Capacitive and inductive loads generate a current phase shift, resulting in wattless power. This is relatively easily corrected by using the opposite inductive or capacitive wattless load to cancel out the phase shift.
However, modern loads such as power supplies used in electronic equipment, compact fluorescents, etc also generates a wattless load due to being non-linear, and drawing current mostly only at the voltage peaks of the mains waveform. However, there is no phase shift, so this can't be corrected by the simple addition of capacitors or inductors. It can be corrected by more complex design of the power supply so it looks more like a resistive load to the supply, and the EU now requires this integral power factor correction for most appliances > 25W, although older appliances won't have it.
You can see 3 different types of uncorrected low power factor at