Between 2013 and 2023, the generated plastic packaging waste in Belgium increased from 329.33 thousand metric tons to 381.96 thousand metric tons. This represents a steady upward trend, with minor fluctuations year-on-year. Notably, there was a significant spike between 2019 and 2020, with a 5.14% increase, likely driven by changes in consumption patterns and increased packaging needs. The CAGR over the last five years stands at 1.92%, indicating a consistent annual growth rate.
Moving forward from 2024, the forecasted data suggests continued growth, reaching 409 thousand metric tons by 2028, albeit at a slightly lower CAGR of 1.09%. This suggests stabilization in the rate of increase.
Trends to watch for:
- Policy changes aimed at reducing plastic waste through recycling and use of alternative materials.- Technological advancements in packaging solutions.- Shifts in consumer behavior towards more eco-friendly options.
