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Deposit Return Schemes (DRS) - Trend Overview, Consumer Insight and Strategies

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    Report

  • 14 Pages
  • February 2023
  • Region: Global
  • GlobalData
  • ID: 5765835
Deposit Return Schemes (DRS) are an effective tool for promoting sustainability, reducing waste, and protecting the environment. The implementation of DRS systems has become a global trend, with many countries and regions introducing DRS programs and regulations aimed at reducing single-use plastics. DRS has proven to be effective in achieving high recycling rates for different types of beverage containers, including glass bottles, PET bottles, and beverage cans. However, the implementation of DRS systems raises concerns for companies, such as increased operational costs and potential conflicts with existing recycling schemes.

The implementation of Deposit Return Schemes (DRS) has become a popular tool for promoting sustainability and reducing waste on a global level. DRS systems incentivize consumers to recycle beverage containers and have proven to be effective in achieving high recycling rates for different types of beverage containers. While DRS programs have many benefits, they also raise concerns, such as potential conflicts with existing recycling schemes and increased operational costs for companies.

Scope

  • DRS programs promote sustainability and have been effective in achieving high recycling rates for different types of beverage containers, but their implementation raises concerns for companies such as increased costs and conflicts with existing recycling schemes.
  • The packaging industry needs to find solutions that can minimize the potential negative impacts of DRS, and companies should engage with government bodies to reduce costs and administrative burden.
  • Consumers should also be educated about the importance of sustainability and waste reduction. Collaboration is key to creating a sustainable future.

Reasons to Buy

  • Companies can benefit from buying the report on Deposit Return Schemes (DRS) as it provides comprehensive insights into the benefits and challenges of implementing DRS programs.
  • The report covers various aspects of DRS, including its impact on the packaging industry, consumer behavior, and the environment. Companies can learn about the potential costs and administrative burden of implementing the system and how to mitigate those challenges.
  • The report also highlights the importance of sustainability and reducing waste and provides actionable recommendations for companies to implement DRS systems and other initiatives aimed at promoting recycling and environmental responsibility.
  • By investing in the report, companies can gain a better understanding of the benefits of DRS and how to effectively implement and leverage it to achieve their sustainability goals.

Table of Contents

  • Trend Pulse: Deposit Return Schemes
  • Trend overview
  • Consumer insight
  • Brand implications
  • Take-outs
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Tetra Laval
  • Crown Holdings
  • Elopak
  • Berry Global
  • Amcor
  • Packaging Corp of America
  • Oji Holdings
  • Avery Dennison
  • Ball Corp
  • Verallia
  • Silgan
  • Westrock
  • Smurfit Kappa
  • Stora Enso
  • Pactiv Evergreen
  • Mondi
  • DS Smith
  • UPM-Kymmene
  • Owens-Illinois
  • International Paper.