The more important the environmental service sector becomes, the better the market will develop. The new Packaging Act therefore has the potential to drive growth.
This segment of the packaging industry also includes machinery and equipment for recycling of packaging, such as waste separation systems, sorters, shredders and presses. The importance of this part of the industry is growing as the environmental service sector becomes more important in Germany. Currently, the recycling economy has a turnover of around EUR 76 billion and employs over 290,000 people. The market segment is characterised by increasingly specialised divisions of labour and continuously rising standards for the recycling of raw materials. The production of the necessary technologies forms the basis for dynamic development of the entire sector.
The new Packaging Act, which enters into force on 1 January 2019, will boost this dynamic development. Then, by comparison with the currently applicable ordinance, new and higher recycling quotas will be set for packaging made of paper, glass, tinplate, aluminium, plastics and composites that accumulate at private end consumers. This applies to all packaging with which manufacturers must participate in the Dual System and which is disposed of via the collection of recyclable materials. From 2022 onwards, material recycling will have to be further increased, which means that the demand for high-performance machinery will continue to grow.
Exhibitors of FachPack Further suppliers and concrete solutions for this topic can be found here.