Canada Recycling Equipment Market Size & Outlook, 2026-2033
Global Market
Related Markets
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 2025 | USD 845.9 million |
| Market revenue in 2033 | USD 1,232.2 million |
| Growth rate | 4.9% (CAGR from 2026 to 2033) |
| Largest segment | Baler press |
| Fastest growing segment | Separators |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baler Press, Shredders, Granulators, Agglomerators, Shears, Separators, Extruders |
| Key market players worldwide | Canadian 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.
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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Publish Date: Apr 22, 2026
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Recycling Equipment Market Scope
Recycling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Marathon Digital Holdings Inc | View profile | 60 | 101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, United States, 33301 | www.mara.com |
| Danieli & C. Officine Meccaniche SpA ADR | View profile | 9,732 | Via Nazionale 41, Buttrio, Udine, Italy, 33042 | www.danieli.com |
| Metso Corp | View profile | 17,121 | Rauhalanpuisto 9, Helsinki, Finland, 02330 | www.metso.com |
| Canadian Pacific Kansas City Ltd | View profile | 19,997 | 7550 Ogden Dale Road SouthEast, Calgary, AB, Canada, T2C 4X9 | www.cpr.ca |
| American Baler Company | View profile | 11-50 | Bellevue, Washington, United States, North America | www.americanbaler.com |
| Sunny Optical Technology (Group) Co Ltd ADR | View profile | 29,524 | No. 66-68, Fengle Road, Zhejiang Province, Yuyao, China, People's Republic of, 315400 | www.sunnyoptical.com |
| Recycling Equipment Manufacturing | View profile | 11-50 | Priest River, Idaho, United States, North America | www.remfg.com |
| General Kinematics | View profile | 251-500 | Crystal Lake, Illinois, United States, North America | generalkinematics.com |
| Eldan Recycling | View profile | 51-100 | Faaborg, Syddanmark, Denmark, Europe | eldan-recycling.com/ |
| ForRec Srl | View profile | 11-50 | Santa Giustina In Colle, Veneto, Italy, Europe | www.forrec.it |
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 Outlook 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.
- Canada Recycling Equipment Market Equipment Outlook (Revenue, USD Million , 2021-2033)
- Baler Press
- Shredders
- Granulators
- Agglomerators
- Shears
- Separators
- Extruders
- Others
- Canada Recycling Equipment Market Processed material Outlook (Revenue, USD Million , 2021-2033)
- Metal
- Plastic
- Construction Waste
- Paper
- Rubber
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Recycling Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Recycling Equipment Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Recycling Equipment Market, 2021-2033 (US$M)
Canada recycling equipment market statistics, by equipment, 2021-2033 (US$M)
