Nice-to-have industries

Nice-To-Have Industries

1. Cosmetics & Skincare

  • People buy confidence, not cream.

2. Luxury Fashion

  • Driven by status, identity, signaling (“I’m this kind of person”).

3. Sneakers & Streetwear

  • Culture + scarcity + community

4. Coffee & Cafés

  • Daily ritual and cravings

5. Video Games

  • Escape, Achievement

6. Streaming & Music

  • Relaxation, personalized collections

7. Home decor

  • People want their space to feel like them.

8. Pet Products

  • Humans care more about pet foods than the pet itself

9. Luxury Cars

  • Status + power + aspiration.

10. Travel & Experiences 

  • People remember experiences longer than things.

Even when something is “nice-to-have,” if it gives status, identity, comfort, or escape, it can be a billion-dollar category.