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href='https://www.trendhunter.com/pro/category/luxury-trends'>Luxury</a><a title='Fashion' data-cat='pro/category/style-and-fashion-trends' class=' thh__catLink' href='https://www.trendhunter.com/pro/category/style-and-fashion-trends'>Fashion</a><a title='Bizarre' data-cat='pro/category/unique-and-bizarre' class=' thh__catLink' href='https://www.trendhunter.com/pro/category/unique-and-bizarre'>Bizarre</a> <a title='DASHBOARD' class='thh__catLink thh__catLink--mobile' href='https://www.trendhunter.com/dashboard'>DASHBOARD</a> <a title='RESEARCH' class='thh__catLink thh__catLink--mobile' href='https://www.trendhunter.com/trendreports'>RESEARCH</a> <a title='KEYNOTES' class='thh__catLink thh__catLink--mobile' href='https://www.jeremygutsche.com'>KEYNOTES</a> <a title='EVENTS' class='thh__catLink thh__catLink--mobile' href='https://www.futurefestival.com'>EVENTS</a> </div> </div> </div><div class='thh__fixedSpacer'></div><div class='thh__shadowCover'></div> </header> <div class='tpt th__pt' > <div class='th__container'> <a class='tpt__subscribe' href='/trendreports'>SAMPLE CONSUMER INSIGHTS - Subscribe to access 10,738 more</a> <h1 class='tpt__h1'>Micro Luxury</h1> <div class='tpt__inner'> <article class='tpt__left'> <div class='tpt__cont'> <div class='tha__tlSquares'><div class='tha__tlSquare'> <img width=110 height=75 src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' class='thai' data-src='https://cdn.trendhunterstatic.com/phpthumbnails/518/518253/518253_1_230c.jpeg'/> </div><div class='tha__tlSquare'> <img width=110 height=75 src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' class='thai' data-src='https://cdn.trendhunterstatic.com/phpthumbnails/542/542049/542049_1_230c.jpeg'/> </div><div class='tha__tlSquare'> <img width=110 height=75 src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' class='thai' data-src='https://cdn.trendhunterstatic.com/phpthumbnails/521/521472/521472_1_230c.jpeg'/> </div><div class='tha__tlSquare'> <img width=110 height=75 src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' class='thai' data-src='https://cdn.trendhunterstatic.com/phpthumbnails/540/540527/540527_1_230c.jpeg'/> </div></div> <h2 class='tpt__h2'>Consumers are investing in affordable luxury products as a cost-benefit analysis</h2> <div class='tpt__body'><b>Trend - </b>Luxury home furnishing brands are releasing more affordable product lines to appeal to a wider range of consumers. These products blend the aesthetics and build quality of luxury brands with more affordable materials to offer products with few compromises, thus appealing to younger consumers.<br /> <br /> <b>Insight - </b>The average Millennial and Gen Z consumers may not have the amount of disposable income required to invest in luxury products in all aspects of their life. However, many such consumers are embracing the 'Micro Luxury' trend, investing in select luxury products that they can afford in areas of life they prioritize. These consumers invest in higher-end furnishings, appliances, or artworks that emulate luxury living on a budget, curbing the need for constant purchases, and leading to money saved.</div> <div class='tpt__wq'><span class='tpt__wqLbl'>Workshop Question</span> - How could your brand ensure its products and services are long-lasting and reliable for consumers on a budget?</div> <div class='tpt__aSecCont'><div class='tpt__aSec'> <div class='tpt__aSecHeading'>Trend Themes</div> <div class='tpt__aSecItems'><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>1. Affordable Luxury - </b>Luxury brands are creating budget-friendly product lines to attract broader consumer demographics.</div> </div><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>2. Selective Indulgence - </b>Consumers, particularly younger generations, are prioritizing investment in high-quality, niche luxury items.</div> </div><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>3. Integration of Modern Technology - </b>Traditional luxury furnishings are being enhanced with cutting-edge features such as wireless charging and app-controlled functionalities.</div> </div></div> </div><div class='tpt__aSec'> <div class='tpt__aSecHeading'>Industry Implications</div> <div class='tpt__aSecItems'><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>1. Furniture Design - </b>The blending of classic elegance with modern functionality creates opportunities for innovative, multi-purpose furniture.</div> </div><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>2. Home Decor - </b>Versatile and personalized home decor products capture the essence of consumers' individual styles and needs.</div> </div><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>3. Smart Home Technology - </b>Combining luxury aesthetics with smart home integrations offers a seamless and sophisticated living experience.</div> </div></div> </div></div> <div class='tpt__data'> <div class='tpt__demos'><div class='thp__demos'> <div class='tha__scoreBox'> <div class='tha__scoreNum'>7.7</div> <div class='tha__scoreLbl'>Score</div> </div> <div class='tha__scoreBars'><div class='tha__scoreLine'><div class='tha__scoreBarLbl'>Popularity</div><div class='tha__scoreBar'><div class='tha__scorePart tha__scorePart--filled' style='width:66%;'></div><div class='tha__scorePart tha__scorePart--empty' style='width:34%'></div></div></div><div class='tha__scoreLine'><div class='tha__scoreBarLbl'>Activity</div><div class='tha__scoreBar'><div class='tha__scorePart tha__scorePart--filled' style='width:68%;'></div><div class='tha__scorePart tha__scorePart--empty' style='width:32%'></div></div></div><div class='tha__scoreLine'><div class='tha__scoreBarLbl'>Freshness</div><div class='tha__scoreBar'><div class='tha__scorePart tha__scorePart--filled' style='width:99%;'></div><div class='tha__scorePart tha__scorePart--empty' style='width:1%'></div></div></div></div> <div class='mapAge__cont'> <div class='demo__ageGender demo__item'> <div class='demo__gender'><span class='demo__male demo__genderBox pngFix'></span><span class='demo__male demo__genderBox pngFix'></span><span class='demo__male demo__genderBox pngFix'></span><span class='demo__male demo__genderBox pngFix'></span><span class='demo__female demo__genderBox pngFix'></span><span class='demo__female demo__genderBox pngFix'></span><span class='demo__female demo__genderBox pngFix'></span><span class='demo__female demo__genderBox pngFix'></span></div> <div class='demo__age'><span class='demo__ageBox demo__baby pngFix'></span><span class='demo__ageBox demo__child pngFix'></span><span class='demo__ageBox demo__kid pngFix'></span><span style='background-color:#000000' class='demo__ageBox demo__ageBox--on demo__youngAdult pngFix'></span><span style='background-color:#000000' class='demo__ageBox demo__ageBox--on demo__middleAge pngFix'></span><span class='demo__ageBox demo__senior pngFix'></span></div> </div><div class='demo__map demo__item pngFix' style='background-position-x:-120px;background-position-y:-474px ;background-color:#000000; '></div> </div> <div class='pmt__cont'> <div class='pattern__cont demo__item'><div class='pattern__title'>Patterns</div><a href='/pattern/convergence' title='Convergence' class='pattern pattern__convergence pattern--active pngFix' ></a><a href='/pattern/divergence' title='Divergence' class='pattern pattern__divergence pngFix' ></a><a href='/pattern/cyclicality' title='Cyclicality' class='pattern pattern__cyclicality pngFix' ></a><a href='/pattern/redirection' title='Redirection' class='pattern pattern__redirection pattern--active pngFix' ></a><a href='/pattern/reduction' title='Reduction' class='pattern pattern__reduction pngFix' ></a><a href='/pattern/acceleration' title='Acceleration' class='pattern pattern__acceleration pngFix' ></a></div> <div class='mt__cont demo__item'><div class='mt__title'>Megatrends</div><a href='/megatrend/hybridization' title='Hybridization' class='mt mt__hybridization pngFix' ></a><a href='/megatrend/experience' title='Experience' class='mt mt__experience pngFix' ></a><a href='/megatrend/catalyzation' title='Catalyzation' class='mt mt__catalyzation pngFix' ></a></div> </div> </div></div> <div class='tpt__stats'> <div class='tpt__statsLeft'> <div class='tpt__statsLine'> <div class='tpt__statsLabel'>5 Featured, 44 Examples:</div> <div class='tpt__statsVal'>86,710 Total Clicks</div> </div> <div class='tpt__statsLine'> <div class='tpt__statsLabel'>Date Range:</div> <div class='tpt__statsVal'>Oct 23 — Sep 24</div> </div> </div> <div class='tpt__statsRight'> <div class='tpt__statsLine'> <div class='tpt__statsLabel'>Trending:</div> <div class='tpt__statsVal'>This Week and Warm</div> </div> <div class='tpt__statsLine'> <div class='tpt__statsLabel'>Consumer Insight Topics:</div> <div class='tpt__statsVal'><a class='tpt__cat' href='/pro/category/modern-art-and-design-trends'>Art & Design</a><a class='tpt__cat' href='/pro/category/modern-art'>Modern</a><a class='tpt__cat' href='/pro/category/home-trends'>Home</a><a class='tpt__cat' href='/pro/category/luxury-trends'>Luxury</a><a class='tpt__cat' href='/pro/category/furniture-design'>Furniture</a></div> </div> </div> </div> </div> <div class='tpt__iframeCont'> <iframe class='tpt__iframe' src='/ci-bubble.svg?ci=545903&scale=0.8'></iframe> </div> </div> </article> <div class='tpt__right'> <a href='https://www.trendhunter.com/megatrends' class='tha__sbb tha__sbb--tr' > Learn to Hunt Ideas <div class='tha__sbbImg thai thai--bg' style='background-image:url("https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg");' data-src='https://cdn.trendhunterstatic.com/i/2023/learn-to-hunt-ideas-and-trends2.png?auto=webp'></div> </a> <div class='tpt__pl'><h4 class='tpt__h4'>Consumer Insights</h4><a href='/protrends/protein-cereal' class='tpt__ciLink '>Protein Cereal</a><a href='/protrends/micro-luxury1' class='tpt__ciLink tpt__ciLink--selected'>Micro Luxury</a><a href='/protrends/controlled-impulse' class='tpt__ciLink '>Controlled Impulse</a><a href='/protrends/cargo-etricycle' class='tpt__ciLink '>Cargo E-Tricycle</a><a href='/protrends/bamboo-construction' class='tpt__ciLink '>Bamboo Construction</a><a href='/protrends/eco-thermostat' class='tpt__ciLink '>Eco Thermostat</a><a href='/protrends/ai-mundane' class='tpt__ciLink '>AI Mundane</a><a href='/protrends/vagus-stimulation' class='tpt__ciLink '>Vagus Stimulation</a><a href='/protrends/branded-oral' class='tpt__ciLink '>Branded Oral</a><a href='/protrends/wearable-acupressure' class='tpt__ciLink '>Wearable Acupressure</a><a href='/protrends/recycled-toiletry' class='tpt__ciLink '>Recycled Toiletry</a><a href='/protrends/titanium-brush' class='tpt__ciLink '>Titanium Brush</a><a href='/protrends/ai-analog' class='tpt__ciLink '>AI Analog</a><a href='/protrends/ai-summary' class='tpt__ciLink '>AI Notetaker</a><a href='/protrends/ai-diagnostic' class='tpt__ciLink '>AI Diagnostic</a><a href='/protrends/ai-upskilling' class='tpt__ciLink '>AI Upskilling</a><a href='/protrends/skincare-pod1' class='tpt__ciLink '>Skincare Pod</a><a href='/protrends/sanitary-gel' class='tpt__ciLink '>Sanitary Gel</a><a href='/protrends/refillable-candle' class='tpt__ciLink '>Refillable Candle</a><a href='/protrends/knit-furniture' class='tpt__ciLink '>Knit Furniture</a><a href='/protrends/decorative-fridge' class='tpt__ciLink '>Decorative Fridge</a><a href='/protrends/female-probiotic' class='tpt__ciLink '>Female Probiotic</a><a href='/protrends/menopause-home' class='tpt__ciLink '>Menopause Home</a><a href='/protrends/seasonal-boba' class='tpt__ciLink '>Seasonal Boba</a><a href='/protrends/calming-care1' class='tpt__ciLink '>Calming Care</a></div> </div> </div> <div class='tpt__relCont'> <h3 class='tpt__h3'>Featured Examples</h3> <div class='tpt__rel'><a data-is='230c' data-id='518253' data-pc='10' href='/trends/luxury-recliner-seating' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Art Deco Recliner Seating' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/518/518253/518253_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Art Deco Recliner Seating</div> <div class='thar__title2'>The Atlanta Recliner Seating Fuses Art Deco Glamour with Modern Living</div><div class='thar__summary'> Coleccion Alexandra’s Atlanta luxury recliner seating collection is a testament to the brand’s commitment to blending timeless elegance with modern functionality. Handcrafted with... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:83%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:17%'></div> </div> </a><a data-is='230c' data-id='542049' data-pc='4' href='/trends/modern-coffee-tables' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Luxuriously Modern Coffee Tables' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/542/542049/542049_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Luxuriously Modern Coffee Tables</div> <div class='thar__title2'>The Adrien Coffee Table by Lemieux Et Cie is Stunning</div><div class='thar__summary'> Lemieux Et Cie, a brand known for its high-end furniture, textile, and home decor offerings, boasts a luxurious modern coffee table that is sure to seamlessly fit into one’s home while also... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:94%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:6%'></div> </div> </a><a data-is='230c' data-id='521472' data-pc='2' href='/trends/byron-reeded-collection' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Premium White Oak Furniture' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/521/521472/521472_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Premium White Oak Furniture</div> <div class='thar__title2'>Restoration Hardware Debuts Byron Reeded Collection</div><div class='thar__summary'> Restoration Hardware, a prominent name in luxury home furnishings, has recently introduced the Byron Reeded Collection, showcasing their commitment to quality and design. This new line, handcrafted... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:64%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:36%'></div> </div> </a><a data-is='230c' data-id='540527' data-pc='3' href='/trends/camaleonda-sofa' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Modular Bubble-Like Sofas' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/540/540527/540527_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Modular Bubble-Like Sofas</div> <div class='thar__title2'>Stella McCartney x B&B Italia Just Dropped the Camaleonda Sofa Collab</div><div class='thar__summary'> The British fashion designer Stella McCartney has once again teamed up with the luxury furniture maker B&B Italia to release a second iteration of the Camaleonda sofa. The original... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:55%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:45%'></div> </div> </a><a data-is='230c' data-id='544381' data-pc='1' href='/trends/pom-pom-at-home' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Multifaceted Luxury Linens' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/544/544381/544381_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Multifaceted Luxury Linens</div> <div class='thar__title2'>Pom Pom at Home Debuts Versatile Bedding for Diverse Aesthetics</div><div class='thar__summary'> Pom Pom at Home, the Los Angeles-based bedding and textile brand, is elevating the sleep experience with its latest collection of premium linens. The new line showcases a range of textures, colors,... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:57%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:43%'></div> </div> </a></div> </div> <div class='tpt__reports'> <h3 class='tpt__h3'>Related Trend Reports & Custom Market Research</h3> <div class='tpt__reportsInner'><a class='tpt__treport' href='https://www.trendreports.com/industry/cosmetics-trend-report'> <img class='thai' alt='Cosmetics Trend Report and Cosmetics Market Research' src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' width=200 height=150 data-src='https://www.trendhunter.com/apps/reports/cimage?i=eyJ0MSI6IkNvc21ldGljcyIsInQyIjoiVHJlbmQgUmVwb3J0IiwiYSI6W3siaWQiOiIxNjIyODQifSx7ImlkIjoiMjQzNjE3In0seyJpZCI6IjI2OTg2NiJ9LHsiaWQiOiIyODU1OTMifV19&s=small' /> <noscript> <img alt='Cosmetics Trend Report and Cosmetics 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