The recycled paper packaging waste in Belgium has shown a steady increase from 601.41 thousand metric tons in 2013 to 721.69 thousand metric tons in 2023. The year-on-year variations indicate fluctuations, with the highest growth observed in 2021 at 4.66%, and a dip in 2020 at -2.82%. Over the last five years, the compound annual growth rate (CAGR) was 1.57%. Moving forward, the forecast indicates a continued upward trend, with an estimated CAGR of 1.24% from 2023 to 2028, reaching 780.04 thousand metric tons by 2028.
Future trends to watch for:
- Increasing governmental regulations encouraging recycling processes;
- Technological advancements in recycling methods;
- Consumer preferences towards sustainable packaging solutions.