The global print-on-demand market is expected to reach $9.9 billion by 2027, according to Allied Market Research. The industry saw a 12.49% Compound Annual Growth Rate (CAGR) from 2017 to 2021 and North America accounted for 41% of the market share in 2020. In 2019, the United States held the largest share at 31.02%, while Europe was second with $2.1 billion in value that same year.
Apparel products made up 43.87% of all print-on-demand sales in 2019 and t-shirts constituted 32%. Amazon Merch led providers with $965 million revenue in 2020 followed by CustomInk’s reported $524 million that same year; both companies have an average profit margin around 30%. Additionally, 98% of fulfillment services are offered within the US and 63% of customers prefer these products due to their little environmental impact compared to traditional manufacturing methods or dropshipping models..
Google searches for “print on demand” had 27,100 monthly inquiries last year as well 19 percent using influencer marketing strategies for customer acquisition purposes . Lastly ,the book publishing segment is projected grow 468 % between 2018 – 2025 while home decorations will hit 5 25 Billion dollars globally by then too .
This statistic is a testament to the potential of the print-on-demand market, indicating that it is a rapidly growing industry with a bright future. It is a valuable piece of information for anyone interested in the print-on-demand industry, as it provides an indication of the potential for growth and success in the sector.
The print-on-demand industry saw a 12.49% Compound Annual Growth Rate (CAGR) from 2017 to 2021.
This statistic is a testament to the remarkable growth of the print-on-demand industry over the past few years. With a 12.49% Compound Annual Growth Rate, it is clear that this industry is thriving and has become an increasingly popular option for businesses and individuals alike. This statistic is an important indicator of the success of the print-on-demand industry and provides valuable insight into the current state of the industry.
Print On Demand Statistics Overview
North America accounted for 41% of the print-on-demand market share in 2020.
This statistic is a testament to the success of Print On Demand in North America, highlighting the region’s dominance in the market. It is a clear indication that Print On Demand is a viable and profitable business model in the region, and one that is likely to continue to grow in the future. This is an important point to consider when discussing the overall Print On Demand market, as it provides insight into the potential of the industry in North America.
The United States held the largest share of the print-on-demand market in 2019, at 31.02%.
This statistic is a testament to the United States’ dominance in the print-on-demand market. It shows that the US is leading the way in this industry, with a significant portion of the market share. This is an important indicator of the strength of the US economy and its ability to innovate and capitalize on new technologies. It also speaks to the success of the print-on-demand industry as a whole, as it is growing and becoming increasingly popular.
In 2019, the apparel segment held the largest print-on-demand product share at 43.87%.
This statistic is a testament to the growing popularity of print-on-demand products in the apparel segment. It shows that the demand for custom-printed apparel is on the rise, and that businesses are increasingly turning to print-on-demand services to meet their needs. This is an important trend to note for anyone interested in the print-on-demand industry, as it indicates that the sector is likely to continue to grow in the coming years.
The average profit margin for print-on-demand businesses is around 30%.
This statistic is a key indicator of the success of print-on-demand businesses, as it reveals the average amount of profit they are able to generate. Knowing this figure can help entrepreneurs decide whether or not to invest in a print-on-demand business, as well as provide insight into the potential profitability of such an endeavor. Furthermore, this statistic can be used to compare the performance of different print-on-demand businesses, allowing entrepreneurs to make informed decisions about which ones to invest in.
Amazon Merch is the leading print-on-demand provider with $965 million in revenue in 2020.
This statistic is a testament to the success of Amazon Merch as a print-on-demand provider. It shows that the company has been able to generate a significant amount of revenue from its services, demonstrating its ability to provide quality products and services to its customers. This statistic is an important indicator of the overall health of the print-on-demand industry and provides valuable insight into the current state of the market.
CustomInk reported $524 million in revenue from print-on-demand services in 2020.
This statistic is a testament to the success of print-on-demand services in 2020. It shows that despite the challenges of the pandemic, CustomInk was able to generate a significant amount of revenue from their services. This is a clear indication that print-on-demand services are a viable and profitable business model, and that they are here to stay.
Approximately 98% of print-on-demand fulfillment is offered within the United States.
This statistic is a testament to the prevalence of print-on-demand fulfillment within the United States. It highlights the fact that the majority of print-on-demand services are available domestically, making it easier for businesses and individuals to access these services without having to worry about international shipping costs or delays. This statistic is important for anyone looking to use print-on-demand services, as it provides assurance that they will be able to access the services they need without having to worry about the added complications of international shipping.
The average monthly search volume for “print-on-demand” on Google is 27,100 searches.
This statistic is a clear indication of the level of interest in print-on-demand services. With an average monthly search volume of 27,100, it is evident that people are actively seeking out information about this topic, making it a prime subject for a blog post.
63% of customers prefer print-on-demand products because of the little to no impact on the environment.
This statistic is a powerful reminder of the importance of print-on-demand products in preserving our environment. It highlights the fact that customers are increasingly aware of the environmental impact of their purchases and are actively choosing products that have a minimal effect on the environment. This statistic is a testament to the growing trend of eco-friendly consumerism and the potential of print-on-demand products to make a positive impact on the environment.
The global book publishing segment of the print-on-demand market is projected to grow at a CAGR of 4.68% from 2018 to 2025.
This statistic is a key indicator of the potential for growth in the print-on-demand market, particularly in the book publishing segment. It suggests that the market is likely to expand significantly over the next few years, providing an opportunity for businesses to capitalize on the trend and benefit from the increased demand for print-on-demand services. As such, this statistic is an important piece of information for anyone looking to gain insight into the current and future state of the print-on-demand market.
Over 23% of new authors prefer print-on-demand publishing for their books.
This statistic is a telling indication of the growing popularity of print-on-demand publishing among new authors. It shows that more and more authors are recognizing the advantages of this type of publishing, such as the ability to produce books quickly and cost-effectively, and the potential to reach a wider audience. This statistic is an important piece of information for anyone interested in learning more about the current state of print-on-demand publishing.
The average turnaround time for print-on-demand order fulfillment is 3 business days.
This statistic is a key indicator of the efficiency of print-on-demand order fulfillment. Knowing the average turnaround time for orders gives customers an idea of how quickly they can expect their orders to be fulfilled, allowing them to plan accordingly. It also provides insight into the effectiveness of the print-on-demand service, allowing businesses to make informed decisions about which services to use.
Europe accounted for the second-largest print-on-demand market in 2019, valued at $2.1 billion.
This statistic is a testament to the growing popularity of print-on-demand services in Europe. It shows that the market is expanding and that more and more people are taking advantage of the convenience and affordability of these services. This is an important indicator of the potential for further growth in the industry, and it is a sign that businesses should consider investing in print-on-demand services to capitalize on the trend.
Conclusion
The print-on-demand industry is growing rapidly, with the global market expected to reach $9.9 billion by 2027 and a Compound Annual Growth Rate (CAGR) of 12.49% from 2017 to 2021. North America accounted for 41% of the market share in 2020, while the United States held 31.02%. Apparel was the largest product segment at 43.87%, followed closely by books which are projected to grow at a CAGR of 4.68%. The average profit margin for businesses offering these services is around 30%, and Amazon Merch leads as top provider with $965 million in revenue in 2020, followed by CustomInk’s reported $524 million that same year.
T-shirts constituted 32% of all sales in 2019, 98% fulfillment occurs within US borders, 27100 searches occur monthly on Google related to this topic and 63% customers prefer it due its environmental benefits; 42 %of buyers were aged 18 – 34 years old; 66 %of Global Print On Demand Market came from ecommerce platforms & 19 %used influencer marketing for customer acquisition . With such promising statistics indicating growth potential across various segments over time ,print on demand remains an attractive option worth exploring further
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ZipDo, cited June 2023: Print On Demand Statistics
