Core Insights - The rise of emotional consumption reflects a shift towards prioritizing emotional satisfaction and psychological comfort in purchasing decisions, driven by a desire for happiness and self-fulfillment [1][2][3] Group 1: Emotional Consumption Trends - Emotional consumption is becoming a new trend, characterized by purchases that provide emotional comfort and joy, such as unique collectibles and experiences [1][2] - The emotional economy in China reached a market size of 2.3 trillion yuan in 2024, with projections to exceed 4.5 trillion yuan by 2029, indicating significant market potential [3] - A report highlights that over 90% of the "Z Generation" recognizes emotional value in consumption, with 44.8% focusing on quality upgrades, showing a trend towards meaningful experiences rather than mere materialism [2][3] Group 2: Market Dynamics and Consumer Behavior - Emotional consumption is no longer limited to younger demographics; it has evolved into a mainstream necessity, showcasing vast market potential [3] - Consumers show a preference for original and innovative products while rejecting homogenized offerings, emphasizing the need for brands to focus on emotional value [3] - The integration of emotional value into various sectors, such as traditional industries and social platforms, is essential for creating new consumer experiences and avoiding market saturation [3][4] Group 3: Future Directions and Recommendations - Companies should enhance brand leadership and invest in new technologies to innovate traditional industries while avoiding excessive marketing [3] - Creating diverse and immersive consumer experiences that blend various sectors, such as entertainment and tourism, can drive consumption growth [3] - Regulatory measures are necessary to ensure a fair market environment by addressing false advertising and substandard products [3]
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Jing Ji Ri Bao·2026-01-10 22:01