Filed in archive Ethics by leon on March 14, 2008

Ethical consumerism is on the rise. A new study by London-based Datamonitor, reported here, has found that Fair-trade sales across Europe, the US, Australia & New Zealand and Japan have experienced double digit growth since 2002. Datamonitor is predicting growth of 15.7 percent between 2007 and 2012.

This trend will continue to grow as global warming keeps bringing on more natural disasters. The increased awareness will lead to more demand.

At the moment, beverages account for the largest share of fair-trade product sales but it will be fascinating to watch what other products are brought into the mix.

Related Entries:

IFA 2006 - Consumer Electronics trade fair - 31 August 2006
Bra straps are bootstrapped - 05 October 2006
Fair Trade Diamond Video - 29 August 2007
Butter You Up - 19 May 2008

« Paulson: closing the barn... | Main | Subprime's parallels with... »

Permalink: Fair Trade bonanza

Tags: Fair trade Datamonitor

Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/116795

Addthis

Ask

Blinklist

del.icio.us

Digg

Fark

Facebook

Google

Lycos

Ma.gnolia

Mr Wong

Netscape

Netvousz

Newsvine

StumbleUpon

Slashdot

Tailrank

Technorati

Wink

Yahoo

Vote for Fair Trade bonanza:

Currently 7.00/10
1
2
3
4
5
6
7
8
9
10

Rating: 7.00 out of 3 vote(s) cast.

Response from: Kathleen Hobbins (03/15/08 4:50am)

A big reason that consumers are turning to fair trade products is that we are increasingly skeptical about the wholesomeness of other products on the market. The US has seen pet food and toy scandals in the last few months. Exposes have been done concerning sweatshop-manufactured jeans sold in major chain stores. To avoid those problems, I turn to fair trade products whenever I can. I won't use my money to support human or environmental degradation.

Response from: Citizen_Tom (03/18/08 10:52am)

Ethical consumerism is so on the rise that there are now fairtrade condoms! see this article:
http://www.e-citizen.tv/wordpress/langswitch_lang/en/

Response from:

Ethical consumerism is on the rise. Fair Trade sales across Europe, the US, Australia & New Zealand and Japan have experienced double digit growth since 2002.