Recyclable packaging refers to the logistics packaging containers that can be reused through recycling. Recyclable packaging products are generally made of plastic, metal, wood or other durable materials, among which plastic and metal not only meet the strength requirements, but also fit the purpose of recycling and are the most respected. Generally speaking, recyclable packaging has significant advantages in terms of efficiency, sustainability and safety. In the context of the "carbon peak, carbon neutral" era, recyclable packaging can not only reduce corporate costs through reuse, but is also an important part of sustainability programs in various industries.
The policy has increased to promote the development of recyclable packaging industry. As "green packaging", recyclable plastic packaging is green and recyclable, environmentally friendly and pollution-free, clean and anti-debris, which meets the requirements of green environment protection and development of circular economy. By 2022, the proportion of e-commerce express no longer secondary packaging reached 85 percent, the application scale of recyclable express packaging reached 7 million. By 2025, the basic realization of e-commerce express no longer secondary packaging, recyclable express packaging application scale of 10 million. 2021 December 8 issued the "notice on the organization of large-scale application of recyclable express packaging" clearly put forward in 2021 to 2023 in the courier enterprises pilot recyclable packaging.
According to Reports and data, the market size of recyclable packaging in North America, Europe and Asia Pacific will grow at a CAGR of 7%, 6% and 7%, respectively, from 2021 to 2027. According to ReportLinker, China's recyclable packaging market is expected to reach a CAGR of 8.6% from 2020 to 2027, and the market size is expected to reach $24.2 billion in 2027.
Due to the excellent characteristics of plastic materials, the share of recyclable plastic packaging in the recyclable packaging market has been steadily increasing. Plastics are lighter in weight than wood and metal, and have good durability and better plasticity. At the same time, there are many types of plastic resins and production processes, and different resin materials in different production processes can be made into different performance, different styles of plastic products. According to Reports and data, plastic recyclable packaging will account for 44.8% of the recyclable packaging market share in 2019 and is expected to reach 46.9% in 2027.