North America Recycled Glass Market Forecast 2022-2030

North America Recycled Glass Market Forecast 2022-2030

KEY FINDINGS

The North America recycled glass market growth is anticipated to register a CAGR of 3.82% in terms of volume and 4.82% in terms of revenue during the forecast period, 2022-2030. The rising participation of local communities in launching glass-to-curbside waste collection is set to supplement the market growth. However, the market growth is hampered by the presence of fewer waste recycling programs.

MARKET INSIGHTS

The North America recycled glass market growth evaluation includes the analysis of Canada and the United States. Canada recycles only 20% of its total waste, i.e., 145 kgs per capita per year, despite an eco-friendly exterior. Also, it sends 510 kgs of waste per capita every year to more than 10,0000 landfill sites across the country. In addition, two-thirds of glass for recycling ends up in landfills, with only Quebec City accounting for 100% of recycled glass. Besides, around 729,906 metric tons of recyclables were collected, down from 60.2% in 2018. Of this, 2% was aluminum, 4% was steel, 11% was glass, 13% was plastic, 30% was printed paper, and 40% was paper packaging.

Further, Montreal’s Minister of Environment announced the expansion of the province’s recycling depository system. Such developments contribute to Canada’s market growth.

COMPETITIVE INSIGHTS

Some of the leading market players include Momentum Recycling, Harsco Corporation, Ngwenya Glass, Glass Recycled Surfaces, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments