PRODUCT PROPOSAL
Project Feasibility (IE 309-IE32S1)
Group 1
Montero, Hyasmin
Remollena, Ivy Grace
Roxas, Ramon Joshua
Tesoro, Paula Geline
Ergonomic Desk
(Proposed Product 1)
Product Concept
This is an object where people find comfortability when starting the idea of
streaming like live streaming, game streaming, even online classes, and working from
home. It provides physical relaxation and avoids experiencing pain by using computers
for a longer time. So, we would like to propose a table that is not wobbly and can carry
equipment such as a monitor, CPU, keyboard, and other accessories needed. It can be
adjustable also based on the table's height you want that can relieve your numbness.
Product Features
A designed ergonomic table with a user focuses and improves the quality of life.
Product Uses
About this item, it has a better gaming experience that provides a professional
equipment setup. Moreover, it is spacious to arrange gaming gear and other stuff in
studying or working according to user’s satisfaction and feeling of comfortable.
Historical Demand (10 Years)
The report covers comprehensive data on emerging trends, market drivers, growth
opportunities, and restraints that can change the market dynamics of the industry. It
provides an in-depth analysis of the market segments which include products,
applications, and competitor analysis.
Contemporary Height-Adjustable Desk Market research report delivers a close watch on
leading competitors with strategic analysis, micro and macro market trend and
scenarios, pricing analysis and a holistic overview of the market situations in the
forecast period. It is a professional and a detailed report focusing on primary and
secondary drivers, market share, leading segments and geographical analysis. Further,
key players, major collaborations, merger & acquisitions along with trending innovation
and business policies are reviewed in the report.
The report includes a plethora of information such as market dynamics scenario and
opportunities during the forecast period. Segments and sub-segments include
quantitative, qualitative, value (USD Million,) and volume (Units Million) data. Regional,
sub-regional, and country level data includes the demand and supply forces along with
their influence on the market. The competitive landscape comprises share of key
players, new developments, and strategies in the last three years. Comprehensive
companies offering products, relevant financial information, recent developments,
SWOT analysis, and strategies by these players.
It is important to know which products are part of the company’s catalogue in order to
follow the same aesthetics and design a similar product.
Knowing the competitors in the field where the product is going to be launched is
important to understand the market. This analysis helps to know what competitors have
and what would be our competence when placing our product in the market and also
trends and development of the rest of the companies in order to get an overview of it.
In order to have the best design for the product is important to take into account some
characteristics of the user and the way he interacts with it. Ergonomics is based in the
study of interactions between the product and the user. Ergonomics works together with
anthropometrics to apply to the products measurements based on the study of the
human body and its movements. [19] The final design is based on anthropometric
charts of children on the age range of 18 up as it is the age range of the users of this
new desk.
Source:
Report/Contemporary-height-adjustable-desk-market
Design of an adjustable table
Historical Supply
This survey that the researchers conducted shows that not all people that stay at home
doing their stuff in front of desktops do not have a conducive workplace area for them to
feel comfortable when working, 76.4% voted for yes, while the rest is 23.6% for no.
78.2% respondents are not comfortable using a typical table only, while 21.8% says yes
for feeling comfy whenever they use that kind of table. Moreover, 9.1% responded that
they are spending less than 1 hour at their desk each day, 58.2% spend 2-3 hours, and
32.7% more than 4 hours. It means there is a lot of people staying at their desk for a
longer time, so we the researchers offer an ergonomic desk that meets the satisfaction
of customers for having a table with high-quality and innovative features.
A lot of respondents consider ergonomic comfort when buying a desk. They do not care
about the size, how good the design is but they look forward to something that can
avoid the pain that they are encountering every day of their lives doing some school and
work stuff, it is because 65.5% experienced upper and lower back pain, while 29.1%
encounter neck pain.
To sum up, our product is something that can provide pleasure to the people who really
want comfort while doing stuff on their own laptops/computers. Guaranteed that they
can work as long as they can and think properly because they do not suffer any pain
like numbness and discomfort from the upper/lower back or in the neck. We all know
that people cannot work and provide a good output when they are experiencing body
pain but 25% of the respondents would pay for innovative features of our high-quality
desk for the cost of P2,500, while 35.7% is on a strict budget, 12.5% like rugged good
looks and support high quality ranging P9,000-P15,000 and 14.3% will get and buy that
table no matter how much is the cost of that as long as it can give the comfortability of
the customer's satisfaction. Among 56 responses, 53.6% or half of them are likely to
purchase an ergonomic desk.
Vending Machines Treasure
(Product Proposal 2)
Product Concept
Plastic products are a staple in our daily lives. We use it for PET bottles for
beverages, containers for food, bags for groceries, and countless many other common
household items. However, our increasing use of plastic bottles also endangers our
environment and our ecosystem.
Product Features
This system significantly reduces the waste we produce and sure is more fun
than simply throwing your bottles in the waste bin.
Product Uses
However, if you like cold, hard cash better than cold, hard candy, here is another
dispenser you might be interested in- the Vending Machine Treasure, which rewards
user’s coins in exchange for their empty plastic bottles.
Product Design Sample
Historical Demand (10 Years)
When compared to glass bottle market shares, PET demand and supply market shares
follow the same trend but with a smaller percentage. PET has a 12 percent market
share gap.
Historical Supply
At the national level, the data reveals an upward trend, with total data points moving in
the same direction. On the other hand, the data reveals a systematic pattern of
consistent and continuing increases in PET beverage sales. This could be due to
population growth, rising per capita income, changes in product design, new product
lines, and other factors. Because the growing trend in beverage sales indicates huge
potential profits, beverage corporations are anticipated to respond by pursuing long-
term investment opportunities.
Aluminum and beverage cans are more expensive to process than plastic. According to
analysis, the raw material cost for a can is approximately 25-30% higher than that of a
PET bottle of comparable volume Consumer convenience is another reason for PET
bottle preference, since plastic bottles may be recapped and reused while PET bottles
can remain open and stay open. Plastic water bottles come in a variety of sizes,
whereas can have fewer options.
Consumer demand may be reduced as a result of increasing pricing; therefore,
corporations can choose to preserve the same profit margins by keeping prices
constant. Furthermore, customer preferences might shift due to a variety of factors,
including consumer population age, sociological trends, seasonal cycles, and economic
volatility. The beverage manufacturer's success depends on their ability to predict and
plan for these consumer preferences.
The study evaluates actual economic activity surrounding PET bottle manufacture by
using per capita PET bottle consumption or supply as an indication of PET growth. If per
capita consumption outpaces population increase, per capita PET bottle usage will
climb. Similarly, if per capita PET consumption and population growth rates are both
constant, the PET sector will remain stable. As a result, the population growth rate is an
important indication for the expansion of the PET bottle sector.
When compared to glass bottle market shares, PET demand and supply market shares
follow the same trend but with a smaller percentage. PET has a 12 percent market
share gap.
Source:
A Feasibility Study of a Modified Deposit-Based
Return System for PET and other Recyclable
Bottles and Containers
Biodegradable Food Packaging
(Proposed Product 3)
Product Concept
An eco-friendly food container/packaging made of natural materials. This product
is for one-time use only and may be discarded along with other biodegradable wastes
that may serve as natural fertilizers.
Product Features
Food packaging is used to transport goods, protect the integrity of the food
product, and also protecting it from pests, bacteria, and etc.
Product Uses
Biodegradable food packaging is everywhere and could be used in different kinds
of ways. This is intended to be used as the packaging of food for take-out and delivery
orders, it could also be used for parties and festival celebrations as an alternative for
dishware.
Product Design Sample
Historical Demand (10 Years)
When it is compared to flexible packaging market shares, demand for paper and board
(Biodegradable) and market shares slowly going down due to less of raw materials that
could be use which is mostly it is made out of woodchips, sugarcane and corn. With the
new product it could boost the demand especially in the Philippines due to the easy way
to get the raw material in our country. The difference of Flexible Packaging and Paper
and Bond is about 23.4% of market share gap.
Also in this article, it is seen that the trend of eco-friendly food packaging has a high
demand incoming futures that future investors are looking for. Since most people are
getting environmentally aware about the situation in the world, the projected CAGR
(Compound Annual Growth rate) due to the trend is around 7.4%.
Historical Supply
For the last two decades, this article the IOSP has fallen or lagged far behind the
interest in AP, which can be attributed to AP providing protection beyond traditional
protection and inert barriers to the external environment; it offers a relatively large
number of possible methods of decreasing food waste and loss. Same as for the SOGP
(Sustainable or Green Packaging) gave a larger demand within does two decades. In
the stability of the trend in biodegradable food packaging is still on the rise.
Source:
Food Packaging: A Comprehensive Review and Future Trends
Philippines’ packaging market to reach 69 billion units at 3.3%
CAGR by 2024, says Global Data
