Press release
Global Catalogue Market Projected to Grow at 18.4% CAGR, Reaching $212.8 Billion by 2029
Catalogue
What Will the Catalogue Industry Market Size Be by 2025?
The size of the catalogue market has witnessed a massive increase in the past few years. The growth is expected to rise from $89.89 billion in 2024 to $108.12 billion in 2025, with a compound annual growth rate (CAGR) of 20.3%. The expansion during the historic period can be linked to factors such as prevalence of print, consumer behavior, and elements of design and aesthetics.
What's the Long-Term Growth Forecast for the Catalogue Market Size Through 2029?
The expected expansion of the catalog market over the coming years is predicted to be swift, reaching an estimation of $212.8 billion by 2029 with an 18.4% compound annual growth rate (CAGR). The imminent growth in the forecast period can be associated with advancements like digital transformation, the fusion of e-commerce, sustainable methods, and mobile accessibility. Notable future trends include individualized AI, data analysis, multi-channel integration, mobile-oriented strategies, as well as rich-content and subscription-based catalogs.
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What Are the Key Growth Drivers Fueling the Catalogue Market Expansion?
The boom in the desire to augment customer pleasure and satisfaction is predicted to fuel the expansion of the catalog market in the future. Essentially, customer pleasure and satisfaction are barometers that gauge customer contentment concerning a company's product, service, or experience. Catalogs play a crucial role in intensifying cooperation with customers, uplifting the user experience, and assisting purchasers in comparing products and making quick decisions. For example, as per the 2022 Zendesk CX Trends report from a US-based firm offering software-as-a-service products, 81% of customers indicate that a favorable customer service interaction enhances the likelihood of subsequent purchases, with 70% of consumers deciding to buy based on the quality of customer service. Therefore, this growth in the need to magnify customer pleasure and satisfaction is expected to boost the catalog market's expansion in the coming years.
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What Are the Key Trends Driving Catalogue Market Growth?
Leading organizations in the catalogue market are zeroing in on creating cutting-edge solutions, such as product catalogues that expedite data management, augment user experience, and boost search functionalities to cater to the dynamic requirements of businesses and customers. A product catalogue can be defined as an extensive assortment of detailed data regarding products or services provided by a firm. For example, in June 2024, Wavelo, a cloud-based software firm based in Canada, introduced a fresh product catalogue, devised to aid telecom operators in improving customer acquisition and retention. This catalogue provides communication service providers (CSPs) the capacity to swiftly establish, incorporate, and revise product services across different systems, considerably decreasing the duration needed to initiate new services. Key features encompass multi-network type compatibility, the autonomy to design standalone or bundle offers, and simple adjustments of price and promotions.
How Is the Catalogue Market Segmented?
The catalogue market covered in this report is segmented -
1) By Type: Paper Or Print, Digital
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
3) By Industry Vertical: Retail And E-commerce, FMCG, BFSI, IT And Telecom, Media And Entertainment, Travel And Hospitality, Other Industrial Verticals
Subsegments:
1) By Paper Or Print: Traditional Catalogues, Folded Catalogues, Booklets, Direct Mail Catalogues
2) By Digital: PDF Catalogues, Interactive Online Catalogues, Mobile Catalogues, E-catalogues
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Which Companies Are Leading the Charge in Catalogue Market Innovation?
Major companies operating in the catalogue market include Akeneo, Drawtify, Flipp Corporation, FlippingBook, Flipsnack, Bonial, DCatalog, International Business Machines Corporation, Oracle Corporation, SAP SE, Coupa Software Inc., Nordstrom Inc., Patagonia Inc., Euromarket Designs Inc., RH, Wayfair Inc., Birchbox Inc., Conquest Graphics LLC, J. C. Penney Company Inc., Macy's Inc., Sears Holdings Corporation, FedEx Office Print & Ship Services Inc., Vistaprint NV, Shutterfly Inc., Cabela's LLC, L. L. Bean Inc., Recreational Equipment Inc. (REI), Dick's Sporting Goods Inc., Academy Ltd., Sportsman's Warehouse Inc., Gander Outdoors Inc.
Which Regions Are Leading the Global Catalogue Market in Revenue?
North America was the largest region in the catalogue market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the catalogue market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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