Print on demand market to grow by USD 15,269.14 million during 2022-2027; The growing use of customized T-shirts as a branding tool drives growth - Technavio

NEW YORK, Aug. 8, 2023 /PRNewswire/ -- The Print on Demand Market is estimated to grow by USD 15,269.14 million during 2022-2027, growing at a CAGR of 24.42%. North America will contribute 44% to the growth of the global market during the forecast period. The US, Canada, and Mexico are among the major contributing countries. Furthermore, the rising demand for customized outdoor apparel is driving the growth of the market in the US. Factors such as the launch of innovative products, the rising use of online platforms to purchase apparel, and increasing participation in outdoor activities drive regional market growth. For Comprehensive details on the market size of historic period(2017 to 2021) and forecast period (2023-2027) - View Sample report

Company Landscape
The print on demand market is fragmented; the vendors are competing with competitors and are trying to get greater market share. The market is growing, and chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning, technological advances, and the price of the products -The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Market Dynamics

Major Drivers & Challenges- 

The growing use of customized T-shirts as a branding tool drives the print-on-demand market. Businesses increasingly use personalized t-shirts as a branding strategy to brand their business and products. Such a technique is used mainly by start-ups to increase brand awareness and attract potential customers to their products and services. For instance, various multinational corporations such as Wipro, Microsoft Corp., and International Business Corp give their employees customized T-shirts where their logo and name printed on them. Thus, the increasing use of customized T-shirts as a branding tool is expected to boost the growth of the market during the forecast period.

Dynamic pricing of raw materials challenges the growth of the print-on-demand market. Paper, substrates, and inks are among the major raw materials used in the market. Furthermore, the paper industry is under significant cost pressure owing to the increase in the prices of raw materials. Due to the rise in the cost of wood pulp, which is a major raw material for paper, there is a subsequent increase in the price of paper. Hence, such challenges impede the growth of the market during the forecast period.

Key Trends-

Increasing personalized trends in the fashion industry is an emerging print-on-demand market trend. As many people purchase gear with slogans or logos printed on them, especially movie buffs, the entertainment business is helping the market expand. Popular television shows like Big Bang Theory and Game of Thrones have a sizable fan base as the fans are willing to spend a significant sum on T-shirts or other products that have their favorite quotes or slogans written on them. Hence, such trends fuel the growth of the market during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - View Sample Report

Company Profiles

The print-on-demand market report includes information on the product launches, sustainability, and prospects of leading vendors including Amplifier Fulfillment, AOP TECH LLC, Apliiq, Breakout Commerce Inc., CustomCat, Gelato ASA, imINDY LLC, JetPrint Fulfillment, Printed Mint LLC, Printful Inc., Printify Inc., Printrove Products Pvt. Ltd., Printsome SL, Printy6 Inc., Prodigi Group Ltd., Qikink, Redbubble Ltd., Spreadshirt Print On Demand GmbH, TPOP, and Zazzle Inc.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

This print on demand market report extensively covers market segmentation by platform (software and service), product (apparel, home decor, drinkware, and accessories and other products), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• The software segment will be significant during the forecast period. Generally, software of print on demand, such as Printful, Spocket, Gooten, and many more, is hosted externally. This enables enterprises to access printer software and file software through a cloud network or on-premise. Furthermore, the primary reasons for the increasing adoption of cloud-based software are globalization and the expanding geographical presence of end-users operating in the IT, BFSI, and retail sectors. Hence, such factors fuel the segment growth during the forecast period.

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1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Platform
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global print on demand market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global print on demand market 2017 - 2021 ($ million)

• 4.2 Platform Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Platform Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Platform

• 6.1 Market segments
• Exhibit 30: Chart on Platform - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Platform - Market share 2022-2027 (%)

• 6.2 Comparison by Platform 
• Exhibit 32: Chart on Comparison by Platform
• Exhibit 33: Data Table on Comparison by Platform

• 6.3 Software - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)

• 6.4 Service - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Service - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Service - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Service - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Service - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Platform 
• Exhibit 42: Market opportunity by Platform ($ million)
• Exhibit 43: Data Table on Market opportunity by Platform ($ million)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 44: Chart on Product - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 46: Chart on Comparison by Product
• Exhibit 47: Data Table on Comparison by Product

• 7.3 Apparel - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Apparel - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Apparel - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Apparel - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Apparel - Year-over-year growth 2022-2027 (%)

• 7.4 Home decor - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Home decor - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Home decor - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Home decor - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Home decor - Year-over-year growth 2022-2027 (%)

• 7.5 Drinkware - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Drinkware - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Drinkware - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Drinkware - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Drinkware - Year-over-year growth 2022-2027 (%)

• 7.6 Accessories and other products - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Accessories and other products - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Accessories and other products - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Accessories and other products - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Accessories and other products - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Product 
• Exhibit 64: Market opportunity by Product ($ million)
• Exhibit 65: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027 
• Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027 
• Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 Amplifier Fulfillment 
• Exhibit 119: Amplifier Fulfillment - Overview
• Exhibit 120: Amplifier Fulfillment - Product / Service
• Exhibit 121: Amplifier Fulfillment - Key offerings

• 12.4 Apliiq
• Exhibit 122: Apliiq - Overview
• Exhibit 123: Apliiq - Product / Service
• Exhibit 124: Apliiq - Key offerings

• 12.5 Breakout Commerce Inc. 
• Exhibit 125: Breakout Commerce Inc. - Overview
• Exhibit 126: Breakout Commerce Inc. - Product / Service
• Exhibit 127: Breakout Commerce Inc. - Key offerings

• 12.6 CustomCat
• Exhibit 128: CustomCat - Overview
• Exhibit 129: CustomCat - Product / Service
• Exhibit 130: CustomCat - Key offerings

• 12.7 Gelato ASA
• Exhibit 131: Gelato ASA - Overview
• Exhibit 132: Gelato ASA - Product / Service
• Exhibit 133: Gelato ASA - Key offerings

• 12.8 imINDY LLC
• Exhibit 134: imINDY LLC - Overview
• Exhibit 135: imINDY LLC - Product / Service
• Exhibit 136: imINDY LLC - Key offerings

• 12.9 JetPrint Fulfillment
• Exhibit 137: JetPrint Fulfillment - Overview
• Exhibit 138: JetPrint Fulfillment - Product / Service
• Exhibit 139: JetPrint Fulfillment - Key offerings

• 12.10 Printed Mint LLC
• Exhibit 140: Printed Mint LLC - Overview
• Exhibit 141: Printed Mint LLC - Product / Service
• Exhibit 142: Printed Mint LLC - Key offerings

• 12.11 Printful Inc.
• Exhibit 143: Printful Inc. - Overview
• Exhibit 144: Printful Inc. - Product / Service
• Exhibit 145: Printful Inc. - Key offerings

• 12.12 Printify Inc.
• Exhibit 146: Printify Inc. - Overview
• Exhibit 147: Printify Inc. - Product / Service
• Exhibit 148: Printify Inc. - Key offerings

• 12.13 Printsome SL
• Exhibit 149: Printsome SL - Overview
• Exhibit 150: Printsome SL - Product / Service
• Exhibit 151: Printsome SL - Key offerings

• 12.14 Printy6 Inc.
• Exhibit 152: Printy6 Inc. - Overview
• Exhibit 153: Printy6 Inc. - Product / Service
• Exhibit 154: Printy6 Inc. - Key offerings

• 12.15 Prodigi Group Ltd.
• Exhibit 155: Prodigi Group Ltd. - Overview
• Exhibit 156: Prodigi Group Ltd. - Product / Service
• Exhibit 157: Prodigi Group Ltd. - Key offerings

• 12.16 Redbubble Ltd.
• Exhibit 158: Redbubble Ltd. - Overview
• Exhibit 159: Redbubble Ltd. - Product / Service
• Exhibit 160: Redbubble Ltd. - Key offerings

• 12.17 Zazzle Inc.
• Exhibit 161: Zazzle Inc. - Overview
• Exhibit 162: Zazzle Inc. - Product / Service
• Exhibit 163: Zazzle Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 164: Inclusions checklist
• Exhibit 165: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 166: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 167: Research methodology
• Exhibit 168: Validation techniques employed for market sizing
• Exhibit 169: Information sources

• 13.5 List of abbreviations 
• Exhibit 170: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: [email protected]
Website: www.technavio.com

SOURCE Technavio