In 2023, the material recovered in municipal waste in Canada stood at a specific baseline value. From 2024 onwards, forecasted data indicates a gradual increase in material recovery: 29.48 in 2024, 29.67 in 2025, 29.87 in 2026, 30.06 in 2027, and 30.24 in 2028. The year-on-year variation shows a consistent upward trend, averaging around 0.67% annually over the forecasted period. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 0.64%.
Future trends to watch for include:
- Technological advancements in waste sorting and recycling processes.
- Policy changes aimed at increasing recycling rates and reducing waste.
- Consumer behavior shifts towards more sustainable practices.
