The macro trend of Healthier Living is directly related to the Personal Improvement market. With a focus on personal improvement, companies are able to charge premium prices for products that help people improve their lives. A recent Slingshot series explores the Healthier Living market. All-natural products, for example, are often sold at a premium. And consumers are willing to pay these premium prices. In this piece, we’ll explore three macro trends in the lifestyle industry.
Healthier living
The healthcare industry is being reshaped by new players, including Amazon, CVS, Walgreens Boots Alliance, and Walmart. Disruptive companies are making their mark on the industry by simplifying the treatment process, expanding their product offerings, and becoming licensed insurance brokers. Consumers are also demanding more personalized experiences, and these are key drivers of growth. The future of healthcare is here to stay, and these trends are set to continue.
Natural, organic, and healthy products like bali kratom are seeing significant growth. From 2013 to 2019, sales of these products will grow by 64%, four times faster than mainstream CPG. Discover the latest trends that will impact the future of your business. Discover the latest trends, including more health-conscious consumers, and develop a game plan that works for you. The future of healthy living is bright – start today. Explore the macro trends in the lifestyle industry for healthier living
Connected home life
One of the biggest macro trends in the lifestyle industry is connected home life. This trend has its origins in three major cultural forces that are changing the way we live. These trends can be further broken down into nuanced trends that indicate industry innovation. In this article, we’ll look at three of those trends. In each case, we’ll describe one in more detail. Let’s begin with the first one, connected home life.
A recent report from BI Intelligence examines the connected home market and forecasts shipments and revenue growth for connected home devices over the next five years. The report also identifies the key challenges to unlocking growth for this sector, as well as the potential benefits. Connected home devices are rapidly becoming a staple of modern life, with nearly half of broadband households implementing a variety of smart devices.
Urban living
Macro trends are global influences that influence consumer behavior and lifestyle positions. When identified early, they provide opportunities for brand positioning, consumer approach, and product creation. Macro trends are developed by multidisciplinary research and observation of consumer behaviors and lifestyle positions. They predict what consumers will purchase and consume in the next one or two seasons. Using these trends will help brands and retailers identify emerging consumer trends and develop a product or brand that meets their needs.
The lifestyle industry is no different. Whether your product is fashion, food, and design, you’ll benefit from a clear understanding of these trends. Macro trends affect everything from the culture of a nation to the consumption habits of its citizens. By identifying and tracking them, brands can develop innovative products and services, and create deep connections with consumers. The following are just a few of the most important trends influencing the lifestyle industry:
Personal improvement
If you’re considering making some changes in your life, it may be beneficial to explore the macro trends in the lifestyle industry for personal improvements. In today’s fast-paced world, many people are too busy to devote adequate time to evaluating their strengths and weaknesses. However, they can benefit from personal development programs, which include communication skills and behavioral change. With the help of macro trends, you can identify the best practices for personal improvement and tailor-make your own plan.
Telehealth
Telehealth has become an integral part of our lives, and it is becoming an increasingly popular way to access healthcare, as more people are seeking out the convenience and cost-effectiveness of a telehealth consultation. In order to make this technology more accessible to everyone, the Centers for Medicare and Medicaid Services (CMS) have made it easier for Medicare beneficiaries to receive medical care through telehealth. Beginning in 2020, Medicare will even pay for telehealth visits.
Healthier Living: This macro trend relates directly to telehealth. It has a strong connection to personal improvement and is a good opportunity to charge a premium for products that improve people’s health. It’s no surprise that many people are happy to pay for all-natural, organic products. However, if you’re wondering how to make the most of telehealth in your practice, keep reading to learn more about this rapidly growing industry.
