The market for Waste or Scrap of Unbleached Kraft or Paperboard in Canada reached a value of $258.23 million USD in 2023. Over the last decade, the market saw fluctuations with an initial decline between 2013 and 2015, followed by a period of recovery and growth from 2016 onwards. The year-on-year growth in 2023 was a modest 1.08%, indicating stabilization. The five-year CAGR up to 2023 was 0.31%, suggesting a gradual growth trend post-2018, despite minor declines in some years.
Future trends to watch include:
- New recycling technologies enhancing efficiency
- Market impacts from environmental policies
- Fluctuations in demand driven by global economic shifts
- Changes in consumer preferences towards sustainable packaging
