Large spaces have become a thing of the past as more and more people opt for the city-dwelling lifestyle. With the rise of small-space living, compact furnishings are sitting on the forefront of home decor.
Check out the slide show below for everything from fold-away kitchens to compact appliances, as well as mini multifunctional rooms.
Implications - The economic recession and ensuing credit crunch caused consumers to increasingly look for products that offer more for less. Designers of space-saving furniture found success within this environment, as these innovations appealed to homeowners and apartment-dwellers alike. Companies can take advantage of this opportunity by strategically designing multifunctional consumer products with a small form factor.
- Gen Z
- Gen Alpha
- Millennial (primary audience)
- Gen X (primary audience)
