The analysis of municipal waste recycled in Chile reveals a significant increase from 2014 to 2023, where the volume stood at 0.83 units. Remarkable growth was observed between 2016 and 2017, followed by a dip and later consistent year-on-year increments, particularly in the last two years, up 4% annually from 2021 to 2023. The five-year CAGR is 2.78%, indicating a steady yet moderate annual growth rate for the period from 2018 to 2023. Future projections show a 14.72% growth rate by 2028.
Future trends to watch for include advancements in recycling technology, increased governmental policies supporting waste reduction, and public awareness campaigns promoting recycling practices.
