Print On Demand Statistics 2023: Facts about Print On Demand are important because they give you more context about what’s going on in the World in terms of Print On Demand.
LLCBuddy editorial team scanned the web and collected all important Print On Demand Statistics on this page. We proofread the data to make these as accurate as possible. We believe you don’t need to check any other resource on the web for Print On Demand Facts; All are here only 🙂
Are you planning to form an LLC? Thus you need to know more about Print On Demand? Maybe for study projects or business research or personal curiosity only, whatever it is – it’s always a good idea to know more about the most important Print On Demand Statistics of 2023.
How much of an impact will Print On Demand Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your Print On Demand related questions here.
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Top Print On Demand Statistics 2023
☰ Use “CTRL+F” to quickly find statistics. There are total 32 Print On Demand Statistics on this page 🙂Print On Demand “Latest” Statistics
- In the first 6 months of 2020, Printify monthly active users have grown by 69%, with registrations up 39%.[1]
- According to a FicShelf survey, 67% of top-ranking self-published titles were written by women, versus only 39% of the top traditionally published titles.[2]
- Amazon’s market share of self published print books in the U.S increased from 6% in 2007 to 92% as of 2018, according to Bowker records.[2]
- According to Deloitte, a worldwide audiobook market size of $3.5 billion looks plausible, with the United States and China accounting for almost 75% of it.[2]
- By 2022, digital’s market share will expand from 15.7% in value terms to 19.3% as the next generation of presses enhance quality and productivity.[2]
- Vanity press publishers dropped their share from 73% of all books published in 2007 to just 6%.[2]
- In 2012, the Russian government released official statistics that at least 90 percent of available Russian ebooks come from pirates.[2]
- According to a new market report by Smithers, the global printing market is anticipated to reach $821 billion by 2022, driven by digital and pod printing.[2]
- Self-publishing is the fastest growing category inside that worldwide print sales industry, with a CAGR of around 17% over the anticipated timeframe.[2]
- According to author earnings, self published writers create 85% of the eBooks that are read in the amazon ecosystem, along with 2,000 audiobooks from amazon’s audible division.[2]
- 18% of electronic readers use a different app for their digital reading.[3]
- If consumers can return an item within 12 hours, 62% of customers are more willing to purchase online.[3]
- 92% of consumers said they would repurchase a product if the return process was simple, but 79% said they would prefer free returns.[3]
- A child’s memory and language development is said to be improved by reading 15 pages on paper each day, according to over 90% of teachers and parents.[3]
- Amazon is thought to sell 60% of all books and has 1.4 million self published books on its list.[3]
- Around 49% of merchants provide free return shipping, and 67% of customers look at the returns page before completing a purchase.[3]
- Based on the 2018 State of Social Video Marketer Trends report, 73% of consumers claim that they have been influenced by a brand’s social media presence when making a purchasing decision.[3]
- In the U.S, there were 244.4 million digital video viewers in 2020, exceeding analysts’ predictions in terms of year over.[3]
- In 2019, video streaming and downloads will account for 82% of all internet traffic worldwide.[3]
- Books sales revenue in 2019 totaled $26 billion physical books generated a 74.7% of the total revenue.[3]
- The fourth quarter, which is a popular period for Christmas shopping, had the largest peak at 3.2%.[3]
- 86% of people earning over $75,000 per year read a book last year.[3]
- Printful had a 70% order spike over the weekend, with as many as 204 orders per minute—twice as many as in 2019.[4]
- Printful, another on-demand fulfillment company that prints, packs and ships custom products from e-commerce sites, reported an 80% year-over-year increase in order count over the last three quarters of 2020 and a 44% year-over-year growth in the number of new stores joining the platform.[4]
- Custom tote bags were looked at more than 100 times per week in 2021, according to Google Trends.[5]
- According to Google Trends, the average number of searches for printed bed sheets in 2021 was 50-100.[5]
- According to this Google Trends report for 2021, custom shoes have attracted a lot of attention globally, with over a hundred weekly searches.[5]
- The global Print On Demand Software market size was valued at $2179.16 million in 2021 and is expected to expand at a CAGR of 30.39% during the forecast period, reaching $10709.76 million by 2027.[6]
- Product information the market for home décor is anticipated to have the highest CAGR of 27.7%.[7]
- 43% made the decision to start cyber week marketing early and 33% of business owners intentionally introduced new goods during cyber week.[8]
- Face masks made up 38% of the most popular new products offered by online shop owners during the pandemic.[8]
- 27% of respondents said that, in the last 12 months, they tried out a new product for sustainability reasons and 25% spent more money on sustainable fashion.[8]
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How Useful is Print on Demand
One of the most obvious advantages of print on demand is that it reduces the financial risks associated with traditional publishing. Authors no longer have to pay for thousands of copies of their books upfront, only to be left with unsold inventory gathering dust in a warehouse. With print on demand, books are printed as they are ordered, eliminating the need for publishers to speculate on demand.
Furthermore, print on demand opens up new opportunities for authors to get their work out into the world. Independent authors who may not have been able to secure a traditional publishing deal can now easily self-publish their books and have them available for sale on major online retailers. This democratization of the publishing industry has allowed for a more diverse range of voices to be heard, giving readers more choices and increasing the availability of niche and independent titles.
In addition, print on demand has also proven to be environmentally friendly. Without the need for large print runs and excess inventory, there is less waste generated in the publishing process. This is especially important in a time when sustainability is at the forefront of many consumers’ minds. By reducing the carbon footprint of the publishing industry, print on demand is helping to make the book publishing process more sustainable.
However, despite its many advantages, print on demand does have its limitations. One of the main concerns is the quality of the printed books. Because print on demand involves printing books one at a time, the quality can sometimes be inconsistent. Some readers have reported receiving books with issues such as misaligned text, smudged ink, or poor binding. While improvements in technology have helped to mitigate some of these issues, there is still room for improvement in this area.
Another limitation of print on demand is the cost. While print on demand eliminates the need for large print runs and inventory storage, the cost per unit is often higher compared to traditional publishing methods. This can make it challenging for authors to price their books competitively, especially when competing with larger publishers who can afford to print in bulk.
Overall, print on demand has proven to be a valuable tool for authors and publishers looking to reduce financial risks, reach a broader audience, and contribute to a more sustainable publishing industry. While there are still challenges to be overcome in terms of quality and cost, the benefits of print on demand are clear. As the publishing industry continues to evolve, print on demand will likely play an increasingly important role in the future of book publishing.
Reference
- printify – https://printify.com/ecommerce-statistics/
- selfpublishingadvice – https://selfpublishingadvice.org/facts-and-figures-about-self-publishing-the-impact-and-influence-of-indie-authors/
- webinarcare – https://webinarcare.com/best-print-on-demand-software/print-on-demand-statistics/
- asicentral – https://www.asicentral.com/news/newsletters/promogram/february-2021/pandemic-drives-print-on-demand-growth/
- cloudways – https://www.cloudways.com/blog/print-on-demand-products/
- digitaljournal – https://www.digitaljournal.com/pr/print-on-demand-software-market-growth-statistics-2022-global-research-by-size-share-demand-future-prospects-growing-strategies-and-forecast-to-2027
- grandviewresearch – https://www.grandviewresearch.com/industry-analysis/print-on-demand-market-report
- printful – https://www.printful.com/blog/print-on-demand-statistics/