Trend Forecasting 6008 by Milda Bendoriute TREND FORECASTING 6008 Milda Bendoriute | Page 6

GENDER NEUTRAL MARKET Gen Z are more open about gender binary shopping as only 44% say they buy clothes restricted by gender. (WGSN, 2016) Gen Z is more familiar with gender-neutral pronouns. (percentage of people who said they personally know somebody who wants to be referred in a gender-neutral pronoun). “Currently, the demand for more diverse representations is high but supply is low. Brands that put this message at the core of their business will win the support of consumers who don’t want to limit their identity or self-expression to the confines of traditional gender stereotypes.” (Mintel, 2018) TECH MARKET The number of wearable devices worldwide is ex- pected to be over 1 billion with the highest num- ber of users in North America and Asia. (Statista, 2019) 6 “Interest in VR peaks among young male shoppers who tend to be most familiar with the technology due to its use in gaming.” (Mintel, 2017) The Internet of Things expenditure worldwide is projected to be 1 trillion USD in 2022 (Statista, 2019) Quarter of shoppers are interested in the use of VR while shopping for clothes and shoes online. (Mintel, 2017)