To-go with sustainability, please

New players and business models are entering the market to disrupt traditional forms of retail and consumer services.

New business models are entering the market to disrupt traditional forms of retail

To meet consumer demand for digitally-powered convenience, access over ownership business models such as Airbnb and Zipcar continue to grow. Green startups are also trying to disrupt the market with more sustainable alternatives to traditional products.

“As-a-service” everything: Subscription-based selling models will continue to grow to offer consumers value when they need it. For example, more than 20% of personal electronics device sales will be sold using subscription service models by 2025 – IDC

To-go, please: By 2025, younger diners will help drive 65% of restaurant orders to be for takeout (delivery, pickup, drive-thru), accelerating growth of kitchen-only locations and third-party food ordering apps – IDC

Betting on green disruption: In 2021, roughly 1,200 green startups focused on disruptive business models to fight climate change raised a record $90 billion. This is
putting additional pressure on established brands to increase their sustainability efforts – Wall Street Journal

Workforce implications:

Growing need for upskilling, reskilling or outplacement services for traditional roles disrupted by the accelerating pace of innovation
The growth of “as-a-service” and sustainable business models will increase the value of reuse. As a result, green jobs needs will grow for roles such as reverse logistics or refurbishment to prepare products for the next user.

IN 2021, ROUGHLY 1,200 GREEN STARTUPS FOCUSED ON DISRUPTIVE BUSINESS MODELS TO FIGHT CLIMATE CHANGE RAISED A RECORD $90 BILLION