Functional Printing Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Technology (Inkjet, Screen, Gravure, Flexography), By Material (Substrates, Inks), By Application (RFID, Displays, Batteries, Sensors, Others), And By Geography - Forecasts From 2020 To 2025

Published:  Oct 2020 Report Code: KSI061610232 Pages: 125

The global functional printing market is projected to grow at a CAGR of 20.13% to reach a total value of US$37.756 billion by 2025, from US$12.560 billion in 2020. Functional printing can be two or three-dimensional and is used for bringing functionality to what is printed. It is used for printing on different substrates and inks. Functional printing technology provides graphical effects like electrochromic effect and electroluminescent effect. The functional printing technology has various advantages like low production cost, less energy consumption, high manufacturing rate, and less material wastage. Advancing printing technology is increasing the reliability, accuracy, and mounting need for mass production of electronic devices like LED, OLED, and RFID chips. The growth in display and biosensors' requirements and the development of a new printing process like micro-contact printing and nanoimprint lithography is boosting the functional printing market growth.

Inkjet projected to hold a notable share

The functional printing market is segmented by printing technology as Inkjet printing, flexographic printing, screen printing, gravure printing, and others. Inkjets are flexible, versatile, and setting up an inkjet printer is easy. It is best used for low-viscosity, soluble materials like organic semiconductors. Screen printing is widely used in the production of sensors and radio frequency identification (RFID) antennas. Screen printing has numerous advantages over other printing technologies such as durability, versatility, speed, and affordability. These advantages are boosting the adoption of screen printing technology by different industries. Gravure printing is applied for transforming paper into a viable substrate for printing electronics. The printing of high-performance electronic devices onto paper is limited by the large surface roughness and ink absorption of paper. Gravure printing has overcome this by providing a local smoothing layer and printing organic thin-film transistors (OTFTs). That exhibits performance on-par with the device on a plastic substrate. 

RFID anticipated showing good growth

By application, the market is segmented into sensors, batteries, RFID, photovoltaic, and flexible display. The demand for thin and highly efficient displays required in the different applications has increased the growth of OLED and LED displays segment. Advancing technology in printed electronics is developing OLED displays and making them thinner, rollable, and efficient as OLED display developed using traditional methods. The function printing market is growing owing to recent advances in technology and a decline in the cost, reliable and robust electronic devices such as RFID antennas and sensors all over the world.

Asia Pacific expected to grow substantially

Regionally the Functional Printing market is classified into North America, South America, Europe, Middle East, and Africa, and the Asia Pacific The report also analyses 16 countries across these regions with complete analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.  North America has a significant market share of functional printing due to increased usage of this printing technology by the electronics sector because of its design, low cost, and material utilization benefits. Asia Pacific region will witness the fastest growth due to the massive production of electronic components, amplified investments in research and development, and fast-emerging economies like India and China. Factors like rapid industrialization and supportive government regulations such as FDI, trade agreements will significantly contribute to the functional printing market growth over the forecast period.

Competitive Insights

Prominent key market players in the functional printing market are Eastman-Kodak, GSI Technologies, Mark Andy, Novaled GmbH, and Blue Spark Technologies, among others. The global functional printing market is highly competitive with key market players competing by way of continually innovating new applications and technologies. M&A and partnerships are some of the key strategies being implemented by key market players to gain a larger market share.

Functional Printing Market Scope:

Report Metric Details
 Market size value in 2020  US$12.560 billion
 Market size value in 2025  US$37.756 billion
 Growth Rate  CAGR of 20.13% from 2020 to 2025
 Base year  2020
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Technology, Material, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Avery Dennison Corporation, BASF SE, Eastman-Kodak, GSI Technologies, Blue   Spark Technologies, Sensient, Mark Andy, E Ink Holdings, Novaled GmbH
 Customization scope  Free report customization with purchase

 

Segmentation-

  • By Technology
    • Inkjet
    • Screen
    • Gravure
    • Flexography
  • By Material
    • Substrates
    • Inks
  • By Application
    • RFID
    • Displays
    • Batteries
    • Sensors
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the functional printing market size by 2025?
A1. The global functional printing market is projected to reach a total market size of US$37.756 billion by 2025.

Q2. What is the size of global functional printing market?
A2. Functional Printing market was valued at US$12.560 billion in 2020. 

Q3. What are the growth prospects for functional printing market?
A3. The functional printing market is projected to grow at a CAGR of 20.13% during the forecast period.

Q4. What factors are anticipated to drive the functional printing market growth?
A4. The growth in display and biosensors' requirements and the development of a new printing process like micro-contact printing and nanoimprint lithography is boosting the functional printing market growth.

Q5. Which region holds the largest market share in the functional printing market?
A5. North America has a significant share of the functional printing market due to increased usage of this printing technology by the electronics sector because of its design, low cost, and material utilization benefits.

1. Introduction
1.1. Market Definition
1.2. Market Segmentation
 
2. Research Methodology
2.1. Research Data
2.2. Assumptions
 
3. Executive Summary
3.1. Research Highlights
 
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
 
5. Functional Printing Market Analysis, by Technology
5.1. Introduction
5.2. Inkjet
5.3. Screen
5.4. Gravure
5.5. Flexography
 
6. Functional Printing Market Analysis, by Material
6.1. Introduction
6.2. Substrates
6.3. Inks
 
7. Functional Printing Market, by Application
7.1. Introduction
7.2. RFID
7.3. Displays
7.4. Batteries
7.5. Sensors
7.6. Others
 
8. Functional Printing Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.2.1. North America Functional Printing Market, By Technology, 2019 to 2025
8.2.2. North America Functional Printing Market, By Material, 2019 to 2025
8.2.3. North America Functional Printing Market, By Application, 2019 to 2025
8.2.4. By Country
8.2.4.1. USA
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. South America Functional Printing Market, By Technology, 2019 to 2025
8.3.2. South America Functional Printing Market, By Material, 2019 to 2025
8.3.3. South America Functional Printing Market, By Application, 2019 to 2025
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. Europe Functional Printing Market, By Technology, 2019 to 2025
8.4.2. Europe Functional Printing Market, By Material, 2019 to 2025
8.4.3. Europe Functional Printing Market, By Application, 2019 to 2025
8.4.4. By Country
8.4.4.1. Germany
8.4.4.2. France
8.4.4.3. United Kingdom
8.4.4.4. Spain
8.4.4.5. Others
8.5. Middle East and Africa
8.5.1. Middle East and Africa Functional Printing Market, By Technology, 2019 to 2025
8.5.2. Middle East and Africa Functional Printing Market, By Material, 2019 to 2025
8.5.3. Middle East and Africa Functional Printing Market, By Application, 2019 to 2025
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. Israel
8.5.4.3. UAE
8.5.4.4. Others
8.6. Asia Pacific
8.6.1. Asia Pacific Functional Printing Market, By Technology, 2019 to 2025
8.6.2. Asia Pacific Functional Printing Market, By Material, 2019 to 2025
8.6.3. Asia Pacific Functional Printing Market, By Application, 2019 to 2025
8.6.4. By Country
8.6.4.1. China
8.6.4.2. Japan
8.6.4.3. South Korea
8.6.4.4. India
8.6.4.5. Others
 
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
 
10. Company Profiles
10.1. Avery Dennison Corporation
10.2. BASF SE
10.3. Eastman-Kodak
10.4. GSI Technologies
10.5. Blue Spark Technologies
10.6. Sensient
10.7. Mark Andy
10.8. E Ink Holdings
10.9. Novaled GmbH

Avery Dennison Corporation

BASF SE

Eastman-Kodak

GSI Technologies

Blue Spark Technologies

Sensient

Mark Andy

E Ink Holdings

Novaled GmbH

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