Editor's Choice
Unlocking Sustainability Opportunities in Consumer Health
Jorge Zuniga
Consumers’ increasing focus on health, performance, and transparency is driving businesses to rethink their product formulations, expanding sustainability communication beyond just vitamins and sports nutrition. In fact, sustainable products within the consumer health industry recorded an 8% value sales CAGR from 2020 to 2023, outperforming their non-sustainable counterparts.
Unlocking Sustainability Opportunities in Beauty and Personal Care
Jorge Zuniga
As scrutiny intensifies on corporate sustainability communication, this is the first of a new series of articles highlighting key insights from Euromonitor’s Sustainability platform. The Beauty and Personal Care industry is experiencing a sustainability-led growth, with sustainable products seeing a 10% CAGR from 2020 to 2023. Utilising data from the AI-based Passport Sustainability platform, Euromonitor underscores the need for companies to adopt transparent sustainability practices. This key move not only helps manage risks and comply with regulation, but also harnesses the increasing consumer preference for sustainable products.
Voice of the Industry: Sustainability Survey 2024 Key Insights
Jorge Zuniga
Amid ongoing inflation, intensifying geopolitical issues, and climate-related supply chain disruptions, the focus on sustainability seems to be taking a back seat to immediate concerns such as profitability. In fact, there was a 7-percentage-point decrease between 2023 and 2024 in businesses stating they have a sustainability strategy in place.
Europe: Top Consumer Trends in 2024
Stephen Dutton
What is driving European consumer behaviour in 2024? Read this article for two consumer trends that are impacting brands in the region.
Harnessing Sustainable Sourcing for Corporate Resilience
Connie Hunter-Senior
This year’s Environment Day theme of Land Restoration, Desertification and Drought Resilience outlines the opportunities for companies to accelerate and expand the implementation of sustainable agricultural practices. According to Euromonitor's Voice of the Industry Survey, 54% of global companies plan on investing in Sustainable Sourcing over the next five years, demonstrating the urgency to address sustainable sourcing to establish corporate resilience.
Voice of the Consumer: Key Insights 2024
Connor Malloy
After a tumultuous past five years, global consumers are looking on the bright side. Explore key insights from Euromonitor's Voice of the Consumer Lifestyles Survey to understand and stay ahead of consumer behaviours and actions driving market trends.