Between 2013 and 2023, Australia saw a decline in the per capita market size value of waste and scrap of paper and paperboard, decreasing from $19.54 to $10.59. The most significant drops occurred between 2014 and 2020, with a notable recovery phase post-2020. The year-on-year change from 2022 to 2023 showed a decrease of 4.85%. Looking at the compounded annual growth rate (CAGR) over the last five years, the market declined at an average rate of 3.93% annually.
Future trends to watch for include:
- Potential stabilization or growth driven by increased recycling initiatives
- Regulatory changes influencing waste management practices
- Technological advancements enhancing paper recycling efficiency
