Yes. Many countries are changing their waste importing policies, meaning traditional trash management methods are becoming unsustainable. However, the volume of waste packaging has grown exponentially with the rise in e-commerce and meal delivery services.
Governments of various nations will promote innovation in waste management, particularly those of emerging markets where there is plenty of room for improvement.
Government intervention will change the sector's traditional cost-profit model, bringing material science and other new technologies into the sector, which will lead to significant innovations this year.