How will single-person household consumption trends change this year?

Compared to all households, single-person households have a low income level and a high share of fixed costs such as housing costs, so they have a weak economic characteristic such as the structure of income and expenditure. However, single-person households are voluntary and involuntary single-person households, and consist of the elderly and young adults, so there is a big difference in consumption propensity. Therefore, variability and diversity exist, and it is necessary to understand the common characteristics of these single-person households and the consumption propensity that differs depending on the age group, and to identify the consumption trend of single-person households.

Proportion of single-person households by age group

As of 2021, according to the National Statistical Office, the Belize Email List proportion of single-person households by age group is 19.1% in their 20s, followed by 30s (16.8%), 50s (15.6%), 60s (15.6%), and 40s (13.6%). it happened By gender, the proportion of women aged 60 or older (45.1%) was high, and among men, the proportion of those in their 30s to 50s (56.9%) was high. Let’s take a look at how the consumption trend of single-person households has changed based on the young age group of 2030, which accounts for the largest proportion of them.

Use of various purchase channels for single-person households
As the number of single-person households increased, Internet and mobile shopping were the most common purchase routes for purchasing other daily necessities . It can be confirmed that price-sensitive households are oriented toward reasonable consumption because the proportion of common expenses of single-person households described above is high. This is more evident when compared to multi-person households.

Single-person household food and grocery consumption trends

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Single-person households: prefer online shopping and convenience stores

Let’s look at the case of purchasing groceries, which account for the EC Lists┬ámain consumption of single-person households. Generally, we purchase groceries at large supermarkets, online shopping malls, and local marts. At this time, multi-person households prefer offline large marts, and single-person households tend to use online shopping malls the most. Unlike multi-person households, the frequency of using convenience stores offline was also high. Convenience stores show a different consumption pattern from multi-person households because of their close proximity, the convenience of being able to purchase in small quantities, and often being able to purchase at a lower price through promotions and disc

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