Varying attributes of modern interior design features, like fire places
Implications - The vast difference in fireplace designs being created today are a reflection of the diversification of homeowner designers. Some cater to small space living, some are intended to make dramatic aesthetic statements while others offer extended functionality, such as iPod compatibility.
Trend Themes
1. Smart & Eco-friendly Designs - The home decor industry is heavily influenced by the environmental movement, and companies that produce energy saving, environmentally friendly versions of commonly bought goods are seeing a great deal of buzz and profit.
2. Artistic Flair in Home Features - Home features such as fireplaces have become a focal point of the room, and by adding an artistic flair, the focal point has managed to become a reflection of the homeowner and their tastes.
3. Portability for Convenience - Products that can be easily transported from place to place meet the needs of today's busy consumer, and it also helps if the product is stylish, since today's on-the-go consumer is more style-conscious as well.
Industry Implications
1. Home Decor/ Interior Design - These trends are heavily influenced by the home decor/ interior design industry, which is constantly evolving with consumer preferences and emerging technology.
2. Luxury Goods - Specific clientele within society today relish in high-end and luxury products, and they are likely to invest large sums of money in a wide range of products that are reflective of their own personal wealth and status within society.
3. Outdoor Living & Entertainment - Spending more time and money on outdoor spaces has been a growing trend for a while now, and fire pits and fireplaces are a huge part of outdoor décor.
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Date Range:
Jan 08 — Sep 08
Trending:
Warm
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