Germany, Italy, Spain, the UK, and France reportedly have the highest capacities for plastic waste recycling. PET had the highest installed capacity overall with 29% attributed to this polymer in 2020, Plastics Recyclers Europe claims. According to another report released earlier this year by Plastics Recyclers Europe, PETCORE Europe, Natural Mineral Water Europe (NMWE), and UNESDA Soft Drinks Europe, the net demand for PET in Europe was 5.1MT in 2020, with consumption of PET across applications increasing. Around 1.3MT of this demand was supplied from recycled PET production. As noted by Zero Waste Europe (ZWE), beverage bottles account for 47% of overall PET demand in the EU. "PET is a valuable resource uniquely positioned to be recycled back into its original form," claimed Antonello Ciotti, president of PETCORE Europe, in an interview with Packaging Europe earlier this year.