Canada Recycling Equipment Market Size & Outlook, 2026-2033

The recycling equipment market in Canada is expected to reach a projected revenue of US$ 1,232.2 million by 2033. A compound annual growth rate of 4.9% is expected of Canada recycling equipment market from 2026 to 2033.
Revenue, 2025 (US$M)
$845.9
Forecast, 2033 (US$M)
$1,232.2
CAGR, 2026 - 2033
4.9%
Report Coverage
Canada

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Canada recycling equipment market, 2021-2033 (US$M)

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Canada recycling equipment market highlights

  • The Canada recycling equipment market generated a revenue of USD 845.9 million in 2025 and is expected to reach USD 1,232.2 million by 2033.
  • The Canada market is expected to grow at a CAGR of 4.9% from 2026 to 2033.
  • In terms of segment, baler press was the largest revenue generating equipment in 2025.
  • Separators is the most lucrative equipment segment registering the fastest growth during the forecast period.


Recycling equipment market data book summary

Market revenue in 2025USD 845.9 million
Market revenue in 2033USD 1,232.2 million
Growth rate4.9% (CAGR from 2026 to 2033)
Largest segmentBaler press
Fastest growing segmentSeparators
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationBaler Press, Shredders, Granulators, Agglomerators, Shears, Separators, Extruders
Key market players worldwideCanadian Pacific Kansas City Ltd, American Baler Company, Marathon Digital Holdings Inc, Danieli & C. Officine Meccaniche SpA ADR, Metso Corp, Sunny Optical Technology (Group) Co Ltd ADR, Recycling Equipment Manufacturing, General Kinematics, Eldan Recycling, ForRec Srl, BHS-Sonthofen, LEFORT


Other key industry trends

  • In terms of revenue, Canada accounted for 2.7% of the global recycling equipment market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. recycling equipment market is projected to lead the regional market in terms of revenue in 2033.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 701.3 million by 2033.

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Recycling Equipment Market Companies

Name Profile # Employees HQ Website
LEFORT View profile 101-250 Gosselies, Hainaut, Belgium, Europe https://www.lefort.com
BHS-Sonthofen View profile 251-500 Sonthofen, Bayern, Germany, Europe https://www.bhs-sonthofen.de
ForRec Srl View profile 11-50 Santa Giustina In Colle, Veneto, Italy, Europe https://www.forrec.it
Eldan Recycling View profile 51-100 Faaborg, Syddanmark, Denmark, Europe https://eldan-recycling.com/
General Kinematics View profile 251-500 Crystal Lake, Illinois, United States, North America http://generalkinematics.com
Recycling Equipment Manufacturing View profile 11-50 Priest River, Idaho, United States, North America http://www.remfg.com
Sunny Optical Technology (Group) Co Ltd ADR View profile 29524 No. 66-68, Fengle Road, Zhejiang Province, Yuyao, China, People's Republic of, 315400 https://www.sunnyoptical.com
American Baler Company View profile 11-50 Bellevue, Washington, United States, North America https://www.americanbaler.com
Canadian Pacific Kansas City Ltd View profile 19997 7550 Ogden Dale Road SouthEast, Calgary, AB, Canada, T2C 4X9 https://www.cpr.ca
Metso Corp View profile 17121 Rauhalanpuisto 9, Helsinki, Finland, 02330 https://www.metso.com
Danieli & C. Officine Meccaniche SpA ADR View profile 9732 Via Nazionale 41, Buttrio, Udine, Italy, 33042 https://www.danieli.com
Marathon Digital Holdings Inc View profile 60 101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, United States, 33301 http://www.mara.com

Canada recycling equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to recycling equipment market will help companies and investors design strategic landscapes.


Baler press was the largest segment with a revenue share of 25.96% in 2025. Horizon Databook has segmented the Canada recycling equipment market based on baler press, shredders, granulators, agglomerators, shears, separators, extruders covering the revenue growth of each sub-segment from 2021 to 2033.


In Canada, the source of scrap for recycling majorly comes from industrial applications such as construction and manufacturing. The country has been witnessing collaborations among companies to create outlets for more scrap. 

For instance, in October 2020, ArcelorMittal Long Products Canada and Triple M Metal announced a joint venture Integrated Metal Recycling, Inc. The pandemic has resulted in a series of acquisitions with Triple M Metal acquiring Peterborough Iron & Metal (PIM) in June 2021, to boost the demand for metal recycling equipment in the country.

According to Oceana Canada, only 9% of plastic in the country is recycled, indicating a huge opportunity for recycling equipment manufacturers to enter the market. Innovations in the industry are likely to improve the recycling market in the country.

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Target buyers of Canada recycling equipment market databook

  • Our clientele includes a mix of recycling equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada recycling equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada recycling equipment market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Canada recycling equipment market size, by equipment, 2021-2033 (US$M)

Canada Recycling Equipment Market Outlook Share, 2025 & 2033 (US$M)

Canada recycling equipment market size, by equipment, 2021-2033 (US$M)

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