The data reveals a consistent year-on-year increase in generated plastic packaging waste in Austria from 2013 to 2023, wherein the value stood at 307.2 thousand metric tons in 2023. Though there were minor fluctuations and a decrease in 2019, the overall trend indicates a gradual rise. From 2022 to 2023, the increase was 1.39%, echoing the general growth observed despite some dip years. The Compound Annual Growth Rate (CAGR) over the past 5 years remains low at 0.34%, showing slow but steady growth.
Looking forward, the forecasted data for 2024 onwards suggests a continuation of this upward trajectory. By 2028, the generated plastic packaging waste is expected to reach 327.59 thousand metric tons, with a forecasted 5-year CAGR of 1.02%, indicating moderate but sustained growth.
Future trends to watch for:
- Policy changes focused on reducing plastic waste could impact future waste generation.
- Technological advancements in sustainable packaging might alter the volume of plastic waste.
- Consumer behavior shifts towards sustainability may significantly influence future trends.
