Tomra Systems expects Europe’s plastics recycling industry to stay cautious for at least another year, even as EU recycling deadlines will force a sharp ramp-up in processing capacity by 2030. The CEO said the near-term demand and investment cycle may lag behind regulatory timelines. Overall, this implies slower near-term growth for recyclers despite a clear medium-term regulatory tailwind.
Tomra Systems expects Europe’s plastics recycling industry to stay cautious for at least another year, even as EU recycling deadlines will force a sharp ramp-up in processing capacity by 2030. The CEO said the near-term demand and investment cycle may lag behind regulatory timelines. Overall, this implies slower near-term growth for recyclers despite a clear medium-term regulatory tailwind.
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