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‘Generation Boomerang’
an excerpt from
MCCPTrendstream™
Combined MCCP planning and
                 Trendstream is the path to game
                    changing ideas
Identify ‘Seeds’ of Change
                             ‘Theme’ Detection &




                                                                                                                                       Industry Specific Data
                                                                                                                  Consumer Dialogues
                                                   ‘Trend’ ID &
                                                    Validation
                                  Analysis




                                                                                                     Fresh Eyes
                                                                               ‘Game
                                                                  ‘So What’




                                                                                         Discovery
                                                                              Changing
                                                                               Ideas’




                                                     Trendstream                         Planning
Generation Boomerang
Generation Boomerang means that
‘traditional’ life stages are shattered
                                                          As the cost of living increases and jobs
      Over 1 in 5 know parental
                                                          become harder to find, more and
       home ‘boomerangers’
                                                          more parents have adult children
                                                          returning to live with them and
                                                          relying on them for some level of
 Have you or any member of your close family
 had to move back to the parental home for                financial support.
 financial reasons?
                                                          This trend of adult children moving
                                                          back home has serious implications
                      21%
                                                          for ‘traditional’ life stage progression.
                                               Yes
                                               No
                                                          Neither party can move on to the next
      78%
                                                          stage of their life (e.g. parents cannot
                                                          empty nest & adult children cannot
                                                          take on new family responsibilities)



                                          Source: MCCPTrendstream™ 2012/Millward Brown Lansdowne 2012/ Mintel 2011
Boomerang children put
pressure on parents
Boomeranging children entering the family home again are doing so due to circumstance
& face a multitude of difficult scenarios as they re-enter the role of (adult) child within
the family construct.




                                                        More than one-third (36%)
        42% of females & 58% of
                                                        of older adults provide
        males between the ages of
                                                        practical household help,
        18 -34 are still living with
                                                        including shopping and
        their parents. Overall
                                                        household chores, to their
        figures are up a fifth*
                                                        adult children**

                                                     Source: MCCPTrendstream™/*Eurostat 2011/**TILDA 2012
Bottlenecking in the home has
 increased considerably
At a time when parents are generally expecting to be enjoying their time together they’re
finding themselves still with the full family unit under one roof. Prolonging a stage of their
life they thought they’d completed.




                                       57% increase



Total number of children aged 20+                    Total number of children living at
living at home in 2006: 186,053                      home aged 20+ in 2011: 293,462


                                                              Source: MCCPTrendstream™/CSO 2006 & 2012
For more information please
contact claire@mccp.ie or
kay@mccp.ie

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Generation Boomerang An Excerpt from MCCPTrendstream

  • 1. ‘Generation Boomerang’ an excerpt from MCCPTrendstream™
  • 2. Combined MCCP planning and Trendstream is the path to game changing ideas Identify ‘Seeds’ of Change ‘Theme’ Detection & Industry Specific Data Consumer Dialogues ‘Trend’ ID & Validation Analysis Fresh Eyes ‘Game ‘So What’ Discovery Changing Ideas’ Trendstream Planning
  • 4. Generation Boomerang means that ‘traditional’ life stages are shattered As the cost of living increases and jobs Over 1 in 5 know parental become harder to find, more and home ‘boomerangers’ more parents have adult children returning to live with them and relying on them for some level of Have you or any member of your close family had to move back to the parental home for financial support. financial reasons? This trend of adult children moving back home has serious implications 21% for ‘traditional’ life stage progression. Yes No Neither party can move on to the next 78% stage of their life (e.g. parents cannot empty nest & adult children cannot take on new family responsibilities) Source: MCCPTrendstream™ 2012/Millward Brown Lansdowne 2012/ Mintel 2011
  • 5. Boomerang children put pressure on parents Boomeranging children entering the family home again are doing so due to circumstance & face a multitude of difficult scenarios as they re-enter the role of (adult) child within the family construct. More than one-third (36%) 42% of females & 58% of of older adults provide males between the ages of practical household help, 18 -34 are still living with including shopping and their parents. Overall household chores, to their figures are up a fifth* adult children** Source: MCCPTrendstream™/*Eurostat 2011/**TILDA 2012
  • 6. Bottlenecking in the home has increased considerably At a time when parents are generally expecting to be enjoying their time together they’re finding themselves still with the full family unit under one roof. Prolonging a stage of their life they thought they’d completed. 57% increase Total number of children aged 20+ Total number of children living at living at home in 2006: 186,053 home aged 20+ in 2011: 293,462 Source: MCCPTrendstream™/CSO 2006 & 2012
  • 7. For more information please contact claire@mccp.ie or kay@mccp.ie