According to research by Trivium Packaging, nearly three-fourths (74%) of consumers are willing to pay more for sustainable packaging.
The report, published in April and developed in partnership with Boston Consulting Group, surveyed participants for their preferences related to sustainable packaging along with their willingness to pay more for products with environmentally friendly packaging.
It found a majority of consumers identify themselves as ‘environmentally aware’, with more than two out of three consumers citing ‘environmentally friendly, recyclable packaging’ as important. And of the 74% who said they would pay more for sustainable packaging, nearly one-fourth are willing to pay for an increased cost of 10% or more.
Consumers’ focus is on sustainable living now more than ever, and they’re willing to pay to protect the planet
“This increased consumer awareness, driven by increased media coverage of the environmental impacts of pollution and large corporations transitioning away from plastics, whether it’s straws, grocery bags or plastic water bottles, truly underscores our findings,” said Michael Mapes, CEO, Trivium Packaging.
“Consumers’ focus is on sustainable living now more than ever, and they’re willing to pay to protect the planet.
“This presents brands a real opportunity to impact purchasing decisions by offering environmentally friendly options for their consumers.”
Report findings also show that nearly half of consumers avoid what was termed ‘harmful’ packaging. Of those consumers avoiding ‘harmful’ packaging, 68% associate plastic with ocean pollution.
“With relatively low post-consumer recycling rates (single-use), plastic continues to have an environmental impact. In recent years, research has shown that approximately 79% of plastic accumulates in landfills or the environment,” said Jenny Wassenaar, Vice President Sustainability, Trivium Packaging.
The research shows us the emphasis consumers have placed on evolving our packaging options to lessen our impact on the environment
Along with the large number associating plastics with ocean pollution, the report shows that almost 60% of consumers say they are less likely to buy a product in harmful packaging. And of those consumers who associate plastic with being harmful, they cite it as being 80% more harmful than metal.
“The research shows us the emphasis consumers have placed on evolving our packaging options to lessen our impact on the environment,” said Mapes.
“There has never been a better time to back the compelling case for metal as a much more environmentally friendly and sustainable packaging alternative.”
The survey was conducted by the Boston Consulting Group in the US and includes responses from more than 15,000 US, Europe and South America consumers.
Formed in 2019, Trivium Packaging is a merger of Ardagh Group’s food and speciality business with Exal Corporation, the world’s largest manufacturer of impact extruded aluminium containers