The market for waste or scrap of unbleached kraft or paperboard in Canada is anticipated to slightly rise in value per capita, from $6.70 in 2024 to $6.82 by 2028. This progression reflects a consistent year-on-year growth rate of approximately 0.45%. In 2023, the market stood at a precursor value that set the stage for this gradual increase.
Future trends to watch for include:
- Advancements in recycling technologies which could boost efficiency and market value.
- Potential government regulations on waste management impacting market dynamics.
- Shifts in consumer behavior towards more sustainable products potentially influencing market demand.