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Trend Korea 2022
Trend Korea 2022
Description
Book Introduction
A word from MD
The coming year 2022, TIGER OR CAT
"Trend Korea 2022," established as Korea's leading trend book, selects trend products for 2021, analyzes consumer needs, and forecasts the 2022 business market.
We present 10 trending keywords that you will find more relatable and interesting the more you read them, such as 'Right Living Routine' and 'Rustic Life'.
October 19, 2021. Economics and Management PD Kang Min-ji
TIGER OR CAT
May 2022 be a year that roars as powerfully as a black tiger.

“What doesn’t kill us makes us stronger.”
Nietzsche said.
Even through nearly two years of pandemic, we have continued to live, and despite the pain and despair, we have not lost hope for the future.
The groundbreaking and unstoppable advancement of technology is actually bringing the world we dream of even closer to reality.
As we prepare for "With Corona," a wise way to coexist with this unprecedented pandemic, we are now growing stronger.
To celebrate the Year of the Black Tiger, Seoul National University's Consumer Trend Analysis Center has chosen 10 keywords with the rhyme "TIGER OR CAT."
How well will you navigate the pandemic crisis? How will you adapt to the needs of consumers, who evolve faster than businesses? And how will you win the hearts and minds of voters? Will you be a roaring tiger or a cat?
We are all at a crossroads.
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index

introduction
Top 10 Consumer Trend Keywords for 2022

1 2021 South Korea
Prelude to a Reversal 27
Restoring Daily Life 51
Time to Find Me 75
The Best Time to Innovate 95
The new market 117 is rapidly approaching

Trend Korea's Top 10 Trend Products of 2021

2 2022 Trends
Transition into a 'Nano Society' Nano Society 168
Incoming! Money Rush 194
'Gotcha Power' 220 points
Escaping the Concrete Jungle - 'Rustic Life' Rustic Life 246
Revelers in Health - 'Healthy Pleasure' Healthy Pleasure 274
Opening the X-Files on the 'X-teen' Generation X-teen is back 300
Routinize Yourself 326
Connecting Together through Extended Presence Presence Tech 354
Actualizing Consumer Power - 'Like Commerce' 378
Tell Me Your Narrative Narrative Capital 404

Week 434
Appendix 450

Detailed image
Detailed Image 1

Into the book
Perhaps because tigers are an animal closely related to our people, there are many proverbs and sayings that mention tigers.
Among them, my personal favorite phrase is 'An eagle stands like it's sleeping, and a tiger walks like it's sick.'
“The falcon sits as if it is sleeping, and the tiger walks as if it is sick,” meaning that the falcon usually relaxes to let its prey down.
Of course, when the opportunity arises, it quickly transforms into a leopard and catches its prey.
The word 'pyobyeon', which means to change suddenly, is also related to tigers.
Tigers and leopards shed their fur diligently as winter approaches. After they shed their old fur, they look so different from before that you have to open your eyes wide to tell they are the same tiger.
Even though 2022 may seem like a slow year, perhaps a bit sluggish due to the aftermath of the COVID-19 pandemic, I hope we can seize opportunities like a tiger when they arise.
To do that, you have to change without fear, like a tiger shedding its fur.
--- p.
11

“When I eat one, my boyfriend eats two or three…
“When we first started dating, I thought splitting the cost was a good idea, but I guess I wasted my time creating a dating account.”
This is a post about concerns that was posted on an online community.
A dating account is an account created jointly by a couple to share dating expenses equally, but there has been controversy over whether this account is truly fair.
For the older generation, who have a strong belief that “men pay for dates,” the very idea of ​​a dating account is unfamiliar, so the debate over “Is it fair to pay the same amount when you ate less?” is even surprising.
This is a case that clearly shows how sensitive the younger generation is to fairness these days.
--- p.39

“Life, uh…, finds a way.”
This is a famous line from the movie Jurassic Park.
In order to control the park, only female dinosaurs were restored to prevent reproduction, but when eggs were discovered in a natural state, the protagonist Ian Malcolm (Jeff Goldblum) asked the scientists, “Is natural reproduction possible in a group of only females?”
His thoughts turn out to be correct, as it is confirmed that dinosaurs underwent sexual mutations for reproduction.
This statement is actually a philosophy that runs through the film.
Life is, and life is uncontrollable.
The lives of South Korean consumers in 2021 were similar.
I tried to find a way to somehow get back to normal.
It was a year in which the COVID-19 pandemic severely restricted not only food, clothing, shelter, but also work and play, but people somehow found ways to circumvent it.
If 2020, the year the COVID-19 pandemic began, was a year of struggling to adapt to a suddenly changing situation, 2021 was a time to respond to those changes and seek alternatives.
In a situation where it was difficult to expect an 'After Corona AC,' citizens naturally pursued a 'With Corona WC,' lifestyle.
--- p.
51

The trend these days is that you don't know my trend.

This is the word that most concisely expresses the recent trend.
A trend that can be defined as “a majority consensus that persists for a certain period of time” has recently been showing fundamental changes.
The range of sympathizers has been greatly reduced and their duration has also become shorter.
Trends are no longer a large, shared flow felt by everyone, but rather like small tributaries that branch off and converge in small units before spreading out again.
In a nano-society where the traditional 'consciousness of ourselves', which was formed around the reference group to which one belongs, is being reorganized around tastes, trends are becoming more detailed, diverse, and faster.
--- p.
171

These days, people's extravagant spending habits are unusual.
The American magazine Fortune introduced the term 'HENRY High Earner Not Rich Yet' in 2003, 20 years ago, to refer to young people who are always short on money despite their annual salary of hundreds of millions of won.
This refers to a generation that has high salaries from well-paid jobs with high education, but is unable to accumulate wealth due to a luxurious lifestyle, student loan repayments, and high rent.
This term really captures the reality of millennials, who spend most of their income on maintaining a high standard of living and are therefore unable to save a lot of money.
In order to maintain their current lifestyle, they have to work constantly to earn money, like a hamster on a wheel.
If I were to suddenly quit my job today, my income would be cut off immediately, as I would have almost no accumulated assets.
--- p.
209

In "Trend Korea 2022," we refer to the ability of consumers to obtain products that cannot be obtained through payment alone as "saving power."
The word 'deuktem' was originally created in gaming culture.
When you get a game item you want, the word 'deuk-tem' is expressed by combining the character 'deuk' (得) from 'get' and the character 'tem' (item), but it is now used as an expression to replace shopping.
The growing importance of acquisition power goes beyond the mere fact that "the number of limited-edition products that are difficult to obtain has increased," signifying the birth of a new market in which the concept of product scarcity is changing.
Furthermore, the power of acquisition carries contemporary significance in that consumers' means of differentiation are expanding from the ability to pay to the ability to acquire rare items or experiences.
--- p.
223

As more and more modern people seek out their own little rice paddies and healing spaces, the 'countryside' is becoming 'hip'.
The countryside is no longer a backward and outdated place, as the word "rustic" implies.
For city dwellers who sometimes find even ordinary daily life burdensome, the countryside presents an attractive space that offers a leisurely experience that transcends boredom and offers a raw experience that overcomes inconvenience.
In today's world where urban life has become the norm, the countryside stands in stark contrast as a space of the extraordinary and romantic, a special hideaway of one's own.
Furthermore, living in the countryside is not a life of seclusion or isolation suitable only for the elderly, but rather a time of recharging needed by people of all ages.
This rural lifestyle does not only refer to moving to the countryside, returning to the mountains, or moving to the countryside to completely leave the city or to become disconnected from it.
Rather than completely leaving the city for the countryside, it refers to a new trend of escaping the city life a little and adding a simple 'countryside' feel to life by practicing 'Odoichon (五都二村)' or 'Sadosamchon (四都三村)', where one stays in the city for 4-5 days a week and then visits the countryside for 2-3 days.
--- p.
249

The market needs to keep an eye on the 'early care syndrome' among young people who are good at prevention.
Early Care Syndrome is a new term that refers to the rapid increase in the number of people in their 20s and 30s taking preventive measures against various health problems that were previously a health concern for the older generation.
A representative example is hair loss management.
Hair loss, which was once a real concern for those in their 40s and older, is now recognized as something that needs to be managed in advance by the 2030 generation.
In fact, the consumer base for anti-hair loss shampoos, which used to be dominated by middle-aged consumers in their 40s and 50s, is expanding to include those in their 20s and 30s. According to CJ Olive Young, sales of hair loss-related products are rapidly increasing by 40% annually, with women in their 20s accounting for the largest proportion of customers.
Meanwhile, the increase rate of patients visiting hospitals due to high blood pressure over the past five years was also highest among those in their 20s.
In this way, the younger generation these days is actively making efforts to prevent diseases that affect older generations by visiting hospitals in advance.
--- p.
296

In the industry, there is a saying that attracting high purchasing power and loyal customers is the 'cheat key' (a secret key known only to the creators in computer games) that ultimately determines the success of a business.
Although the MZ generation is the fastest to try new services, the power of Generation X is needed to establish them in the market.
Extin is also behind the success of Market Kurly, which has established itself as an online shopping mall that threatens large distributors in just 5-6 years since its launch in 2015.
According to the "2021 June Food Dawn Delivery App Trends" released by WiseApp, users in their 40s (35.4%) and 50s (23.1%) account for more than half of all Market Kurly users.
--- p.
316

Paradoxically, increased freedom in daily life increases people's anxiety.
People are more likely to feel stressed in an unstructured daily life.
Those who begin to question whether they are managing their time well look at the time that passes by without a second thought with anxiety and impatience.
The feeling that I am the only one falling behind, the anxiety that I am the only one not doing well, is what makes me uncomfortable.
People who have lost their sense of control move in a direction that seeks to reaffirm their sense of control.
I want to transform into a healthy lifestyle routine and confirm that I can control my life by practicing a structured lifestyle.
--- p.
345

In the movie “The Matrix,” which declared, “The Matrix is ​​everywhere,” the virtual world Matrix, which exists in contrast to reality, was created for the purpose of isolating reality.
On the other hand, the 'metaverse', which has emerged as a global trend, refers to a virtual world, but it guarantees a richer and more meaningful reality for consumers by supporting and enhancing reality.
--- p.
370

Everyone has probably had the experience of visiting a friend or acquaintance's social media feed or community and finding a product they were interested in and purchasing it.
We no longer buy products because we need them or because we see ads on TV or in magazines.
'Social feeds' are becoming the first window for product discovery.
Instead of making time to 'go shopping', it has changed to 'always shopping'.
As a result, consumers' purchasing processes are moving away from traditional decision-making models and forming new ones.
--- p.
397

The point is that the moment a company has a powerful narrative, its stock price can soar through the roof even for a company with meager sales at the moment.
It's not just the stock market.
Even in the realms of business and politics, when you present your own narrative, you immediately attract strong public attention.
The power of narrative is powerful.
The COVID-19 pandemic won't end when the virus is completely eradicated.
It ends when the narrative that “we can now live a normal life despite the virus” gains sympathy from society as a whole.
In this sense, narrative plays a powerful yet invisible role as capital in modern society, and so we propose the keyword "narrative capital" as the final trend of "Trend Korea 2022."
Narratives have the power to unite people and inspire action.
--- p.408

Publisher's Review

The World of 2022 as Seen Through Trend Korea
In a world where families and communities are fragmented, those who must take responsibility for themselves are all-in on the pursuit of money (money rush) and the "gain" of showing off their wealth.
Some people enjoy a rustic life, finding solace in the countryside, and others find small confidence and subtle happiness in living a proper lifestyle.
I sing along to the Generation X song, "Don't Worry, My Dear," and think of my young, old-fashioned boss at work.
I saw a meal kit and cosmetics on my friend's social media and they looked good, so I just bought them.
It's too much of a hassle to go to a separate shopping mall.
I should also eat wild ginseng and figs, which are good for the body.
I'm on a diet, but I still eat ice cream.
It's low in calories so it should be fine.
Today, the news is full of talk about the presidential candidates.
I don't know who is who.
It seems like they don't have a story of their own that comes to mind.
Before going to bed, I go to 'Rosie's' Instagram, check out her daily life, and like it.
I found out recently.
That he is a virtual human.
But it doesn't matter.
Because we have the same worldview.
Even though I work from home, I set an alarm to match my commute time.
I feel comfortable living like this, with a routine.


[Trend Korea] asks
- Annual salary of 100 million won.
Why are you always HENRY (High Income Not Rich Yet)?
- Why did a Seoul office worker buy a 115-year-old abandoned house in the countryside for 4.5 million won?
- Which generation searches for the word 'old fart' the most in the search bar?
- Why did The Hyundai Seoul, which touts itself as Seoul's best high-end department store, open a sneaker resale store?
- Did you hear that the most popular virtual human, 'Rosie', is ugly?
- How many followers do I need to run a social media market?
- What is Tesla's true capital with a PER of over 1000?
- Tell me what 'Tokdi' is and what your taste is.
- Is the reason for taking body profile pictures ‘to donate money’?
- [Vincenzo] Song Joong-ki's lighter, sold by Jeil Planning?
- “Who goes out of their way to go to a shopping mall these days to buy something?” Then where?
- You said you first met at 'Can I Take Responsibility for Your Eardrums', not at school or work?

Top 10 Trend Keywords for 2022
Transition into a 'Nano Society'
In an extremely fragmented society, communities are scattered like grains of sand into individuals, and individuals are broken down into smaller entities, becoming isolated islands where people do not even know each other's names.
Nanosociety is the root cause of many changes that directly and indirectly influence the major trends introduced in this book.
Nanosociety tends to fragment, coalesce, and resonate, and tends to amplify social conflict.
Amidst the megatrends of the nano-society, South Korea, facing the election year of 2022, stands at a critical crossroads, deciding whether to take the path of division or solidarity.


Incoming! Money Rush
If there was a gold rush in the American West, there is a money rush in South Korea today.
No one digs only one well.
Everyone is focused on investing and taking on second jobs, creating multiple income streams.
Leverage, which involves borrowing money to invest, is fundamental.
The money rush trend can be seen as a manifestation of the vulgarization of capitalist society, but it can also be interpreted as a manifestation of personal 'entrepreneurship' in that each person seeks to make money as a means of 'growth' and 'self-realization.'


'Gotcha Power' acquisition power
It's not about buying, it's about 'acquiring'.
There are so many things that money alone can't buy.
To achieve something, you need money, time, sincerity, connections, and sometimes even luck.
The ability of consumers to obtain rare goods that cannot be obtained through economic payment alone is called 'acquisition power'.
In an age of commodity glut, a modern-day competition for distinction is unfolding, where money alone cannot express wealth.


Escaping the Concrete Jungle - 'Rustic Life'
Not a sea view, but a rice field view.
Bullmung, fullmung.
The 'country' is becoming 'hip'.
'Rustic life' refers to a rural lifestyle that enjoys the raw nature and unique charm of the countryside while also adding leisure and comfort to city life.
Rustic life is not a life cut off from the city, but a new trend that adds a simple, 'countryside' feel to life while living in the city.
Both large cities suffering from overcrowded residential and work environments and local governments struggling with aging and slums should pay attention to 'rustic life.'

Revelers in Health - 'Healthy Pleasure'
“Good medicine tastes sweet to the mouth.” There has never been a time when health care was not important, but in the era of a global pandemic, health and immunity are everyone’s topics.
What is particularly noteworthy is that the younger generation is no longer willing to endure pain for the sake of health and diet.
If you're going to do it, do it happily.
The Healthy Pleasure trend is on the rise.
We should also pay attention to the 'early care syndrome', which is rapidly increasing the number of people in their 20s visiting hospitals to prevent adult diseases.


Opening the X-Files on the 'X-teen' Generation X-teen is back
Millennials and Generation MZ are both descendants of Generation X.
They were given the name 'Generation X' because they were completely incomprehensible.
Where have all those Generation Xers gone? They were the original new generation, heralding the beginning of generational discourse with even greater impact than today's MZ generation.
These new 40-somethings, who had a more affluent teenage years than the older generation, have individualistic tendencies and can be called 'X-teens' in that they share their lifestyles with their teenage children.
Generation X is practically the pillar supporting today's market.


Routinize Yourself The right life routine
A new breed of people has emerged who are meticulous about self-management.
We would like to call those who pursue a righteous life and try to maintain a routine 'Righteous Life Routine'.
As working hours are reduced and remote work becomes more widespread, people are experiencing greater freedom in their lives and work. This has led to a growing desire for self-management, and more people are seeking to control themselves and increase their productivity.
Routine's efforts at self-control are not seen as an upgrade-type self-development, but rather as a way to seek healing, relieve stress, and pursue micro-happiness in a fiercely competitive society.


Connecting Together through Extended Presence Presence Tech
What's the difference between the 22-year-old virtual human "Rosie" and the cyber singer "Adam," who briefly appeared and then disappeared? Until her creator revealed that she was a "virtual human," people assumed she was a real person.
People tired of online Zoom meetings now gather in Gathertown to work and meet.
A virtual space that is more real than reality.
Reality tech refers to technologies that create virtual spaces, provide various sensory stimuli within them, and enhance human presence and cognitive abilities, thereby expanding the spectrum of life.
The line between what's real and what's fake is gradually disappearing.


Actualizing Consumer Power - 'Like Commerce'
I bought the Black Label Steak I had yesterday because it looked delicious on my friend's Facebook.
I'm thinking about buying a lipstick. What would be good? I'd love something advertised by Song Hye-kyo or Lee Young-ae, but I'm going with the oversmudge product recommended by Minsko, a beauty creator I follow.
I don't go to shopping malls anymore.
The era of 'always-on' shopping has begun, where people simply follow tags on social media and make purchases.
Creators go beyond selling other people's products to creating their own, promoting their own products, and selling their own products.
The era of D2C commerce starting with 'Like'.
It's only natural to call this 'like commerce'.


Tell Me Your Narrative Narrative Capital
Narrative is powerful.
The moment a company has a powerful narrative, even a company with mediocre sales at the moment can see its stock price skyrocket.
Tesla did that.
So Tesla's stock price is a numerical reflection of Musk's dream, and that dream is rooted in a powerful narrative.
Even in the realms of branding and politics, presenting your own narrative immediately grabs the public's attention.
The two elections to be held in 2022 are expected to be fierce 'narrative wars'.
Anyone who wants to make 2022 the year of a new leap forward must ask themselves this question:
“What is my own narrative?”
GOODS SPECIFICS
- Publication date: October 6, 2021
- Page count, weight, size: 456 pages | 674g | 152*225*24mm
- ISBN13: 9788959897001
- ISBN10: 8959897000

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