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Indian Plastic Packaging Waste Recycling Growth Opportunities Report 2021 - Increased Investments in Mechanical Recycling to Capitalize on Market Potential - ResearchAndMarkets.com


The "Indian Plastic Packaging Waste Market 2021" report has been added to ResearchAndMarkets.com's offering.

This report presents growth drivers of the circular economy in the plastic packaging waste recycling market, trends shaping the market, and challenges stakeholders face in the value chain. In addition to listing the current installed capacity of plastic waste recycling in India, the report has mapped hotspots in the country which new market entrants or existing participants can consider for expansion.

The report discusses the market's competitive environment, revenue potential, and growth opportunities for market participants. The value propositions of key participants that have contributed to the market's transformation are also profiled in the report.

A signatory to the Paris Agreement on climate change, India is working toward reducing carbon dioxide emissions in the country. India generates 8.5 million tons of plastic waste with a waste collection rate of 70% to 80% as observed in the last four years.

A lack of source segregation and robust infrastructure for sorting plastic waste is the main reason plastics end up in landfills or incineration plants as contaminated waste cannot be recycled.

Only 70% of waste generated enters the country's formal sector to be recycled. Waste generators have shown considerable improvement in waste management awareness, but to achieve required outcomes and transition into a circular economy, the government needs to provide incentives in the form of policy support and subsidies.

Both flexible and rigid packaging accounted for an estimated 59% of plastics produced in India in 2021. India's regulations on extended producer responsibility (EPR) reflect the government's strict approach in putting the responsibility of post-consumer plastic waste management on the producers, importers, and brand owners that introduce plastics into the economy.

The government's ban on single-use plastics taking effect in January 2022 is another step to promote circularity in the plastic packaging waste recycling ecosystem.

Key Issues Addressed

Key Topics Covered:

1. Strategic Imperatives

2. Growth Opportunity Analysis

3. Growth Opportunity Universe

4. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/hse25s


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