Functional Printing Market to Double by 2030
New York, Wednesday, 3 December 2025.
The functional printing market is set to reach $23.46 billion by 2030, driven by innovations in printed electronics and RFID, significantly impacting supply chain efficiency and consumer engagement.
Growth Drivers in Functional Printing
The functional printing market, projected to double by 2030, is primarily driven by advancements in printed electronics and RFID technology. The market is expected to grow from USD 11.85 billion in 2025 to USD 23.46 billion by 2030, at a compound annual growth rate (CAGR) of 14.6% [1]. Such growth is attributed to the versatility and efficiency of inkjet printing, which plays a crucial role in creating flexible substrates for applications like sensors, displays, and RFID tags [1].
Technological Innovations and Market Impact
Innovations in inkjet technology are significantly contributing to the market’s expansion. These advancements have led to the development of thinner, more efficient OLED displays and durable electronic components like RFID antennas [1]. The integration of smart sensors into various industries is also accelerating the adoption of functional printing, enhancing supply chain management and consumer engagement through improved tracking and data analytics [1].
Regional Market Insights
Regionally, the Asia Pacific is poised for substantial growth due to rapid industrialization and increasing demand for innovative technology products. This region’s expansion is further supported by the growing healthcare sector and the emergence of smart packaging solutions [1]. In North America, the market benefits from well-established industries such as automotive and healthcare, which leverage functional printing for advanced solutions like sensors and electronic circuits [1].
Future Projections and Economic Implications
The forecasted growth in the functional printing market underscores a broader economic impact, notably in enhancing supply chain efficiency and fostering consumer engagement. As businesses increasingly adopt these technologies, the implications for manufacturing and service delivery become profound, marking a significant evolution in these sectors [1]. With key players such as Avery Dennison Corporation and Eastman-Kodak leading the charge, the industry’s trajectory remains promising [1].