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Waste generation has been identified as the fast-growing problem causing significant environmental and health hazard owing to changing modern societies, especially in the urban regions of the world. Traditional waste management practices face significant challenges in terms of overflowing waste bins and ineffective route planning. With 68% of the w...

The circular economy approach involves initiatives across material and product life cycles, supporting sustainable resource consumption and waste prevention by assimilating high-tech solutions. The global resource management sector is transitioning toward greater digital technology adoption using disruptive smart technologies and platform-based sol...

The omnipresent influence of plastics in modern lifestyle has led to the production of about 300 million tons of fossil fuel-based plastics annually, according to the UN. About half of the total plastics produced till date are thrown away after a single use, and about 60% of the waste ends up in landfills or accumulates in the environment. It is pr...

10 Jul 2019  |  Global  |  Market Research

Future of Circular Economy in the Plastic Packaging Recycling Market, Forecast to 2030

Sustainability Goals, Stringent Regulation, Industry Collaboration, Disruptive Technologies, and Digital Transformation to Drive Recycling and Resource Recovery Efficiency

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Key Issues Addressed

Innovative business models such as deposit return schemes, disruptive applications like augmented reality (AR), composite plastic separation, plastic to fuel etc., will drive the circular economy in the plastic packaging recycling market in the future. The market revenue is estimated at $13.1 billion and is expected to have a CAGR of 9.1% during th...

The amount of carbon dioxide (CO2) generated and emitted into the atmosphere continues to rise as a direct result of a series of complex interactions including population growth, improved standards of living, and expanding economies, and this is clearly demonstrated by both the increasing absolute level and the annual rate of increase in atmospheri...

Sustainable living, green environment, zero waste goals, zero carbon emissions, and circular economy are gradually becoming key themes in the agendas of governments and private organizations the world over. As economies progressed with rapid industrialization, globalization, technological innovations, better standards of living and improved consume...

The amount of carbon dioxide (CO2) generated and emitted into the atmosphere continues to rise as a direct result of a series of complex interactions including population growth, improved standards of living, and expanding economies, and this is clearly demonstrated by both the increasing absolute level and the annual rate of increase in atmospheri...