The global plastic waste management market size was estimated at USD 33.1 billion in 2019 and is expected to register a CAGR of 3.1% over the forecast period.
Rapid industrialization, rising urbanization, and increasing concern towards the environmental impact of improper plastic waste management are anticipated to drive the market over the forecast period.
According to the market research report published, the global plastic recycling market size generated revenue of $41,238.8 million in 2018, which is expected to reach $64,139.7 million by 2024, progressing at a CAGR of 8.6% during the 2019 - 2024 period.