Recyclable Material Wholesaling in Canada
The Recyclable Material Wholesaling industry in Canada has maintained its rollercoaster growth dynamic and revenue is expected to decline sharply in 2019 after two consecutive years of strong growth. Industry operators collect, sort and bundle any recyclable material and then sell it off to different entities for recycling. When commodity prices such as steel and wood pulp increase in price, scrap metal and paper can be sold for more since these will go through the recycling process and become new steel or paper ready to be used. As a consequence, the volatility of these commodities transfers to industry revenue. The prices of these two commodities have fluctuated over the past five years and revenue has followed right behind them. The industry is expected to decline over the five years to 2019. Over the next five years, the industry is expected to recover. Growth in the manufacturing and construction industries along with increased government recycling incentives are expected to aid the industry over the next five years.
The Recyclable Material Wholesaling industry in Canada wholesales automotive scrap, industrial scrap and other recyclable materials. Industry operators include auto wreckers that dismantle motor vehicles for wholesale scrap material. Also included are operators that break up, sort and wholesale all forms of scrap iron and steel using power-processing equipment such as cranes, hydraulic shears, baling equipment and cable strippers.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook