The portion of a product made with recycled materials consisting of pre-consumer materials (waste), post-consumer materials (waste), or both. This figure is important because the term recycled does not mean that a product contains 100% recovered materials. Nor does it mean that a product contains solely post-consumer materials. Recycled means that a product contains some recovered materials. Recycled content can vary from small percentages of pre-consumer to 100% post-consumer materials.