Cosmetic rituals are evolved to become dual-purpose
Implications - Consumers are constantly looking for new ways to improve everyday rituals, which is being addressed with multipurpose manicures that boast unexpected attributes. As product markets continue to be intermixed, the re-purposing of an otherwise ordinary product or ritual lures consumers with the promise of more than just aesthetic value.
Trend Themes
1. Multipurpose Manicures - Consumers have an increased demand for multipurpose manicures that have unexpected benefits beyond aesthetics.
2. Tech-infused Manicures - Nail industry entrepreneurs have integrated tech to create wearable services and sensor manicures that track customers' behavioral techniques and provide bio feedback.
3. Functional Beauty - The beauty industry has shifted towards functional beauty, offering cosmetic products that serve multiple purposes beyond the traditional aesthetic value they provide.
Industry Implications
1. Beauty Industry - Entrepreneurs in the beauty industry can innovate by developing multipurpose products that combine aesthetics with supplementary functions.
2. Wearable Industry - The wearable industry can expand its offerings by integrating style and design into wearable tech, creating innovative products that serve dual purposes.
3. Health Industry - The health industry can benefit from these innovations by incorporating sensor and biofeedback technology into products and services to help track habits and promote good health practices.
