A lavish lifestyle becomes the norm for many young children
Implications - Parents always aim to provide the very best for their children; accordingly, there is a growing market for consumers who want to give their young ones the most lavish lifestyles possible. By creating a variety of luxury items specifically for children, businesses are bringing the concept of “luxury living” to an earlier age group, attempting to build brand loyalty among children as they grow into indulgence-loving adults.
Trend Themes
1. Kiddie Luxury Living - Businesses are creating luxury items specifically for children, bringing the concept of luxury living to an earlier age group with the intention of building brand loyalty among children that grows into indulgence-loving adults.
2. Personalization of Kiddie Spaces - Companies are offering personal and stylish spaces for children that are designed to be highly individualized and unique.
3. Upscaling of Kiddie Furniture and Playsets - Companies are creating elaborate and high-quality kiddie furniture and playsets, providing luxurious options for children and parents alike.
Industry Implications
1. Interior Design - Businesses in the interior design industry can innovate by incorporating the luxury and personalization that young children desire into their products.
2. Toy - Toy companies can disrupt the market by creating high-quality, elaborate, and personalized playsets and toys for children.
3. Real Estate - The creation of personal and stylish spaces for children can inform designers and developers in the real estate industry to consider the needs and desires of young children in new construction, home design, and residential amenity offerings.
4 Featured, 30 Examples:
1,134,566 Total Clicks
Date Range:
Apr 10 — Apr 11
Trending:
Warm
Consumer Insight Topics:
