Efforts of companies towards sustainability and the circular economy.
Large multinational companies are driving demand for PCR plastics through ambitious sustainability initiatives and circular economy strategies. Companies like Unilever, Coca-Cola, and Nestlé are setting aggressive goals to incorporate more recycled materials into their packaging and reduce their overall plastic footprint. For example, Coca-Cola aims to have 50% recycled content in its plastic bottles by 2030, while Unilever has committed to halving its use of virgin plastic by 2025. These efforts influence supply chain decisions, encourage investment in recycling infrastructure, and promote partnerships with recyclers to ensure a stable supply of high-quality PCR materials. The transition to circular business models is creating a robust market for PCR plastics, with long-term contracts and strategic partnerships becoming essential elements of competitive advantage. 【Contents】 ■ Market Overview ■ Market Analysis (Category, Processing, Source, Application, Type) ■ Regional Market Analysis ■ Company Profiles
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Publisher: Visiongain Publication Month: March 2025 Report Language: English *For more details, please visit our website or refer to the sample materials.
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Data Resource Co., Ltd. provides valuable information and analytical data for business strategy planning, including the latest market information on telecommunications, computers, electronics, energy, and automotive-related sectors worldwide, as well as competitor strategies, the development of new technologies and services, regulations, and intellectual property.