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Future scenarios for fast-moving consumer goods in a circular economy

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journal contribution
posted on 2018-12-12, 10:29 authored by Ksenija KuzminaKsenija Kuzmina, Sharon PrendevilleSharon Prendeville, Dale Walker, Fiona Charnley
The aim of the study is to envision, through an inductive scenario planning methodology, future scenarios of the fast-moving consumer goods (FMCG) industry in the context of a circular economy (CE). The study uses an exploratory scenario planning, an inductive approach to engage FMCG industry organisations, CE experts, end-users, and academic stakeholders in exploring the future of FMCG within a CE context. Five future scenarios that can inform a vision for the future of the FMCG industry were developed: (1) Rinse and Reuse, (2) The Cycling of Pure Materials, (3) The Rise of the Circular Retailer, (4) A World Without Supermarkets and (5) Connected Living. The analysis and discussion of the scenarios consider how value is created within circular economy and the integral role that the consumer and the IT play within it. The study provides insights on how the FMCG sector might participate in the CE and in doing so provides a basis for further research in this area. Future areas for research are outlined.

Funding

This study was funded by the ESRC Nexus Network.

History

School

  • Loughborough University London

Published in

Futures

Volume

107

Pages

74-88

Citation

KUZMINA, K. ... et al, 2018. Future scenarios for fast-moving consumer goods in a circular economy. Futures, 107, pp.74-88.

Publisher

© Elsevier

Version

  • AM (Accepted Manuscript)

Publisher statement

This paper was accepted for publication in the journal Futures and the definitive published version is available at https://doi.org/10.1016/j.futures.2018.12.001

Acceptance date

2018-12-07

Publication date

2018-12-14

Copyright date

2019

ISSN

0016-3287

Language

  • en

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