Meal planning is deciding and preparing your meals in advance based on your preferences, schedule, and the food you have on hand. Creating the menu usually involves other people in the household. You can plan for the next few days or for a whole week. You can even schedule your trips to the grocery around it. It may seem like a lot of work, but the reality is far from this notion.

If you’re considering meal planning but can’t seem to start, perhaps these statistics will help you delve deeper into what meal planning is about and what its benefits are.

Intriguing Meal Planning Statistics (Editor’s Picks)

• 29% of consumers in the US plan their meals for an entire week.
• Women are more likely to plan meals than men.
• Among all age groups, those in the 50–65 range are most likely to be meal planners.
• Households with a child have a higher likelihood of planning their meals than those without.
• 17% of American shoppers stated that improving their cooking skills was challenging for them.

Meal Planning Statistics in the US

1. 29% of American consumers plan their meals for an entire week.

(FMI)

When it comes to meal planning in the US, the percentage of those who plan their meals a week at a time and those who don’t plan their meals at all are about the same (29%). Conversely, those who plan their meals a few days at a time make up 42% of American consumers.

Looking at these statistics, it’s clear that meal planning is gaining popularity — and for a good reason.

2. In 2020, 19% of American consumers were less likely to eat foods prepared outside of their homes.

(Statista)

The pandemic has affected our lives in more ways than we could have anticipated. One of the changes that we saw was a change in American eating habits. Perhaps as a direct result of the lockdowns, more people were encouraged to prepare their meals at home. With this, meal planning comes in handy to save money and reduce time spent preparing meals.

3. The COVID-19 pandemic caused a 12% increase in American consumers who eat dinner at home.

(Supermarket News)

Before COVID-19, only 21% of consumers in the US ate dinner at home. However, when the pandemic hit, this percentage increased to 33%. Generally, there was an increase in the percentage of individuals who ate at home for breakfast, lunch, and dinner.

4. In 2020, 36% of Americans reported preparing more simple foods.

(Food Insight)

During this time, the priority of meal planners shifted from labor-intensive and elaborate meals to convenient and affordable ones.

Only 30% of Americans stated that they want to try new recipes, and only 19% wanted to attempt new cooking techniques. What’s concerning is that 28% were worried that they couldn’t afford food for their family in the coming year.

5. 53% of Americans plan dinner within an hour of eating it.

(Hartman Group)

Life moves pretty fast, and when you’re trying to get dinner on the table, it can feel like you’re in hyper-speed.

According to a survey, more than half of respondents (53%) planned their dinner within an hour of eating it. That leaves dinner planners with little time to figure out what to make, let alone do anything about making it.

Demographics of Meal Planners

6. Women are more inclined to practice meal planning than men.

(NCBI)

The NutriNet-Santé study found that among meal planners, 78% were women, and 21% were men.

Traditionally, in American households, women have been bearing the responsibility of feeding the family. This entails buying food and preparing it. That said, it would only make sense that women are more likely to practice meal planning than men to save money and reduce the amount of labor it takes to prepare meals for the whole family.

7. Individuals aged 50 to 65 are more likely to plan meals than other age groups.

(NCBI)

According to the same research study mentioned above, 35% of meal planners belong to the 50–65 age group. Additionally, around 34% belong to the 30–50 age group. A significant percentage of meal planners are aged 65 and above (around 24%) but you can clearly see a decline.

Perhaps, when people reach the retirement age, they’re less likely to practice meal planning since they’re more likely to move into a retirement home, thereby having someone else plan their meals for them.

8. Among educational levels, university degree holders are the most likely to be meal planners.

(NCBI)

An estimated 37% of university graduates plan their meals. This seems like a significant percentage, but it’s also worth noting that other education levels don’t lag behind. For example, 31% of meal planners had some college education, and the same percentage can be observed among those who finished high school.

Overall, this data tells us that educational levels don’t have a massive influence on meal planning.

9. Households with a child present have a higher probability of meal planning than those without.

(NCBI)

Looking closer, the statistics show that 73% of households with a child plan their meals, as opposed to only 27% among households without a child.

This is attributed to a number of reasons — meal planning helps control portion sizes, allows more time to spend with family, and is generally cheaper than eating at a restaurant. Kids can get involved in meal preparation as well.

10. Only around 8.5% of obese individuals are meal planners.

(NCBI)

The data shows that 68% of individuals with a BMI lower than 25 are meal planners. Moreover, for those whose BMI fall in the 25–30 range, only 23% of them plan their meals. The percentage is even lower for individuals with a BMI greater than 30.

With this data, it’s safe to say that the higher the BMI, the lesser the likelihood is of meal planning. However, in this case, we can’t say for sure which circumstance is the cause and which is the effect.

Biggest Challenges of Meal Planning Statistics

11. The risk of exposure to COVID-19 during grocery shopping was a concern for 45% of American shoppers.

(Supermarket News)

At the height of the COVID-19 pandemic, every trip you step out in public, you’re risking exposure to the SARS-CoV-2 virus. This became a cause for concern among meal planners who go out for groceries. However, during this time, supermarkets and other retailers also came up with a solution — online shopping.

12. 40% said they’re most concerned about planning a variety of meals every day.

(Supermarket News)

A significant percentage of American shoppers were also concerned about the variety in the meals that they plan. This was especially a huge concern for beginners in meal planning and those who have perfected only a limited number of cooking recipes.

Having said that, including your family in the planning process and trying out new recipes can help reduce the monotony of meals.

13. 38% of American shoppers stated that the lack of ingredients necessary to make a meal was worrisome.

(Supermarket News)

The resulting lockdowns caused a lot of businesses to close down; as a result, quite a huge number of workers lost their jobs. What followed was financial insecurity among many households.

The Food and Nutrition Service in the US approved additional food stamps and meal programs to help address this problem, but some households were still struggling to make ends meet.

14. For the small 17%, improving their cooking skills was a challenge.

(Supermarket News)

You don’t have to be a chef to be successful at meal planning. However, you do need to be able to whip up some good recipes to increase the variety and keep your meals healthy. That said, cooking isn’t for everyone.

That’s why statistics show that 25% of shoppers in the US are exhausted from having to cook more. On the bright side, 35% of consumers reported that they’ve quite enjoyed cooking during the pandemic.

15.  46% of women in the UK admit that sudden changes in their schedule prevent them from preparing their planned meal.

(Statista)

In a survey of 11,347 UK respondents, 46% of females said that unexpected events often leave them scrambling to make a meal they hadn’t planned.

That’s because things come up! Maybe you thought you were going to have time to make our soup, but then you found yourself stuck at work for two extra hours and suddenly it was too late. Or maybe you were going to make a salad, but your partner was craving pizza.

Whatever the reason, sometimes it’s just hard to stick to our meal plans. So maybe next week you should try making a bunch of different dishes for the whole week and freezing them, so all we have to do is heat something up when it’s time to eat.

Related Questions

Why is planning your meals important?

It may seem like it takes a lot of work, but in reality, meal planning is important because it is practical. Because you organize your meals, you consequently organize your grocery list and expenses because you don’t buy more than what you need. Additionally, preparing your meals ahead of time saves hours of prepping and cooking for the rest of the week.

Lastly, because you plan ahead, you can ensure that your meals are varied to maintain a balanced and healthy diet. So, meal planning doesn’t only save you time and money, it also helps you eat healthily.

What are the factors affecting meal planning?

Although it generally saves you time, a lot of thought goes into planning meals. That said, these factors have to be considered:

• Budget: How much do you plan on spending on meals?
• Meal frequency: How many meals do you and your family eat at home? How long do you want to plan the meals for — a whole week or a couple of days?
• Food availability: What foods are available and affordable in your area? Are certain fruits and vegetables in season?
• Equipment: Do you have the necessary cookware to prepare a larger volume of meals?
• Storage space: Once the meals are prepared, do you have an ample amount of space in your refrigerator or freezer to store them?

What are the qualities of a well-planned meal?

Meal planning often results in mindful eating and well-planned meals since we aim to prepare adequate, balanced, and varied meals. Meals should be adequate; they should provide enough energy to get us through our daily activities.

All food groups should also be present, so your body has enough nutrients to function well. Lastly, aside from being balanced, meals should also be varied so you and your family don’t get stuck with eating the same foods every day.

What are the five basic steps of meal planning?

If you’re not sure how to get started with meal planning, here are five easy steps you can follow:

1. List your favorite meals, snacks, and desserts. This will give you an idea of what meals to prepare.
2. Inspect your pantry before heading out to buy more groceries. You might have enough in your pantry already for a complete meal.
3. Check your schedule. If you expect to have busy days for a week, you may want to plan and prepare meals for a whole week to save time.
4. To save more, plan your menu around what is currently on sale in the supermarket.
5. Cook from scratch to increase your savings and ensure that your meals are healthy.

Conclusion

If you’re still reading, I’ll take that as a sign of your success. You are truly a meal planning master!

I know that the information in this email can be intimidating at first, but those numbers were just there to help you understand the potential benefits of meal planning.

Remember: You don’t have to do it all at once. Focus on one meal plan for a week, and then move on to another one next week. Keep going until every meal of the day has been planned out—you’ll get there!

And if you have any questions along the way, just send us an email and we’ll be happy to help you out!

Thanks for diving in with us and taking a look at some meal planning statistics. As you can see, this is a growing industry, and there are so many ways to get involved.

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Sources

• FMI
• NCBI
• Statista
• Hartman Group
• Statista
• Supermarket News
• Food Insight

Pet ownership statistics undoubtedly show the latest trends among pet animal lovers. We love, care about them, and always look to keep them happy. We make sure they’re not too cold; we offer them a bucket of ice when it’s too hot. They always make us laugh and are with us for better or worse. Their love is unconditional.

We look at pets as family members. That’s why we don’t get too angry if they leave paw prints all over the house; we diligently remove hair from the sofa and don’t mind if they eat through the TV cable.

People live with their pets for a variety of reasons. Some need company, others need comfort. Some people adopt animals for health reasons. Pets are good for our hearts. They fill them with love and make our hearts healthier and bigger.

That’s why we bring you the most exciting pet ownership stats. Some animals will make you laugh, others will make you happy, while some will, unfortunately, make you sad. So, without further ado, let’s take a look at the most interesting figures.

Pet Ownership Demographics Statistics

People love pets regardless of age. The following demographic stats will show which generation prefers having pets the most.

Can anything match the love of children for their pets? How does having an animal companion affect human health? Check out pet owners’ demographic statistics and find out some jaw-dropping data.

1. Millennials have the highest percentage (32%) of pet ownership in the United States.

(statista.com)

Peoples’ love towards their animal companions goes beyond any age border. However, one generation stands out in particular. People born between 81′ and 96′ are more likely to have pets. Millennials represent the largest generational group that is to be expected to have any type of pet.

This puts Millenials at the top, with 32% of pet ownership share. Baby Boomers come right behind with 27%, while Generation X makes up 24% of all pet owners.

2. 73.8% of people living in mobile homes are more likely to have pets.

(avma.org)

The following AVMA survey undoubtedly shows the connection between different types of communities with the likelihood of pet-owning. People who live in more urban areas are unlikely to own any kind of pet. On the other hand, those living in less urban areas, with a population of 100,000 and below, will most likely consider the animal company.

People living in mobile houses are ten to one to own a pet than any other household type, with a 73.8% owning rate, as per pet ownership statistics. Around 65.8% of people living in houses are more likely to have an animal friend around. Moreover, homeowners are more likely to live with domesticated animals than those renting their apartments.

3. 20% of Gen Z report that they own fewer pets than they did previously.

(petfoodindustry.com)

There are various factors that affect whether someone will own a pet or not. Animal companions will always give you unconditional love and gratitude. However, they are looking for something in return. All this sometimes costs time and money.

Consequently, the trend of owning pets is declining among the younger generations. Thus, Petfoodindustry recorded a significant decline in pet ownership among Gen Z. As many as 20% of members of this generation reported fewer pets. As a reason, they cite not having enough time to devote to their pets as the older generation.

4. Female pet owners are 2.4 times more likely to have anxiety disorders.

(ncbi.nlm.nih.gov).

Is having an animal companion good or bad for our mental health? This is a polarizing topic that acts divisively on many experts’ minds. According to a PMC study on the correlation between pet-owning and health, females who own a pet are more likely to feel anxiety disorder than men.

5. 70% of families in the US have pets.

(iii.org)

Animals enrich our lives but also our homes. This is especially true for children, who spend unforgettable moments with their pets. According to the authoritative Insurance Information Institute, about 90.5 million families in America own at least one animal.

The trend of owning pets is on the rise. In a 1988 survey, only 56% of families kept at least one animal in their homes. In 2019, 67% of families were reported to be homeowners.

6. Millennials make up half (50%) of all reptile owners.

(avma.org)

As we mentioned earlier, one in three Millennials has animal companions. However, this generation doesn’t focus on the usual like dogs or cats. On the contrary, the majority of Millenials prefer reptiles, guinea pigs, hamsters, ferrets, and saltwater fishes are their pets. In fact, 50% of reptile owners are Millennials.

7. 57% of married adults in the US own pets.

(urban.org)

Finances and time are among the most important aspects that decide whether or not to own a pet. However, marital status is also emerging as one of the more essential factors. As per pet ownership statistics, adults who are married are more likely to have at least one domesticated animal.

About 57% of married couples said they own or plan to own a pet one day. On the other hand, about 42.9% of singles said they’re looking forward to having an animal companion.

8. 50% of married people are more likely to have a dog companion.

(news.gallup.com)

As we already know, married couples are more likely to own a pet than those who aren’t in marital communities. Still, it seems that dogs are high on the list of both married and single people. Around 50% of married couples stated they’re more likely to have a dog pet as opposed to 37% of cat lovers.

Furthermore, one in three singletons prefers having a dog pet, while only 25% of those not married are more apt to have a cat.

9. 71% of Millennial males are prone to be dog owners.

(statista.com)

Pet ownership demographic data show Millennials are leading the race. Male members of this generation prefer dogs over cats. Around 71% of men will most probably own a dog, as opposed to 48% who prefer cats as their pets.

On the other hand, 62% of women Millennials prefer dogs, while 35% prefer cats.

Dog Pet Ownership Statistics

Having a doggo friend has many benefits. Dogs are known to be loyal, and as such, many people enjoy having a tail-wagger in their homes. These types of pets will never let you feel alone, and they’re good for your heart. Let’s find out more interesting stats about pet doggos.

10. 38.4% of households in the US own dogs.

(avma.org)

Whether you go to the store for a short time or come back from work after a full day away from home, the dog will always greet you with excitement. Few people are immune to that feeling of love and loyalty at the same time.

However, having a dog as a pet has far more benefits. The dog is ideal for families with small children, as well as for people who have health problems. That is why it’s no wonder that more than a third of households own at least one dog.

11. 41% of households are too busy to have a doggo.

(bmcvetres.biomedcentral.com)

It’s not news that dogs, like all other pets, require attention. For this reason, certain occupations make it impossible for people to enjoy all the benefits of dogs as pets. Slightly less than a half of households (41%) state that lack of time and the fact they’re out all day is the only reason they live in pooch-free homes.

13. 44% of dog owners adopted their beloved dogs from a shelter.

(animalsheltering.org)

Almost half of the pet owners decided to open their doors to less fortunate doggos. Thanks to them, millions of sheltered dogs have found their new homes. It is estimated that around 44% of dog owners rescued their pets from an uncertain destiny.

14. The state of Idaho has a high rate of dog ownership (58.3%)

(worldpopulationreview.com)

Doggos are very popular in Idaho. That said, this region has an incredible 58.3% dog ownership rate. Montana comes second with 51.9%, while West Virginia holds third, respectively, with 51.6%.

15. Around 90 million dogs live in US households.

(washingtonpost.com)

Doggos are among the most popular pets in the U.S. They can make you laugh; they’ll listen to whatever you say and never reveal your secrets. Dogs are people’s best friends. That said, no wonder why the U.S. is home to around 90 million tail-waggers.

16. Pet-food spending increased nearly 11% for both dog and cat owners

(APPA)

Food is essential in keeping our pets healthy. As we mentioned earlier, the pet ownership rate jumped by 3%. In consequence, people are spending more on food. However, the average household is now spending 11% more on food for their doggies and other pets.

There are many reasons behind this trend. However, a few stand out in particular. The main reason people decided to open their wallets for pet food is the quality of supplements. Thus, people are now paying extra attention to ingredients, avoiding GMO products while adding proteins, superfoods, and plant-based foods.

17. 69 million households own at least one doggo.

(www.iii.org)

Let’s face it, doggos are pros. These cute little furballs managed to capture the hearts of millions of households in the U.S. Out of 331 million people who live on U.S. soil, 69 million live with their furry little companions.

18. There are 471 million pet dogs owned across the globe.

(statista.com)

People prefer dog companionship more than any other animal. According to Statista, around 471 million dogs are making people happy worldwide.

As people are spending increased time at their homes, which is more than ever before, the likelihood of this number becoming bigger is increasing day by day.

19. There are 54.29 million pet dogs in China

(statista.com)

Americans are high on the dog ownership ladder, with more than 89.7 million doggos. China comes next with 54.2 million dog residents. Russia is in third place with “barely” 16.8 million dogs.

20. 33% of UHNW people prefer dogs and horses over other animals.

(pawlicy.com)

UHNW stands for Ultra-High-Net-Worth individuals. The following dog ownership statistics show people with deeper pockets prefer keeping horses and dogs as their pets than any other animals.

Around 33% of wealthy people like dogs over cats and fish. Guess some dogs are born to live on a high heel. As for horses, approximately 39.6% of UHNW people stated they prefer having this animal as their pet.

Cat Ownership Statistics

They cuddle as they please. They come and go as they please. They scratch you if you’re boring them. Is there a person who would like to have a cat? Let’s face it, compared to other pets, cats are independent and require less attention.

On the other hand, they’re cute and fairly loyal. They like to be around us, and they adore peoples’ presence. Even if they’re not around, know that they still love you from far away. They just find you boring at the moment. But, they always come back. Jokes aside, let’s see interesting numbers about cat ownership around the globe.

21. 25.4% of Americans own at least one cat.

(avma.org)

The Americans are dog people; there’s no question about it. However, around 25.4% of households still prefer furry little scratchers over dogs. In total, there are around 31.8 million cats living in U.S. households. That’s roughly 17 million less than doggos.

22. 31% of cats in the US are adopted from an animal shelter

(aspca.org)

Dog lovers prefer purchasing their pets from breeders. However, some people like to rescue their pets from shelters. Around 23% of dogs are adopted from stray animal hotels. On the other hand, cats are luckier. About 31% of cats came directly from animal shelters across the U.S.

23. 47% of households in Romania own cats.

(statista.com)

When it comes to cat lovers, Romanians are far ahead of other members of the European Union. Specifically, as many as 47% of households in this European country own at least one cat. Right behind is Latvia, with 38% of households in which kittens are family members. By the way, Europe is home to a total of 110 million cats.

24. Pet ownership statistics show there are 53 million cat residents in China.

(petseure.com.au)

For the first time ever, cats overtook dogs in popularity among urban Chinese residents in 2021. Approximately 58 million cats are kept as pets in this huge Asian country.

Still, they’re not the largest cat owners. The U.S. comes first with around 74 million cat population. Russia is in third place with 17.8 million cat habitats.

25. The average cat owner spends $254 on cat food.

(americanpetproducts.org)

Nutrition is most important to keep our cats healthy and happy. For this reason, many cat owners prefer to avoid suspicious and untested products. As a result, the average kitty owner spends about $254 a year buying food for their loved ones.

26. Only 8% of cat owners believe their pet changed their lives.

(bettercitiesforpets.com)

If you ask dog owners, 48% of them will tell you that their pet has changed their lives. Dogs require extra attention, such as walking and going out for the most basic necessities. However, most of these situations come in handy as a reason to go out and walk. Finally, increased physical activity results in better health for some dog owners.

Cats, on the other hand, are – cats. They are not the animals you’ll walk on a leash. Often they will come out on their own, stretch their legs and come back to you. Cats will prefer to sit on the couch and eat lasagna. In the end, only 8% of cat owners will say that their pet has changed their health for the better. At least when it comes to physical activity.

27. 70% of cat owners consider their pets improve their mental state.

(pawlicy.com)

As we found out earlier, cats are not animals for walking in the park. However, some like to stretch their paws by walking with their owners. Most likely, cats will prefer to stay inside and keep their external affairs to themselves.

Though we can’t attribute them credit for better physical health, most cat owners will be happy to point out the impact of their pets on the mental health of individuals.

Thus, 70% of cat owners will proudly say that their pets are responsible for a healthy psyche. On the other hand, about 66% of dog owners have the same claim.

Pet Ownership Costs Stats

Animals are great for human mental and physical health. We will all agree that one’s health has no price. However, let’s see how much people really spend on their pets and how much money needs to be set aside for another family member.

28. Americans spent $103.6 billion on their pets in 2020.

(americanproducts.org)

Owning pets comes with a price tag. In the end, they are living beings and, as such, don’t live out of pure love or air. Thus, if you’re thinking of adopting a pet, keep in mind they come with certain expenses.

In 2020, U.S. households spent $103.6 billion on their animal companions. These costs included:

• Food & Treats: $42 billion
• Vet care and product sales: $31.4 billion
• Supplies and OTC medicine: $22.1 billion
• Other services: $8.1 billion.

29. A pet dog’s basic expenses can grow to $1,480 per year.

(rover.com)

The initial cost of owning a dog can vary. Various factors affect the final figure. Some aspects include whether the dog was adopted or you bought it from a breeder. Also, the cost of owning a dog depends on your lifestyle.

On an annual basis, the cost of owning a dog can vary between $650 and $2,000. Some startling data says that just under 50% of owners spend over $2,000 a year on their dogs. However, on average, doggos owners have to set aside an average of $1,480 for the needs of their pets.

30. Dog owners pay $48 monthly for their pet insurance.

(forbes.com)

Pet insurance is gaining momentum. Simply put, animals, especially dogs and cats, can sometimes be very restless. As a result, your pets may be injured uncomfortably. For this reason, some pet owners are choosing to pay for pet insurance and provide their animal companions with the best possible treatment.

With that in mind, the average dog owner spends about $48 on insurance. Annually, the total cost is $585.40. On the other hand, cat owners pay slightly less – $29.16 per month. In conclusion, if you own a kitten, you will set aside about $394.93 on average to cover your beloved pet in case of accidents or illness.

Conclusion

Hopefully, these pet ownership statistics helped you better understand animal owners and their habits. Overall, owning any pet is good for your health (unless your pet is big enough to eat you).

Nevertheless, animal companions bring light and joy to our lives. As a result, we love them unconditionally and do everything in our power to treat them the way they deserve. In return, we get to smile more often and live better and happier lives.

As you can see, pets really do make our lives better. They show us unconditional love, teach us responsibility and help us connect with other people.

We encourage you to share these statistics with your friends and family so they too can learn more about how pets impact our lives.

What kind of pet do you have? Did we miss your favorite stat? Let us know!

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Sources

• statista.com
• avma.org
• petfoodindustry.com
• ncbi.nlm.nih.gov
• iii.org
• avma.org
• urban.org
• news.gallup.com
• statista.com
• avma.org
• bmcvetres.biomedcentral.com
• animalsheltering.org
• worldpopulationreview.com
• washingtonpost.com
• americanpetproducts.org
• www.iii.org
• statista.com
• pawlicy.com
• avma.org
• aspca.org
• statista.com
• americanpetproducts.org
• bettercitiesforpets.com
• pawlicy.com
• americanproducts.org
• rover.com
• forbes.com

A nice and comfortable environment can make you feel much better. Therefore, no one should be too frugal when home improvement is in question.

Of course, many people can’t afford to renovate their homes entirely, but even the most minor changes matter. You may need to read more about how much people spend on it, how often they do it, and how well the home improvement industry is doing.

We’ve compiled all home renovation statistics that can be useful to anyone who plans to improve their home environment or just wants to know more about home renovation. So, let’s dive in.

Key Home Improvement Stats, Facts, and Trends (Editor’s Pick)

• The worldwide DIY home improvement industry is forecasted to grow at a CAGR of 4.5% between 2021 and 2027.
• The worldwide home decor market will most likely reach $838.6 billion by 2027.
• The US home improvement market size is forecasted to be $621.3 billion by 2025.
• People most commonly renovate home interiors, especially kitchens.
• People aged 35 to 54 are the most likely to invest in home renovation.
• Home remodeling should be done every 15 to 20 years if the house is in good condition.
• Homes generally don’t need many repairs in their first five years.
• Sharp objects like screws, nails, and bolts cause 30% of home remodeling injuries.

Home Improvement Industry Statistics

1. The home improvement services market is predicted to reach $585.3 billion by 2030.

(Allied Market Research)

Home improvement services are as crucial as the renovation itself, and data shows that the future for this industry is bright.

The global home improvement service market size was valued at $316.8 billion in 2020 and, according to estimations, it will expand at a CAGR of 6.2% between 2021 and 2030.

2. The global DIY home improvement industry is projected to grow at a CAGR of 4.5% between 2021 and 2027.

(GMInsights)

The demand for luxurious and energy-efficient living spaces drives the home improvement industry the most. Still, DIY home projects are tremendously popular, especially among males. Therefore, the DIY home improvement industry will most likely expand at a CAGR of 4.5% by 2027.

3. In 2021, the US building material, garden equipment, and supplies dealer sales reached almost $40 billion.

(Statista)

As mentioned in the previous stat, DIY projects are popular and always have been. Home remodeling industry statistics regarding equipment and supplies indicate that retail sales spiked from $29.6 million in January 2021 to a shocking $47.1 million in April 2021.

Even in September, October, and November, the sales were $39 million each month. The monthly sales of home renovation equipment, materials, and supplies have never been this high.

4. The worldwide home decor market is predicted to reach $838.6 billion by 2027.

(Allied Market Research)

Data suggests that the global home decor market will register a CAGR of 3.9% between 2020 and 2027. Also, it appears that floor covering will be in the highest demand throughout the forecast period, while home textile will be the least popular.

It’s worth mentioning that North America was the leading region in the home decor market in 2019.

5. The US held over 80% of the North American home improvement market share in 2020.

(Graphical Research)

The US home improvement market share was undoubtedly the largest in the North American region. Namely, four-fifths of the entire home improvement market belonged to the US in 2020. That’s because of the increase in the number of rental houses and awareness regarding home wellness among customers.

6. The US home improvement market size is forecasted to reach $621.3 billion by 2025.

(Statista)

Statista’s report reveals that the home renovation market size was $538 billion in 2021, and it’s very likely to increase by $82 billion until 2025.

The leading home improvement chain in 2020 was The Home Depot, with sales exceeding $130 billion.

Home Renovation Statistics About Costs

7. Americans spent 15% more on home renovation projects in 2020.

(Fast Company)

Lockdowns were the main reason for the increase in home renovation projects, even though many people struggled with job loss and lower income.

For instance, a survey of 70,000 respondents revealed that home renovation projects were up in 2020. People were focused on remodeling home offices, kitchens, and outdoor spaces.

8. People in the US spent almost $420 billion on home repairs and improvements in 2020.

(CBS Boston)

According to a study, 60% of Americans reported starting at least one home renovation project in the previous two to three weeks. As home renovation trends indicate, DIY projects were the most prevalent.

9. According to the one percent rule, people should save at least 1% of their home’s value per year for maintenance.

(Discover)

There are a few methods of calculating the savings needed for home renovation. One of them is the one percent rule, and the other one suggests saving 10% of the total cost of a person’s property taxes.

10. In 2020, the amount of money people in the UK spent on home renovation surged by 36%.

(Property Reporter)

Home renovation statistics for the UK based on the data released by Houzz & Home, people in the UK who had higher budget projects saved £100,000 or more. In addition, the median renovation spending among Millennials increased by 70% in 2020.

11. Professional home office remodeling costs approximately $15,000.

(HomeAdvisor)

While the average price for professional home office remodeling is $15,000, the exact cost depends on the type of renovation and the size of the room.

For instance, hiring a professional organizer costs approximately $480, and the price of installing built-in shelves is priced around $2,500.

12. The average cost of the main bathroom renovation stands at $8,000.

(BHG)

The average home improvement costs vary based on how many rooms are renovated and if additional repairs are needed.

While a primary bathroom renovation costs around $8,000, you can spend an additional $400 for security improvement and $1,000 for electrical renovation.

Stats and Facts Regarding Global Home Renovation Trends

13. Among home renovation projects, interior home remodels are the most popular in the US

(Statista)

Numerous statistics have shown that interior remodeling (dining rooms, living rooms, bathrooms, or kitchens) is the most popular renovation project in the US.

Interestingly, the percentage of people investing in interior remodels decreased from 72% in 2017 to 68% in 2020.

14. A solid kitchen upgrade with new cabinets and countertops can cost around $25,000.

(Forbes)

According to the latest home renovation trends, a solid kitchen upgrade costs about $150 per square foot.

Typically, an approximate price for kitchen remodeling projects is 10% of an entire home’s value. Therefore, the highest cost can be even $60,000, while the lowest stands at $5,000.

15. The exterior replacements segment will account for over 18.6% of worldwide consumption in 2027.

(GMInsights)

Various home improvement industry trends for 2022 and beyond indicate that exterior replacements, system upgrades, property improvement, and kitchen improvement and additions will see the most significant spike in popularity.

16. Home decor is the most popular home improvement project in France.

(Statista)

According to the statistics based on a survey of 1,008 French respondents, 48% stated that they’re interested in home decor the most.

Apart from that, 32% showed interest in bathroom and kitchen renovation, 26% in thermal renovation, 18% in electricity or plumbing improvement, 12% in facade restoration.

17. In 2021, the best home improvement retail store for customers was Ace Hardware.

(Statista)

Home improvement trends for 2021 indicate that Ace Hardware was among the most significant retailers in the home improvement and DIY industry. This company scored 863 out of 1,000 customer satisfaction points last year.

18. In 2020, garden landscaping was the most common home improvement project in the U.S.

(Statista)

Garden landscaping (26%) was the most popular improvement project during the first year of the coronavirus pandemic, along with repainting indoors (24%).

Also, many people invested in high-speed Internet (21%), fixing or adding a lawn (18%), and even security cameras (16%).

Other Relevant Home Renovation Stats and Facts

19. Home renovation should be done every 15 to 20 years if the house is in good condition.

(Carney Properties)

Expect a complete renovation after 15 to 20 years if you live in a new house. But, of course, that doesn’t mean that you shouldn’t remodel separate rooms or make minor changes.

Also, keeping your home up-to-date with all the new trends in home renovation is costly, so instead of that, plan home renovation based on its condition.

20. A full renovation of a house can typically last between four to eight months.

(Carney Properties)

Home renovation facts show that a full house renovation typically lasts up to eight months. That’s why it’s essential to plan ahead because you need to keep your house functional even during renovation. Remodeling can take even longer if the space is big and vice versa.

21. Homes usually don’t need many repairs in their first five years.

(Discover)

One of the vital home improvement facts you should keep in mind is that you’ll need to remodel or repair things even if the house is new. However, expect no severe problems such as leaking roof, etc.

22. People aged between 35 and 54 are most likely to invest in home renovation.

(Allied Market Research)

According to the data about future predictions, people aged 35 to 54 are the age group that will spend the most on home remodeling even in 2030. Conversely, those who spend the least are under 35, which is relatively logical.

23. 3 in 100,000 people are hospitalized because of a DIY injury.

(Amerex)

Even if DIY projects can save you a lot of hassle and money, people often get hurt if they renovate the house on their own. Namely, home remodeling statistics show that falling off the ladders is the most common cause of injury.

24. Sharp objects like screws, nails, bolts, and tacks cause 30% of all home remodeling injuries.

(Realtor)

Remember to keep your working place clean when you’re in the middle of a home remodeling project because one of the most common injuries during renovation is a puncture wound.

Injuries like these, along with fractures, abrasions, and lacerations, happen because people usually don’t have the skills needed to complete projects but are overly ambitious and want to save money.

Related Questions

Are more people renovating their homes?

Even though the coronavirus pandemic has instigated “the great resignation” and many more economic problems, it appears that people in the US invest in home improvement more than before.

For instance, people spent 15% more money on home renovation projects in 2020 compared to the year before. That’s probably because people spend a lot more time in their homes, which could make them invest in renovation.

How often do people do home renovations?

Home renovations should be done every 15 to 20 years, given that the house is in good condition. A full renovation can last between four to eight months, so it needs to be planned in advance. Of course, the renovation itself depends on these factors:

• The last time your home was remodeled
• When the home was built
• Is only one room in question or the entire house
• The present condition of the house
• The size of your house

If you have problems with chipped paint, leaking roof, detachment of the tiles, or termite infestation, it’s time for renovation.

How big is the home renovation industry?

The home renovation services market is predicted to reach $585.3 billion by 2030, meaning that this industry is very lucrative. Furthermore, it’s estimated to expand at a CAGR of 6.2% from 2021 to 2030.

The home improvement services market is driven mainly by property costs and higher interest rates. It’s also important to mention that North America is the dominant region in this industry.

How much do Americans spend on home renovations?

In 2020, Americans spent almost $420 billion on home improvement projects. In addition, a study found that in May 2020, nearly 80% of people started at least one project in the previous two or three weeks.

That’s because many people needed to modify their living space for studying, work, and leisure due to the coronavirus pandemic. Since the pandemic isn’t over yet and there’s no new data on this, we can assume that people spend even more on home renovation.

How much should you save for home improvements?

There are two saving methods when it comes to home renovation. According to the first one, called “the one percent rule“, you should save at least 1% of your entire home’s value annually. The second method recommends saving 10% of the cost of your property taxes.

Of course, you can always save more than that, and it’s even recommended to do so. You should also consider saving more in case of water damage and other emergency repairs.

What comes first in a home renovation?

Generally, you should remodel your bathroom or kitchen first when you remodel the house. It’s the smartest thing to do, according to experts. That’s because remodeling kitchens costs more than renovating bathrooms and has a better investment return.

Also, you should regularly remodel the space you spend the most time in. Home renovation statistics point out that a solid kitchen upgrade can cost you around $25,000, so plan accordingly.

Conclusion

As you can see, home renovation is a booming industry. Homeowners are spending more than ever to improve their homes.

It’s clear that home renovation is something that almost everyone thinks about at some point. Whether you do it yourself or hire a contractor, you owe it to yourself to invest in your own personal space. The fact is, more and more people are finding ways to finance their projects and make their dream homes a reality.

If you look at the statistics, you’ll realize that remodeling is considerably prevalent, especially in the US. Moreover, since the worldwide pandemic started, people have spent more time indoors, so it’s completely justified to invest more in home remodeling and improvement.

Also, many people need to make a decent workspace or study space in their house. Apart from emergency improvements like these, there’s always something that should be improved or repaired. That’s why investing in your home is never a waste, so it’s always a good idea to save money for remodeling and repairs.

Well, that was a long one. And it covers a lot of ground on home renovation trends, so we’re just going to wrap up here. Thanks for reading through all of our findings! We hope you enjoyed them as much as we did 🙂

Thanks again for reading this post, and good luck with your projects!

241 Home Decor Instagram Name Ideas That Look Amazing

271 Home Staging Business Name Ideas that Sell Well

425 Catchy Home Decor Blog Name Ideas

Sources

• Allied Market Research
• Allied Market Research
• Amerex
• BHG
• Discover
• Fast Company
• Forbes
• GMInsights
• Graphical Research
• HomeAdvisor
• Property Reporter
• Realtor
• Statista
• Statista
• Statista
• Statista
• Statista

Email signatures are powerful marketing tools that should be used by companies looking to engage customers through email marketing. Email signature statistics show us the importance of professionally articulating your current employment, title, and general contact information.

A personal email signature needs to include (although not mandatory), a photo, a phone number for contact, website address, and social media icons if applicable.

Having a professional email signature can go a long way in branding your message and increasing reply rates if you are employed. Employing email signatures across all individuals in the company can increase its overall brand recognition.

Now, let’s take a look at what the numbers have to say about the importance of email signatures.

Key Email Signature Statistics (Editor’s Pick)

• 62% of marketers and business owners use their email signatures to promote their brands.
• 48% of marketers use email signatures to bring traffic to their websites.
• Almost all (98%) people use their name in their email signature.
• Only 23% of companies evaluate the effectiveness of email signature marketing.
• 73% of people use email signature generators to create a branded email signature.
• For 82% of respondents, brand awareness is the main purpose of email signature marketing.

Email Signature Usage Statistics

1. 66% still use email as their primary business correspondence.

(New Old Stamp)

Even though there are numerous social media platforms today, email still remains the primary form of communication in the business world.

Two-thirds of employees still consider email to be the most important asset in their daily business communication.

With 11%, social media comes in second place for the most used platform to interact with customers.

2. 25% of employees use instant messaging apps to communicate.

(New Old Stamp)

Surprisingly, even though email remains the primary tool for communication, employees state that they use instant messaging apps to interact with other coworkers.

A quarter of all employees stated they’d prefer instant messaging rather than email communication to converse with their fellow coworkers.

3. 82% of digital marketers use signatures for brand awareness campaigns.

(KoMarketing)

Recent reports indicate that the majority of digital marketers are using email signatures in their marketing campaigns.

8 in 10 people state they actively engage in ensuring their email marketing efforts also include a signature in order to increase brand awareness and create a better brand image.

4. 48% of marketers use email signatures purely to increase traffic to their websites.

(KoMarketing)

Nearly half of all digital marketers state the main use of an email signature is to ensure an increase in click-through rate (CTR).

High traffic to a website leads to better google rankings which in turn may lead to other visitors landing on the company’s website, something which 48% of marketers are counting on.

5. Email signatures are used for lead generation by 34% of marketers.

(KoMarketing)

A third of all marketers use email signatures to generate as many leads as they can for future remarketing purposes.

However, it’s interesting to note that email signatures are also used as a means to increase sales. This type of strategy is employed by 25% of marketers.

6. Email is responsible for 50% of all B2B leads generated.

(KoMarketing)

Recent data suggests that email correspondence produces the most leads with the highest possible return on investment (ROI).

Surprisingly, search engine optimization (SEO) is responsible for 43% of generated leads, while content marketing is a third of the portion, or 34%.

7. 74% of solopreneurs send up to 10 emails per day.

(New Old Stamp)

According to this data, solopreneurs lead the way in sending emails per day. Furthermore, 21% send between 11 and 25, and only 5% send more than 25 emails per day.

Contrastingly, the number is way lower in small businesses. Namely, only 39%, which is almost two times less, send up to 10 emails per day. The percentage is the same with employees who send between 11 and 25, while only 16% send more than 25.

8. 50% of employees who work in mid-sized businesses send 11 to 25 emails per day.

(New Old Stamp)

It appears that larger enterprises and mid-sized businesses use email communication quite frequently during their daily activities.

Namely, only 19% of employees in these companies send up to 10 emails per day, which is way lower compared to small businesses and solopreneurs.

Furthermore, 12% send more than 50 emails per day, which is an astonishing amount of emails sent.

9. CTR is the most common issue with email marketing.

(KoMarketing)

53% of data show that CTR is the biggest barrier when it comes to email marketing, regardless of the use of email signatures.

The next issue in line for email marketing is open rates with 42% and list fatigue with 36%. Additionally, 26% of surveyed individuals stated that emails containing a signature were more difficult to deliver due to the heavy attachments within.

10. 98% of all sent emails contain the name of the person in the email signature.

(New Old Stamp)

It’s surprising to learn that not every email received contains the name of the sender. However, it’s encouraging to know that 98% of all emails that are being sent actually contain the name in the sing-off.

92% also state the name of the company in the sign-off when they send an email, while 91% also add the company’s website.

11. 89% of respondents state they add a phone number in their emails.

(New Old Stamp)

About 9 in 10 people state that they add their phone number to the contents of the email they send. However, only a third (33%) actually include their physical address.

But, what’s most surprising is the fact that 80% of surveyed individuals stated that they included clickable social network profiles in their email signature prior to conducting daily mail activities.

12. The average person sends about 30 emails per day.

(Radicati)

With 30 emails sent by just one company employee per day, we can genuinely see the gravity of having employed email signatures.

Furthermore, the average employee receives about 96 emails per day, and just imagine how he or she feels when the emails are personalized and contain a professional-looking signature.

13. Only 23% evaluate the performance of email signature marketing.

(New Old Stamp)

Here’s a rather odd and very intriguing data. According to this report, only 23%, or 2 in 10 email marketers actually evaluate the performance of their email signature marketing campaigns.

The rest, or 77%, stated that they did not measure or evaluate their email signature campaigns at all.

Furthermore, only 10% calculated the generated revenue from their marketing campaigns.

14. 79% of email marketers track clicks from their email signature campaigns.

(New Old Stamp)

Roughly 8 in 10 marketers’ primary aim with email signature marketing campaigns is to see how many clicks they’d receive from the links they place within emails.

Other metrics email marketers focus mostly on are impressions, with 32% stating that as their primary goal, while 40% want to track how many of their emails are actually delivered.

15. 73% stated they use email signature generators.

(New Old Stamp)

It appears that creating a branded email sign-off is the main objective by most email marketers, or otherwise business professionals.

As many as 73% stated they use branding services to look more professional, while 16% use standardized professional generators to ensure usage across everyone at the company.

Email Signature Trends

16. 41% of respondents use email signatures for branding purposes.

(New Old Stamp)

4 in 10 individuals state that their primary goal in using email signatures is to increase the visibility of their business.

Branding is of utmost importance in today’s modern business world, and less than half of all email marketers make use of signatures in their email communication.

18% state that they use email signatures as a standard sign-off in the email, 17% to identify themselves adequately, and 14% use signatures to personalize their emails.

27. Branding and awareness is the primary goal for US businesses using email signatures.

(New Old Stamp)

37% of US companies use email signatures to solidify their branding and increase awareness in the business world.

Contrary to US companies, just 30% of Australian businesses use signatures for branding and awareness, far less than any other.

Canadian companies, for example, are all about branding and awareness, as 53% use email signatures with this goal in mind.

18. ESM campaigns produced positive results across all measurements.

(Wise Stamp)

Marketers who have employed ESM strategies in their campaigns have reaped countless benefits.

Namely, ESM yielded 32% more email replies compared to emails without signatures included.

Furthermore, ESM campaigns also produced 22% more clicks on links within the emails, 15% more leads, and a 10% increase in the total social reach.

19. Email marketing campaigns generate a staggering 174% more conversions than social media.

(Templafy)

Even though the majority of marketers employ search engine optimization marketing, google ads, and social media marketing campaigns, still, email marketing remains the best strategy to use.

Statistics show that email marketing campaigns generate an astonishing 174% more conversions than any campaign run on social media.

20. 35% of respondents say they update email signatures once every few years.

(New Old Stamp)

A third of all companies state they do not update their employees’ email signatures regularly. However, 45% admit they change their signatures two to four times every year.

Only 2% of respondents admitted to frequently changing their signatures on a weekly basis, while 6% do so once or twice per month.

21. 6 in 10 marketers use email signatures for marketing purposes.

(New Old Stamp)

In a recent survey, 62% of marketers have stated that they use email signatures when they engage in email marketing campaigns, either regularly or occasionally.

Furthermore, 45% state they use signatures regularly as they believe it’s a must and needs to be part of any email marketing campaign.

On the other end of the spectrum, a whopping 37% say they do not make use of email signatures and only include basic information, such as name, contact, and company information.

22. 29% say traffic and leads are the biggest concern in an email signature marketing campaign.

(New Old Stamp)

It appears that the biggest hurdle among marketers is generating traffic and leads when conducting an email signature campaign.

Moreover, 28% are concerned with the performance of their marketing efforts, while 16% are worried about setting up the wrong KPIs.

23. The sales department in a company benefits the most from the use of email signatures.

(New Old Stamp)

With 39%, the sales department reaps the rewards of email signatures. The marketing department is closely following with a 38% benefit, while customer support reports only 12%.

Conclusion

Well, we’ve looked at a lot of email signature statistics. And, to be honest, we could have gone on for more.

But, life’s too short to sit reading about all these numbers. Hopefully, you’ve gleaned some useful insight from this email signature statistics-fest and now it’s time to put your newfound knowledge into action and shoot your email signature into the stratosphere.

A corporate email signature is an incredibly powerful tool, and very few truly acknowledge its vast potential. Not only does an email signature represent the employee in a better way, but it will also increase the company’s overall brand image.

What we’ve learned from the statistics in this article is that email signatures can be influential and can easily make or break communication, especially between businesses.

Email signatures are so much more than just a way to include your contact information and sign off on an email. They can be used to reinforce branding and make your emails more visually engaging and interactive.

By not using an email signature, you’re losing out. You’re losing out on exposure, engagement, and the opportunity to showcase your brand.

It’s time to get started now.

Thank you for reading!

30 Alarming Email Phishing Statistics To Be Wary Of (2022)

Sources

• Markets and Markets
• Fortune Business Insights
• KoMarketing
• KoMarketing
• Radicati
• New Old Stamp
• Wise Stamp
• Templafy

AI replacing jobs statistics discovers the impact of artificial intelligence on the global labor market. To use a Terminator 2 parallel, Sarah Connor has done a great job stopping Skynet’s machines from taking over the future – at least for now. We’re writing these lines in the hope that John Connor will see them and jump in to help us if necessary.

Indeed, some occupations will need all the help in the world. On the other hand, some jobs will undoubtedly flourish while we’re still waiting to see the effect of AI on numerous future occupations. There’s no doubt that artificial intelligence will have an immense impact on the future labor market.

Many companies have decided to try AI to help their businesses grow, and a surprising number of them succeeded. Some believe automation will generate more jobs in the future, while others are adamant that using AI is a disaster waiting to happen. Is the proverbial glass large enough for all that water, or is it a matter of time before the cup starts overflowing?

In the lines that follow, we’ll show you some of the most exciting and intriguing stats about AI. Read on to learn which jobs could potentially become extinct and which are destined to become the past. One thing is sure: the following artificial intelligence replacing jobs stats will leave no one indifferent.

Key AI Replacing Jobs Stats (Editor’s Pick)

• Technology has already taken over 42% of jobs that used to exist.
• 50% of companies stated that they have begun using AI in at least one sector.
• 37% of employees are afraid that AI will make their jobs obsolete in the next five years.
• By 2030, a quarter of American workers are expected to lose their jobs as a result of AI.
• Artificial intelligence is expected to replace 800 million human jobs by 2030.
• An average factory worker costs around 10 times as much per hour as a robot.
• AI will create 97 million jobs worldwide by 2025.
• Financial companies would spend up to $110 billion on artificial intelligence by 2024.
• 52% of small businesses are using AI to predict customer needs.
• 100,000 robots are ready to replace human workers at Amazon’s warehouses

AI Replacing Jobs: Is the Past a Mirror of The Future?

The best way to be ready for everything that awaits us in the future is to look to the past. Technological innovation is nothing new and more detrimental shocks have happened to earlier generations. There will always be those who will believe in progress, but also those who rely on the current state of things.

Let’s see what the past used to look like.

1. 42% of jobs have already disappeared due to technological advancements.

(time.com)

Is Nicholas Cage a good or bad actor? We’ll probably never know, but he is a polarizing actor no matter whether or not you like him. The same goes for robotics. There are many studies about technological advancements’ effect on the workforce worldwide.

The U.S. lost around 400,000 jobs between 1990 and 2007 because of it. Economists believe the country lost around 42% (that’s more than four out of ten!) of jobs in this particular period alone.

What will happen with the increasing trend of replacing humans with machines remains to be seen. Are we going to learn from our ancestors’ choices?

2. In 1940, 73% of children went to high school, which set the foundation for robotics and automation.

(theverge.com)

How did robotics develop in the first place? Who deserves credits for making this happen? The early 20th century saw only 18% of children aged 14-17 in high school.

Surprisingly, during the 1940s, this number reached a whopping 73%. As a result, the increased number of educated workers helped push the robotics sector forward without people losing their jobs due to automation.

3. Barcodes reduced the labor costs by 4.5% but didn’t remove the need for cashiers.

(mckinsey.com)

Every technological progress, no matter how big or small, usually goes hand in hand with enthusiasm and simultaneously raising eyebrows. Barcodes largely originated in retail, and their purpose was to automate part of the process, further leading to increased productivity, revenue growth, and reduced prices because of decreasing costs.

All this has led to the fear that, in time, the need for some occupations will be lost. Cashiers, for example, were first on the line of the suspected impact. Although at first, the price of labor fell by 4.5%, cashiers were increasingly needed. In the period between 1980 and 2013, the need for cashiers increased by 2%.

4. Computers have created 15.8 million new jobs in the U.S. since 1980.

(ibm.com)

It wasn’t long after introducing the first personal computer that people started thinking about its impact on society. Some people thought it’ll ruin everything humanity fought for until then. On the other hand, others have been firm advocates of computers and everything they could help people accomplish in the future.

In the end, it turned out the invention of computers was one of the best things that could happen to both people and industries. Computers, directly or indirectly, created 15.8 million jobs in the U.S. starting from 1980 until now.

Can we draw the parallel between computers then and AI now?

5. Technology caused an increase in labor productivity in the U.S. agriculture sector by 51% since the 1990s.

(ourworldindata.org)

People find it challenging to accept changes, especially if they’re difficult to comprehend. Various statistics show how technological advancements affected different sectors. For example, the U.S. GDP per capita rose from $35,542.14 in 1991 to $53,636.48 in 2017.

Overall, we’re looking at an increase of 51% in the 26-year span. Can we expect the same from AI?

6. Only 1 of the 270 U.S. Census occupations disappeared due to automation

(weforum.org)

The biggest concern with AI globalization is the potential negative effect artificial intelligence could have on some occupations. Some experts think AI will wipe out entire sectors, but Harvard economist James Bessen disagrees.

His working paper offered us a glimpse at history. Bessen aimed to establish a connection between eliminated jobs and automation. He looked at the 270 listed occupations from the US Census and found out that only one – elevator operator – has disappeared due to computerization.

AI Replacing Jobs: What About the Near Future?

There is no doubt robots will replace people at their jobs at one point. But the question is how far from this moment we really are. Here’s a closer look at the AI development predictions in the next 5-10 years.

7. Around 50% of companies stated they’d introduced AI in at least one sector.

(mckinsey.com)

It is too early to tell if automation is becoming dominant in the market. However, saying that artificial intelligence plays a minor role in global business development would be an understatement.

Companies are always looking for profit. That said, they will always look for ways to make their business more effective. As per McKinsey’s research, almost half of businesses already included AI in various sectors of operation.

8. Intelligent agents could replace almost 30% of existing jobs by 2030.

(iotforall.com)

Should we fear the rise of intelligent machines? It’s not the first time humanity faced such an issue. In the past, people did most of their agricultural work with nothing but their own hands. The introduction of machines stirred panic among people who were used to making a living using their lands.

In the end, it turns out humans managed to learn how to live with technological progress. However, the question remains if we’re able to withstand new impacts. Projections indicate that one in three jobs will not require humans in less than a decade.

Will this change show us a new ocean of possibilities or open Pandora’s box?

9. 52% of experts believe AI will have no significant impact on the labor landscape in the future.

(pewresearch.com)

The role of AI in the future is a divisive topic that splits opinions between many experts. While some strongly believe humanity is digging its own grave, others tend to disagree on this subject.

Around 52% of experts think AI will have a firm role in shaping the global job market in the not-so-distant future. However, they also believe this will be compensated with new job openings.

10. 37% of workers fear AI will eliminate their jobs in the next 5 years

(cnbc.com)

People fear the unknown. It is a common misconception younger generations are easier to adapt to changing trends. Surveys show almost 4 out of 10 workers between the ages of 18 and 24 fear AI could replace their jobs.

On the other hand, only 27% of people between 25-34 years old believe their occupations will go obsolete in the next five years.

11. 25% of the American workforce could lose their jobs due to AI influence by 2030.

(slate.com)

In reality, nobody really knows what kind of effect automation will produce in the future. It all comes down to guesses and predictions, which change every year. Experts believe businesses will start replacing fired people with machines soon.

Until 2030 around a quarter of American workers will lose their current job positions with the AI advancements. In total, artificial intelligence could cause 45 million people to lose their jobs by the end of this decade.

12. 800 million jobs could disappear by 2030.

(BBC.com)

If the previous statistics didn’t scare you, this one could cause some puff in your cheeks moments. Looking at the global scale, less than a billion people will be left without work if the current progress of AI continues.

The study covered 46 countries, and the results were astonishing. AI automation will affect 20% of the global workforce and cause the obsolescence of 800 jobs.

13. 78% of executives are likely to invest in artificial intelligence.

(forbes.com)

The current labor shortage leads to the increased creativity of companies looking to patch the holes in many sectors.

Around 62% of executives admitted they find it challenging to struggle with recruiting applicants. Consequently, 78% of them are willing to go the extra mile in adopting AI to replace the number of job requirements gap.

14. AI could contribute to the global economy with $15.7 trillion.

(pwc.com)

Many believe artificial intelligence will impact productivity and product variety. In the end, it may go as far as claiming it’ll affect the economy by a high level of affordability in time.

According to some predictions, the economy will feel the positive effects of global automation. AI’s contribution is measured in 12 zeros. Some estimations say artificial intelligence will boost the global economy with a whopping $15.7 trillion.

15. 91% of Greeks believe robots will take over their jobs.

(siliconrepublic.com)

9 out of 10 Greeks are the most optimistic or pessimistic, depending on your angle of approach, when it comes to AI influence in the global job market. The majority of people consider robots will replace our jobs in the future.

However, some of them go as far as saying this trend will leave a massive gap between the rich and the poor. Many people believe this will have a significant impact on unemployment rates, stating they fear many people won’t be able to find new jobs.

16. The average hourly cost of a manufacturer worker is 10 times greater than a robot’s.

(pewresearch.com)

There’s no doubt AI will leave a substantial impact on the manufacturing business. So far, this industry swims on a mix of human labor and automation. However, peoples’ largest concern is the increased profit maximization trend.

There are evident differences between the cost of human and AI labor. People who work in manufacturing have an average hourly rate of $49 in Germany or $36 in the U.S. On the other hand, the average cost of an automated robot is only $4 per hour.

Many fear it is a matter of time when AI will become available to everyone. It could start a chain reaction, and the possible outcome is still under debate.

17. 12 occupations are at most risk of being wiped out by AI.

(saviom.com)

There’s no doubt AI is affecting and transforming businesses as we speak. While some are entirely aware of what’s coming, others still prefer to live in either hope or denial. Some jobs will be more affected than others. Experts were able to paint a grim picture of the jobs expected to be replaced by automotive machines.

The following AI replacing jobs statistics reveal the list of 12 occupations that’ll most likely end overtaken from humans includes:

• Receptionists
• Bookkeeping and data entry
• Customer service executives
• Retail services
• Courier services
• Proofreading
• Soldiers
• Manufacturing and pharmaceutical work
• Security guards
• Taxi and bus drivers
• Market research analysts
• Doctors

18. Robotics could reach a value of $277 billion by 2030.

(businesswire.com)

The mobile economy is slowly overtaking the traditional industrial robots market. Humanity is advancing more and more in the field of robotics. Truth be told, people once predicted much greater progress. Just think of the flying cars from the movie 5th Element.

However, there is growing talk of automated cars and self-guided trucks. People’s need for automation leads to the increasing value of the robotics market. By the year 2030, the automation of robotics will hit a record $277 billion value.

19. The expected medical robots boom could see the market hitting $12.7 billion by 2025.

(globenewswire.com)

We already mentioned doctors as one of the occupations that could go obsolete in the future. Today, robots have a partial role in patient treatment. Robots are already used in rehabilitation therapy. Moreover, many countries are setting aside significant budgets for medical robot research.

We could expect this trend to progress and evolve in the not-so-distant future. With the way technological advancements are progressing, we can expect robotic-assisted surgeries and the adoption of surgical robots to become our everyday.

According to the statistics, this trend will have an immense effect on the global medical robot market, reaching $12.7 billion at the end of this decade.

20. Automation could lead to 21% of women in Latin America losing their jobs.

(sciencedirect.com)

We have already learned how robotics can affect countries’ GDP and improve economics. But, what about people? What is a country without people living in them?

The latest research on the Latin American economy and robotics show 21% of women in this particular geographic area are more likely to lose their jobs due to automation. On the other hand, 19% of men could see their jobs disappear when robots kick in.

However, the research showed that men are in a slightly better position. Male workers are predominant in science, technology, and mathematics which are believed to be the occupations of the future. As a result, this demographic group is currently in less danger than female workers in Latin America.

21. Less than 5% of jobs could be completely automated.

(mckinsey.com)

While we can speculate about the future, for now, a small number of jobs can be replaced by robots. There’s no doubt that current advances in technology guarantee greater automation in the near or distant future. However, only 5% of jobs could be fully automated as things stand now. At least at this point.

22. 120 million workers need retraining due to automation impact.

(forbes.com)

It’s clear that we are still far from having fully automated occupations. However, AI is increasingly affecting certain aspects of our lives. At the moment, the role of artificial intelligence is minor.

Still, AI deployment has led to over 120 million people retraining due to the growing influence of robots and related technology.

23. Around 1 million copywriters are fighting against the machines.

(venturebeat.com)

AI automation lurks around the corner, leaving many jobs are in question. The upcoming wave of smart machines is affecting all business areas, including online writing. There are already a number of AI applications that writers use to generate content.

Moreover, technology is advancing as quickly as a flash, making it challenging to recognize the handwriting of machines and man. Take this article, for example. Is this the work of an impartial writer, or has AI decided to take over the internet and write a self-promotional and affirmative article? Guess you’ll never know.

But don’t worry, people will always need stories with a soul. Therefore, even if the machines take our jobs, have no worries – we’ll be back!

24. 3 million customer service representatives could end up with no jobs.

(bls.gov)

Moving on to the next subject. As mentioned earlier, the upcoming AI revolution will affect the existing workforce outlook. Customer service representatives are in the first lines of the front. According to BLS, around 3 million people work in this industry.

With the current state of affairs, all of these jobs will be replaced by robots. What’s going to happen with all these people? Are they going to retrain or lose their jobs? We still haven’t got a clear answer.

25. AI will generate 97 million jobs by 2025.

(udacity.com)

The fact is that the upcoming trend of substituting people with robots will change the look of today’s workforce global picture. However, some roads are being closed to open new ones. So many experts believe that the introduction of AI will lead to the creation of as many as 97 million jobs.

Are we going to be able to cash in an opportunity?

AI Replacing Jobs Statistics in Manufacturing

Many industries are likely to introduce AI as a solution to improve production. Let’s see what kind of effect artificial intelligence could have on the manufacturing business.

26. BMW group brought AI to 31 sites.

(fortunebusinessinsights.com)

We could say artificial intelligence plays a crucial role in BMW’s manufacturing business. Thanks to the introduction of AI, the company managed to improve its production process. The main idea was to reduce the rework and enhance the production process.

Hence, BMW incorporated this technology in 31 sites across 15 countries. Today, the company built on a smart data analytics image recognition system and increased product quality inspection.

27. Manufacturing data consumption is around 1,812 petabytes per year.

(deloitte.com)

Manufacturing has come a long way in the last couple of decades. The industry is expanding, which results in tons of information exchanging every day. Naturally, the processes are becoming more complex. As a result, decision-making is becoming increasingly challenging.

Manufacturing produces 1,812 PB per year, which is significantly more than industries such as finance, retail, and communications. Therefore, the industry sees salvation in the introduction of AI in order to make solving but also anticipating problems as efficient and effective as possible.

28. Artificial Intelligence in the manufacturing market could grow to $16.7 billion.

(marketsandmarkets.com)

Many regions are adopting robotics and AI manufacturing. As a result, there’s a noticeable growth in Asia and the Pacific market. Manufacturers are more likely to seize this opportunity and expand their business by offering new products. These events are likely to affect the manufacturing market growth up to $16.7 billion by 2026.

29. 59% of people consider AI should be introduced in quality control.

(statista.com)

A little more than half of the correspondents stated AI would play an essential role in quality control. This could standardize production and improve inspection processes, according to Statista’s research.

Among the most important industries that could benefit the most from artificial intelligence are:

• Inventory management: 44%
• Monitoring: 32%,
• Customer care: 29%
• Personalization of products & services: 22%
• Asset maintenance: 22%.

30. 38% of companies believe AI is helping their employees do better.

(cloud.google.com)

Companies choose to introduce artificial intelligence into their business processes for a variety of reasons. Some companies believe that the daily use of AI brings greater business continuity.

On the other hand, certain companies see such technological innovations as upgrading their employees’ skills. Consequently, 38% of companies believe that AI helps in making their employees much more efficient and effective.

AI Replacing Jobs Statistics: Technology Within Finance Sector

AI-powered automation is omnipresent in the financial sector. Artificial intelligence can improve financial planning services and resolve service-related issues with ease. What are the future trends? Let’s find out.

31. 60% of banks have either closed or reduced working hours in their branches.

(forbes.com)

Though many would assume the reason why 60% of banks are closing their branches lies in the events that occurred recently, the reality is much different. Banks are closing their branches faster than ever. The reason behind this maneuver is to save a great deal of time.

The financial sector has introduced new and exciting services like account verifications, account creations, and contactless payments, which are based on some sort of AI. New generations will have no problems adjusting, as most Millenials already prefer using apps over visiting branches.

32. The global spending on AI in the financial sector could rise to $110 billion by 2024.

(OECD-library.org)

The financial sector will rely on AI mechanisms more and more as time goes by. The main idea is to reduce friction costs and improve productivity levels.

Moreover, implementing artificial intelligence in the sector can improve the quality of service and products, which can directly affect its profitability.

As a result, the financial sector is investing more than ever in AI. The total spending could reach a staggering $110 billion in 2024.

33. Applications based on artificial intelligence could save $447 billion by 2023.

(businessinsider.com)

Many processes within the financial sector, especially those related to communication with clients, are significantly facilitated. Banks have already introduced various AI-based applications that allow clients to easily open accounts, cash transactions, and take out loans.

This turned out to be a real business move, given that banks will potentially save as much as $447 billion by 2023. It is no wonder why banks are now considering the further introduction of AI in their processes.

34. 58% of people think fraud detection could benefit the most from AI.

(statista.com)

Wherever there is a lot of money, there will be people who’ll want to take advantage of the situation and get hold of it illegally.

As many as 58% of people believe that the introduction of complex algorithms could significantly improve fraud prevention. AI could be of use in identifying and preventing such fraudulent activities.

35. AI-based software can predict fraudulent activities with 90% accuracy.

(mordorintelligence.com)

We have to admit machines are able to complete more complex jobs in much greater frequency than people. After all, AI can see way more than an average human eye. That is why we trust machines in jobs like fraud prevention and detection rather than people. The software can detect such irregularities with 90% of precision.

AI Replacing Jobs Statistics: Are Robots Conquering the Marketing Sector?

Automation is present in various technologies. The introduction of AI in the marketing sector has changed the perspective of both buyers and sellers. Some occupations are threatened to extinction, while others will rise.

Find out how marketers react to the increasing influence of artificial intelligence.

36. 56% of marketers believe AI will create more jobs.

(imeanmarketing.com)

Marketing companies are increasingly entrusting work to artificial intelligence. Businesses rely on AI to increase revenue and reduce costs.

Moreover, using machine learning and data science, businesses are able to scale their strategies better and increase productivity. Some companies are teaming up with machines and people in the desire to engage more with existing and potential customers.

Although many occupations in the marketing business are in the red zone, with the increasing possibility of going extinct, many people believe AI will only help their sector grow.

Consequently, more than half of correspondents believe artificial intelligence will produce more workplaces within the next decade.

37. 52% of small businesses rely on AI for marketing analytics

(forbes.com)

The largest AI adoption ratio is with $500 million to $1 billion companies, which heavily rely on conversational AI for customer service. On the other hand, only 52% of small businesses have adopted predictive analytics for customer insights.

Simultaneously, the smallest companies are the leaders in AI spending. Thus, we can expect changing trends in the near future.

38. 41% of marketers stated automated machines improved their revenue and performance.

(statista.com)

According to a survey conducted by Statista.com, around 41% of marketers believe AI has helped their business grow in many ways. Correspondents stated artificial intelligence helped them boost revenue growth and performance.

On the other hand, 40% of marketers believe they’ve managed to get more actionable insights provided by AI marketing data. Moreover, 35% of correspondents saw reduced time spent on repetitive tasks.

AI Replacing Jobs Stats in Transportation & Logistics

From animal-drawn carts to self-driving trucks. Let’s review the most interesting AI statistics related to one of the essential industries – transportation.

39. The transportation sector’s investments in AI could reach $3.5 billion in 2023.

(forbes.com)

Businesses in the transportation sector are looking for creative ways to fight off competitors. As a result, many companies decided to invest in AI. By 2023 the AI transportation market could reach $3.5 billion.

Imagine having your personal Transformers one day. It could come in handy one day for saving the world. You never know.

40. 100,000 Amazon warehouse robots await to replace human jobs.

(indatalabs.com)

Companies are looking for different ways to further save on the production and transportation of goods. AI is now capable of processing shipping data, filing invoices, and much more.

Amazon is one of the world’s largest companies, employing a large number of people. That’s why the fact that this company has more than 100,000 robots ready to replace humans at any moment sounds a bit intimidating.

41. 17,000 cargo ships transport goods worldwide

(dataversity.com)

Globalization has taken off, and today, products worldwide are available to us with one click. As a result, the transportation industry is busier than ever. About 17,000 ships sail each day carrying billions of dollars in cargo.

For this reason, companies are looking for various ways to make their deliveries faster, more efficient, and more productive. The latest information from Rolls-Royce says that this company, in cooperation with Google, started the production of automated ships. Is there room for captains, or will they become redundant?

42. Despite 8.7 million truck-related jobs, the U.S. is still battling a lack of drivers.

(ideaplusbusiness.com)

Jobs that require truck drivers are among the most sought after in the United States. The American Truckers Association has been fighting for years to reduce labor shortages. However, the search did not result in better conditions for truckers, who continue to spend hours, days, and weeks on the road.

On the contrary, the solution was found in investing in AI and self-driving trucks that will be able to dominate the roads in the U.S. and also the rest of the world.

Even in 2016, the US government spent as much as $4 billion to enable the rapid introduction of AI in the transportation business.

43. Companies that implement artificial intelligence could increase turnover between 3-10%.

(prescouter.com)

The future of truck drivers lies heavily in artificial intelligence hands. Let’s say that all predictions will come true and that companies will compensate for the lack of drivers with fully automated machines. In this case, such companies can expect significantly higher turnover, which varies between 3-10%.

As the market dictates the conditions, other companies will be practically forced into the in for a penny in for a pound scenario in order to survive on the market. This just means that there is a good chance that it will lose the need for as many as 3.5 million active drivers in the U.S.

Statistics on AI Replacing Jobs in Medical Care

If you’ve ever watched Prometheus, you probably noticed how they enter the capsule and choose diagnostics while mechanical hands conduct complex operations within a minute. Well, without the desire to rain on anyone’s parade, but we’re not even close to that moment. Still, AI is the future of medical care; let’s see how.

44. 63% of people think AI will help in treating cancer.

(healthcareitnews.com)

It doesn’t necessarily mean that AI will take over every job in human health care. Sometimes man and machine can work together to achieve a goal. Machines are capable of processing significantly more data than humans, and that is the fact that we must all accept.

Therefore, 63% of people believe that the development and introduction of AI will lead to the detection and easier treatment of diseases such as cancer. A similar number of respondents believe that heart disease, even diabetes, will benefit the most from intelligent machines.

45. 30% of healthcare costs go to administrative tasks.

(businessinsider.com)

Around one-third of the hospital’s budget is spent on administrative costs as per the latest statistics. On the one hand, the introduction of AI would significantly reduce spending in the administration sector.

On the other hand, administrative tasks in hospitals are performed by many people, so the logical question is what will happen to all of them?

46. Software solutions brought a 39.9% increase in revenue to healthcare.

(grandviewresearch.com)

AI is taking over healthcare by storm. You can notice smart software solutions in many areas like cybersecurity, virtual assistants, clinical trials, telemedicine, fraud detection, and others. As a result, healthcare institutions saw a 39.9% increase in revenue.

Though this could lead to more efficient patient treatment and potentially reduced costs of healthcare, it remains to be seen how AI will affect current job positions in this sensitive industry.

Conclusion

Every time you wake up in the morning thinking how you hate your work, wishing for your office to magically disappear, bear in mind it could happen faster than you think. We make all kinds of wishes all the time. However, some are better to remain unfulfilled.

Hopefully, these statistics about AI replacing jobs can help you understand better global trends related to artificial intelligence machines. The idea of this article was not to provoke or scare anyone but to spark people to start thinking about the future. The AI is on its way, ready to take over our jobs.

It’s wild to think that in the future, robots and AI could be doing all of our jobs. Well, maybe not all of them, but a lot of them. But instead of freaking out about that, let’s look at the bright side: There are some jobs that AI will never be able to do. Machines can’t make us feel empathy, write poetry, or appreciate a sunset like we can.

When your job gets replaced by an AI system, don’t worry—you’ll find something better. But there is no better time than now to start planning your future. Let’s all rethink our positions and become better prepared for what’s coming. Perhaps skills improving or even changing careers could be the best thing that ever happened to us.

Thanks for sticking with us for this look at the stats behind AI replacing jobs. It’s been a long road, but we are so glad we could share it with you. The topic of AI and job automation is, in our opinion, one of the most critical of our time. It’s going to keep many people up at night, and I can tell you that it certainly has me thinking about the future of my own career.

The one thing that’s certain to me is that there is a lot more work to be done on this topic. The impact of AI on job loss will be felt across the world and by many billions of people—and we’re only just beginning to understand how best to adapt and prepare.

We hope you found something useful here today—whether it was a specific stat or just a bit more context on the issue as a whole. And please feel free to send us your thoughts: what would you like to know more about? What other topics do you want us to cover? Let us know! We’d love to hear from you.

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