Have a knitter in the family looking for some fun money? Have them get into the chair knitting biz. The In-the-Round Chair gets is name from knitting socks or sleeves without a stitch. It's a fairly easy technique, but the payoff is high. Thirty feet of sleeve is required for a chair like this.
The fact that it's selling for $2,200 is a great reason to call Granny real quick!
Implications - As a result of the effects the recession has had on consumers, purchasing duplicate products is something many consumers are weary of. As such, the creation of products that consumers are likely to have -- such as furniture -- means that companies need to pay extra attention to altering the visual appeal of these products.
Old Crafts On New Furniture
In-the-Round Knitted Chair
Trend Themes
1. Hand-knitted Furniture - There is an opportunity for companies to collaborate with skilled knitters and create unique hand-knitted furniture pieces that offer a truly one-of-a-kind aesthetic.
2. Craft-based Customization - The popularity of customized crafts and the demand for unique home decor items creates an opportunity for companies to create customizable furniture pieces that can be tailored to individual tastes and offer a personal touch.
3. Retro Design Revival - Retro and vintage designs are making a comeback and there is an opportunity for companies to leverage this trend by incorporating traditional crafts into modern designs, creating a unique and nostalgic appeal.
Industry Implications
1. Furniture Industry - Furniture companies can explore opportunities to collaborate with skilled handcrafters to create handmade and customizable furniture pieces that attract customers looking for unique home decor items.
2. Craft Industry - Craft companies and artisanal collectives can take advantage of the demand for handmade and customized items by offering a range of customized furniture pieces that are not mass-produced, catering to the needs of a specific clientele.
3. Home Decor Industry - Home decor companies can explore the trend of retro and vintage designs and appeal to customers' nostalgia by incorporating traditional crafts into modern designs, creating a unique and timeless aesthetic that sets their product apart from competitors.