Consumer Goods

TrendSights: Cocooning

  • CAN376852
  • 1 Pages
  • March 2013
  • Consumer Goods
Summary
Consumers are using their homes as a base for comfort, safety, and heightened enjoyment, as well as viewing their homes as a safe retreat. This is a pertinent enabler in promoting product usage in the home environment (reinforcing usage relevance and providing more creative usage tips).


Synopsis
- Pinpoints key marketing and innovation "platforms" that can be employed to entice new product trial and shows how they relate to "on-trend" examples.

- Uses a unique blend of consumer and innovation insight to show how consumers' desire for cocooning can be met.

- Contains examples from across the food, non-alcoholic drinks, alcoholic drinks, personal care, household care, packaging, and retail spaces.

- Contains exclusive segmentation using proprietary research to identify a consumer group, hardcore cocooners, allowing for more effective targeting.

ReasonsToBuy
- To what extent do global consumers seek at-home, professional-grade products across the major fast-moving consumer goods sectors, and why?

- What is the Cocooning sub-trend? How does it impact consumers? What will it mean for core product and marketing innovation in my sector?

- How can packaging and digital media capitalize on the sub-trend to entice consumers into consuming an out-of-home product at home?

Key Highlights
Consumers are increasingly value-conscious, with 67% questioning what value means to them since the economic downturn. Visits to salons, takeaways, and restaurants are all out-of-home activities that consumers have cut back on, owing to the continued global financial crisis.

Consumers want their home to reflect themselves and 56% state that compliments about their home create feelings of pride. They are also cooking at home more, with the majority, 63%, stating that they enjoy cooking and or preparing food.

Data provided in easy-to-use tables in Excel
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