The global PCR plastic packaging market was valued at USD 17.4 billion in 2023, growing at a CAGR of 10.2% from 2024 to 2033 and expected to reach USD 45.9 billion by 2033. In packaging, PCR (Post-Consumer Recycled) plastic packaging is becoming increasingly well-known as a sustainable option. Using recycling programmes, this strategy gathers consumer-generated waste plastic and transforms it into new packaging materials.
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