The custom printing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Custom Printing Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The custom printing market size has grown strongly in recent years. It will grow from $28.34 billion in 2023 to $30.93 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to rising demand for personalized products boosted custom printing services, increasing adoption of digital printing technology enhanced efficiency and output, growing e-commerce platforms facilitated the widespread availability of custom-printed items, the rising popularity of promotional merchandise increased demand for custom printing and increasing use of custom packaging in branding strategies drove market growth.
The custom printing market size is expected to see strong growth in the next few years. It will grow to $44.02 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to the growing preference for sustainable printing solutions is driving market innovation, advances in 3D printing technology expanding the capabilities of custom printing, increasing demand for customized apparel is propelling market growth, expansion of the online retail sector is boosting the need for custom packaging and rising consumer interest in personalized home decor is driving market demand. Major trends in the forecast period include major companies focusing on eco-friendly printing materials to gain a competitive edge, integration of augmented reality (AR) in custom printing is expected to enhance user experience, adoption of ai-driven design tools is anticipated to streamline custom printing processes, expansion of print-on-demand services is likely to cater to niche markets and increasing collaboration between custom printing firms and e-commerce platforms is expected to boost the market growth.
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Scope Of Custom Printing Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Custom Printing Market Overview
Market Drivers –
The increasing penetration of e-commerce is expected to propel the growth of the custom printing market going forward. E-commerce is the buying and selling of goods and services over the internet, utilizing digital platforms for transactions and interactions. Several factors, such as advancements in technology, widespread internet access, enhanced mobile device usage, and the convenience of online shopping, drive increasing demand within e-commerce. E-commerce enables convenient, on-demand ordering and personalization of custom printing products, allowing customers to design and purchase directly online. For instance, in May 2024, according to the Census Bureau of the Department of Commerce, a US-based government department, in the first quarter of 2024, U.S. retail e-commerce sales reached $289.2 billion, marking a 2.1% increase (±0.7%) from the fourth quarter of 2023. Therefore, the increasing penetration of e-commerce is driving the growth of the custom printing market.
Market Trends –
Major companies operating in the custom printing market are investing in innovative technologies such as customized direct-to-garment (DTG) printing technology to sustain their position in the market. Customized direct-to-garment (DTG) printing technology is a modern printing method where ink is directly applied to fabric, typically t-shirts or other apparel, using specialized inkjet printers. For instance, in April 2023, HanesBrands Inc., a US-based clothing company, introduced its PrintNOW technology. This new technology significantly improves the efficiency of the printing process, reducing production time by up to 40% compared to traditional methods. PrintNOW technology simplifies operations, making it accessible for various printing businesses, and allows for faster turnaround times and improved productivity.
The custom printing market covered in this report is segmented –
1) By Printing Technique: Screen Printing, Digital Printing, Plot Printing, Other Printing Techniques
2) By Printing Devices: Graphic Design, Artwork
3) By Enterprise Size: Micro Enterprises, Small Enterprises, Medium Enterprises, Large Enterprises
4) By Application: Clothing, Business Cards, Marketing Material, Brochures And Booklets, Packaging, Stationery, Other Applications
5) By End User: Commercial, Personal
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Regional Insights –
Asia-Pacific was the largest region in the custom printing market in 2023. The regions covered in the custom printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the custom printing market are Avery Products Corporation, Staples Print & Marketing Services, PsPrint, Shutterfly Inc., Vistaprint, Redbubble, Custom Ink, Printful Inc., Zazzle Inc., GotPrint.com, Smartpress, Spoonflower, PrintPlace, PrintRunner Inc., Jukebox Print, Overnight Prints Inc., Digital Lizard, UPrinting, CafePress Inc, Next Day Flyers, Sticker Mule LLC, Printify Inc., Society6 LLC, 4OVER4.COM Inc.
Table of Contents
1. Executive Summary
2. Custom Printing Market Report Structure
3. Custom Printing Market Trends And Strategies
4. Custom Printing Market – Macro Economic Scenario
5. Global Custom Printing Market Size and Growth
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32. Global Custom Printing Market Competitive Benchmarking
33. Global Custom Printing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Custom Printing Market
35. Custom Printing Market Future Outlook and Potential Analysis
36. Appendix
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