Highlights. Most global consumers (89%) have changed their shopping habits to be more eco-friendly.
- 80% of worldwide consumers are willing to pay more for eco-friendly products.
- The U.S. eco-friendly retail market grows 85.3% faster than the conventional retail market.
- 177 million American adults are eco-friendly shoppers in 2024, up 7.44% year-over-year (YoY).
- Eco-friendly shopping represents 18.2% of American retail spending as of 2024; if trends continue, 22.2% of spending will be eco-friendly in 2032.
- American consumers will spend $188 billion on eco-friendly products in 2024; projections indicate eco-friendly retail will be worth $355 billion in 2032.
Eco-Friendly U.S. Consumer Statistics
If trends continue, 85% of consumers will shop eco-friendly this year; 10% of shoppers claim to buy only eco-friendly products.
- In 2022, 72% of U.S. shoppers considered a product’s environmental impact to be a crucial purchasing factor.
- 48% of U.S. consumers planned to avoid buying new items in 2022 in order to be more sustainable.
- Eco-friendly consumers prefer to buy online for 75% of retail product categories.
- Consumers spent $175 billion on sustainably marketed products in 2023.
- Sustainably marketed product sales represented 17.7% of consumer retail spending in 2023.
- Consumers paid 27.6% higher prices for eco-friendly products in 2022 (compared to conventional products of similar kind/quality).
- In one year, the share of U.S. consumers willing to pay extra for eco-friendly products grew 7.64%.
- From 2020 to 2023, consumers increased eco-friendly spending at a 9.63% faster rate than other retail spending.
Eco-Friendly Consumer Demographics
Eco-friendly spending is up among most demographics in the U.S.
- Compared to the average athletic shoe, American men pay 40.1% more for eco-friendly sneakers.
- American women pay 20.0% more for eco-friendly footwear.
- Men pay 12.2% more for eco-friendly swimwear, and women pay 13.0% more.
- While outerwear is the most expensive category for both men and women, each pays less for eco-friendly outerwear; men pay 9.25% less, and women pay 0.81% less.
Eco-Friendly Generation Z Consumers
American shoppers born between 1997 and 2012 (also called “Generation Z” or Gen Z) are the most likely among age groups to prefer eco-friendly products.
- 72% of Gen Z shoppers prefer organic* groceries.
- 64% of Gen Z shoppers prefer to buy products with eco-friendly packaging.
- 63% of Gen Z shoppers prefer products with information on their environmental impact (a.k.a. “carbon footprint”).
- Gen Z shoppers are 53.1% more likely to buy based on sustainability instead of product brand name.
- By 2027, Gen Z will support 34% of the eco-friendly fashion industry.
*In this report, “organic” refers to natural products with no synthetic pesticides, fertilizers, or other treatments, including animals that are not given hormones or drugs.
Eco-Friendly Millennial Consumers
U.S. shoppers born between 1981 and 1996 (“Millennials”) are 16.4% more likely to buy based on sustainability over brand name.
- 67% of Millennials prefer to buy sustainable brands.
- 66% of Millennial shoppers prefer organic groceries.
- 59% of Millennials prefer products with information on their environmental impact (a.k.a. “carbon footprint”).
- 54% of Millennial shoppers prefer to buy products with eco-friendly packaging.
- By 2027, Millennials will make up 41% of the sustainable apparel market.
Eco-Friendly Generation X Consumers
American consumers born between 1965 and 1980 (a.k.a. “Generation X” or Gen X) are 10.6% more likely to buy based on sustainability as opposed to brand name.
- 67% of Gen X consumers prefer to buy sustainable brands.
- 60% of Gen X shoppers prefer organic* groceries.
- 41% of Gen X shoppers prefer products with information on their environmental impact (a.k.a. “carbon footprint”).
- 39% of Gen X shoppers prefer to buy products with eco-friendly packaging.
- 18% of the eco-friendly fashion market will come from Gen X by 2027.
Eco-Friendly Consumers Aged 60+
U.S. shoppers born before 1965 (“Baby Boomers” and the “Silent Generation”) will support 6% of the eco-friendly fashion market by 2027.
- Shoppers born between 1946 and 1964 (Baby Boomers) are 20.4% more likely to select products based on sustainability over brand name.
- 56% of Baby Boomer shoppers prefer organic* groceries.
- 30% of Boomer shoppers prefer to buy products with eco-friendly packaging.
- 26% of Boomers prefer products with information on their environmental impact (a.k.a. “carbon footprint”).
Eco-Friendly Consumer Goals
American consumers who shop mostly or exclusively for sustainable products often have specific reasons for “going green.”
- 29% of eco-friendly U.S. consumers want to improve the environment in general.
- 23% of consumers who go green do so to reduce manufacturing waste.
- 22% of eco-friendly consumers want to reduce their carbon footprint.
- 17% of sustainable shoppers want to improve animal welfare.
- 7% of eco-friendly consumers admit to social signaling or buying green products for the sake of appearances.
International Eco-Friendly Consumer Statistics
Eco-friendly retail is a growing industry worldwide and not exclusive to first-world countries.
- 80% of worldwide consumers will pay up to 5% more for sustainable products.
- 70% of global consumers are willing to pay more for products from local and/or ethical companies.
- Between 2019 and 2023, the share of consumers willing to pay more for locally. and/or ethically sourced products grew by up to 66.7%.
- 40% of North American consumers preferred sustainable brands in 2021.
- North Americans are 9.09% less likely than the average global consumer to prefer sustainable brands as of 2021.
- 50% of consumers increased their eco-friendly shopping over six months in 2021.
- Also in 2021, 44% of global consumers preferred to buy brands committed to sustainability.
- 38.4% of global consumers in 2021 took clothing brands at their word regarding sustainability commitments.
- 54% of global shoppers valued product affordability over sustainability in 2022.
- 57% of worldwide Millennial consumers valued affordability over sustainability in 2022.
Eco-Friendly Consumer Brand Statistics
Each year, more brands release eco-friendly products and launch sustainability initiatives.
- An estimated 70% of new products will be eco-friendly in 2024.
- From 2017 to 2021, the share of eco-friendly new products increased 71.4% for a compound annual growth rate (CAGR) of 14.4%.
- Global corporate sustainability reporting tripled between 2016 and 2022.
- 46% of global brands invest in post-consumer recyclable programs.
- 39% of consumer brands invest to improve manufacturing efficiency.
Eco-Friendly Consumer Challenges
Some U.S. consumers want to shop more eco-friendly but certain obstacles prevent them from doing so.
- 50% of American consumers have declined to purchase an eco-friendly product due to the cost.
- 23% of consumers want to buy more eco-friendly products but they simply don’t believe brands’ sustainability claims.
- 16% of U.S. consumers have difficulty finding eco-friendly products to purchase.
- 15% of consumers find eco-friendly products to be less effective than their non-sustainable counterparts.
Sources
- PwC
- Statista, Retail & Trade: Shopping Behavior
- NYU Stern School of Business, Sustainable Market Share Index
- First Insight, Reports & White Papers
- U.S. Bureau of Labor Statistics, Consumer Expenditure Surveys
- The Business Research Company, Ethical Fashion Market 2023
- United Nations, Sustainable Development Goals