American Consumers Reject Plastic Packaging. Paper Recycling Industry Sees Increased Demand.

Trend:

The “plastic straw debate” was a turning point in how American consumers think of sustainability. Now companies are rushing to replace their plastic packaging to prevent offending consumers. 

Stats: 

• 30% or 76 Million tons per year of all American trash  are containers, cartons, wrapping, etc make up
• 60 nations & 350 U.S. municipalities have single-use plastic restrictions across
• 200+ businesses or 20% of all global packaging have committed to reducing waste

Key Takeaway:

European recycling executives are betting on U.S. paper recycling. Once the infrastructure is in place for increased recycling demand, the fast-moving paper fiber market industry will support the increased demand.

Bloomberg | American Consumers Might Save Paper Recycling