The item description for the Three Ring Circus Chain by Miss Indie quotes Britney Spears--how could I resist? This knitted statement necklace is sure to make you the center of attention, and its butterscotch gold color will transition well throughout the seasons, from the deep colors of late summer to the muted grays and neutrals of fall and winter.
Check out some other gorgeous knitted and crocheted creations below.
Implications - The recent recession prompted budget-conscious consumers to craft their own products instead of purchasing them. Consumers who have recovered financially now appreciate handcrafted items for their high-quality and unique designs. Companies can appeal to their target markets by manufacturing products that have been handmade or are made from craft materials.
Why This Trend Is Growing
- Handmade Products
- Manufacturing handmade products can appeal to budget-conscious, yet quality-seeking consumers.
- Crafting as a Hobby
- Crafting has become a popular hobby among consumers, creating opportunities for craft-related product innovation.
- Knitted Accessories
- Knitted accessories are increasingly popular among consumers and present a potential product category for fashion and accessory industries.
Industries Being Reshaped
- Fashion
- The fashion industry can capitalize on the rise of knitted accessories to offer more diverse and unique products.
- Home Decor
- The home decor industry can leverage the DIY trend to offer craft-related products for consumers to make and decorate their homes creatively.
- Arts and Crafts
- The arts and crafts industry can offer new products and classes to meet the growing demand for handmade and DIY items.
