{"id":104207,"date":"2021-05-19T15:13:19","date_gmt":"2021-05-19T13:13:19","guid":{"rendered":"https:\/\/www.area-arch.it\/en\/?p=104207"},"modified":"2021-05-19T15:19:19","modified_gmt":"2021-05-19T13:19:19","slug":"technological-innovation-in-the-luxury-homeware-sector","status":"publish","type":"post","link":"https:\/\/www.area-arch.it\/en\/technological-innovation-in-the-luxury-homeware-sector\/","title":{"rendered":"Technological innovation in the luxury homeware sector"},"content":{"rendered":"

Since the outbreak of COVID-19 over one year ago, the world has become a different place. The pandemic\u2019s ongoing presence has created a level of uncertainty that has disrupted daily life and impacted many sectors of the economy. The prospects for top home luxury categories, especially premium home appliances, high-end furniture and designer interiors, are looking exceptionally positive in 2021.
\nIn a recent Luxury Institute survey of Global Luxury Expert Network (GLEN) members and a select group of premium and prestige brand leaders, there was a consensus that the luxury homeware and products market is set for a very good year. 56 percent of participants agreed that the home appliance sector will make gains on the back of innovation\/technology driven upgrades, while 68 percent concurred that home furnishings will flourish as more people seek to customize their spaces in the stay-at-home era. And almost all survey respondents (96 percent) expressed confidence in the continued ascendance of the health and wellness sector thanks, again, to new technologies\/innovation.
\nA great example of the innovation that is pushing growth in the home appliance sector is LG SIGNATURE<\/strong>, an ultra-premium brand known for its pioneering technologies and design. Another company unafraid to try new things, Italian designer-furniture maker Molteni&C is representative of the home furnishing category\u2019s continuing success, which is being fueled in part by the greater attention people are affording their living environments in the time of the pandemic. At the same time, the health and wellness sector\u2019s strong performance is having a flow-on effect in the area of home interiors, where technology and design innovation are meeting the rising demand for safer, healthier homes.
\nWhile the pandemic and resulting shift to a home-based lifestyle are significant factors, innovation is without doubt the most essential ingredient in creating a real luxurious and comfortable way of life at home. New and upgraded technologies and designs are proven to deliver value and make time spent indoors much better on a number of levels. And it\u2019s not just technology-focused companies that are bringing meaningful innovation to the table, but premium furniture and lifestyle brands as well.<\/p>\n

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Innovation in Home Appliances: Boosting Synergy with Technological and Design Innovation<\/strong><\/h4>\n

The luxury household appliance market is expanding as the demand for innovative home electronics products continues to rise. Embracing innovation in everything it does, LG SIGNATURE has developed a strong reputation among the world\u2019s most discerning consumers for products that maximize quality-of-life through the harmonious blend of art and technology. LG SIGNATURE preserves each product\u2019s unique essence with its outstanding core technologies while eliminating any unnecessary elements to achieve the perfect balance between aesthetics and functionality.
\nInnovative technologies and designs are applied throughout the brand\u2019s premium lineup to enhance performance, ease-of-use and visual appeal.<\/p>\n\n