How WGSN helped innovate LG’s new design strategy

The engagement
With consumer needs at the forefront of LG’s product design process, the team required a design innovation strategy for increased customisation of home appliances, tapping into interior trends and future consumer preferences.

With the guidance of WGSN Mindset, LG launched the LG Objet Collection, which offers a range of high-quality materials and sophisticated colours that can be mixed and matched, heralding a new era of personalised appliances, winning numerous awards - including the Red Dot Design Award.


“It’s always a great pleasure working with WGSN. Their expertise on the latest and emerging trends are constantly on-track, providing vital inspirations and directions to run our projects.”
Head of CMF Design, LG

Trend Confirmation
— The Sleep Tech Boom

In 2016, WGSN identified early signs of interest in sleep tech, highlighting key product opportunities at their emerging stage. As attitudes towards sleep evolved and science and technology advanced, sleep tech moved into the spotlight for brand strategy, marketing and product launches, with the global sleep market estimated to be worth $585bn by 2024.

2016

In our Design Futures: Smart Sleep report, WGSN outlines the early movers in the sleep tech space – then valued at $7.1bn in the US – and highlights product opportunities for innovators, including sleep audio, night light devices and wearable tech.

2019

Attitudes towards sleep evolve as consumers prioritise wellness and obsess over productivity. Sleep tech moves more mainstream, influencing brand activations, which we analyse in The Sleep Economy: Shifts & Strategies report. The sleep economy is estimated to be valued at $40bn, up 8% YoY.

2020

Sleep tech takes over the show floor at CES, the world’s leading tech trade show. Our CES: Home & Lifestyle trends report identifies the most important product launches taking the trend mainstream, including intuitive lighting, smart mattresses and smart beds.

2021

As consumers worldwide experience loss of sleep exacerbated by the pandemic, interest in full-body health and better ways to sleep are at all-time high. In our Intelligence: The Sleep-Tech Opportunity report, WGSN explores how the trend has hit the mainstream, with market makers moving in, such as Google’s Nest Hub, which incorporates radar-based sleep tracking.

2022

Our Key Trend: Comfort Tech report highlights how sleep tech is becoming more integrated with other smart technologies around the home. WGSN details how digital health monitoring trends, such as tracking heart rate and body temperature via biometric measurements, are interconnected with sensory stimulation enhancement, via aural, light and colour therapy, that work in harmony to improve quality of sleep.

What's next?

Breakthroughs in neurotechnology and mental health are driving a market for sleep enhancers that leverage neurostimulation and sensory cues to improve sleep behaviours. Brain-wave sensing technology, circadian health, AI algorithms and smart sensors are paving the way for new sleep tech products to aid full-body health and better sleep through multidimensional sensory cues such as lighting, scent, sound and touch.

How WGSN forecast and track trends

Meet some of the people
behind WGSN

Lisa Yong
Director,
Consumer Tech
Lisa’s knowledge of macro trends, market needs and consumer expectations drive her role at WGSN, where her critical thinking brings clarity and intent to content direction. Her team delivers future-forward insights that enable clients to gain a competitive edge in business strategies.

Lisa has over 20 years’ global experience working with major tech corporations and nascent start-ups, including Samsung, Microsoft and Sonos. Her expertise covers automotive, consumer electronics, food technology, robotics, Internet of Things, travel and hospitality, health and wellness.

A keen traveller and foodie, Lisa is based in San Francisco and plans to explore as many UNESCO World Heritage sites as possible.
Neo Ping Analyst,
Consumer Tech
Ping’s involvement in tech communities and his lifelong appetite for all things technology has given him a unique understanding of consumer sentiment in the sector. His work unearths emerging trends and reveals grassroots insights into the latest and latent technologies.

He has contributed to content marketing for companies of various scales, from seed-funding startups to global agencies, including brands such as Adobe and Google.

Ping enjoys embroidery, blaring hip-hop music and indulging in a pint of ice-cream - preferably all at the same time.
Helen Sac Consultant Director, APAC, Mindset
As leader of WGSN’s consultancy business in Asia Pacific, Helen works hand in hand with our most valued clients to develop bespoke solutions that enable insight-driven creativity and strategic growth.

Based in Australia, Helen has lived and worked in the UK, Europe and Asia, developing a unique global perspective across continents and cultures. A seasoned speaker, she has presented at fashion weeks, industry events, conferences and trade shows around the world.

Filled with curiosity and a sense of adventure, Helen is currently obsessed with #slowcraft and adventures with four-legged friends
Debbie Yong Senior Strategiest,
Insight
As a regional expert on the WGSN Insight team, Debbie tracks emerging trends in branding, retail and marketing and shifts in consumer behaviour in APAC, which she translates into actionable strategies in order for companies to target this highly sought-after demographic.

A bilingual journalist who has lived in the US, UK and China, Debbie has 15 years of experience writing for global business and luxury publications, and most recently led content strategy in Asia and the Middle East as editorial director for a heritage French brand. She is regularly invited to speak on industry panels and in the media, including two recent Netflix documentaries.