Forecast: Recycled Packaging Waste in Sweden

Recycled packaging waste in Sweden stood at 948.15 thousand metric tons in 2023, reflecting a minor increase of 2.05% year-on-year from 2022. Over the last two years, the data indicates fluctuating trends, with notable decreases in 2018 and 2020 followed by recovery periods. From 2019 to 2023, the compound annual growth rate (CAGR) averaged 2.37%, signaling moderate growth in recycled waste volumes. Looking ahead, forecasts predict continued growth, reaching 1,040.6 thousand metric tons by 2028. The forecasted 5-year CAGR stands at 1.48%, indicating a steady rise in recycling volumes. The overall forecasted growth rate over these years is 7.61%.

Future trends to watch for include:

  • Technological advancements in recycling processes which may enhance efficiency.
  • Potential regulatory changes from the EU and the Swedish government bolstering recycling initiatives.
  • Increased consumer awareness and behavior shifts towards sustainable practices potentially driving up recycling volumes.

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