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What is the market size of the flag customization industry?

Sohu.com reported in February 2024 that garden flags, which are only suitable for foreign festivals, have a monthly search volume of up to 47,000. As a subcategory of flag customization, they have shown great market demand. From a business perspective, Chinese customized consumer goods manufacturer Michaelis recorded sales of US$21 million in the 12 months to April 30, 2024, and its products include customized consumer goods such as flags. Another example is XX Textile Technology Co., Ltd., whose stadium flag business accounts for more than half of the company's total business, and is the designated supplier of the World Cup, European Cup, Olympic Games and the four major North American leagues. It can be seen that the flag customization industry has a large market size in different application scenarios, and as the demand for personalization and customization grows, the market size is expected to further expand in the future.