The level of recycled plastic packaging waste in Spain stood at 55.3 units in 2023. From 2013 to 2023, the data reveals a consistent growth trend with a minor dip in 2020. Over the last two years, the year-on-year percentage variation shows an increase of 11.39% from 2021 to 2022 and 7.79% from 2022 to 2023. The 5-year CAGR from 2019 to 2023 is approximately 4.45%, indicative of robust growth.
Future trends to watch for include a continued rise in recycled plastic packaging waste, driven by stronger regulatory frameworks and increased consumer awareness. The forecast suggests a 2.47% CAGR and a cumulative 12.96% growth rate from 2024 to 2028, pointing towards sustained development in this sector.
