Print on Demand Industry Growing Rapidly to Boost Photo Printing and Merchandise Market By 2023

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NEWSDESK, SEPTEMBER 9, 2022 - Can print on demand market size of the United States touch $10 billion? Experts say it is possible. 

Since the dawn of the last decade and the market flooded with smartphones, two businesses that have seen a boom are ecommerce and print on demand or POD. As the Internet has become more and more penetrative and social media exploding with something new daily, ecommerce businesses have flown like a rocket and fueled the growth of the economy. 

With the rise of disposable income and dramatic change the collective interest has grown manifold in the past few years alone. In 2021 alone, the market size of the global print on demand market was $4.9 billion. It is expected to grow at a CAGR of 26.1% till 2030. It is also estimated that by 2040, about 90% purchases will be done online.

 Here's a helpful chart showing how things will look in all probability by the end of this decade for the print on demand industry — which is a very good look. 

Source - www.grandviewresearch.com 

"In the end, staying nimble is the key. For me, it isn’t even a prediction — it is more of a certainty — that nimbleness will win the day……… adaptability that delivers better service and more value to the end customer will always be on trend", said the Co-founder and CTO of Printify (Forbes). 

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