The volume of recycled wooden packaging waste in Belgium stood at 84.5 Units in 2023. This indicates a significant rise from the 66.7 Units recorded in 2020, reflecting a positive year-on-year growth trend of around 20% since 2022. However, looking further back, between 2018 and 2020, there was substantial volatility, including a notable dip in 2020. Over the last five years, the compound annual growth rate (CAGR) has averaged approximately 1.36%.
Future trends to watch for include advancements in recycling technology and potential changes in regulatory frameworks that could further impact the volume of recycled wooden packaging waste. Additionally, fluctuations in global trade and shifts towards circular economies may also influence this market.
