30% exceed

Eco-responsibility. Amid rising concern in Asia about sustainability, eco-responsible consumption is on the rise. In an Ipsos poll conducted in late 2019, more than 80 percent of respondents in China, India, and emerging Asian economies said that they had made changes to the products and services they buy because they were concerned about climate change. Willingness to pay for more sustainable appears to be rising. In one McKinsey survey, about 80 percent of Chinese and Indian respondents said there were willing to pay for sustainable packaging, compared with 45 to 65 percent of respondents in the United States and Western Europe.
Intentions expressed in surveys may not always translate into actual purchases because effective premiums for sustainable products often exceed 30 percent, but rising incomes could close the gap.