Waste Treatment & Disposal Services in Canada - Industry Market Research Report

Waste Treatment & Disposal Services in Canada - Industry Market Research Report

Waste Treatment & Disposal Services in Canada

The Waste Treatment and Disposal Services industry in Canada consists of companies engaged in operating a variety of waste treatment and disposal sites, including landfills, incinerators or other types of disposal facilities. While demand for recycling has been a long-term trend, waste production has continued to grow. Still, the industry has been hampered by volatile crude oil prices, which, along with the COVID-19 pandemic, has hindered investment in the energy sector and cut demand from related activities. Nonetheless, recovery is well underway, especially as COVID restrictions dissipate and nonresidential construction work resumes. Despite this, rising interest rates have stifled residential work. Waste treatment and disposal services revenue has been inching upward at a CAGR of 0.7% over the past five years and is expected to total $5.1 billion in 2023, when revenue will fall an estimated 1.8%. Profit will decline amid rising operational fees.

The Waste Treatment and Disposal Services industry in Canada owns and operates waste treatment or disposal facilities, including waste combustors (waste-to-energy plants), solid waste landfills and compost dumps. Many companies in this industry also provide waste collection and hauling services and are also included in the Waste Collection Services industry in Canada (IBISWorld report 56211CA).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."