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Consumers Globally Prioritise Sustainability: Survey 

In the era of digital transactions, the online marketplace has become a significant player in this sustainable shift 

 In the market, sustainable products have established themselves with a strong 17 per cent market share and a noteworthy growth rate of 32 per cent, outpacing that of traditional items. This information highlights the global trend towards environmentally responsible decisions and the undeniable demand for sustainable products.

The growth rate of the market indicates the trend towards sustainability, as sustainable products have expanded at a stunning rate of 2.7 times quicker than their non-sustainable competitors. Customers’ decisions are being influenced by a noticeable trend rather than just personal taste when it comes to the desire for items that uphold environmental ideals.

With a substantial 75 per cent  of sustainable goods finding a larger market online, the online marketplace is crucial to this sustainable change in the digital era. This change represents a preference for digital among consumers who care about the environment, turning the conventional in-store buying experience into an eco-friendly virtual cart.

This dedication to sustainability is supported by consumer sentiments, with a significant 78 per cent stating that it influences their purchase decisions. Consumers’ efforts to normalise sustainable choices are becoming more widespread, as seen by the 62 per cent of shoppers who actively seek out sustainable items.

Most importantly, the data shows that consumers are financially committed to sustainability, with 55 per cent of them willing to pay more for environmentally responsible businesses. This illustrates a consumer base that aligns their buying patterns with environmental principles by actively seeking out and investing in sustainable choices.

One noteworthy finding is that 84 per cent of consumers say they would stop doing business with a company if it had poor environmental policies. In line with the ethical position that customers are looking for in the items they purchase, this highlights a move away from consumer choices and towards a deeper level of accountability demanded from brands.

Drawing from the most recent data accessible and a survey conducted by TheRoundup.org, an online platform devoted to advancing environmental consciousness and sustainability, this extensive analysis presents a striking depiction of a future in which sustainability is not merely a passing fad but an essential aspect of consumer knowledge. According to the research, there appears to be a persistent and extensive dedication to environmentally conscious living in 2023 as people use their purchasing power to support environmentally friendly behaviours.

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