Market Forecast By Processing Type (Mechanical, Chemical, Biological), By End Use (Packaging, Building & Construction, Automotive, Electronics, Furniture, Others), By Polymer Type (PP, LDPE, HDPE, PVC, PUR, PS, PET, PC), By Service (Collection & Transportation, Recycling, Incineration, Landfill) And Competitive Landscape
Product Code: ETC4506544 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Mexico Post-Consumer Recycled Plastics Market |
Forecast period | 2025-2031 |
CAGR | 5.4% |
Growing Sector | Packaging |
Mexico Post-Consumer Recycled Plastics Market report thoroughly covers the market By Processing Type, By Polymer Type, By Service, and By End Use. 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.
Mexico post-consumer recycled plastics market is a critical component of the country's efforts towards sustainable waste management and circular economy initiatives. This market focuses on the collection, processing, and repurposing of used plastic products, diverting them from landfills and reducing the environmental impact of plastic waste. Key trends include the increasing adoption of recycled plastics in various industries, the development of advanced recycling technologies, and the growing consumer awareness about the importance of recycling.
According to 6Wresearch, Mexico Post-Consumer Recycled Plastics Market size is expected to grow at a significant CAGR of 5.4% during the forecast period 2025-2031. The growth of the Mexico post-consumer recycled plastics market is driven by several factors, including stringent environmental regulations, rising consumer demand for sustainable products, and the need for resource conservation. Additionally, the cost-effectiveness of recycled plastics compared to virgin materials, coupled with technological advancements in recycling processes, has contributed to the market's expansion. The increasing commitment of businesses to corporate social responsibility and sustainability goals has also fueled the demand for recycled plastics.
The Mexico post-consumer recycled plastics market faces challenges related to the lack of adequate infrastructure for effective waste collection and sorting systems, particularly in rural areas. Limited consumer awareness about the importance of recycling and proper waste disposal practices can hinder the supply of recyclable plastics which could lead to major decline in the Mexico Post-Consumer Recycled Plastics Market Growth. Furthermore, the market may face technological limitations in processing certain types of plastics or contaminated materials, as well as the need for significant investments in advanced recycling facilities.
Key players in the Mexico post-consumer recycled plastics Industry include Grupo Alpla, Envaplasa, Grupo Prodesa, and Grupo Phoenix. These companies have established themselves as leaders in the collection, processing, and distribution of recycled plastics, leveraging their expertise, infrastructure, and commitment to sustainability.
The Mexican government has implemented several initiatives to support the growth of the post-consumer recycled plastics market, such as the National Program for the Prevention and Integral Management of Waste (PNPGIR) and the General Law for the Prevention and Integral Management of Waste (LGPGIR). These initiatives aim to promote sustainable waste management practices, encourage recycling, and establish guidelines for the proper handling and treatment of plastic waste.
The future outlook for the post-consumer recycled plastics market in Mexico is promising, driven by the increasing global emphasis on sustainability and the circular economy. The market is expected to witness further growth due to the implementation of stricter environmental regulations, the development of advanced recycling technologies, and the growing consumer demand for eco-friendly products. However, challenges such as infrastructure gaps, limited consumer awareness, and technological limitations may need to be addressed to unlock the full potential of this market.
According to Ravi Bhandari, Research Manager, 6Wresearch, The Mechanical segment is witnessing significant growth in the Mexico post-consumer recycled plastics market. Mechanical recycling involves processes such as shredding, melting, and remolding plastic waste into new products or materials. This method is widely adopted due to its cost-effectiveness, simplicity, and ability to handle a wide range of plastic types. As the demand for recycled plastics continues to rise across various industries, mechanical recycling offers a reliable and efficient solution to meet the growing market needs.
The Packaging segment is experiencing notable growth in the Mexico post-consumer recycled plastics market. The use of recycled plastics in packaging applications has gained momentum due to the increasing emphasis on sustainability and the circular economy. Recycled plastics offer a cost-effective and eco-friendly alternative to virgin plastics in the production of bottles, containers, and other packaging materials. The growing consumer preference for sustainable products, coupled with the efforts of businesses to reduce their environmental footprint, has driven the demand for recycled plastics in the packaging industry.
The PET (Polyethylene Terephthalate) segment is witnessing substantial growth in the Mexico post-consumer recycled plastics market. PET is widely used in the production of beverage bottles, food containers, and other packaging materials. The high recyclability of PET, along with the increasing collection and processing capabilities, has led to a surge in the availability of recycled PET. The demand for recycled PET is driven by its versatility, durability, and the growing consumer preference for sustainable packaging solutions across various industries.
The Recycling segment is experiencing significant growth in the Mexico post-consumer recycled plastics market. As the demand for recycled plastics continues to rise, the need for efficient recycling services has become paramount. Recycling services involve the processing of collected plastic waste through various methods, such as mechanical, chemical, or biological recycling, to convert it into new materials or products. The growth in this segment is driven by the increasing emphasis on sustainable waste management practices, the implementation of stricter environmental regulations, and the growing commitment of businesses to adopt circular economy principles.
The report offers a comprehensive study of the following 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 Mexico Post-consumer Recycled Plastics Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Post-consumer Recycled Plastics Market - Industry Life Cycle |
3.4 Mexico Post-consumer Recycled Plastics Market - Porter's Five Forces |
3.5 Mexico Post-consumer Recycled Plastics Market Revenues & Volume Share, By Processing Type, 2021 & 2031F |
3.6 Mexico Post-consumer Recycled Plastics Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Mexico Post-consumer Recycled Plastics Market Revenues & Volume Share, By Polymer Type, 2021 & 2031F |
3.8 Mexico Post-consumer Recycled Plastics Market Revenues & Volume Share, By Service, 2021 & 2031F |
4 Mexico Post-consumer Recycled Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Post-consumer Recycled Plastics Market Trends |
6 Mexico Post-consumer Recycled Plastics Market, By Types |
6.1 Mexico Post-consumer Recycled Plastics Market, By Processing Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Processing Type, 2021 - 2031F |
6.1.3 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Mechanical, 2021 - 2031F |
6.1.4 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Chemical, 2021 - 2031F |
6.1.5 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Biological, 2021 - 2031F |
6.2 Mexico Post-consumer Recycled Plastics Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Building & Construction, 2021 - 2031F |
6.2.4 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.5 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.2.6 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Furniture, 2021 - 2031F |
6.2.7 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Mexico Post-consumer Recycled Plastics Market, By Polymer Type |
6.3.1 Overview and Analysis |
6.3.2 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By PP, 2021 - 2031F |
6.3.3 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By LDPE, 2021 - 2031F |
6.3.4 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By HDPE, 2021 - 2031F |
6.3.5 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By PVC, 2021 - 2031F |
6.3.6 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By PUR, 2021 - 2031F |
6.3.7 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By PS, 2021 - 2031F |
6.3.8 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By PC, 2021 - 2031F |
6.3.9 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By PC, 2021 - 2031F |
6.4 Mexico Post-consumer Recycled Plastics Market, By Service |
6.4.1 Overview and Analysis |
6.4.2 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Collection & Transportation, 2021 - 2031F |
6.4.3 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Recycling, 2021 - 2031F |
6.4.4 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Incineration, 2021 - 2031F |
6.4.5 Mexico Post-consumer Recycled Plastics Market Revenues & Volume, By Landfill , 2021 - 2031F |
7 Mexico Post-consumer Recycled Plastics Market Import-Export Trade Statistics |
7.1 Mexico Post-consumer Recycled Plastics Market Export to Major Countries |
7.2 Mexico Post-consumer Recycled Plastics Market Imports from Major Countries |
8 Mexico Post-consumer Recycled Plastics Market Key Performance Indicators |
9 Mexico Post-consumer Recycled Plastics Market - Opportunity Assessment |
9.1 Mexico Post-consumer Recycled Plastics Market Opportunity Assessment, By Processing Type, 2021 & 2031F |
9.2 Mexico Post-consumer Recycled Plastics Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Mexico Post-consumer Recycled Plastics Market Opportunity Assessment, By Polymer Type, 2021 & 2031F |
9.4 Mexico Post-consumer Recycled Plastics Market Opportunity Assessment, By Service, 2021 & 2031F |
10 Mexico Post-consumer Recycled Plastics Market - Competitive Landscape |
10.1 Mexico Post-consumer Recycled Plastics Market Revenue Share, By Companies, 2024 |
10.2 Mexico Post-consumer Recycled Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |