I was looking for a stand that was not too big and not too heavy (it is for a cigar box guitar) and this one has all these features: small, lightweight, sturdy and it is also foldable; once folded, it occupies a little space in your bag or pocket.
The plastic inserts will protect your instrument while laying on the stand, and it is stable enough so you don't have to worry for an accidental falling.
Then the colour: a really nice to have feature for good looking on stage as well as recognising your gear straight away.