Demographics for personalized product purchasing
A range of demographic statistics sheds light on the trends surrounding personalized product acquisitions, including items like mugs, t-shirts, and greeting cards. Numerous studies conducted by research firms provide a comprehensive picture of consumer preferences.
Research by Technavio highlights a significant trend: women are the primary consumers in the personalized product domain, constituting approximately 60% of the market. Additionally, this study identifies a substantial segment among consumers aged 25 to 34, who represent around 25% of the market.
Grand View Research similarly confirms the prominence of consumers aged 25 to 34, accounting for approximately 30% of personalized gift purchases. Women also dominate this segment, holding about 60% of the market share.
Meanwhile, research by the National Retail Federation emphasizes the diversified landscape of personalized product purchases. Within the 18 to 34 age bracket, about 40% of the market’s activity is concentrated. Consumers aged 35 to 54 claim a significant share, amounting to around 30%. In contrast, consumers aged 55 and older contribute roughly 15% of the market.
In summary, the majority of personalized product purchases, including items such as mugs, t-shirts, and greeting cards, predominantly feature women and consumers aged 25 to 34. However, it’s important to recognize that demographics may fluctuate depending on the specific product or industry and the nature of personalization at hand.