Print On Demand Market Revenue Forecast by Regions 2030

Print On Demand Market Growth & Trends

The global print on demand market size is anticipated to reach USD 39.40 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 26.1% from 2022 to 2030. Print-on-demand is a technology that enables artists, designers, writers, and numerous entrepreneurs to sell custom-designed products by collaborating with white-label product suppliers. It eliminates the need of maintaining an inventory as after the confirmation of a sale the supplier takes care of the order including from printing to shipping. With the increasing demand for personalized products, the growth of the print-on-demand industry is expected to rise in near future.

Gather more insights about the market drivers, restrains and growth of the Global Print On Demand Market

U.S. print on demand market size, by platform, 2020 - 2030 (USD Billion)

Market Segmentation:

Grand View Research has segmented the global print on demand market based on platform (Software, Service), software (Stand-alone, Integrated), product (Apparel, Home Décor, Drinkware, Accessories, Others).

Based on Regional Insights, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America dominated the market in 2021 and is anticipated to maintain its dominance over the forecast period.

Factors such as technology infrastructure, stable economies, and the presence of manufacturing facilities for print-on-demand products are the reasons for the growth of the market. For instance, some of the largest print-on-demand companies like Printful, Inc., Printify, Inc., and Zazzle Inc. are headquartered in U.S. Companies based outside North America like Norway-based Gelato, and Australia-based Redbubble Ltd. also has fulfillment centers in the region.

Asia Pacific is expected to register the highest CAGR of 27.9% over the forecast period.

The growth can be attributed to the existence of major market players. Growing internet penetration and smartphone adoption along with a large number of online shoppers are the key growth drivers for the regional market. Technological advancements and the presence of several large textile units are expected to contribute to the growth of the regional market.

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Key Companies

The key players in the global print on demand market include - Amplifier, Apliiq, CustomCat, Gelato, Gooten, JetPrint Fulfillment, Printed Mint, Printful, Inc., Printify, Inc., Printsome, Prodigi Group, Redbubble Group, T-Pop, Teelaunch, VistaPrint, Zazzle Inc.

The market has a fragmented competitive landscape as it features various global and regional market players. Leading industry players are adopting strategies such as partnerships, collaborations, mergers and acquisitions, and agreements to survive the highly competitive environment and enhance their business footprints. Moreover, service providers are spending substantial funds on research and development activities to develop advanced products and integrate new technologies in their offerings to achieve a competitive lead over other market players.

Market Share Insights

September 2019: Prodigi Group acquired London, U.K.-based Kite Tech Ltd, a technology company specializing in print-on-demand products from Canon Europe.

 

Order a free sample PDF of the Print On Demand Market Intelligence Study, published by Grand View Research.

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