Market Forecast By Plastic Type (Polyethylene Terephthalate (Pet), High Density Polyethylene (Hdpe), Polypropylene (Pp), Low Density Polyethylene (Ldpe), Others), By Application (Non-food Contact Packaging, Food Contact Packaging, Construction, Automotive, Others), By Raw Material (Plastic Bottles, Plastic Films, Rigid Plastic And Foam, Fibres, Others) And Competitive Landscape
Product Code: ETC356255 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 4 |
Report Name | Australia Recycled Plastics Market |
Forecast period | 2025-2031 |
CAGR | 8.2% |
Growing Sector | Packaging |
Australia Recycled Plastics Market report thoroughly covers the market by plastic type, application, and raw material. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Recycled Plastics Market has seen substantial growth over the past few years, driven by a heightened awareness among consumers and businesses about the environmental impact of single-use plastics. Government policies and regulations aimed at reducing waste and promoting recycling initiatives have further bolstered the market. Key segments include PET, HDPE, and LDPE, with applications ranging from packaging, construction, automotive to textile industries. The growth is also fueled by technological advancements in recycling processes, making it more efficient and cost-effective. This shift towards sustainability represents a significant opportunity for both local and international businesses looking to invest in Australia's green economy.
According to 6Wresearch, the Australia Recycled Plastics Market size is expected to reach a significant CAGR of 8.2% during the forecast period from 2025-2031. One of the major drivers for the growth of the market is the government's support through regulations and initiatives. The Australian Packaging Covenant aims to reduce the environmental impact of packaging waste by promoting sustainable packaging practices. This has led to an increase in demand for recycled plastics as companies urge to meet the covenant's targets. Another driver is the rising concern among consumers about environmental issues. With increasing awareness about the harmful impact of single-use plastics on the environment, there has been a shift in consumer preferences towards more sustainable and eco-friendly alternatives.
However, despite growth and demand in the market, there are some challenges faced by the Australia Recycled Plastics market that hinder the growth of the market. One of the main challenges is the lack of proper infrastructure for recycling and collection of plastic waste. The high cost associated with collecting, sorting, and processing plastic waste for recycling can act as a barrier to the growth of the market. The lack of standardization in the recycled plastics market can also hinder Australia Recycled Plastics Market Growth.
Some of the key players in the Australia Recycled Plastics industry include names such as Visy Industries, Cleanaway, Plastic Forests, Astron Sustainability, and Replas. As the demand is increasing, these key players are innovating and investing in their products to meet the demand of the consumers with their changing preferences.
The government has taken several initiatives to boost the Recycled Plastics market in Australia. One of the initiatives is the National Waste Policy, which focuses on reducing waste, increasing recycling rates, and promoting sustainable consumption. The National Waste Action Plan (NWAP) to tackle plastic pollution specifically, aims to phase out single-use plastics. It also includes initiatives to improve waste management infrastructure, increase recycling rates, and promote sustainable packaging alternatives. In addition to national initiatives, many state governments in Australia have also implemented their strategies to address plastic waste.
The Australia Recycled Plastics Market is witnessing significant growth in the future driven by the increasing government initiatives towards sustainable waste management and rising awareness about plastic pollution among consumers. As consumers become more environmentally conscious, it is essential for businesses to invest in recycling and incorporate recycled plastics into their operations to stay competitive in the market. With the support of government and continuous innovation, the market is expected to rise in the coming years.
According to Ravi Bhandari, Research Manager, 6Wresearch, the PET segment dominated this industry. The segment will grow in the coming years as it is commonly used in the packaging industry, particularly for bottles and containers. It is a strong and lightweight material with good barrier properties against moisture and gases. These properties make it ideal for storing food and beverages.
In the Application, the Packaging dominated this industry. These segments will grow in the coming years due to the increasing demand for eco-friendly packaging materials, recycled plastics are being widely adopted by companies across various sectors such as food and beverage, personal care, and household products.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Recycled Plastics Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Recycled Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Recycled Plastics Market - Industry Life Cycle |
3.4 Australia Recycled Plastics Market - Porter's Five Forces |
3.5 Australia Recycled Plastics Market Revenues & Volume Share, By Plastic Type, 2021 & 2031F |
3.6 Australia Recycled Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Recycled Plastics Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
4 Australia Recycled Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and emphasis on sustainability and environmental conservation practices. |
4.2.2 Government regulations promoting the use of recycled materials in various industries. |
4.2.3 Growing demand for recycled plastics from end-user industries such as packaging, automotive, and construction. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of virgin plastics affecting the competitiveness of recycled plastics. |
4.3.2 Limited infrastructure for collection, sorting, and processing of recyclable plastics. |
4.3.3 Lack of consumer awareness and willingness to pay a premium for products made from recycled plastics. |
5 Australia Recycled Plastics Market Trends |
6 Australia Recycled Plastics Market Segmentations |
6.1 Australia Recycled Plastics Market, By Plastic Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Recycled Plastics Market Revenues & Volume, By Polyethylene Terephthalate (Pet), 2021-2031F |
6.1.3 Australia Recycled Plastics Market Revenues & Volume, By High Density Polyethylene (Hdpe), 2021-2031F |
6.1.4 Australia Recycled Plastics Market Revenues & Volume, By Polypropylene (Pp), 2021-2031F |
6.1.5 Australia Recycled Plastics Market Revenues & Volume, By Low Density Polyethylene (Ldpe), 2021-2031F |
6.1.6 Australia Recycled Plastics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Recycled Plastics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Recycled Plastics Market Revenues & Volume, By Non-food Contact Packaging, 2021-2031F |
6.2.3 Australia Recycled Plastics Market Revenues & Volume, By Food Contact Packaging, 2021-2031F |
6.2.4 Australia Recycled Plastics Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Australia Recycled Plastics Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Australia Recycled Plastics Market Revenues & Volume, By Others, 2021-2031F |
6.3 Australia Recycled Plastics Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Australia Recycled Plastics Market Revenues & Volume, By Plastic Bottles, 2021-2031F |
6.3.3 Australia Recycled Plastics Market Revenues & Volume, By Plastic Films, 2021-2031F |
6.3.4 Australia Recycled Plastics Market Revenues & Volume, By Rigid Plastic And Foam, 2021-2031F |
6.3.5 Australia Recycled Plastics Market Revenues & Volume, By Fibres, 2021-2031F |
6.3.6 Australia Recycled Plastics Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Recycled Plastics Market Import-Export Trade Statistics |
7.1 Australia Recycled Plastics Market Export to Major Countries |
7.2 Australia Recycled Plastics Market Imports from Major Countries |
8 Australia Recycled Plastics Market Key Performance Indicators |
8.1 Percentage of recycled content in plastic products manufactured in Australia. |
8.2 Investment in recycling infrastructure and technology. |
8.3 Growth in demand for recycled plastics from key industries. |
8.4 Percentage of plastic waste recycled in Australia. |
8.5 Innovation in recycling processes and product development. |
9 Australia Recycled Plastics Market - Opportunity Assessment |
9.1 Australia Recycled Plastics Market Opportunity Assessment, By Plastic Type, 2021 & 2031F |
9.2 Australia Recycled Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Recycled Plastics Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
10 Australia Recycled Plastics Market - Competitive Landscape |
10.1 Australia Recycled Plastics Market Revenue Share, By Companies, 2024 |
10.2 Australia Recycled Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |