The Parachute—aptly named for its life-saving qualities—is 10 commonly used tools in one, with everything from a can opener to a seat belt or hook cutter.
The curvy, teardrop-shaped tool is a design by Jeff Morin and has already attained its Kickstarter campaign goal. The stainless steel Parachute tool measures 3.5 inches in height and 2 inches in width, with a thickness of 4 mm. The Parachute comes with a large belt loop hanger that incises through the tool. The other nine tool options include a scraper for ice, rust or dirt, a can opener, a seatbelt cutter, a two-inch ruler, flat screwdriver, bottle opener, a half-inch, quarter-in and 5mm hex wrenches, a 1.5 inch saw blade and a keychain hole.
The sleek and slim design makes it applicable for both the outdoors and in important social settings, such as being the go-to person for opening beer bottles.
What Makes This Trend Stand Out
- Multipurpose Tools
- Designing tools that can serve more than one purpose creates a new market for convenience-driven consumers.
- Compact and Portable Tools
- Making tools smaller and easy to carry around opens up new opportunities for on-the-go consumers and businesses.
- Embedded Tools
- Embedding a variety of tools into one main tool reduces clutter and creates a new market for practical and efficient consumers.
Sectors Adopting This
- Outdoor Gear
- Manufacturers of outdoor gear can take advantage of the trend towards compact and convenient multipurpose tools.
- Auto Safety
- The incorporation of tools like the Parachute in automobiles increases safety and can offer new opportunities for auto manufacturers and retailers.
- Drinkware
- Designing products that incorporate bottle openers or other small tools could be a unique selling point for drinkware companies looking to differentiate themselves in the market.
