The PCR Plastic Packaging market size is projected to be worth USD 74,745.2 million by 2030, registering a CAGR of 6.9% during the forecast period 2023–2030. Post-consumer recycled (PCR) plastic packaging is a type of recycled packaging made from packaging products that have already been consumed by consumers. Used packaging scrap is collected at a recycling plant, recycled, and then reprocessed into resins for the production of new packaging. PCR plastic packaging is a highly sustainable form of packaging that is currently gaining global acceptance.