Modern solutions eliminate waste to make self-sufficiency feasible
Implications - While green alternatives and decreased carbon emissions satisfy many, a growing movement amongst consumers looking to eliminate waste completely is taking precedent. Multifunctional housewares that reuse resources over and over speak to the nature-minded consumer that's looking to decrease dependency on modern conveniences to become self-sufficient sooner than later.
Trend Themes
1. Zero Waste Living - The growing movement towards eliminating waste completely is influencing the development of multifunctional housewares that reuse resources over and over and creating opportunities for businesses to create zero waste products.
2. Sustainable Home Design - Designs that incorporates sustainable systems such as geothermal heating and cooling, rainwater harvesting and renewable energy sources are becoming popular and creating opportunities for architects and home builders to incorporate these features into their designs.
3. Eco-friendly Plumbing - Recirculating eco faucets that save water and use filtration systems are becoming popular, creating opportunities for businesses to develop efficient plumbing fixtures that save water and energy.
Industry Implications
1. Green Home Solutions - With the rise of sustainable home designs, businesses specializing in green home solutions such as solar panels, rainwater harvesting systems, and geothermal heating and cooling will see an increase in demand.
2. Home Furnishings - As multifunctional, space-saving and self-sustaining furniture and housewares become increasingly popular, businesses in the home furnishings industry will have an opportunity to innovate and create products that cater to the needs of eco-conscious consumers.
3. Plumbing and Fixtures - Eco-friendly plumbing and fixtures that are water-efficient and energy-saving are becoming increasingly sought after by consumers, creating an opportunity for businesses in the plumbing and fixture industry to develop innovative products that meet sustainability needs.