Careers Business Ownership Plastic Recycling Facts and Figures Share PINTEREST Email Print Monty Rakusen, Getty Images Business Ownership Operations & Success Sustainable Businesses Supply Chain Management Operations & Technology Marketing Market Research Business Law & Taxes Business Insurance Business Finance Accounting Industries Becoming an Owner By Rick LeBlanc Rick LeBlanc Facebook LinkedIn Twitter Consultant and news editor in the supply chain pallet and packaging trade Simon Fraser University Rick LeBlanc wrote about sustainability and supply chain topics for The Balance Small Business. He has been covering the pallet and packaging industries for 25 years. Learn about our Editorial Process Updated on 03/29/21 Plastic recycling has become an increasingly important sector of recycling, but it would be hard to declare it a great success story from an environmental perspective. Less than 9% of plastic generation from the U.S. Municipal Solid Waste stream was recycled in 2018. Ocean plastic and plastic shopping bags still present major global challenges. Businesses that want to have a positive environmental impact should stay informed on the global impact of plastic waste and the state of plastic recycling. Here is an overview of the industry. Environmental Facts It takes hundreds of years to decompose plastic items in landfills. According to the EPA, 8.7% of plastic material generated in the U.S. Municipal Solid Waste (MSW) stream was recycled in 2018. Another 15.8% was combusted for energy, while 75.6% was sent to landfills. Plastic recycling results in significant energy savings compared with the production of new plastics using virgin material. PlasticsEurope reports that 9.4 million tonnes of plastics were recycled in Europe in 2018. According to the EPA, 29.1% of recyclable PET plastic bottles and 19.3% of recyclable HDPE plastic bottles were actually recycled in 2018. Only 13.6% of plastic packaging was recycled in 2018. 3.13 million tons of PET plastic were discarded in the U.S. in 2018. Each year, about $25 million is spent in the state of California to dispose of plastic waste in landfills. Ocean Plastic Facts Almost 4.8 million metric tons of plastic end up in the world's oceans annually, according to a 2015 study from the University of California Santa Barbara.There were 1.9 million grocery bags and other plastics bags collected in the 2018 International Coastal Cleanup.The plastic waste that is thrown into seas every year can kill as many as 1 million sea creatures.Over time, plastic breaks down into tiny particles called microplastics, which are found on shorelines around the world.According to the Ellen MacArthur Foundation, there will be more plastic in the ocean than fish by 2050.An article published in the journal Plos One estimates that 5.25 trillion pieces of plastic, weighing more than 260,000 metric tons, are afloat in oceans. Recycling Economic Facts There were 359 million tonnes of plastics produced worldwide in 2018.Only a very small percentage of recycled bottles are used to make new bottles. Coca-Cola sources only 20% of its packaging from recycled material, while Nestlé Waters North America uses just over 16% recycled content.According to the American Chemistry Council, more than 60% of Americans have access to different plastic recycling programs.