Plastic Waste Management Market Exploration: Growth Factors and Competitive Dynamics
Market Overview Global Plastic Waste Management Market size and share is currently valued at USD 37.90 billion in 2024 and is anticipated to generate an estimated revenue of USD 52.34 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 3.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 The plastic waste management market refers to the processes and technologies used to collect, recycle, and dispose of plastic waste in a responsible manner. Plastic waste is categorized into various types, including post-consumer waste (plastics discarded by households or businesses) and post-industrial waste (plastics discarded during the manufacturing process). The market is primarily driven by increasing plastic production, which, while essential for numerous industries, has contributed to significant plastic waste accumulation. Key areas of focus within plastic waste ma...