Green and biobased solutions are not only essential to address the challenges of India’s growing population, but also an expectation of a younger generation and rising middle class. We are particularly encouraged that there is broad awareness
Hyderabad, India (PRWEB) September 25, 2014
The DuPont Green Living Survey: India, conducted by TNS Global, found that a majority of Indian consumers are familiar with green products, have confidence that green products are better for the environment, and feel that biobased ingredients enhance the desirability of a product.
DuPont, a leader in market-driven science and innovation, commissioned this nationwide survey with an objective to better understand awareness and attitudes of Indian consumers toward green and biobased products. The survey was the third such study by the company with the first in North America (U.S. and Canada) and the second in China. The research took place in 12 major Indian cities with 1,270 respondents giving face-to-face interviews.
“Green and biobased solutions are not only essential to address the challenges of India’s growing population, but also an expectation of a younger generation and rising middle class. We are particularly encouraged that there is broad awareness of green products across the country with India’s younger generation leading the way,” commented Vikram Prabhu, regional business director, Asia Pacific, DuPont Industrial Biosciences.
“The potential for green and biobased products in India is apparent from this survey,” said Dr. Renu Swarup, MD, Biotechnology Industry Research Assistance Council (BIRAC) and senior advisor, Department of Biotechnology, Ministry of Science & Technology. “We must work together to bridge consumer demands and the ability of new technology innovations to meet their demands, if we were to realise India’s seventh millennium development goal of ensuring environmental sustainability.”
Attitudes and Awareness
In the survey, more than 63 percent of consumers are familiar with green products and of those, 85 percent have confidence that they are better for the environment. These consumers believe biobased ingredients not only make a product green, but also provide better performance, critical to long-term adoption.
It is interesting to note that India’s confidence in green products being better for the environment (85 percent) is higher than other countries surveyed by DuPont in previous years. Previous studies showed China with 70 percent confidence, Canada with 65 percent and the United States with 60 percent.
However, Canada (78 percent) and the United States (76 percent) lead in overall familiarity with green products over India (63 percent) and China (43 percent).
Regionally, familiarity of green products was found to be highest in South (83 percent) and East (68 percent), followed by West (42 percent) and North (53 percent). Consumers from South India also are most confident (95 percent) that green products are better for the environment.
Awareness of green products is high across the country, with younger consumers below age 30 showing the highest level of familiarity (69 percent) followed by ages 51+ (60 percent) and ages 31-50 (58 percent). Since nearly 50 percent of India’s current population is below the age of 25, there is strong potential for green product adoption and demand growth. Currently, more than two-thirds (67 percent) of consumers are likely to purchase apparel, personal care, hygiene and household products made from biobased ingredients that offer environmental benefits.
“Science is at the heart of everything we do at DuPont. We are working collaboratively to find sustainable, innovative, market-driven solutions for the Indian market. The Green Living Survey confirms that India’s population is increasingly becoming environmentally conscious and demonstrates their growing preference for more sustainable products. We see great opportunity for biobased solutions in India, and our new biosciences laboratories at the DuPont Knowledge Centre in Hyderabad are specifically focused on meeting the green aspirations of Indian consumers,” said Balvinder Singh Kalsi, president, South Asia and ASEAN, DuPont.
Across the market, roughly half of consumers recognize the term “biobased” in conjunction with green products and say that biobased ingredients enhance the desirability of a product, enough so that they would consider paying a premium price for these products.
About the Green Living Survey: India
The research is based on face-to-face interviews with Indian consumers in New Delhi, Mumbai, Ahmadabad, Pune, Kolkata, Chennai, Bangalore, Hyderabad, Lucknow, Chandigarh, Patna and Kochi. The survey was conducted by TNS Global, India.
For additional information, please visit http://biosciences.dupont.com/india-green-living-study
About TNS Global: TNS advises clients on specific growth strategies around new market entry, innovation, brand switching and customer and employee relationships, based on long-established expertise and market-leading solutions. With a presence in over 80 countries, TNS has more conversations with the world’s consumers than anyone else and understands individual human behaviours and attitudes across every cultural, economic and political region of the world. TNS is part of Kantar, the data investment management division of WPP and one of the world's largest insight, information and consultancy groups. Please visit http://www.tnsglobal.com for more information.
About DuPont: DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com/
For further information, please contact:
DuPont Corporate Communications
Mob no: +91-9899010054
Ogilvy Public Relations
Jagriti Motwani/ Krityanand Kundan
Mob no: +91-9910144661/ +91-9990099562
Jagriti.motwani(at)ogilvy(dot)com / krityanand.kundan(at)ogilvy(dot)com