Sustainable Packaging Statistics Why Eco Friendly Packaging Matters The sustainable packaging market industry is projected to grow to $737.6 billion by 2030. this estimate is due to major private and public organizations looking to expedite their switch to eco friendly packaging in line with market expectations. the increase in market size may also be due to the more significant use of sustainable packaging in. To understand this better, we launched a survey across 11 countries to explore consumers’ attitudes toward sustainable packaging. this builds on our 2020 work focusing on consumer sentiment globally, 1 as well as our 2023 work related to consumer sentiment in the united states. 2. our 2023 survey covers a statistically significant sample size.
Sustainable Packaging Statistics Why Eco Friendly Packaging Matters Socio economic factors like government mandates, rising costs, and changing consumer preferences are driving increased demand for sustainable packaging. in a joint study, niq and mckinsey found that consumers are more loyal to products with strong sustainability claims. according to niq’s 2023 cpg sustainability report, 92% of shoppers say. The drive toward sustainability in packaging—beyond the quick wins. sustainability—particularly regulatory and public concerns around single use packaging waste—is combining with other powerful trends 1 to drive major changes in consumer packaging. regulators are moving on the issue, and fast moving consumer goods (fmcg) companies and. When we ask us consumers about the importance of sustainable packaging when they purchase products for various end use areas, some 38 percent say it is extremely or very important. moreover, the responses are quite consistent across different end use segments. the level of concern is somewhat higher for dairy products and lowest for foodservice. This chapter expands upon the existing bain brief “a roadmap for sustainable packaging in consumer goods” (published september 2022). the environmental challenge of packaging waste has exploded, with governments, regulators, consumers, shareholders, employees, and society at large putting immense pressure on brands to address the unintended consequences of their current linear packaging.
Why Eco Friendly Packaging Is Getting Important 6 Fact When we ask us consumers about the importance of sustainable packaging when they purchase products for various end use areas, some 38 percent say it is extremely or very important. moreover, the responses are quite consistent across different end use segments. the level of concern is somewhat higher for dairy products and lowest for foodservice. This chapter expands upon the existing bain brief “a roadmap for sustainable packaging in consumer goods” (published september 2022). the environmental challenge of packaging waste has exploded, with governments, regulators, consumers, shareholders, employees, and society at large putting immense pressure on brands to address the unintended consequences of their current linear packaging. The survey, conducted in 8 countries, found that eco friendly, e.g. recyclable, non plastic or minimal packaging is among the most widely recognized levers for more sustainable consumption. Sustainable packaging is gaining increasing prominence as a factor in consumer decision making. this research aims to review and synthesise the literature addressing sustainable attributes and eco friendly cues of consumer goods packaging. a systematic literature review was performed: 52 scientific articles published between 2010 and 2020 in peer reviewed academic journals were included.
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