Forecast: Recycled Packaging Waste in the UK

The volume of recycled packaging waste in the UK grew from 6.71 million metric tons in 2013 to 7.991 million metric tons in 2023. Year-on-year variations showed periods of acceleration and deceleration, with notable increases in 2016 and subsequent years through 2023. A compound annual growth rate (CAGR) of 1.69% was recorded over the last five years. The forecasted data predicts the volume will continue to rise, reaching 8.5239 million metric tons by 2028, driven by a 5.21% growth rate and 1.02% projected CAGR over the forecast period. In 2023, the volume stood at 7.991 million metric tons.

Future trends to watch:

  • Increasing regulatory pressures on recycling rates and packaging waste management.
  • Technological advancements in recycling processes enhancing efficiency.
  • Market shifts towards sustainable and eco-friendly packaging materials.

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