Magazines Archives - 2008 April

US green campaign gains ground
Story 8

AMERICANS are quickly moving towards greener consumption. Market research company Mintel’s latest findings revealed that 36% of adults claimed to “regularly” buy green products, compared
with 12% 16 months ago, while those who “never” purchased green products have halved in number over the past 16 months. In August 2006, one in five Americans said they were “never” green consumers. This segment now forms only 10% of the population.

The survey was conducted online last December on a nationally representative sample of 3,085 Internet users aged 18 and above.

“We’re seeing the green movement rapidly transition from niche to mainstream,” said Colleen Ryan, senior analyst at Mintel. “Major companies have jumped onboard ... and the American
public is increasingly looking at green products as ... everyday life.”

Ryan attributed the movement’s growth to the youth. In the survey, 51% of the 18- to 24-year-olds claimed to “regularly” purchase green products while only 31%-36% of older adults made the claim. “Tech-savvy young adults have been key in the green movement’s success,” stated Ryan. “This suggests a bright future for green products, as young adults will carry their habits and beliefs with them as they age.”

Mintel expects vibrant growth for the movement, with Americans’ concerns over climate change, energy costs and product safety creating a need for more environmentally-friendly products and services.

 

 



2008 April Stories:

Retail sales in 2007 - Strong domestic consumption puts China in the lead

Asian customers’ habitual brand switch is costing companies billions

Coty to work with Halle Berry on new fragrance

Nuance-Watson opens mega store at Changi Airport T3

Dockers goes vintage with K1 chinos

Shiseido to serve expanding Asian market with a US$38m facility in Vietnam

Matahari turns in a sterling sales performance

South Koreans are world’s most avid online shoppers

US green campaign gains ground

Capitol Optical eyes bigger market pie

Tampines 1 set to change face of Singapore suburb

Demand spurs Asian retail property

CapitaLand to tap vast real-estate opportunities in Vietnam

Singapore REIT to buy Indon mall

Changes in food code proposed for Australia and New Zealand


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