Print On Demand Market By Platform (Software, Service) By Software (Stand-alone, Integrated) By Product (Apparel, Home Décor, Drinkware, Accessories, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The global print on demand market report explores the critical analysis of the print on demand industry using key parameters. The report consists of investment strategies, the need for investments in the print on demand industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the print on demand industry and how economic and non-economic barriers are helping the print on demand market grow. Moreover, the report analyzes the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

Key Highlights of the report

How are the major segments performing in the Print On Demand market?

• The biggest revenue share in 2021 came from software by platform, and this dominance is predicted to last the entire prediction period. The expansion of the software market can be attributable to the increased technological investment made by print on demand service providers. Application programming interfaces (APIs) and design-making tools are just two examples of the types of software providers' offerings. Print on demand vendors can connect their current online store with a print on demand platform using the API.
• Revenue from the print on demand sector made up the greatest portion of the integrated segment by software in 2021 and is predicted to hold this position throughout the forecast period. This may cause a rise in the popularity and awareness of integrated software. This market's expansion is fueled by several third-party e-commerce platforms and connectivity simplicity. The desire for integrated solutions is also driven by flexible solutions, improved processing power, and cost-effectiveness.
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Which region dominated the print on demand market?

Since 2021, North America has led the print on demand market sales, and this dominance is predicted to continue during the forecast period. The availability of production facilities for print on demand products, stable economies, and technological infrastructure all support market expansion. US is home to some of the biggest print on demand businesses, including Printful, Printify, and Zazzle. Fulfillment centers are in the area for several foreign businesses, including Redbubble Ltd. in Australia and Gelato in Norway.

How is US Market Performing in the print on demand market?

n 2021, the US dominated the world market for print on demand software. This can be attributed to the fact that there are many print on demand companies operating in the nation. Additionally, the nation's manufacturing base and innovative spirit are propelling the growth of the business sector. This domination is because print on demand software provides a framework for precisely and optimally managing and updating printing equipment and processes. Businesses may use print control software to include the management of printing equipment. Allowing companies to manage and monitor their whole printer fleet from a single application interface also aids businesses in reducing printing expenditures.

What is the competitive environment of the print on demand market?

The print on demand industry's competitive environment provides information on the entire economic profit made by suppliers and businesses, the sales and revenues created in this sector, the print on demand market share globally, the business organization summary, the introduction of new products, and the opportunities for the industrial print on demand market. Many manufacturers are exploring the opportunities in print on demand 3d printing to gain a competitive advantage and trying to figure out the best print on demand technique and framework.

Executive Summary

What is Print On Demand?

Printing on demand is a technology and business practice that enables single or small-batch printing by delaying the production of book copies (or other documents) until the company gets an order. Until the invention of digital printing, "print on demand" could not exist since it was not economically feasible to produce single copies using conventional printing technologies such as offset and letterpress. This prevented other businesses from developing the build-to-order business model.

Print on demand is a framework for precisely and optimally controlling and optimizing printing equipment and processes. By enabling customers to track, manage, and control their entire printer fleet from a single application interface, it helps businesses cut their printing expenses. Print management software enables quick and offsets printing, mailing, and delivery. Thanks to its single control, this tool can manage desktop printers, scanners, and copiers. Print management software is accessible in independent and embedded formats within controlled print facilities.

Which are the key investments by the print on demand market players?

Leading players operating in the print on demand market are focusing on expansion in the market. For instance, in September 2019, Prodigi Group purchased Kite Tech Ltd., a technology business in London, United Kingdom, specializing in print on demand goods from Canon Europe. The company anticipates that integrating Kite Tech Ltd.'s e-commerce software with Prodigi Group's API platform will increase sales while lowering production and inventory management costs Gooten and Fujifilm announced their agreement in June 2022 to scale print on demand production to companies of all sizes. Through their collaboration, online retailers, small enterprises, and stores will access print on demand solutions. Gooten reported in December 2021 that it had received a total of $15 million in funding from Tech Pioneers Fund, ff Venture Capital, and KEC Ventures.

Some major players in the print on demand market are Amplifier; Apliiq; CustomCat; Gelato; Gooten; JetPrint Fulfillment; Printed Mint; Printful, Inc.; Printify, Inc.; Printsome; Prodigi Group; Redbubble Group; T-Pop; Teelaunch; VistaPrint; and Zazzle Inc.

What are the Major Driving Factors for the Print On Demand Market?

The need for print on demand is fueled by rising disposable income, rising internet penetration and smartphone use, and a preference for trendy garments and distinctive goods. The market is growing as a result of rising e-commerce sales. The market benefited from the COVID-19 pandemic. People started buying online due to the lockdown limitations, and print on demand products saw increased sales. The need for print on demand services is rising due to consumer preferences for original goods and fashionable clothing. One of several elements supporting the sector's progress is the rise in online retail sales.

What are the Major Risks for the Print On Demand Market?

The lack of transparency or oversight for individuals in charge of creating works of art or materials is one of the most fundamental market restraints. The fact that the artists have no influence over the caliber of the finished output and not all of them have access to the customer list leads to this dilemma. Additionally, the artists are not compensated until the finished product is done, which can leave the customers dissatisfied. In this situation, people might look into the various options at their disposal. Moreover, defining print on demand pricing model is also a challenge to the market.

Which is the key platform in the print on demand market?

The print on demand market has been divided into software and service categories based on the platform. Over the projected period, the service segment is expected to have the greatest CAGR. This is explained by the rise in service providers offering end-to-end fulfillment and drop shipping. The service providers include marketing and branding services, such as custom packaging, and creative services, such as photography and graphic design. Creative market print on demand retailers and artists can use these services' convenience and variety.

The software sector had the biggest revenue share in 2021, and it is anticipated that it will continue to dominate for the duration of the projected period. The expansion of service providers' technological investments in the print on demand market is responsible for the growth of the software category. Software solutions from service providers include design tools and application programming interfaces (API). Print on demand vendors can easily combine their current online store with a print on demand platform thanks to the API.

How is the print on demand market performing in regions?

Due to several variables, including strong economies, constant economic growth, and technological infrastructure and facilities for producing print on demand goods, North America holds the largest proportion of the worldwide print on demand industry. For instance, the most profitable print on demand businesses in the world, like Printful, Inc., Printify, Inc., and Zazzle, Inc., have their corporate offices. The Norwegian company Gelato and the Australian Redbubble Ltd. have fulfillment centers in North America. Both of these businesses have global headquarters.

Over the forecast period, Asia Pacific is anticipated to have the highest CAGR. The expansion can be attributable to the presence of significant market participants. The primary growth drivers for the regional market are increasing smartphone usage, internet penetration, and a sizable number of online shoppers. The area market is anticipated to expand due to technological developments and numerous sizable textile factories.

What is the key software segment for the print on demand market?

Due to growing acceptance and awareness of integrated software, the integrated sector now accounts for the largest revenue share and is projected to increase at the fastest CAGR. The accessibility of a substantial number of third-party e-commerce platforms and the simplicity of connecting drive the segment's growth. It is anticipated that the standalone sector will maintain its position throughout the predicted period. Redbubble Group of Australia and Zazzle Inc. of the United States are notable print on demand websites. The autonomous platform works like a marketplace where designers and business owners produce and sell their products. Because they are spared the research necessary to understand technological issues, sellers find it handy.

What is the Print On Demand Market Size?

The global print on demand market is anticipated to grow at a substantial CAGR of 25.4% in the upcoming years. The global Print On Demand industry was estimated to be worth USD 4.5 billion in 2021 and was expected to be worth USD 17.9 billion by 2028.

What are the major players planning for the future of the print on demand market?

Due to numerous international and regional market competitors, the industry has a fragmented competitive landscape. Leading market participants are implementing methods including alliances, partnerships, mergers and acquisitions, and agreements to thrive in the fiercely competitive climate and expand their commercial reach. Additionally, service providers are investing significant money in research and development activities to create cutting-edge products and incorporate new technology into their offers to get an advantage over rival market competitors.

Segmentation of Global Print On Demand Market-

Global Print On Demand Market – By Platform

• Software
• Service
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Global Print On Demand Market – By Software

• Stand-alone
• Integrated
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Global Print On Demand Market – By Product

• Apparel
• Home Décor
• Drinkware
• Accessories
• Others
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Global Print On Demand Market – By Region

• North America
  • USA
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa