Reuse is more important than ever thanks to the credit crunch
Implications - Recycling has been a monumental part of the environmental movement for a long time, however, during the credit crunch, reusing old materials for new products is more prevalent than ever. Upcycled products come in every genre, from arts and crafts, to home decor and even fashion.
Trend Themes
1. Upcycling - As consumers look to reduce their carbon footprint on the planet, upcycling or repurposing old materials into new products has become more prevalent.
2. Recycling Innovation - With eco-conscious consumers on the rise, products manufactured from natural or upcycled materials are in demand, giving rise to innovative recycling practices and initiatives.
3. DIY Culture - DIY artifacts are appealing to many individuals as this gives them a sense of empowerment; companies that allow buyers to feel in control and valued of the design process will find success in the growing DIY culture.
Industry Implications
1. Upcycling Industry - The upcycling industry is on the rise, as more companies turn to alternative methods of production and repurposing of materials to appeal to environmentally conscious consumers.
2. Recycling and Waste Management Industry - As new and innovative recycling practices and initiatives arise, there is a growing need for professionals in the recycling and waste management industry that can help address the global waste crisis.
3. DIY Market - With the rise of the DIY culture, companies that cater to the DIY market have the potential for growth and success, as consumers look for ways to customize and take control of their product design process.
12 Featured, 66 Examples:
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Date Range:
Apr 09 — Jun 09
Trending:
Warm
Consumer Insight Topics: