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Megatrends
The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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About This Report
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As Ethical Living is gaining strength, the global sustainability chain is developing, and an ethical industry is emerging. Ethical Living is being mindful of others (other human beings, animal welfare and or the environment) when making consumer choices. Although an ethical agenda is no longer limited to niche companies, the efforts of major companies are high-profile but often only small-scale. Those that prioritise ethical business practices early will appear more genuine to consumers.
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Overview
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EMERGENCE OF ETHICAL INDUSTRY
The “ethicalisation” of society is happening although at a slow pace. As ethical living is gaining strength, the global sustainability chain is developing, and an ethical industry is emerging. Sustainability is no longer only driven by NGOs, it is also closely linked to wider commercial activity.
EARLY DAYS FOR CORPORATE SUSTAINABILITY
Long-term charity/sponsorship affiliations have become an important caveat of many companies’ corporate social responsibility and marketing strategies, proving that an ethical agenda and profit do not have to be mutually exclusive. The FTSE4Good, Dow Jones Sustainability Indices and others, provide commercial incentive for acting in an ethical manner.
DO YOUR ETHICAL CREDENTIALS COUNT?
The huge plethora of certification and award schemes means that obtaining certification or being part of an awards list does not necessarily indicate that a company makes true efforts towards sustainable development.
SMALL-SCALE ETHICAL AGENDAS WILL LOOSE
Although an ethical agenda is no longer limited to niche companies, the efforts of major companies are high-profile but often only small-scale. Those that prioritise ethical business practices early will appear more genuine than those which seem to conform as a begrudging necessity. This is crucial in order to gain favour with the increasingly influential millennial consumer.
THE SUPPLY CHAIN UNDER THE MICROSCOPE
Right now, consumers, and in many cases companies themselves, can only see (or effectively monitor) the end-product in the larger supply chain, but it is only a matter of time until the whole production process moves into focus and companies need to have clarity on the sustainability of the entire supply chain including suppliers and partners.
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More About the Megatrends Series
Our new Megatrends report series highlights the eight most influential megatrends to watch for both 2017. Euromonitor International’s global research teams continually monitor the consumer, industry and economic trends shaping world markets.
Our expertise, combined the latest techniques in re-examining the tens of millions of data points in our Passport database, allows us to be uniquely positioned to provide a holistic approach to common drivers that have the power to transform and disrupt entire categories in the next five years.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis and plan your corporate strategy with our expert qualitative analysis and growth projections.
This industry report originates from Passport, for more information click here.
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Request more informationTable of Contents
Introduction
Megatrend analysis at Euromonitor International
Megatrend framework
Ethical Living is one of our eight focus megatrends
Key findings on Ethical Living
Ethical Living
From world leaders to individuals, and back
Challenges and opportunities
What is Driving the Trend?
Five core drivers are shaping Ethical Living
Shifting economic power
Population change
Technology
Environmental shifts and pressures
Changing values
Ethical Living in Action
Ethical Living splits into three trend dimensions
Ethical living in action
Ethical Living: key trends
Powering the World
Azuri : leveraging the sun for households in rural Africa
Tesla: making sustainable cars fashionable
Procter & Gamble: finding ways of turning laundry detergents green
From Less Water to Waterless
Heineken: water stewardship through ecosystem restoration
Pinch of Colour: entirely waterless formulations in colour cosmetics
AEG dishwashers: clever with water
Waste not, want not
Bluecup : a refillable alternative to Nespresso coffee pods
THINX: reusable sanitary protection
Stowaway: with waste reduction in mind
Ravintola Loop: from waste to taste
Transparency rules
Ingredion’s TRUETRACE: satisfying the hunger for non-GMO
CRED: a pioneer of ethical jewellery
Dorset Cereals: ultra-local advantage
Alternative means
EntoBento : cricket-based dog treats
Hemp Eyewear: definitely not plastic eyewear
Alter Eco Foods: the emergence of compostable stand-up pouches
Animal welfare
Chipotle: “food with Integrity"
Over the Moo: dairy-free ice cream ticking the boxes
Socially active
go!: when sanitary protection does more
Heineken: local cassava sourcing in Nigeria
VeloBloud : tackling homelessness with a coffee
Everyone counts
Nike BETRUE: supporting diversity
The Restaurant of Order Mistakes in Tokyo: dealing with dementia
Ahiida : sportswear designed with Islamic values in mind
Ethical Living: key market learnings
Conclusion
Ethical Living in brief
Ethical Living priorities to 2030
Ethical Living: what you need to know
Leverage the power of megatrends to shape your strategy today
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Want to find out more about this report?
Request more informationComplete Catalogue
Megatrends
- Changing Values As a Megatrend Driver | Apr 2018
- Connected Consumers | Aug 2017
- Connected Consumers in Asia Pacific: Mobile-centric Mindset Permeates all Aspects of Life | Jun 2018
- Connected Consumers: “Can do” Versus “Should do” Thinking | Dec 2017
- Connected Consumers: Future Mobility, Home and City | Mar 2018
- Ethical Living in Western Europe: Advancing to a Circular Economy | Jun 2018
- Ethical Living: Mindful Consumerism | Nov 2017
- Ethical Living: Plastic - Lose It or Re-Use It? | Mar 2018
- Experience More | Aug 2017
- Experience More Across the Customer Journey | Dec 2017
- Experience More in Asia Pacific: How Brands are Delivering an Enhanced Experience | Jun 2018
- Experience More: Digital Toolkit | Mar 2018
- Experience More: In the Moment | Jun 2018
- Healthy Living | Aug 2017
- Healthy Living in Latin America: Evolving Consumer and Business Landscape | Jun 2018
- Healthy Living: Home As Health Hub | Mar 2018
- Healthy Living: The New Face of Healthy Ageing | Dec 2017
- Middle Class Retreat | Aug 2017
- Middle Class Retreat in North America: Where do Opportunities Lie? | Jun 2018
- Middle Class Retreat: Fickle Consumers | Dec 2017
- Middle Class Retreat: Trading Up, Trading Down | Mar 2018
- Population Change as a Megatrend Driver | Feb 2018
- Premiumisation | Aug 2017
- Premiumisation in Asia Pacific: Tracking a New Affluent Class | Jun 2018
- Premiumisation: Past, Present and Future | Mar 2018
- Premiumisation: Why Foodservice Matters to Every Industry | Dec 2017
- Shifting Economic Power as a Megatrend Driver | May 2018
- Shifting Market Frontiers | Aug 2017
- Shifting Market Frontiers in China: Mid-sized Cities Boom | Jun 2018
- Shifting Market Frontiers: Africa Rising | Mar 2018
- Shifting Market Frontiers: Asian Century | Dec 2017
- Shopping Reinvented | Aug 2017
- Shopping Reinvented in Latin America: Evolving Expectations and Opportunities | Jun 2018
- Shopping Reinvented: Empathy and the Key to a Superior Shopper Journey | Dec 2017
- Shopping Reinvented: Mobile App Features that Drive Discovery, Engagement and Sales | Mar 2018
- Technology as a Megatrend Driver | Jan 2018
- Understanding the Five Drivers Shaping Megatrends | Jan 2019
Complete Catalogue
Megatrends
- Changing Values As a Megatrend Driver | Apr 2018
- Connected Consumers | Aug 2017
- Connected Consumers in Asia Pacific: Mobile-centric Mindset Permeates all Aspects of Life | Jun 2018
- Connected Consumers: “Can do” Versus “Should do” Thinking | Dec 2017
- Connected Consumers: Future Mobility, Home and City | Mar 2018
- Ethical Living in Western Europe: Advancing to a Circular Economy | Jun 2018
- Ethical Living: Mindful Consumerism | Nov 2017
- Ethical Living: Plastic - Lose It or Re-Use It? | Mar 2018
- Experience More | Aug 2017
- Experience More Across the Customer Journey | Dec 2017
- Experience More in Asia Pacific: How Brands are Delivering an Enhanced Experience | Jun 2018
- Experience More: Digital Toolkit | Mar 2018
- Experience More: In the Moment | Jun 2018
- Healthy Living | Aug 2017
- Healthy Living in Latin America: Evolving Consumer and Business Landscape | Jun 2018
- Healthy Living: Home As Health Hub | Mar 2018
- Healthy Living: The New Face of Healthy Ageing | Dec 2017
- Middle Class Retreat | Aug 2017
- Middle Class Retreat in North America: Where do Opportunities Lie? | Jun 2018
- Middle Class Retreat: Fickle Consumers | Dec 2017
- Middle Class Retreat: Trading Up, Trading Down | Mar 2018
- Population Change as a Megatrend Driver | Feb 2018
- Premiumisation | Aug 2017
- Premiumisation in Asia Pacific: Tracking a New Affluent Class | Jun 2018
- Premiumisation: Past, Present and Future | Mar 2018
- Premiumisation: Why Foodservice Matters to Every Industry | Dec 2017
- Shifting Economic Power as a Megatrend Driver | May 2018
- Shifting Market Frontiers | Aug 2017
- Shifting Market Frontiers in China: Mid-sized Cities Boom | Jun 2018
- Shifting Market Frontiers: Africa Rising | Mar 2018
- Shifting Market Frontiers: Asian Century | Dec 2017
- Shopping Reinvented | Aug 2017
- Shopping Reinvented in Latin America: Evolving Expectations and Opportunities | Jun 2018
- Shopping Reinvented: Empathy and the Key to a Superior Shopper Journey | Dec 2017
- Shopping Reinvented: Mobile App Features that Drive Discovery, Engagement and Sales | Mar 2018
- Technology as a Megatrend Driver | Jan 2018
- Understanding the Five Drivers Shaping Megatrends | Jan 2019