Advances in small space innovation reflect increasing urbinization trends
Implications - As people move into metropolitan cores, and architects are forced to build upward, people are needing to adapt to smaller living spaces. To ease the transition of shifting to more compact home environments, architects and designers are innovating interior layouts as well as creating adaptable furnishing.
Trend Themes
1. Small Space Innovation - Innovation in interior layouts, adaptable furnishings and compact multifunctional furniture is crucial to assist consumers with optimization of smaller living spaces in compact urban settings
2. Flat Pack Furniture - The flat pack furniture concept with unique home decor items and designs, offers consumers a diversity of eco-friendly, inventive and space saving products for small space living environments
3. Miniaturized Multifunctional Furniture - Miniaturized multifunctional furniture that accomplishes maximum amount of tasks is necessary to accommodate the surge in population in city centers with compact living spaces, offering consumers creative, practical and functional products for small space living environments
Industry Implications
1. Interior Design - Innovation in interior layouts, adaptable furnishings and unique home decor designs will have an important impact on the interior design industry
2. Furniture Industry - Flat pack furniture, creative furniture design for cramped urban living and miniaturized multifunctional furniture that saves space are disruptive innovation opportunities for businesses in the furniture industry
3. Consumer Electronics Industry - The development of wall-mounted DVD players, the rise of connected kitchens and home systems will provide innovation opportunities for businesses in the consumer electronics industry to provide products that save space and provide functionality in smaller living spaces
11 Featured, 1 Examples:
467,694 Total Clicks
Date Range:
Jan 08 — Oct 08
Trending:
Warm
Consumer Insight Topics:
