Functional Printing Market: By Printing Technology, By Material Type, By Application, and Geography

Functional Printing Market Size, Share, Growth, Trends, and Global Industry Analysis: By Printing Technology (Inkjet Printing, Screen Printing, Gravure Printing, and Flexography), By Material Type (Substrate and Inks), By Application (Display, Sensors, Batteries, RFID tags, Lightening, and Photovoltaic), and Region

Functional Printing Market size was valued at US$ 14,568.9 million in 2023 and is poised to grow at a 22.3% CAGR from 2024 to 2030. Functional printing is a two-dimensional and three-dimensional printing that results in a material having active and passive functionality, it necessitates the printing of various electrical components through substrates and inks, it is used to print various substrates such as paper, and glass dielectric inks. It is used for the mass production of LCDs, OLEDs, RFIDs, and photovoltaics. Functional printing is segmented based on technology including inkjet printing, screen printing, gravure printing, and flexes, the demand for low-cost, dependable, and smart electronic devices such as RFIDs and sensors is driving the growth of the market.

The growing application of 3d modeling has raised the functional printing demand in the market it is estimated to become a profitable opportunity for the market also growing applications such as sensor display, and lighting are raising high demand in the future. Modernization and production of complex structures create hindrances in the market, this factor is projected to be a challenge for the market. Geographically, North America held the major market share in 2022 and shows lucrative demand in the market, owing to the presence of the most functional printing and equipment in the region. 

Functional Printing Market Key Developments

  • In March 2022, Avery Dennison Graphics Solutions launched a new generation of digital print films. The new Avery Dennison MPI 2904 Easy Apply™ is a smooth glossy, flexible vinyl film designed for vivid and high-quality digital print performance. It delivers great value for vibrant and creative applications with intermediate durability requirements, Complementing the MPI 2904 Easy Apply are the new Avery Dennison DOL 2960 Gloss and DOL 2980 Matte overlaminates that give users both improved handling efficiency and superior finished graphics.
  • In February 2022, Canon announced the expansion of its MAXIFY Ink Efficient GX Series lineup with a new ink tank business printer. The printer combines low color printing costs with speed, paper handling, and networking capabilities to give offices and businesses a boost in efficiency and productivity.
  • In January 2022, Eastman Kodak Company announced the launch of a new ink system for Film-to-Fabric (DTF). Film-to-fabric ink systems can be used with the most modified inkjet printers and involve three simple components: powder, film, and ink. The benefits of DTF, like the KODACOLOR FTF (Film-to-Fabric) System, include the ability to print on a wide variety of fabrics (e.g., natural fabrics, polyester, nylon, rayon, blends, and cotton)

Functional Printing Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

22.3%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Functional Printing Market Dynamics

The increasing production of complex structures and availability of a wide range of substrates is the major market driver in the Functional Printing Market during the forecast period. The adoption of functional printing techniques raises the overall demand in the market, the easy availability of substrates such as sensors, battery, display, and photovoltaic and their applications are the major factor that drives the market.

Functional Printing Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 14,568.9 million

Market CAGR

22.3%

By Technology

  • Inkjet Printing
  • Screen Printing
  • Gravure Printing
  • Flexography

By Material Type

  • Substrate
  • Inks

By Application

  • Display
  • Sensors
  • Batteries
  • RFID tags
  • Lightening
  • Photovoltaic

By Region

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The functional printing market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030).
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
  •  

Download Free Sample Report

Frequently Asked Questions

Functional printing market size was valued at US$ 14,568.9 million in 2023 and is projected to grow at a CAGR of 22.3% from 2024-2030.

North America holds the highest market share in 2023.

The leading players in the functional printing market are Blue Spark Technologies, Avery Dennison Corporation, Dura-Tech Industries, E Ink Holdings Inc., Eastman Kodak Company, Enfucell Oy, European Securities and Markets Authority, Nissha Co., Ltd., ISORG, Mark Andy Inc., Nanosolar Corporation, Novaled GmbH, Optomec, Inc., Toppan Inc, Toyo Ink Sc Holdings Co. Ltd, Trident Limited, India, Xaar plc., Haiku Tech, and Display Corporation International Inc

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Functional Printing Market Introduction 
2.1.Global Functional Printing Market  - Taxonomy
2.2.Global Functional Printing Market  - Definitions
2.2.1.Technology
2.2.2.Material Type
2.2.3.Application
2.2.4.Region
3.Global Functional Printing Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Functional Printing Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Functional Printing Market  By Technology, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Inkjet Printing
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Screen Printing
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Gravure Printing
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Flexography
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Functional Printing Market  By Material Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Substrate
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Inks
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Functional Printing Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Display
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Sensors
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Batteries
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. RFID tags
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Lightening
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Photovoltaic
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
8.Global Functional Printing Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Functional Printing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Inkjet Printing
9.1.2.Screen Printing
9.1.3.Gravure Printing
9.1.4.Flexography
9.2.  Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Substrate
9.2.2.Inks
9.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Display
9.3.2.Sensors
9.3.3.Batteries
9.3.4.RFID tags
9.3.5.Lightening
9.3.6.Photovoltaic
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Functional Printing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Inkjet Printing
10.1.2.Screen Printing
10.1.3.Gravure Printing
10.1.4.Flexography
10.2.  Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Substrate
10.2.2.Inks
10.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Display
10.3.2.Sensors
10.3.3.Batteries
10.3.4.RFID tags
10.3.5.Lightening
10.3.6.Photovoltaic
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Functional Printing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Inkjet Printing
11.1.2.Screen Printing
11.1.3.Gravure Printing
11.1.4.Flexography
11.2.  Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Substrate
11.2.2.Inks
11.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Display
11.3.2.Sensors
11.3.3.Batteries
11.3.4.RFID tags
11.3.5.Lightening
11.3.6.Photovoltaic
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Functional Printing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Inkjet Printing
12.1.2.Screen Printing
12.1.3.Gravure Printing
12.1.4.Flexography
12.2.  Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Substrate
12.2.2.Inks
12.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Display
12.3.2.Sensors
12.3.3.Batteries
12.3.4.RFID tags
12.3.5.Lightening
12.3.6.Photovoltaic
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Functional Printing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Technology Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Inkjet Printing
13.1.2.Screen Printing
13.1.3.Gravure Printing
13.1.4.Flexography
13.2.  Material Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Substrate
13.2.2.Inks
13.3.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Display
13.3.2.Sensors
13.3.3.Batteries
13.3.4.RFID tags
13.3.5.Lightening
13.3.6.Photovoltaic
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Blue Spark Technologies
14.2.2.Avery Dennison Corporation
14.2.3.Dura-Tech Industries
14.2.4.E Ink Holdings Inc.
14.2.5.Eastman Kodak Company
14.2.6.Enfucell Oy
14.2.7.European Securities and Markets Authority
14.2.8.Nissha Co., Ltd.
14.2.9.ISORG
14.2.10.Mark Andy Inc.
14.2.11.Nanosolar Corporation
14.2.12.Novaled GmbH
14.2.13.Optomec, Inc.
14.2.14.Toppan Inc
14.2.15.Toyo Ink Sc Holdings Co. Ltd
14.2.16.Trident Limited, India
14.2.17.Xaar plc.
14.2.18.Haiku Tech
14.2.19.Display Corporation International Inc
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Blue Spark Technologies
  • Avery Dennison Corporation
  • Dura-Tech Industries
  • E Ink Holdings Inc.
  • Eastman Kodak Company
  • Enfucell Oy
  • European Securities and Markets Authority
  • Nissha Co., Ltd.
  • ISORG
  • Mark Andy Inc.
  • Nanosolar Corporation
  • Novaled GmbH
  • Optomec, Inc.
  • Toppan Inc
  • Toyo Ink Sc Holdings Co. Ltd
  • Trident Limited, India
  • Xaar plc.
  • Haiku Tech
  • Display Corporation International Inc

Related Industry Reports