Recycled PET Flakes Market To Reach $29.42 Billion By 2033

Recycled PET Flakes Market Growth & Trends

The global recycled PET flakes market size is expected to reach USD 29.42 billion by 2033, registering CAGR of 11.38% from 2025 to 2033, according to a new report by Grand View Research, Inc. Recycled PET flakes exhibit numerous superior characteristics such as quick drying, heat retention, stretching resistance, softness, wrinkle resistance, high stiffness, and improved tensile and flexural strength. These characteristics promote their demand in the textiles and carpet industries, and expected to drive demand during the forecast period.

High demand for sheets & films developed from recycled polyethylene terephthalate flakes in Europe is expected to contribute to the growth of sheets & films segment of the market during the forecast period. The dominance of shopping malls over brick-and-mortar stores and the stringent implementation of regulations have driven the growth of recycled PET flakes market as sellers of fruits and vegetables sell their products in packets, boxes, or containers.

Additionally, the government initiatives toward a sustainable and clean environment creating more demand for the sustainable rPET flakes products. In the past decade, Europe has focused increasingly on recycled plastics owing to the introduction of a circular economy for plastics by the European Union. The implementation of the circular economy by the countries such as Germany, Italy, France, the UK, and Spain is anticipated to strengthen their plastic recycling capacity and augment the production of recycled PET flakes.

Recycled PET flakes exhibit numerous superior characteristics such as quick drying, heat retention, stretching resistance, softness, wrinkle resistance, high stiffness, and improved tensile and flexural strength. These characteristics promote their demand in the textiles and carpet industries. In addition, these flakes possess an enhanced surface and flow finish. The better dimensional stability and uniform shrinkage offered by the recycled PET flakes than their substitutes also fuel growth of the market, worldwide.

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Recycled PET Flakes Market Report Highlights

• Clear rPET flakes dominated the application segment in the market and accounted for more than 76.18% of the total market share, in terms of revenue, in 2024. 

• Non-food bottles & containers dominated the global recycled PET flakes industry and accounted for more than 28.23% of the total market share, in terms of revenue, in 2024. 

• Asia Pacific dominated the rPET flakes market in 2024 and accounted for 30.37% of the overall market revenue share.

Recycled PET Flakes Market Segmentation

Grand View Research has segmented the global recycled PET flakes market on the basis of product, end use, and region:

Recycled PET Flakes Product Outlook (Volume, Kilotons; Revenue, USD Million; 2021 - 2033)

• Clear

• Colored

Recycled PET Flakes End Use Outlook (Volume, Kilotons; Revenue, USD Million; 2021 - 2033)

• Fiber

• Sheet & Film

• Strapping

• Food & beverage bottles & containers

• Non-food bottles & containers

• Others

Recycled PET Flakes Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • GCC Countries

  • South Africa

List of Key Players of Recycled PET Flakes Market

• Clear Path Recycling LLC

• Verdeco Recycling

• Indorama Ventures Public Ltd.

• PolyQuest

• Evergreen Plastics, Inc.

• Biffa

• GSM Plastic Industries

• RCS Entsorgung GmbH

• TOMRA System ASA

• Polyvim LLC

• Veolia Umweltservice GmbH

• AMAANI POLYFLAKES

• Pashupati Polytex Pvt. Ltd.

• AlEn USA

• RAHSAM Co.

• LANGGENG JAYA GROUP