More than half of all consumers are willing to pay a higher price for environmentally-friendly articles. This finding comes from a study by the Dutch data analysis company Nielsen, which corroborates the preference for sustainable products, particularly among millennials. This trend affects all industries, not just the product in question, but also its “staging”, i.e. the packaging.
The millennials, or “Y Generation”, are one of the most-aware targets in matters of purchasing sustainable products; and cosmetic and perfume articles are no exception. Increasingly more buyers seek products that contain organic ingredients in packaging comprised of recycled, recyclable, or natural-origin materials.
However, “Y Generation” consumers are very demanding, since not only do they seek this type of product, but they also want a quality, lightweight and safe packaging that keeps the product in optimal conditions for a long time. This is a challenge facing R&D departments, whose relevance in the industry grows in that they need to come up with solutions that cater to the new needs. The idea is to find the balance between sustainability, cost, quality, safety and practical use.