Global Print on Demand Market By Platform (Software (Integrated and Stand-Alone) and Service), By Product (Apparel, Home Decor, and Other Products), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032
- Published date: Dec 2023
- Report ID: 100009
- Number of Pages: 270
- Format:
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Report Overview
The Global Print on Demand Market size is expected to be worth around USD 43.07 Billion by 2033, From USD 3.94 Billion by 2023, growing at a CAGR of 27.80% during the forecast period from 2024 to 2033.
The Print on Demand industry presents growth opportunities through expanding e-commerce, fostering increased demand for customized products. Technological innovations in digital printing, like 3D and variable data printing, offer avenues for efficient and versatile customization. Leveraging collaborations with content creators, artists, and brands to offer unique, limited-edition prints amplifies market potential.
Moreover, addressing sustainability concerns by reducing overproduction and waste through on-demand printing further enhances growth prospects, positioning Print on Demand as a pivotal player in personalized merchandise and tailored consumer goods.
Print-on-demand (POD) printing technology enables the production of printed materials in small numbers or even single copies as they are ordered. This method offers greater flexibility and cost efficiency during the printing process since there’s no need for large print runs or inventory storage.
Rising consumer preferences and an interest in gifting custom-made products on special occasions have increased demand for personalized apparel, home decor, accessories, and drinkware; driving market growth.
Factors such as rising disposable incomes, internet penetration rates, and smartphone adoption as well as fashion apparel trends drive this growth of print-on-demand (POD). In publishing, POD revolutionized how books are printed and distributed authors no longer need a traditional publishing contract or upfront costs associated with producing large numbers of books.
Note: Actual Numbers Might Vary In the Final Report
Key Takeaways
- The print-on-demand market is expected to reach approximately USD 43.07 billion by 2032, with a projected Compound Annual Growth Rate (CAGR) of 27.8% between 2023 and 2032.
- print demand (POD) technology allows the production of printed materials in small numbers – or even single copies – at reduced costs and with no need for large print runs or inventory storage.
- Drivers of Market Growth: Increasing internet penetration and online retail shopping are driving demand for print-on-demand products.
- Challenges Faced by the Market: Maintaining quality control poses a challenge, given the involvement of multiple vendors with varying printing processes.
- The software platform segment holds the dominant share, accounting for 73% of the market in 2022, with a projected CAGR of 26.6%.
- Among the product types, the apparel segment dominates the market, holding a 37% share in 2022 and a projected CAGR of 27.4% from 2023 to 2032.
- Regional Analysis: North America currently dominates the global print-on-demand market with a 40% revenue share. However, Asia Pacific is anticipated to have the highest CAGR of 27.9% during the forecast period, attributed to the presence of major market players and increased internet penetration.
- Key Market Players: Prominent companies in the print-on-demand market include Amplifier.org, Apliiq, CustomCat, Gelato, Gooten, JetPrint Fulfillment, Printed Mint, Printful, Inc., Printify, Inc., Printsome, Prodigi Group, Redbubble Group, T-Pop, Teelaunch, VistaPrint, and Zazzle Inc., among others.
- Recent Developments: Gooten’s partnership with Fujifilm to enable print-on-demand manufacturing for organizations of all sizes, and Apliiq’s announcement of additional Kornit Storm systems for digital direct-to-garment production are significant advancements in the industry.
Driving Factors
Increasing Internet Penetration and Online Retail Shopping Drive the Demand
The preferences for unique and fashionable products, increased internet usage, and online retail shopping platforms, are all factors driving the demand for print-on-demand products. Print-on-demand platform provides customized services to be made quickly and effectively, which is increasingly required in a growing personalized pace where customers seek unique items.
Depending on the online platform, artists and merchants having a print-on-demand business and inadequate to sell their services online, this can be done through their existing online platform or a new one. The service providers will print the customer’s orders and ship the product to the customers, completing the end-to-end fulfillment service.
Print-on-demand can be a more sustainable alternative to traditional printing methods, as it reduces waste and excess inventory. The advancement in technology has made it simpler and cost-effective to manufacture high-quality prints on demand leading to a rise in demand for such products.
Restraining Factors
High Competitive Environment and Intellectual Property Issues
The print-on-demand market opens up a huge array of products but still, there are some limitations. Some materials like certain fabrics or textures may not be suitable for digital printing processes. Print-on-demand products require more shipping and delivery time compared to traditional items that are in stock which may be an issue for customers who require products quickly.
Maintaining quality control in the print-on-demand market can be a challenge particularly since products are produced by different vendors with varying printing processes and equipment. The print-on-demand market is becoming increasingly flooded with more companies and individuals entering it and offering similar products which makes it an obstacle for new entrants to stand out and compete effectively.
Furthermore, print-on-demand products may be subject to intellectual property issues like copyright infringement since individuals can easily upload and print images that they do not possess the right to use.
Growth Opportunities
Enables Production of High Quality and Customized Products
The global print-on-demand market is a growing industry that presents many opportunities for businesses & entrepreneurs around the world. Print-on-demand technology enables companies to produce high-quality & customized products on an as-needed basis, which reduces the need for large inventory storage & minimizes production costs.
With the rise of e-commerce and the increasing demand for personalized products, the print-on-demand market has seen a rush in popularity in the last few years. From t-shirts & phone cases to books & home decor, there is a wide range of products that can be produced using print-on-demand technology.
As the market continues to expand, businesses that invest in print-on-demand technology have the potential to tap into a lucrative and rapidly growing industry.
The Print on Demand Market showcases promising growth avenues driven by evolving consumer preferences and technological advancements. Customization trends in consumer goods, including apparel, books, and personalized merchandise, offer substantial market potential.
The surge in e-commerce and online retail platforms fuels demand for on-demand printing services, facilitating quicker order fulfillment and reducing inventory costs. Additionally, advancements in digital printing technologies, such as 3D printing and variable data printing, present opportunities for efficient and cost-effective customization.
Collaborations with artists, brands, and influencers to offer exclusive, limited-edition prints further amplify market prospects, positioning Print on Demand as a dynamic and evolving industry.
Trending Factors
Increasing Eco-friendly Materials and Processes
The global print-on-demand market has seen various trends occurring in past years. Consumers are rapidly seeking unique & customized products which tend to the rise of print-on-demand services for a huge range of products including clothing, accessories, and home decor. Another trend in the print-on-demand market is the increasing use of eco-friendly materials & processes.
As customers become more environmentally conscious there is a rising demand for sustainable and environment-friendly products. Advancements in print-on-demand technology have made it possible to create high-quality products at a lower cost which fuels the growth of the market.
The market will see more innovations in print-on-demand technology along with new opportunities for businesses to capitalize on the rising demand for customized products.
Trending factors in the Print on Demand Market include the surge in online businesses and e-commerce, driving the demand for personalized and unique products. The rise of independent artists, content creators, and influencers leveraging print-on-demand services to monetize their creativity adds momentum.
Sustainability concerns prompt a shift towards on-demand printing, reducing overproduction and minimizing waste. Moreover, the integration of AI-driven personalization and advanced printing technologies enhances the customization experience, catering to individual preferences.
The increasing popularity of niche markets and limited-edition products further contributes to the trend, signaling a consumer inclination towards exclusive, tailor-made items in the Print on Demand landscape.
Platform Analysis
The Software Platform Segment is the Dominant
Based on the platform, the market for print-on-demand is segmented into software and service. Among these platform types, the software segment is the most lucrative in the global print-on-demand market with a projected CAGR of 26.6%.
The total revenue share of the software platform segment is 73% in 2022. The software segment is again classified into integrated and stand-alone software, and the growth can be attributed to the growing technological adoption and investments by service distributors in the print-on-demand market.
Also, the service providers can provide various software solutions such as Application Programming interfaces (APIs) and design-making tools. Furthermore, the service segment is projected to register a CAGR of 28.5% during the forecast period. This can be credited to a huge number of service providers providing drop shipping, and end-to-end fulfillment services.
Product Analysis
The Apparel Segment is Dominant in the Global Print On Demand Market
By product type, the market is further divided into apparel, home decor, drinkware, accessories, and other products. Apparel is estimated to be the most lucrative segment in the global print-on-demand market, with a market share of 37% in 2022 and a projected CAGR of 27.4%, between 2023 to 2032.
Due to the increase in the shift toward trendy fashion apparel, rapid penetration of online retail in the fashion industry, and the younger generation looking for custom and unique products retain the market position during the forecast period. However, the home décor segment is anticipated to register a CAGR of 27.8% over the forecast period.
The growing perception toward remote working worldwide from the pandemic as more people are residing at home and looking to improve their home space is attributed to the market growth. The rising availability of an inclusive range of home and lifestyle category products such as mats, cushions, canvas, and others is giving customers choices and driving the demand.
Note: Actual Numbers Might Vary In the Final Report
Key Market Segments
Based on Platform
- Software
- Integrated
- Stand-Alone
- Service
Based on Product
- Apparel
- Home Decor
- Drinkware
- Accessories
- Other Products
Regional Analysis
North America is the Dominant Region in the Global Print On Demand Market
North America dominated the global print-on-demand market with the largest revenue share of 40% and a projected CAGR of 27.2% during the forecast period. The factors that propel the market growth for print-on-demand are stable economies, the presence of manufacturing facilities, and technology infrastructure.
However, Asia Pacific is anticipated to register the highest CAGR of 27.9% during the forecast period. The growth can be attributed to the presence of major market players. The increasing internet penetration and smartphone adoption along with a huge number of online shopping portals are the major growth factors for the regional market.
Note: Actual Numbers Might Vary In the Final Report
Key Regions and Countries Covered in this Report:
- North America
- The US
- Canada
- Europe
- Germany
- France
- The UK
- Spain
- Italy
- Russia
- Netherland
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia
- New Zealand
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
The leading key players are utilizing various strategies to expand their businesses to beat the competition in the global market. Companies are primarily employed in research and development to provide high-quality products that meet the growing demand for print-on-demand technology.
To boost global revenues print on demand markets companies are employing various tactics such as mergers & acquisitions, partnerships, and collaborations.
Market Key Players
- Amplifier.org
- Apliiq
- CustomCat
- Gelato
- Gooten
- JetPrint Fulfillment
- Printed Mint
- Printful, Inc.
- Printify, Inc.
- Printsome
- Prodigi Group
- Redbubble Group
- T-Pop
- Teelaunch
- VistaPrint
- Zazzle Inc.
- Other Key Players
Recent Developments
- In June 2022, Gooten revealed its partnership with Fujifilm to measure print-on-demand manufacturing of all organization sizes. This partnership will take print-on-demand services to online merchants, small enterprises, and retailers.
- Apliiq has announced that additional Kornit Storm systems will be available for digital direct-to-garment (DTG) production. These installations are in conjunction with Apliiq’s new Philadelphia production facility. Listed below are some of the most prominent print-on-demand industry players.
Report Scope
Report Features Description Market Value (2022) USD 3.94 Bn Forecast Revenue (2032) USD 43.07 Bn CAGR (2023-2032) 27.8% Base Year for Estimation 2022 Historic Period 2016-2022 Forecast Period 2023-2032 Report Coverage Revenue Forecast, Market Dynamics, COVID-19 Impact, Competitive Landscape, Recent Developments Segments Covered By Platform (Software(Integrated and Stand-Alone) and Service), By Product (Apparel, Home Décor, Drinkware, Accessories, and Other Products) Regional Analysis North America – The US, Canada, & Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA Competitive Landscape Amplifier, Apliiq, CustomCat, Gelato, Gooten, JetPrint Fulfillment, Printed Mint, Printful, Inc., Printify, Inc., Printsome, Prodigi Group, Redbubble Group, T-Pop, Teelaunch, VistaPrint, Zazzle Inc., Other Key Players Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) Frequently Asked Questions (FAQ)
What is the size of the Print on Demand Market in 2022?The Print on Demand Market size was estimated to be USD 3.94 billion in 2022.
What is the projected CAGR at which the Print on Demand Market is expected to grow at?The Print on Demand Market is expected to grow at a CAGR of 27.8% (2023-2032).
List the key industry players of the Print on Demand Market ?Amplifier.org, Apliiq, CustomCat, Gelato, Gooten, JetPrint Fulfillment, Printed Mint, Printful, Inc., Printify, Inc., Printsome, Prodigi Group, Redbubble Group, T-Pop, Teelaunch, VistaPrint, Zazzle Inc., Other Key Players engaged in the Print on Demand Market .
Which region is more appealing for vendors employed in the Print on Demand Market ?North America dominated the global print-on-demand market with the largest revenue share of 40% and a projected CAGR of 27.2% during the forecast period.
- Amplifier.org
- Apliiq
- CustomCat
- Gelato
- Gooten
- JetPrint Fulfillment
- Printed Mint
- Printful, Inc.
- Printify, Inc.
- Printsome
- Prodigi Group
- Redbubble Group
- T-Pop
- Teelaunch
- VistaPrint
- Zazzle Inc.
- Other Key Players
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