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The new recycle market for the plastic bottle industry research from Technavio indicates positive growth in the short term as the business impact of COVID-19 spreads.
Technavio has announced its latest market research report titled Global Recycle Market for Plastic Bottle Industry 2020-2024 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the recycle market for plastic bottle industry.
“One of the primary growth drivers for this market is the use of plastic bottles & their recycled forms,” says a senior analyst for the industrials industry at Technavio. The vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. As the markets recover, Technavio expects the recycle market for plastic bottle industry size to grow by USD 3.10 billion during the period 2020-202