The volume of recycled plastic packaging waste in France surged from 506.41 thousand metric tons in 2013 to 684.11 thousand metric tons in 2023, reflecting fluctuating yet largely upward yearly variations. Significant increments occurred in 2017 and 2022, revealing notable annual growth rates of 9.73% and 10.79%, respectively. The dip in 2020 was an anomaly, likely due to pandemic influences, but recovery followed with an observed year-on-year increase of 11.37% in 2021. As we look forward, the projected compound annual growth rate (CAGR) over the next five years stands at 2.09%, with an anticipated volume reaching 780.62 thousand metric tons by 2028.
Future trends to watch for:
- Continued growth in recycled plastic packaging volumes, driven by rising environmental awareness and enhanced recycling regulations.
- Technological advancements in recycling processes which may further improve recycling efficiency.
- Potential impacts of new policies or market disruptions that could alter the steady growth trajectory.