Redefining Manufacturing in Asia: Embracing Personalization and the Long Tail
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Asia stands at a pivotal crossroads in the rapidly evolving landscape of manufacturing. Long renowned as the world’s factory, the region now faces the challenge of adapting to an increasingly personalized market. This shift towards personalization is not just a passing trend but a fundamental transformation in consumer behavior.
Recent studies paint a clear picture of this shift. According to Rehook.ai‘s 2023 consumer behavior predictions, personalized product recommendations can generate up to 176% higher click-through rates compared to generic ones. Twilio Segment‘s 2024 report found that over half of consumers are more likely to make repeat purchases after a personalized experience. This growing demand is reflected in market projections, with The Brainy Insights forecasting the global hyper-personalization market to grow from $18.9 billion in 2023 to $74.82 billion by 2033.
For Asian manufacturers, this presents both a challenge and an opportunity.
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