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Print On Demand Market Trends That Will Shape the Next Decade: Insights from Enhancing Gaming Experiences With Tailored Trading Cards
Print On Demand
How Large Will the Print On Demand Market Size By 2025?
The market size of print on demand has seen significant growth recently. It is projected to increase from $6.59 billion in 2024 to $8.1 billion in 2025, with a compound annual growth rate (CAGR) of 23.0%. This growth in the previous historical period can be linked to the rise of e-commerce platforms, growing demand from customers for custom-made products, expansion of small and independent businesses, the transition to on-demand production for lowering inventory expenses, and the growth of worldwide online marketplaces.
How Big Is the Print On Demand Market Size Expected to Grow by 2029?
In the coming years, significant growth is anticipated in the print on demand market, with predictions suggesting it will expand to $18.78 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 23.4%. The surge during the prediction period is most likely a result of the escalating trend of personalization in consumer goods, more widespread use of online and mobile design tools, the proliferation of subscription-based models, a growing awareness of green and ethical manufacturing processes, and the rising fame of custom-made merchandise. The forecast period is expected to see trends such as environmentally-friendly materials, targeted product introductions, the provision of on-demand services to new sectors, advancements in print technology, and the incorporation of AI in design and automation.
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Which Key Market Drivers Powering Print On Demand Market Expansion and Growth?
The print-on-demand market's expansion is projected to be fueled by a growing inclination for digital shopping due to its convenience and safety. Digital shopping, also labeled as e-commerce or online shopping, involves purchasing goods or services using a website or mobile application through an internet connection. Factors driving this shift towards digital shopping include the comfort of shopping from home, a wide array of products accessible online, and the ease of price comparison and discovering bargains, thereby making it a more attractive and efficient choice for consumers. Print-on-demand services align with the trend of digital shopping by providing bespoke, effortless and contactless products' creation and delivery, catered to consumer's preference for safety and tailored experiences. For example, a Europe-based intergovernmental organization, Eurostat, released a survey in February 2023, indicating that 68% of people between the ages of 16 and 74 reported purchasing or placing an order for products or services online in the previous 12 months, marking a 1% increase from 2021. Consequently, the shift in preference towards safer and more convenient digital shopping practices will serve as a driving force for the print-on-demand market's growth.
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Which Fast-Growing Trends Are Poised to Disrupt the Print On Demand Market?
The print-on-demand market is witnessing the emergence of innovative collectible card services from major firms, allowing consumers to curate and print bespoke trading cards with distinctive artwork, player stats, and personal achievements. These services, often leveraging cutting-edge printing technologies, facilitate on-demand production, substantially lowering waste and storage costs. As an example, in August 2024, KOLEX, an American print-on-demand company, introduced its print-on-demand esports collectibles service. This venture amplifies fan engagement and offers gamers a physical platform to display their accomplishments.
What Are the Emerging Segments in the Print On Demand Market?
The print on demandmarket covered in this report is segmented -
1) By Component: Software, Service
2) By Product: Apparel, Home Decor, Drinkware, Accessories, Other Products
3) By Technology : Digital Printing, Offset Printing, Flexographic Printing, Screen Printing
4) By Distribution Channel: Online, Offline
5) By End User: E-commerce, Publishing, Fashion And Apparel, Art And Creative, Corporate, Education, Other End Users
Subsegments:
1) By Software: Design Tools, E-commerce Integration, Order Management Systems, Printing Workflow Automation, API Integration, Inventory Management
2) By Service: Custom Printing, Drop Shipping, Fulfillment Services, Branding and Packaging, Customer Support, Warehousing And Logistics
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Who Are the Global Leaders in the Print On Demand Market?
Major companies operating in the print on demand market are Cimpress plc, Vistaprint Limited, Canva Pty Ltd, Redbubble Limited, Printful Inc., Zazzle Inc., Scalable Press Inc., Threadless Inc., T-shirt & Sons Ltd, Gelato Group, Lulu xPress Inc., Amplifier Inc., Gooten Inc., Bonfire Inc., Book Printing UK Ltd, Cafe Press Inc., Inkthreadable Ltd, Apliiq Inc., Printify Inc., Society6 Inc., Printsome Ltd, CustomCat LLC, Printed Mint LLC, The Print Bar Pty Ltd, Print Ninja LLC
Which are the Top Profitable Regional Markets for the Print On Demand Industry?
North America was the largest region in the print on demand market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the print on demand market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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