The global market for post-consumer recycled (PCR) plastic packaging is witnessing substantial growth, with projections estimating the market to reach USD 74,745.2 million by 2030, at a compound annual growth rate of 6.9% from 2023 to 2030. This surge is largely driven by heightened environmental concerns and increasing legislative pressures mandating the use of recycled materials across various regions, including North America and Europe. These regions have seen significant adoption of PCR materials due to the presence of key industry players and rigorous environmental regulations. In contrast, Asia-Pacific is rapidly emerging as a major market due to advancements in packaging technologies and growing awareness of sustainable practices among consumers​ (Yahoo Finance)​.