Forecast: Recovered Plastic Packaging Waste in Italy

The recovered plastic packaging waste volume in Italy has demonstrated considerable growth from 2013 to 2023, increasing from 1.5035 million metric tons to 2.1015 million metric tons. Over the period 2013-2023, the year-on-year variation has shown fluctuations, with notable increases such as 9.24% in 2014, and minor decreases like -5.73% in 2020. The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.09%, indicating a moderate but consistent growth rate. From 2024 onwards, the forecast suggests a continued steady increase, with the volume expected to reach 2.3277 million metric tons by 2028, reflecting a forecast 5-year CAGR of 1.62%.

Looking ahead, key trends to watch for include:

  • Further advancements in recycling technology that could improve the efficiency and capacity of plastic waste recovery.
  • Shifts in regulatory frameworks that might mandate higher recycling targets.
  • Consumer behavior changes influenced by heightened environmental awareness, potentially leading to reduced plastic waste generation and enhanced recycling efforts.
  • Market demand for recyclable materials driven by circular economy initiatives adopted by various industries.

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