Plastic Waste Management Market Size To Hit USD 46.84 Billion By 2030
San Francisco, 11 Sep 2024: The Report Plastic Waste Management Market Size, Share & Trends Analysis Report By Service (Collection, Recycling), By Source (Plastic Bags, Plastic Bottles), By Polymer, By Region, And Segment Forecasts, 2024 - 2030 The global plastic waste management market size is anticipated to reach USD 46.84 billion by 2030 and is anticipated to expand at a CAGR of 3.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing significant growth, driven by increasing awareness about the environmental impact of plastic waste and the adoption of sustainable waste management practices. Governments worldwide are implementing stringent regulations to curb plastic pollution, which is compelling industries to adopt eco-friendly packaging and recycling practices. The market is witnessing a shift towards recycling and the circular economy as key strategies to manage plastic waste effectively. Innovations in recycling technolog