The recycled plastic market is experiencing robust growth, driven by increasing environmental awareness, stringent government regulations on plastic waste, and rising demand for sustainable packaging solutions. Industries are shifting toward circular economy models, which prioritize the reuse and recycling of materials, further fueling the adoption of recycled plastics. Technological advancements in recycling processes, such as chemical recycling and improved sorting techniques, are enhancing the quality and scalability of recycled plastic products. Additionally, major brands and manufacturers are committing to sustainability targets that include higher usage of recycled content, thereby expanding the market opportunity across global regions.