Dublin, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The "Global Print on Demand Market 2024 Edition: Market Size, Trends, Opportunities and Forecast by Product Type, Application, End-user, Region, By Country: 2020-2030" report has been added to ResearchAndMarkets.com's offering.
This report highlights different factors and opportunities prevailing in the Global Print on Demand Market. According to the report, the Global Print on Demand Market was valued at USD 1.35 billion in 2023, and is expected to grow at a CAGR of 5.7% during 2025-2030.
The market has seen significant growth in recent years, driven by the rising demand for personalized products, advancements in digital printing technology, and the expansion of e-commerce platforms. The market's growth is primarily fueled by the flexibility and cost-effectiveness of POD services, which cater to consumers' increasing desire for unique and customizable products.
One of the primary drivers of the Print on Demand market is the growing consumer preference for personalized and unique items. POD services enable customers to Design and order custom products tailored to their tastes and preferences. This trend is particularly prevalent in the fashion and lifestyle segments, where consumers seek individuality in their purchases.
The expansion of e-commerce and online marketplaces has also played a crucial role in the market's growth. POD services are integrated with these platforms, allowing small businesses and entrepreneurs to offer a wide range of custom products without the need for large upfront investments. This has democratized access to the market, enabling a diverse range of sellers to participate.
The increasing focus on sustainability and reduced waste has influenced the Print on Demand market. Since products are only manufactured when ordered, POD minimizes overproduction and waste, making it an environmentally friendly alternative to traditional manufacturing processes. This sustainability aspect resonates with eco-conscious consumers and aligns with global trends towards more responsible consumption.
Geographical Insights
Americas represent the largest market for Print on Demand in value terms, driven by high consumer demand for personalized products, advanced digital printing technologies, and a mature e-commerce ecosystem. The United States, in particular, is a key market due to its strong focus on innovation and extensive use of POD services in various industries.
In the Americas, the market is further bolstered by favorable business environments, increasing investments in digital technology, and a strong emphasis on customer experience. The presence of leading POD companies and a high level of consumer awareness about customizable products contribute to the market's dominance in this region.
Market Segmentation
By Product Type
- Home Decor
- Drinkware
- Apparel
- Accessories
- Other Product Types
By Application
- Personal
- Commercial
- Entertainment
- Educational
By End-user
- Business
- Individuals
By Geography
- Americas (The United States, Canada, Brazil, Mexico, Rest of Americas)
- Europe (United Kingdom, Germany, France, Italy, Spain, Turkey, Russia, Rest of Europe)
- Asia Pacific (China, Japan, South Korea, India, Singapore, Indonesia, Rest of Asia Pacific)
- Middle East and Africa (GCC, Israel, South Africa, Rest of Middle East and Africa)
Key Companies
The report assesses the competitive developments, strategies, mergers and acquisitions and new product development and market share portfolio of top 15 companies. Key companies in the Global Print on Demand Market include:
- CustomCat
- Redbubble
- Printify, Inc.
- Zazzle, Inc.
- Gelato
- Teelaunch
- Prodigi Group
- Vistaprint
- Gooten
- Canva
- Other Leading Companies
Reasons to buy this report:
- In-Depth Comparative Assessment of Top 20 Markets in the Print on Demand Industry: Comparative assessment of 20 leading countries highlighting the total addressable market, opportunities, lucrative segments and competitive positioning of leading companies.
- Comprehensive Historical, Present, and Future Analytics of the Print on Demand Market: A deep dive in the historical (2020-2023), current (2024) and forecast (2025-2030) market analytics of Print on Demand Market.
- Detailed Analysis of Print on Demand Market By Product Type, Application, and End-user Across 20 Countries.
- Gain insights specific to new entrants or new market areas to tap: The study provides detailed market entry strategies, including analysis of barriers to entry, pricing strategies, opportunities, trends, drivers, and challenges and product positioning using the Opportunity Portfolio Matrix (OPM).
- Strategic Industry Movements: Tracking Competitive Developments and Key Players in the Market: The report covers competitive strategies, mergers & acquisitions, new developments, future plans and market share analysis of ~15 top companies.
For more information about this report visit https://www.researchandmarkets.com/r/a2a6yo
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