The market size value per capita for waste or scrap of unbleached kraft or paperboard in Canada demonstrated fluctuating trends between 2013 and 2023. Starting at $5.63 in 2013, the value decreased to $4.66 by 2015, followed by an upward trend reaching $6.67 in 2023. The most significant increase was noted between 2016 and 2017 with a 8.91% rise, while 2023 saw a modest increase of 0.45% from the previous year. The compound annual growth rate (CAGR) over the past five years stands at 0.39%.
Future trends to watch:
- Environmental regulations impacting waste processing and recycling standards.
- Innovations in recycling technology improving efficiency and market dynamics.
- Shifts in global demand for raw materials affecting the export market.
