France Plastic Recycling Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030

The France Government Launched Sales Tax Initiative in 2018 to Motivate Consumers to Buy Recycled Plastic Products Instead of Non-Recycled

France plastic recycling market stood at 2.45 Million Tonnes in 2020 and is forecast to reach 2.95 Million Tonnes by 2030, growing at a healthy CAGR of 5.15% until 2030. The growing adoption of recycled plastic across various end-user industries and rising awareness towards plastic pollution is contributing to the demand for recycled plastic during the forecast period. Besides, the government launched a sales tax initiative in 2018 to motivate consumers to buy recycled plastic products instead of non-recycled ones by lowering VAT applicable on recycled bottles while increasing VAT on non-recyclable bottles, making recycled bottled less expensive. Hence, increased sales of recycled plastic items are encouraging end-user industries to incorporate more recycled plastics while manufacturing products. In 2019, non-profit organization- “Citeo”, a leading international energy company, “Total S.A.”; plastic recycling technology provider, “Recycling Technologies” have collaborated with global brands like “Nestle” and “Mars” to develop innovative technologies for plastic in France, which is anticipated to increase the demand of plastic recycling market during the forecast period. The increasing demand for plastics in the packaging industry due to their rising application as a packaging material is also expected to increase the demand of the plastic recycling market during the forecast period.

The COVID-19 pandemic led to a staggering use of single-use plastics across various end-user industries such as medical, commercial, households, industrial & food disposables products. Further, the decline in collection rates owing to disruption in waste collections and labor shortages amidst these challenging times affected the recycling business tremendously. While the COVID-19 crisis increased the consumption of plastic products, recycling rates have not evolved in tandem with the spike in demand for plastics, which negatively affected the plastic recycling market. However, the growing awareness about the plastic pollution and stringent government measures are expected to positively impact France plastic recycling market during the forecast period.

Under this subscription, you would be able to access France Plastic Recycling market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including, but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Plastic Recycling.

Years Considered for Analysis:

• Historical Years: 2015 - 2019
• Base Year: 2020
• Estimated Year: 2021
• Forecast Period: 2022 - 2030

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Deliverables

• Installed Capacity By Company-Installed capacity within the country along with the individual capacity of leading players
• Installed Capacity By Location-Installed capacity at several locations across the country
• Production By Company-Actual production done by different companies
• Operating Efficiency By Company-Operating efficiency at which different companies are operating their plants
• Demand By End Use-Demand/Sale of Plastic Recycling in different end-user industries across the country
• Demand By Sales Channel-Demand/Sale of Plastic Recycling by different sales channels across the country
• Demand By Region-Demand/Sale of Plastic Recycling in different regions of the country
• Country Wise Exports-Exports of Plastic Recycling by Different Countries
• Country Wise Imports-Imports of Plastic Recycling by Different Countries
• Demand & Supply Gap-Demand & Supply Gap at country level
• Market Share of Leading Players-Revenue shares of leading players in the country
• News & Deals-Historical & Current News & Deals in the Plastic Recycling market

To extract data for the France Plastic Recycling market, the analyst conducts primary research surveys with Plastic Recycling manufacturers, suppliers, distributors, wholesalers, and customers, followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.