  D e n s i t y  P o l y e t h y l e n e  ( H D P E )
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     P o l y p r o p y l e n e  ( P P )
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
      6 . 4       Lo w  Dens i t y  Po l ye t hy l ene  ( LDP E )
            6 . 4 . 1  Ma rke t  Tren ds
            6 . 4 . 2  Ma rke t  Fo rec a s t
      6 . 5      O t he r s
            6 . 5 . 1  Ma rke t  Tren ds
            6 . 5 . 2  Ma rke t  Fo rec a s t
7    Market  Breakup by  Raw Mater ia l
      7 . 1       P l a s t i c  Bo t t l e s
            7 . 1 . 1  Ma rke t  Tren ds
            7 . 1 . 2  Ma rke t  Fo rec a s t
      7 . 2       P l a s t i c  Fi l m s
Table of             7 . 2 . 1  Ma rke t  Tren ds            7 . 2 . 2  Ma rke t  Fo rec a s t
      7 . 3       R i g i d  P l a s t i c  a nd  Fo a m
            7 . 3 . 1  Ma rke t  Tren ds
Contents             7 . 3 . 2  Ma rke t  Fo rec a s t
      7 . 4       Fi b res
            7 . 4 . 1  Ma rke t  Tren ds
            7 . 4 . 2  Ma rke t  Fo rec a s t
      7 . 5      O t he r s
            7 . 5 . 1  Ma rke t  Tren ds
            7 . 5 . 2  Ma rke t  Fo rec a s t
8    Market  Breakup by  App l i ca t ion
      8 . 1      N o n -Foo d  Co n ta c t  Pa c ka g i ng
            8 . 1 . 1  Ma rke t  Tren ds
            8 . 1 . 2  Ma rke t  Fo rec a s t
      8 . 2       Fo o d  Co nt a c t  Pa c ka g i ng
            8 . 2 . 1  Ma rke t  Tren ds
            8 . 2 . 2  Ma rke t  Fo rec a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m / i n d i a - rec yc l ed -p l a s t i c s -ma rke t / t
o c
Disclaimer
© 2023  IMARC Al l  R ights  Reserved 
Th is  Pub l i ca t ion  and  a l l  i t ’ s  con ten ts  un less  o therw ise  men t i oned  a re  copy r i gh ted  in  the  name o f  
I n t e rna t i ona l  Marke t  Ana lys i s  Research  and  Consu l t ing  ( IMARC) .  No  pa r t  o f  t h i s  pub l i ca t ion  may  be  
rep roduced ,  repackaged ,  red i s t r i bu ted  o r  res o ld  i n  who le  o r  i n  any  pa r t .  The  pub l i ca t ion  may  a l so  
no t  be  used  i n  any  f o rm o r  by  and means  g raph i c  e lec t ron ic  o r  mechan ic a l ,  i nc lud ing  pho tocopy ing ,  
reco rd ing ,  t ap ing  o r  by  i n fo rmat i on  s to rage  o r  re t r ieva l ,  o r  by  any  o the r  f o rm,  w i t hou t  the  exp ress  
c ons en t  o f  I n t e rna t iona l  Marke t  Ana lys i s  Research  and  Consu l t i ng  ( IMARC) .
Disc la imer :  Al l  con ten ts  and  da ta  o f  t h i s  pub l i c a t i on ,  i nc lud ing  fo recas t s ,  da ta  ana lys i s  and  op in ion  
have  been  based  on  in f o rmat ion  and  sources  be l ieved  to  be  accu ra te  and  re l iab le  a t  t he  t ime  o f  
pub l i sh ing .  In t e rna t i ona l  Ma rke t  Ana l ys is  Research  and  Consu l t ing  makes  no  rep resen ta t ion  o f  
war ran t y  o f  any  k ind  as  to  t he  acc u racy  o r  comp le teness  o f  any  I n fo rmat i on  p rov ided .  IMARC 
accep ts  no  l i ab i l i t y  wha tsoever  f o r  any  los s  o r  damage  resu l t i ng  f rom op in ion ,  e r ro rs  o r  
i naccu rac ies  i f  any  f ound  th is  pub l i ca t ion .
IMARC,  IMARC Group  and  G loba l  Therapy  I ns igh t  Ser i es  a re  reg is t e red  t rademarks  o f  I n te rna t iona l  
Marke t  Ana lys i s  Research  and  Consu l t ing .  A l l  o the r  t rademarks  used  i n  th i s  pub l i ca t i on  a re  
reg i s te red  t rademarks  o f  t he i r  r espec t i ve  compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
TELEPHONE: +1-631-791-1145 
E-MAIL: [email protected]