Hour of Insights
Minute Keynote
Industry Experts
Stellar Panel
Millions of tons of plastic have entered our oceans, wreaking havoc on ecosystems and infiltrating the food chain. Shockingly, 51 trillion plastic particles—500 times more than the stars in the galaxy—pollute our waters. As per Dutch research, tiny plastic shards have even been found in human hearts and blood.
As Nelson Mandela eloquently stated, "We must heal the wound and in doing so, build a new world." By embracing recycled plastic packaging, we can heal the environmental wounds inflicted by plastic pollution and build a new world – a circular economy where sustainability and profitability go hand-in-hand.
In today’s global market, navigating the regulatory framework for recycled plastic in packaging is crucial. Current laws and future targets are driving significant changes.
By 2030, the EU aims to recycle 55% of all plastic packaging, while the U.S. plans to reduce plastic waste by 50%. Furthermore, the global market for recycled plastics is projected to reach $80 billion by 2025, emphasizing the economic potential. These regulations ensure the reduction of plastic waste, promote recycled material usage, and foster innovation in sustainable packaging.
The current landscape includes diverse regulatory approaches, such as the EU's ban on single-use plastics and China's National Sword policy restricting plastic waste imports. These measures not only push for a circular economy but also create opportunities for businesses to lead in sustainability and innovation.
Understanding and adhering to these regulatory requirements is essential for compliance and growth in this evolving market. The regulatory landscape is not a burden, but a roadmap to a more sustainable and profitable future. By actively engaging with these regulations, you can position your company as a leader in the circular economy.
Sustainability Leader for Amcor Flexibles EMEA, Amcor
Director of Circular Economy, Berry Global, Inc.
Rigid Packaging Global Sustainability Manager, H.B. Fuller
Market Development Manager - Product Assembly EMEA, Nordson
Vice President: Chemicals, Materials & Food - Europe & Middle East, MarketsandMarkets
