In 2023, the value of municipal waste composted in Canada stood at 9.20. Based on the forecasted data, we see a steady increase in the amount composted: 9.32 (2024), 9.45 (2025), 9.59 (2026), 9.72 (2027), and 9.85 (2028). This indicates a consistent growth trajectory where each year sees a year-on-year percentage increase, specifically around 1.4% annually.
Key Trends Over the Last Two Years:
• 1.4% (2022 to 2023)
• 1.3% (2023 to 2024)
5-Year Compound Annual Growth Rate (CAGR): approximately 1.3%.
Future Trends to Watch For:
• Increased emphasis on sustainability and zero-waste policies.
• Advances in composting technology.
• Greater public awareness and participation in composting programs.
• Potential regulatory changes encouraging or mandating composting practices.
