As consumer schedules expand, compact versions of existing goods gain traction
Implications - Consumers today have schedules that demand flexibility when it comes to everyday tasks. To address this, consumers are on the lookout for convenience-focused products that travel well and can be stored quickly and easily. This shift is leading to the augmentation of even the least likely of products to keep up with constantly shifting consumer lifestyles.
Trend Themes
1. Rise of Portable Products - The growing need for flexibility among consumers has enabled a rise in the popularity of portable products, allowing consumers to have and use their preferred products wherever and whenever they want.
2. Compartmentalized Designs - Compartmentalized designs have become more popular especially in furniture industry as space is becoming limited, encouraging manufacturers to produce furniture with interchangeable features that can be stored and utilized easily.
3. Innovation in Compact Designs - The rise in popularity of portable products has established a need for innovation in compact designs, allowing notable improvements in efficiency, cost, and convenience.
Industry Implications
1. Furniture - Manufacturers can adopt compartmentalized designs to meet the demand for portable and space-saving furniture without compromising quality.
2. Urban Transportation - With flexible and portable options for individual transportation such as foldable bicycles, customizable scooters and portable skateboards, there is an opportunity for the industry to create more efficient and affordable modes of transportation for urbanites.
3. Outdoor Recreation - The popularity of portable products has led to developments in lightweight, easily transportable recreational equipment that enables outdoor enthusiasts such as kayakers, campers and hikers to have easy and convenient access to their gear at any given time.
6 Featured, 54 Examples:
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Date Range:
Jan 14 — Jul 14
Trending:
Warm
Consumer Insight Topics:
