India Post Consumer Recycled Plastic Market

. india post consumer recycled plastic market is one of the most promising markets in terms of growth and sustainability in the upcoming years. this type of plastic includes post-consumergrade plastic bottles, packaging, and other materials, which are available from supermarkets, restaurants, industrial manufacturers and other commercial users. it is estimated that india is the third largest consumer of pet – a type of post-consumer recycled plastic – with a market share of 13%. to enhance the demand of post consumer recycled plastic in india, the indian government has initiated a few important policies that promote a circular-economy model for plastic. for instance, it has been encouraging manufacturers, restaurants, hotels, supermarkets and other plastic use industries to ensure the recycling of plastic. this is accompanied by other initiatives such as setting up of collection centers across the country, setting-up of packaging waste-exchange platforms, funding startups in plastic waste processing and promoting plastic free india campaigns. apart from government initiatives, the indian plastic industry has also been proactive in promoting increased use of post-consumer recycled plastic. companies such as recycol weave and cosmo industries have become major players in this industry,each offering different solutions for plastic waste recovery and recycling in india. these companies and others have invested in setting up state-of-the-art recycling systems as well as setting up reuse systems for post-consumer plastics. in the long-term, india is expected to experience growing demand for post-consumer recycled plastic due to its low cost, long-term sustainability and environmental-friendly nature. the market for post-consumer recycled plastic is expected to be strongly driven by the increased availability of recycled plastic and improved access in india. furthermore, factors like extended use of recycled plastic in consumer products and packaging, and improved legislations to promote the circular economy model should further boost the demand of post-consumer recycled plastic in the country.