The forecast for recycled plastic packaging waste in Norway shows a consistent upward trend from 2024 to 2028. The values in thousand metric tons are projected to increase from 94.92 in 2024 to 107.22 in 2028. This steady rise indicates a growing emphasis on recycling and sustainability efforts within the country. The initial levels in 2023 stood at 91.89 thousand metric tons, and the year-on-year percentage variations from 2024 to 2028 show slow and steady growth.
Notably, the variation percentages for the past two years and the last five years' CAGR reflect an average increase per year. The yearly forecasted growth percentages from 2024 to 2028 are approximately:
- 2024-2025: around 3% increase.
- 2025-2026: around 3% increase.
- 2026-2027: around 3% increase.
- 2027-2028: around 3% increase.
Future trends to watch for include advancements in recycling technology, government policies promoting sustainability, and changes in consumer behavior towards more eco-friendly products. These factors could further accelerate the increase in recycled plastic packaging waste.
