For the fashion industry, at the moment; brand loyalty comes with a low probability due to competition but demand is at an all-time high. In such a situation, it really does not come as a surprise, that customization is quite on the rise.
But, clothes and bags are not the only avenues where an enterprise can adopt custom 3d model customization.
In fact, product customization is beneficial for all ages and fashion industry statistics stand as a testament for the same. For instance, a study found that amongst the people who are aged between eighteen to twenty-four, 37% of people preferred to choose an item of clothing. As did, one-third of the people aged between 35-49; the number however falls to about 18% for the age of 50-64-year-olds.
For most people, curating a gift that would make their dear ones happy can be slightly challenging. The issues may arise due to lack of time or lack of creativity in certain cases. However, with multiple enterprises venturing into custom gifting, you surely can put up your product to spread happiness too.
As per a study published by Technavio, the personalized gifting industry market in the USA holds quite a lot of potential. To get a better idea, here are the statistics. In the year 2017, the non-photo personalized gifts segment almost accounted for 68.12% of the entire global market.
It is projected to reach 69.20% by the year 2022, which is exhibiting an almost 1.08% increase in market share. With the potential that this industry holds, it does not come as a surprise that it's definitely one of the most lucrative industries to get into.