Competitiveness Threatened But European Plastics Converters Staying Ahead of the Pack

摘要

How competitive is the plastics converting industry in Europe? Most European companies are currently under pressure from players in the Asian or Turkish markets. Fresh competitors from North Africa and the Middle East are also heating up global competition. Furthermore, homemade threats - including legislative and tax related guidelines in EU countries and a lethargic implementation of EU regulations - are "significantly impeding" business. Especially in Germany, France and Benelux, mid-sized family owned companies are affected and need to act fast. In addition, these players are being hit by a shortage of skilled labour, which is substantially hindering innovation.