The environmental crisis is very real. And it impacts each
one of us. Climate change, deforestation, plastic pollution, carbon emissions -
these environmental issues are making it imperative for companies to think
eco-friendly, go green.
What's more, they're giving rise to 'conscious consumerism'
which is a growing trend these days. Consumers are more aware of what they buy
and consume, they consider the social, environmental and political
impact of products, and make purchase decisions accordingly. A growing
number of millennial consumers are willing to pay more for a product if it is
guaranteed to be eco-friendly and ethically-made. A 2015 Nielsen study showed
that 66% of global respondents were willing to pay more for eco-friendly
packaging, a number that keeps rising as awareness increases.
It becomes important therefore, that businesses adapt to
meet these increasing demands not only to help the environment and community,
but to also attract conscious consumers and improve sales.
As businesses look for ways to reduce their carbon
footprint, demonstrate their social responsibility and cater to the conscious
consumer, more and more of them are switching to environment-friendly products
packaging.
Generally, eco-friendly packaging is made with
biodegradable and compostable materials. It could be made out of recycled
materials and is usually lighter and less bulky than conventional packaging. It
could be recyclable, reusable, non-toxic, based in biomass or natural products.
Or the manufacturing uses more eco-friendly, low-impact processes that conserve
resources and limit carbon emissions.
It’s not just conscious consumers driving the need for eco-friendly
packaging, governments too have realised they need to act to reduce the
trash they are producing. Trash that doesn’t biodegrade or compost is a
disposal and logistical nightmare. So nations around the world are taking a
strong stance and enacting laws. For example, Australia has mandated that by
2025, 100% of the country's food
packaging must be recyclable, reusable or compostable. Morocco has
banned plastic bags while Kenya imposes a 4-year jail term or hefty fine for
use of plastic bags.
The reasons to use eco-friendly packaging materials
are quite obvious.
Easy disposal
Most of the trash in landfills comes from packaging
material. With e-commerce becoming more and more popular, consumers have more
packages being delivered and few ways of disposal. Recyclable and compostable
containers are easier to dispose of, and if they end up in landfills, they
degrade faster. If your packaging can be recycled and reused sustainably –it
means less waste for disposal and reduces the burden on waste disposal
services.
Reduces carbon footprint
Green
packaging made from recycling waste material and using fewer resources to
manufacture, can reduce your company's impact on the earth.
Lower shipping costs
Eco-friendly packaging is usually designed to provide
effective protection for the contents while requiring less material and being
less bulky. So they weigh less and take up less space, making them more
affordable to ship.
Healthier alternative for consumers
Eco-friendly packaging doesn’t contain harmful chemicals or
materials that are known to cause health issues
Improves your brand image and attracts loyalty
Showing that you care is one of the simplest ways of making
people care about your business. By making environmentally responsible choices,
you position your business as conscious and responsible, thereby improving your
brand reputation and appeal to more customers.
Is eco-friendly packaging economically viable?
For a while, businesses believed that going green with
products and packaging would harm business as the extra cost would reduce
profitability. However today, both business and environment can win. Also,
there is a huge movement dedicated to innovative
packaging solutions – to developing newer, better, more cost-efficient
packaging with lesser impact on the planet.
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