The waste paper market, according to new forecasts, will increase by 5 percent every year. As a result, it will reach 72.6 billion US dollars by 2032. This will be facilitated by the continuous development of the processing industry. In the volumes of a particular country, this is quite small. But if we talk about the world market, then such growth is very significant. The increase in recycling will reduce the amount of waste that ends up in landfills. In addition, this will reduce the amount of tree felling, which is much more important, since the forest is an important component of the health of our planet.
The growing market for waste paper will improve the environment. It is a fact that waste that ends up in landfills creates problems that are fraught with environmental disaster. Accordingly, if the waste paper market begins to grow, this will positively affect the environmental situation in the world. It is important to note that developed countries, such as the USA and Canada, are the driving force behind this process. We, as a broker operating in Canada, are ready to confirm this statement. Because with the help of our efforts, it is possible to increase the waste paper market. We believe that our contribution is significant, as our customers sell and buy paper waste faster and at a better price for them. As a result, recycling is growing in volume, which contributes to the reduction of waste on our planet.