5 Consumer Trends That Will Shape How Brands Source, Produce Goods in 2022

5 Consumer Trends That Will Shape How Brands Source, Produce Goods in 2022

Learn more

Next page

1. Continued demand for authentic corporate sustainability action

With climate change worsening and driving major weather events, consumers are looking to brands to provide sustainably sourced and produced products that won’t contribute to the problem.  In fact, more than a quarter of consumers say they always or usually base their purchases on sustainability, which is an increase of 4 points from 2019, 

Next page

1. Continued demand for authentic corporate sustainability action

according to the Hartman Group. Climate studies predict that by 2050 coffee, tea, cocoa and cotton will be so severely affected that production in some areas will even disappear, resulting in a complete loss of income for the farmers who grow these goods. Now is the time for both governments and business alike to take action in 

Next page

1. Continued demand for authentic corporate sustainability action

support of farmers to enable them to deal with what's happening with the climate.

Next page

2. Human rights and fair wages advocacy will go global in scale

Many farmers and workers around the world live on less than $2 per day. In 2021, 73 percent of Fairtrade shoppers were willing to pay more for a product to ensure farmers and producers were paid a fair price; specifically, up to 35 percent more per pound for Fairtrade coffee and 30 percent more per bar for Fairtrade chocolate, according to the GlobeScan report.

Next page

2. Human rights and fair wages advocacy will go global in scale

To meet these consumer demands, small to large companies are re-examining their supply chains.  For example, earlier this year, companies including Aldi and Unilever committed to ensuring that workers who directly supply their goods and services across 190 countries will receive a living wage by 2030.

Next page

3. Online shopping for groceries and everyday goods will remain the new norm

COVID has led more US consumers to make purchases online, and that trend will continue into 2022. In 2020, US ecommerce grew by 32.4 percent with a total spend of $791.7 billion, according to Digital Commerce 360.  This digitalization makes it easier for shoppers to compare products and learn whether a company’s sourcing and 

Next page

3. Online shopping for groceries and everyday goods will remain the new norm

manufacturing practices align with their values. Online retailers are also partnering with certifying organizations to help shoppers make comparisons even easier — such as in Amazon’s Climate Pledge Friendly program. Fairtrade International was one of the few certifications chosen by Amazon to launch the program, which continues to 

Next page

3. Online shopping for groceries and everyday goods will remain the new norm

prove successful in nudging purchasing behaviors.

Next page

4. Shoppers will look for and support organizations and companies that promote gender equality

Frequent Fairtrade shoppers care more than average shoppers about women’s causes, according to GlobeScan survey data — which is not surprising, given that female producers worldwide are still fighting for equal rights and opportunities.  A large proportion of the world’s food is farmed by women, yet there remains a 

Next page

4. Shoppers will look for and support organizations and companies that promote gender equality

a significant “gender gap” in agriculture — leaving female farmers with less access than their male counterparts to resources such as land, information, financing, training and supplies. In addition to more women starting companies, shoppers can look for certifications to learn whether products are promoting gender equality.

Next page

5. Purpose + brand transparency = consumer loyalty

Consumers want to support brands that are not only taking care of their own teams and suppliers, but also contributing to making the world a better place.  A study by Zeno Group found that consumers are up to six times more likely to buy from companies with a strong purpose. Additionally, 71 percent of consumers indicated 

Next page

5. Purpose + brand transparency = consumer loyalty

that traceability is very important to them and that they are willing to pay a premium for brands that provide it, according to IBM Research Insights.  Companies have an opportunity to attract new customers and drive loyalty with existing shoppers by authentically developing a transparent supply chain and celebrating how they 

Next page

5. Purpose + brand transparency = consumer loyalty

work to benefit people and the environment.

More

Read

10 New Job Fields for Women in 2022

10 Steps to a Resume That Will Get You Hired

10 Important Career Tips for Women

See More

See More

See More