Global PCR Packaging Market Set to Reach 6.5 Million Tonnes by 2031 as Sustainability Targets Drive Investment

New research from Smithers, the global authority on the packaging industry, sizes the global PCR packaging market at 4.9 million tonnes in 2026. It is forecast to reach 6.5 million tonnes by 2031, according to its latest market study, The Future of PCR Packaging to 2031 . The forecast represents a compound annual growth rate (CAGR) of 5.7% over the 2026–2031 period.