Next Move Strategy Consulting
Bioplastic Recycling Market Report: Trends, Insights, and Forecast for 2030
Bioplastic Recycling Market Report: Trends, Insights, and Forecast for 2030
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The global Bioplastic Recycling Market is projected to reach USD 22.77 billion by 2030, with a CAGR of 12.4% from 2025 to 2030.
Growth is driven by increasing consumer demand for sustainable packaging, supportive government regulations promoting a circular economy, and the need for specialized bioplastic recycling systems. Europe leads in innovation, with initiatives like the EU-funded MOEBIOUS project addressing recycling challenges and the ReBioCycle project developing new recycling and upcycling solutions.
Key players, including NatureWorks LLC, TotalEnergies Corbion, and SK Chemicals, are implementing innovative strategies to enhance market share and meet sustainability demands.
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