Functional Printing Market Size

Functional Printing Market size was valued at USD 30.18 billion in 2024 and is likely to cross USD 326.42 billion by 2037, expanding at more than 20.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of functional printing is estimated at USD 35.03 billion. The growth of the market can be attributed primarily to the expansion of the printing industry on the back of rising inclination towards 3D printed devices and growth in 3D printing construction processes worldwide. According to estimates, in 2021, the printing industry accounted for USD 77 Billion in the United States.

Practical printing applications include 3D printers, electronic printed goods, and RFID tags. The technology of functional printing is used in many industries, including automotive, electrical, healthcare, clothing, and paper. Moreover, the presence of a variety of substrates, the high-speed development of the product, the growing demand for functional printing for reducing the impact on the environment, along with the low cost of the manufacturing process are factors projected to drive the functional printing market growth over the forecast period. One of the other factors for market growth is the demand for cost-effective functional printing technologies through which manufacturers achieve high-speed printing at low costs. Also, the increased high-volume electronic production is expected to develop advanced functional printing services which are projected to boost the market growth and its sales prospect.