The volume of municipal waste recycled in Canada has showcased a mostly incremental increase over the past decade. Notably, from 2014 to 2023, the recycling volume rose from 6.39 million metric tons to 6.76 million metric tons. Despite some fluctuations, such as a slight dip in 2018, the general trajectory has been upward, with the recycling rate stabilizing in recent years.
Year-to-year variations indicate small but positive increments in the recent past. Specifically, 2023 exhibited a modest increase of 0.024%, underscoring a period of relative stability following a CAGR of 0.25% over the preceding five years. Future projections maintain this trend, anticipating consistent volume levels through to 2028 with a forecasted CAGR of 0.01%.
Future trends to watch for:
- Technological advancements in recycling processes.
- Policy changes promoting circular economy practices.
- Consumer behavior towards sustainable waste management.