European Recycled HDPE : End-demand Soft- Unbranded Products are downgraded by consumers- Limited Material SupplyIn the seven days leading up to March 22,
the European recycled high-density polyethylene market saw continued demand for
light and natural grades. However, some market participants were concerned that
consumers might downgrade their grocery choices which could impact brand
consumer product consumption. Brand
owners often purchase natural or light pellet grades for consumer packaging
applications such as bottles for personal care products. They are obligated to
include at least 25%-30% of recycled content in their packaging. According to a converter, end-consumers chose lesser-known
brands and unbranded products because of concerns about rising inflation and
recession in Europe. That led brand owners
to limit sustainability-related procurement for packaging needs. Because of the stronger demand from consumers for the
polymer, recycled...