Green products facing a black future
Posted by Big Gav
The SMH reports that the recession is taking its toll on sales of green products - Green products facing a black future: study.
SHRINKING family budgets and growing scepticism about environmental claims made by companies are set to hit sales of green products, researchers say.
Environmentally friendly products and services are often more expensive than conventional lines and could be the first to go as families review their household budgets, they say.
Research has found that concern over the environment is not translating into sales, and is less likely to do so as consumers worry about how the deteriorating economy will affect them.