The recycled plastics market in the UK is expected to reach a projected revenue of US$ 2,193.5 million by 2033. A compound annual growth rate of 10.7% is expected of the UK recycled plastics market from 2026 to 2033.
Rethmann AG & Co. KG, Biffa, Stericycle Inc, Republic Services Inc, Waste Management Inc, Veolia Environnement SA, Shell PLC, Waste Connections Inc, Clean Harbors Inc, Covestro AG
Other key industry trends
In terms of revenue, UK accounted for 1.6% of the global recycled plastics market in 2025.
Country-wise, China is expected to lead the global market in terms of revenue in 2033.
In Europe, Germany recycled plastics market is projected to lead the regional market in terms of revenue in 2033.
France is the fastest growing regional market in Europe and is projected to reach USD 3,145.9 million by 2033.
The UK Government has taken steps towards creating a circular economy for plastics, with a specific focus on plastic packaging. This sector generates almost 70% of plastic waste in the UK, making it a key priority for the country's efforts to reduce waste.
The UK Research and Innovation (UKRI) has invested USD 25.8 million in order to ramp up the recycling capacity of the country. The investment has been done primarily in four companies engaged in plastic recycling, namely Veolia, ReNew ELP, Recycling Technologies, and Poseidon Plastics.
In addition, Eco Recycling Ltd, 99P Recycling, Rubber & Plastic Collection Services Limited, and Recycled UK Ltd are some other companies engaged in plastic recycling in the UK.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Recycled Plastics Market Outlook will help companies and investors design strategic landscapes.
Polyethylene was the largest segment with a revenue share of 36.36% in 2025.
Horizon Databook has segmented the U.K. recycled plastics market based on polyethylene, polyethylene terephthalate, polypropylene, polyvinyl chloride, polystyrene covering the revenue growth of each sub-segment from 2021 to 2033.
The UK Government has taken steps towards creating a circular economy for plastics, with a specific focus on plastic packaging. This sector generates almost 70% of plastic waste in the UK, making it a key priority for the country's efforts to reduce waste.
The UK Research and Innovation (UKRI) has invested USD 25.8 million in order to ramp up the recycling capacity of the country. The investment has been done primarily in four companies engaged in plastic recycling, namely Veolia, ReNew ELP, Recycling Technologies, and Poseidon Plastics.
In addition, Eco Recycling Ltd, 99P Recycling, Rubber & Plastic Collection Services Limited, and Recycled UK Ltd are some other companies engaged in plastic recycling in the UK.
U.K. Recycled Plastics Market Product Outlook (Revenue, USD Million , 2021-2033)
Polyethylene
Polyethylene Terephthalate
Polypropylene
Polyvinyl Chloride
Polystyrene
Others
U.K. Recycled Plastics Market Source Outlook (Revenue, USD Million , 2021-2033)
Plastic Bottles
Plastic Films
Polymer Foam
Others
U.K. Recycled Plastics Market Application Outlook (Revenue, USD Million , 2021-2033)
Building & Construction
Packaging
Electrical & Electronics
Textiles
Automotive
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. Recycled Plastics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Recycled Plastics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.