Print On Demand Market Size, Share, Trends, Growth 2032

Print On Demand Industry Prospective:

The global print on demand market size was evaluated at $7.24 billion in 2023 and is slated to hit $65.37 billion by the end of 2032 with a CAGR of nearly 27.7% between 2024 and 2032.

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Print On Demand Market: Overview

Print on demand is a printing tool & business process in which copies of books are not printed until a firm receives an order. Reportedly, print on demand is a business model in which individuals & firms develop personalized products without any inventory or production unit requirement. Print on demand helps sellers upload designs on digital tools, thereby helping customers in placing orders for items that feature these designs.

Apart from this, print on demand services can effectively handle manufacture, packing, and delivery directly to the customers. Adoption of print on demand business model helps in reducing investment costs and inventory costs.

Key Insights

• As per the analysis shared by our research analyst, the global print on demand market is projected to expand annually at the annual growth rate of around 27.7% over the forecast timespan (2024-2032)
• In terms of revenue, the global print on demand market size was evaluated at nearly $7.24 billion in 2023 and is expected to reach $65.37 billion by 2032.
• The global print on demand market is anticipated to grow rapidly over the forecast timeline owing to a rise in the demand for direct-to-garment printing for clothes along with a need for introducing innovative digital printing systems.
• In terms of platform, the services segment is slated to register the highest CAGR over the forecast period.
• Based on product, the home decor segment is predicted to lead the segmental space in the upcoming years.
• Region-wise, the Asia-Pacific print on demand industry is projected to register the fastest CAGR during the projected timespan.

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Print On Demand Market: Growth Factors

Escalating demand for direct-to-garment printing for fabrics to boost the global market trends

A rise in the demand for direct-to-garment printing for clothes along with a need for introducing innovative digital printing systems is likely to scale up the expansion of the global print on demand market. Humungous use of home décor, drinkware, and customized & personalized fabrics is likely to drive the global market trends. Changing customer trends along with the surging inclination of people towards providing gifts to others in the form of personalized items on special events is likely to foster the global market demand.

Surging per capita income, rising web penetration across the globe, and a rise in the use of smartphones along with changing fashion trends are anticipated to enhance the popularity of print on demand business globally.             

Print On Demand Market: Restraints

Restrictions levied on artists can hinder the expansion of the global print on demand industry by 2032

Lack of transparency along with restrictions imposed on artists can restrict the expansion of the print on demand industry globally. Moreover, artists have no say in the quality control of the final products and do not have access to a list of customers, thereby adversely impacting the expansion of the industry globally.

Print On Demand Market: Opportunities

Flourishing e-commerce sector to open new growth opportunities for the global market over forecast period

The thriving e-commerce sector and the presence of online tools such as Printify is anticipated to open new avenues of growth for the global print on demand market.

Print On Demand Market: Challenges

Stringent government legislation regulating print on demand events to challenge the global industry expansion by 2032

Strict laws governing the print on demand activities along with the easy availability of alternate options can prove to be a huge challenge for the global print on demand industry expansion.

Print On Demand Market: Segmentation

The global print on demand market is divided into platform, product, and region.                                         

In crop type terms, the print on demand market across the globe is segregated into software and services segments. Furthermore, the service segment, which acquired nearly three-fourths of the global market share in 2023, is projected to register the highest gains in upcoming years. The expansion of the segment in the projected timeline can be ascribed to a massive increase in the number of service providers providing transport and end-to-end fulfillment solutions to customers. 

On the basis of product, the global print on demand industry is segmented into apparel, accessories, home décor, and drinkware segments. Additionally, the home décor segment, which amassed a key share of the global industry in 2023, is expected to lead the segment surge in the years ahead. The segmental expansion over the timeline from 2024 to 2032 can be due to a surge in the remote working or thriving work-from-home culture post-COVID-19 pandemic.

Print On Demand Market: Report Scope

Print On Demand Market: Regional Insights

North America is predicted to maintain the numero uno status in the global market over the forecast timespan

North America, which accounted for about two-thirds of the global print on demand market proceeds in 2023, is expected to establish a leading position in the foreseeable future. Additionally, the regional market expansion over the forecast timeline can be credited to the large-scale presence of key production units in countries such as Canada and the U.S. In addition to this, the presence of a strong technology infrastructure facility in the region will further culminate in huge regional market demand.

Asia-Pacific print on demand industry is slated to record the fastest CAGR in the forecast timeline. The progression of the industry in the region can be attributed to the easy availability of smartphones at reasonable rates in countries such as China and India along with the use of the 5G network by end-users in these countries. A huge number of online shoppers in the countries of Asia will prompt the growth of the industry in the region.  

Key Developments

• In the first half of 2023, SATO International America, Inc., a key division of SATO Holdings Corporation, acquired Stafford Press, Inc., delivered on-demand tag & label services for their use in various end-use industries. The move is predicted to spearhead the expansion of the global print on demand market.      

Print On Demand Market: Competitive Space

The global print on demand market profiles key players such as:

• Teelaunch
• Zazzle Inc.
• Gooten
• Printify Inc.
• JetPrint Fulfillment
• Printful Inc.
• Canva
• Prodigi Group
• VistaPrint (Cimpress)
• Apliiq
• RedBubble Group
• CustomCat
• Gelato
• Printed Mint
• Printsome
• TPOP.

The global print on demand market is segmented as follows:

By Platform

• Software
• Services

By Product

• Apparel
• Accessories
• Home Décor
•  Drinkware

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa