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HUL's 'Smart Fill' machine takes on refill pouches, zero waste stores…


HUL’s ‘Smart Fill’ machine takes on refill pouches, zero waste stores…
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… But how likely will it change consumer behaviour? Will the eco-friendly ‘woke’ citizen go the extra mile?
After years of relying on refill pouches, ‘kirana’ stores and zero waste businesses, consumers finally have a more eco-friendly alternative to buying Hindustan Unilever (HUL) products. HUL has launched an initiative, called a ‘Smart Fill’ machine. It is an in-store vending model for its home care products, and its aim is to reuse, reduce and recycle plastic.
HUL is attempting to incentivise the use of this machine and reusable bottles by offering a discount. If the consumers bring in their own bottle, they are offered a Rs 30 discount. If they choose to purchase a ‘Smart Fill’ bottle (which can be subsequently reused), then they will get a Rs 15 discount. ....

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Smart Thermostat Market Size to Reach USD 11.36 Billion by 2027 at a CAGR 28%


The global smart thermostat market size was valued at USD 1.86 Billion in 2019, and is projected to reach USD 11.36 Billion by 2027, registering a CAGR of 28% from 2020 to 2027.
Major factors driving the growth of smart thermostat market size are the rapid adoption of smart infrastructure in residential & commercial sectors, the surge in penetration of IoT and AI-based technologies, and the increase in the use of smart technology in medical monitoring. 
Furthermore, reduction of energy bill costs and improved return on investments offered by smart thermostats have considerably increased their demand in households.
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TRENDS INFLUENCING THE GROWTH OF SMART THERMOSTAT MARKET SIZE ....

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