Print On Demand Market Size To Reach $38.21 Billion By 2030

 

Print On Demand Market Growth & Trends

The global Print On Demand market size is expected to reach USD 38.21 billion by 2030, growing at a CAGR of 25.8% over the forecast period, according to a new study conducted by Grand View Research, Inc. The increasing demand for personalized and customized apparel, rising disposable income, growing internet penetration & smartphone adoption, and the positive influence of the entertainment industry are some of the factors fueling the growth of the market.

Print on demand technology enables artists, designers, writers, and numerous entrepreneurs to sell custom-designed products by collaborating with white-label product suppliers. It eliminates the need to maintain an inventory, as after the confirmation of a sale; the supplier takes care of the order, including printing to shipping. Thus, with the increasing demand for personalized products, the growth of the print on demand industry is expected to rise exponentially shortly.

The market has also benefitted from growing investments and the shift from brick-and-mortar to online business models, which drive the growth of print on demand. Global consumers' rapidly changing consumption patterns and the preference for hybrid shopping have further bolstered the market's growth.

The COVID-19 pandemic had both positive & negative impacts on the POD industry. In the initial emergence of COVID-19 in 2020, almost every industry was affected due to restrictions like lockdowns and social distancing measures imposed on business operations and processes. The pandemic disrupted global supply chains worldwide, impacting the availability of raw materials and technologies for the print on demand service providers. POD businesses heavily rely on definitive suppliers for raw materials, including standard apparel, accessories, inks, and printing equipment. Delays in production and shipping caused by factory closures, transportation challenges, and reduced workforce led to longer fulfillment times and potential customer dissatisfaction.

On the other hand, the adoption of online business models and changing preferences of consumers to buy goods from online retail platforms over local stores led to a huge surge in e-commerce sales, including the print on demand industry. As the demand for POD products increased, more entrepreneurs entered the market, leading to increased competition. New POD platforms emerged, offering various customization options and faster fulfillment. Established players had to adapt and innovate to maintain their market share.

Furthermore, the increasing disposable income of various consumer categories has expanded the opportunities for print on demand products. Consumers are more willing to invest in personalized clothing, accessories, home decor, and other items that reflect their individuality. With more disposable income, consumers explore niche markets and seek exclusive or premium items. POD businesses can leverage this trend by offering limited edition or high-end customized products that cater to specific interests, hobbies, or communities. This allows them to attract customers willing to spend more on unique and specialized goods.

The print on demand industry is highly competitive. Leading industry players are adopting strategies such as partnerships, collaborations, mergers and acquisitions, and agreements to survive the highly competitive environment and enhance their business footprints. In September 2022, Canva introduced Canva print products within its on-demand printing services. The company aimed to expand its print catalog, by offering doorstep delivery, free in-store pickup with automated proofing, and a 1 to 3-day turnaround time at affordable prices.

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Print On Demand Market Report Highlights

• The services segment is expected to witness the fastest CAGR of 28.2% from 2023 to 2030. The segment's growth can be attributed to an increasing number of service providers offering drop shipping and comprehensive fulfillment services, covering the entire process from production to delivery

• The integrated software sub-segment dominated the market, accounting for a share of 59% in 2022. The software's ability to integrate with numerous e-commerce platforms offering ease of use and other customization aspects to enhance user shopping experience is attributed to the segment's growth

• The apparel segment dominated the market in 2022, accounting for nearly 40% of the revenue share. The rapid transition towards custom-made fashion apparel and fast penetration of on-demand t-shirt printing are the major factors driving the growth of this segment

Print On Demand Market Segmentation

Grand View Research has segmented the global print on demand market based on platform, product, and region:

Print On Demand Platform Outlook (Revenue, USD Million, 2017 - 2030)

• Software

  • Stand-alone

  • Integrated

• Services

Print On Demand Product Outlook (Revenue, USD Million, 2017 - 2030)

• Apparel

• Home Decor

• Drinkware

• Accessories

• Others

Print On Demand Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa

List of Key Players in the Print On Demand Market

• Printify, Inc.

• Printful Inc.

• Canva

• VistaPrint (Cimpress)

• CustomCat

• Gelato

• Gooten

• Printed Mint

• Teelaunch

• Zazzle, Inc.

• RedBubble Group

Footwear Market Size To Reach $588.2 Billion By 2030

 

Footwear Market Growth & Trends

The global footwear market size was estimated to reach USD 588.2 billion in 2030 and is anticipated to grow at a CAGR of 4.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rapid urbanization and an increasing working population contribute to the demand for durable and comfortable footwear products. Moreover, changes in population demographics, such as the growing aging population and the rising focus on children's footwear, have created new opportunities and demand for specialized footwear products. The rise of the athleisure trend and the growing emphasis on active lifestyles have fueled the demand for athletic and casual footwear that can be worn for both workouts and casual wear. Moreover, innovations in footwear technology, such as advanced cushioning systems, lightweight materials, and improved traction, have attracted consumers seeking better performance, comfort, and functionality from their footwear.

In addition, the growth of e-commerce and omnichannel retail strategies has made it easier for consumers to access a broader range of footwear products and brands, contributing to the overall demand. In September 2022, Xero Shoes, the U.S.-based Barefoot Footwear Brand, announced the launch of an e-commerce platform to sell directly to consumers (DTC). This strategy helped the company to strengthen its connection with customers and gain greater control over its distribution channels. The non-athletic segment held a major share of the footwear market in 2023. The non-athletic category consists of flats, heels, mules, sandals, sneakers, and boots, which can be worn on different occasions. This product category is heavily influenced by fashion trends, with consumers seeking stylish and trendy options for casual wear, social occasions, and various lifestyle activities.

Moreover, luxury brands recognize the importance of using sustainable materials in their footwear production. For instance, in August 2022, Louis Vuitton announced the launch of sustainable unisex sneakers. The sneaker is made of recycled organic materials, such as corn-based plastic and recycled polyurethane, cotton & polyester. In addition, the growing aging population across the globe has created a demand for comfortable and supportive non-athletic shoes designed for older individuals, such as slip-resistant shoes and orthopedic footwear. The women's footwear segment held the largest share in 2023. The growing influence of social media, celebrity endorsements, and fashion bloggers has amplified trends, with women seeking footwear that aligns with current fashion aesthetics. Moreover, an increasing number of working women is driving the demand for comfortable, stylish, and durable footwear that can keep up with their demanding schedules.

Moreover, the athleisure trend has fueled the demand for comfortable, stylish, and versatile footwear for athletic and casual occasions. Asia Pacific accounted for the largest share of the market. This can be attributed to a large and rapidly growing population, particularly in countries like China, India, and Southeast Asian nations. Rapid urbanization, expanding middle-class population, and rising disposable incomes in these countries have led to an increased demand for various types of footwear, including casual, athletic, and formal styles. Moreover, the development of modern retail formats, such as shopping malls and specialty footwear stores, has facilitated increased footwear sales and brand exposure in the region. In addition, several Asia Pacific countries, such as China, Vietnam, Thailand, India, and Indonesia, are major footwear manufacturing hubs, contributing to the region's availability and affordability of footwear products.

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Footwear Market Report Highlights

• The MEA regional market is expected to grow with a considerable CAGR from 2024 to 2030. This growth can be attributed to factors, such as the substantial youth population that is highly fashion-conscious and the development of tourism and business travel within the Middle Eastern countries, which has contributed to the demand for comfortable and durable footwear suitable for travel and outdoor activities

• The athletic segment is estimated to grow with a substantial CAGR over the forecast period. The increasing popularity of fitness and outdoor activities and the growing trend towards athleisure wear have fueled the demand for athletic footwear. Moreover, the expansion of the sports and fitness industries, including the rise of fitness centers, gyms, and outdoor activities, has contributed to the increased demand for athletic footwear designed for specific sports and activities

• Children segment is anticipated to grow with a faster CAGR over the forecast period. Parents are increasingly aware of the importance of proper foot development and support during a child's growing years. This has led to a demand for well-designed and age-appropriate children's footwear that promotes healthy foot growth

Footwear Market Segmentation

Grand View Research has segmented the global footwear market based on type, end-user, and region:

Footwear Type Outlook (Revenue in USD Billion, 2018 - 2030)

• Athletic Footwear

• Non-athletic Footwear

Footwear End-user Outlook (Revenue, USD Billion; 2018 - 2030)

• Men

• Women

• Children

Footwear Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players of Footwear Market

• Nike, Inc.

• Adidas AG

• SKECHERS USA, Inc.

• Puma SE

• Crocs Retail, LLC

• Wolverine Worldwide, Inc.

• ECCO Sko A/S

• Under Armour, Inc.

• Timberland

• Geox S.p.A.

Sports Technology Market To Reach $61,720.6 Million By 2030

 

Sports Technology Market Growth & Trends

The global sports technology market size is anticipated to reach USD 61,720.6 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 21.9% from 2025 to 2030. The growing popularity of sports as a significant source of entertainment, coupled with the increasing need to engage the audience effectively, is driving the growth of the market. For instance, in September 2022, Microsoft Corporation collaborated with The National Basketball Association (NBA) to launch an upgraded version of the NBA App to offer their fans a personalized experience.

Professional sports organizations have been widely using new technologies such as wearable gadgets, sports data analytics, smart stadiums, and digital signage to engage spectators, create smart infrastructures, and improve team performances, thereby driving the growth of the market. For instance, in March 2023, the second spectrum sister company of Genius Sports Group collaborated with NBA and signed a multi-year contract to become the official partner of NBA Team Basketball Analytics Provider and official NBA League Pass Augmented Provider.

The considerable rise in the number of sports events across the globe has provided sports technology companies with ample opportunities to cater to the market by thoroughly understanding the components related to sports by monitoring athletes and events. Several innovative solutions are being employed to improve sports performance. For instance, in March 2023, Catapult launched Vector T7, a new athlete monitoring solution. The new solution is 73% smaller than the preceding offering. It is powered by the company’s ClearSky Local Positioning System, which provides performance insights, helps mitigate injury risk, and makes live in-game decisions.

The prominent players operating in the sports technology industry are also focusing on employing stadium technologies to manage the crowd and provide an enhanced fan experience. For instance, Nokia Corporation collaborated with Singtel Optus Pty Limited to provide extensive coverage to indoor zones such as VIP areas or corporate boxes using the 5G AirScale indoor Radio solution (ASiR).

The global outbreak of the COVID-19 pandemic made a severe impact on the sports industry as competitions and matches were either postponed or canceled. However, sports technology gained significant momentum during this period as sports organizations and leagues employed several techniques to increase fan engagement. While athletes competed in empty arenas, technology provided fans with a better viewing experience. The social media updates, live updates, new camera angles, and the use of VR headsets further improved the viewing experience for the fans, thereby positively influencing the market outlook.

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Sports Technology Market Report Highlights 

• In terms of type, the smart stadium segment recorded the largest revenue share of over 53% in 2024 owing to increased adoption of smart technology in the stadiums to provide enhanced fan experience, increased operational efficiency, and improved safety

• Wearable technology, including fitness trackers, smart apparel, and sensor-embedded equipment, is transforming the sports technology industry by allowing athletes to monitor and enhance their performance in real time.

• In terms of sport, the basketball segment is anticipated to record the fastest CAGR from 2025 to 2030. The use of analytics and data-driven coaching is transforming how basketball teams evaluate players and develop strategies.

• In terms of end-user, the sports leagues segment accounted for the largest revenue share in 2024, The growing acceptance of sports betting is reshaping how sports leagues operate, particularly in North America.

• Europe sports technology industry is expected to grow at a CAGR of over 22% from 2025 to 2030. Europe remains the heart of many of the world’s most prestigious traditional sports leagues, especially in soccer, rugby, and tennis.

Sports Technology Market Segmentation

Grand View Research has segmented the global sports technology market based on type, sports, end use, and region:

Sports Technology Type Outlook (Revenue, USD Million, 2018 - 2030)

• Devices

  • Wearables

  • Digital Signage

  • Camera

• Smart Stadium

  • Software

    • Stadium & Public Security

    • Building Automation

    • Event Management

    • Others

  • Services

• Analytics & Statistics

  • On-field

    • Player & Team Analysis

    • Video Analysis

      • Performance Improvement

      • Refereeing Decisions

    • Health Assessment

  • Off-field

    • Fan Engagement

      • Content Platforms

      • Fan Experience

      • Fantasy Sports

    • Ticket Pricing

    • Others

• Esports

  • Tickets & Merchandise

  • Sponsorship & Advertisement

  • Others

Sports Technology Outlook (Revenue, USD Million, 2018 - 2030)

• American Football/Rugby

• Baseball

• Basketball

• Cricket

• Golf

• Ice Hockey

• Tennis

• Soccer

• Others

Sports Technology End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Sports Clubs

• Sports Associations

• Sports Leagues

• Others

Sports Technology Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

List Of Key Players in the Sports Technology Market

• Apple Inc.

• Catapult Group

• ChyronHego Corporation

• Cisco Systems, Inc.

• HCL Technologies Limited

• IBM Corporation

• Infosys Limited

• Modern Times Group MTG

• Oracle

• Panasonic Corporation

• SAP SE

• Sony Corporation

• Stats LLC

• Telefonaktiebolaget LM Ericsson

• Amazon Web Services Inc.

• DELTATRE

• Ernst & Young Global Limited

• Genius Sports Group

• Microsoft Corporation

• SAS Institute Inc.

• Sportradar AG

• Synergy Sports

• CBS Sports Digital

• Draft Kings, Inc

• Dream 11 (Sporta Technologies Pvt. Ltd.)

• Dream Sports Group

• FanDuel Group

Video Game Market Size To Reach $583.69 Billion By 2030

Video Game Market Growth & Trends

The global video game market size is estimated to reach USD 583.69 billion by 2030, registering a CAGR of 13.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing penetration of smartphones, easy availability & access to games on the Internet, and increasing use of AR and VR technologies in gaming frameworks are driving the growth of this market. Increasing trend of esports, social gaming, cloud-based gaming, and roguelike gaming positively impacts the market’s growth. Furthermore, favorable demographics are contributing to the demand for video games on different gaming platforms. For instance, the gaming industry is seeing rapid growth in participation of female gamers. According to MMA Global, the marketing trade association, most mobile gaming audience comprises women.

In addition, as per the State of India Gaming Report 2022 report by Lumikai, a venture capital firm in collaboration with Amazon Web Services (AWS), women, on average, spend 11.2 hours per week playing video games; while the time spent by men on video games is 10.2 hours/week. Moreover, the gaming landscape has evolved significantly in recent years, with a notable shift toward mobile/smartphone gaming. Mobile gaming has experienced rapid growth, becoming the dominant segment of the gaming industry. The widespread availability of smartphones & tablets, improved hardware capabilities, and increased internet access have led to a surge in mobile gamers worldwide.

In addition, mobile gaming has remained popular among gamers, with a growing community of dedicated mobile gamers. The rising preference for mobile gaming has positively impacted the market by fueling the demand for high-quality and visually appealing games. Given the advancements in mobile hardware capabilities, mobile games are expected to have impressive graphics and visual effects. Consumers often seek games with realistic graphics, detailed textures, and advanced visual effects to utilize their gaming rigs' capabilities fully. The demand for games that can deliver visually stunning graphics for mobile platforms has contributed to the growth of the market.

In February 2023, Sportsbrowser, an online sports portal, published the list of the world’s top 10 most popular online games. Out of these, eight games are serviced on mobile platforms. On the other hand, Metaverse has also supported Web 3.0 gaming, a new gaming reality that enables gamers to move characters from one gaming experience to another. In June 2023, Apple Inc. launched Apple Vision Pro, the first-ever AR headset from the company. This device provides an immersive viewing experience with the forefront Spatial Audio and unrivaled audio-visual quality. The emergence of such high-quality mixed reality (MR) products is further opportunistic for market growth.

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Video Game Market Report Highlights

• Asia Pacific captured a substantial revenue share of over 48.0% in 2022 owing to the high popularity of gaming in countries, such as China, Japan, and South Korea, coupled with the deployment of multiple strategies by Chinese developers to attract gamers

• In terms of devices, the mobile device segment accounted for a revenue share of over 40.0% in 2022 due to the increased proliferation of smartphones and rising internet penetration worldwide

• In terms of types, the online segment is anticipated to witness the fastest growth rate from 2023 to 2030

• The growth of the online segment is driven by a rise in internet penetration, growth of the online casual gaming sector, and increasing popularity of massively multiplayer online (MMO) and Free2Play (F2P) games

Video Game Market Segmentation

Grand View Research has segmented the global video game market based on device, type, and region:

Video Game Device Outlook (Revenue, USD Billion, 2018 - 2030)

• Console

• Mobile

• Computer

Video Game Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Online

• Offline

Video Game Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

• U.S.

• Canada

• Europe

• UK

• Germany

• Asia Pacific

• China

• Japan

• South Korea

• Latin America

• Mexico

• Middle East & Africa (MEA)

• Egypt

• Jordan

• Saudi Arabia

• UAE

List of Key Players in Video Game Market

• Activision Blizzard

• Apple Inc.

• Disney

• Electronic Arts Inc.

• Lucid Games

• Microsoft Corp.

• Nintendo

• Rovio Entertainment Corp.

• Sony Interactive Entertainment Inc.

• Tencent Holdings Ltd.