Market Overview
The Global E-Paper Display Market size is expected to be valued at
USD 3.0 Billion in 2023, and it is further anticipated to reach a market value of
USD 13.9 Billion by 2032 at a
CAGR of 18.7%.
The Global E-Paper Display Market refers to display technology which imitates the appearance of traditional printed books & paper on display screens. E-Paper Displays are commonly used in e-readers, digital signage, smartwatches &
digital signage. The E-paper display is extensively used in the e-books and retail segment wherein e-books hold the majority market share. The retail section also uses an E-paper display instead of traditional paper tags so they can update and edit the price and product details at their convince. The use of E-paper displays in retail is also popular for its low cost, power efficiency, high visibility in low-lighting conditions & being user friendly. Moreover, they cover the most important environmental concerns where they are energy efficient & reduce paper usage.
Market Dynamic
The Global E-Paper Display Market shows many changes in the market which are influenced by factors such as new technological advancements, shifts in customer choices and new trends. In the Global E-Paper Display Market, major industries are continuously introducing new features to get a competitive edge over the other. Some features that are nowadays extensively in demand are vibrant colour options, flexibility, high & clear resolution and a high refresh rate.
As consumers these days are becoming more aware of the environmental impact caused by the paper industry, they have started finding alternatives to traditional paper books and the E-paper display market serves that purpose ideally. This market is environment friendly as it is energy efficient and paperless. Even, though the Global E-Paper Display Market offers many colour screens and features to the user its slow refresh rate, limited colour pallet, and high production cost & market fragmentation show some restraints that this market has to overcome and when this market will overcome these obstacles it will grow further more rapidly.
Research Scope and Analysis
By Product
In the product segment, the E-readers segment holds the majority of market shares at 37.1% in 2023 and is expected to show significant growth in the upcoming years (2023-2032). The reason behind the growing market value of E-readers is because of the integration of online content into the
educational curriculum. for example, many prestigious universities around the globe offer online courses and their study material online which makes the whole education process paperless and completely reliable on E-books which facilitates the growth of the E-Paper Display Market.
The E-readers serve as a platform which provides information and knowledge to anyone around the world without any restrictions, which makes it popular in remote regions of the world. E-readers have found a strong place not only in the lives of students but also in their professional lives. The evolving nature of this market shows the changing demands & needs of the consumers as their preference is shifting to digital platforms.
By Application
In the Application segmentation, the consumer electronics segment is expected to hold the highest market share and is also anticipated to show promising growth in the upcoming future. As the market of consumer electronics such as smartphones, smartwatches or e-books is growing it will positively influence the growth of the E-paper display market. Also, the E-paper technology offers features in which the consumer can use the device for a longer time and it will provide low eye strain.
As content available on online platforms is increasing, the online e-book market can see a shift in the preferences among consumers who are shifting from traditional paper books to e-books. As the majority of youth nowadays own a smartphone, laptop & tablet, they prefer to read a book on that only which also subsequently affect positively the market of E-Paper Display. As for the use of E-Paper Display in wearable, it is used in smartwatches & fitness trackers, which have become extensively popular among consumers and hold significant shares in the current market.
The Global E-Paper Display Market Report is segmented on the basis of the following
By Product
- E-readers
- Auxiliary Display
- Electronic Shelf Labels
- Others
By Application
- Consumer Electronics
- Wearable
- E-readers
- Smartphones
- Institutional
- Media and Entertainment
- Retail
- Others
Regional Analysis
In the Global E-Paper Display Market, North America region holds the highest market share of 40.8% in the Global E-Paper Display Market. The reason behind the stronghold of the North American region on this market is major companies like Amazon whose E-reading device Kindle has established its brand image all over the globe. Additionally, the consumer base has a high affinity for smart technology and devices which act as a precursor in this market. The majority of consumers in this region rely on e-books instead of traditional printed books.
The E-paper display also offers an ideal substitute to traditional printed books as they are environment friendly, power efficient, easy to carry and user friendly.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The Global E-Book Display Market is experiencing consolidation, with a few key players shaping the industry landscape. The Global E-Book Display Market has many key players who hold a significant portion of the market. These companies utilize inorganic & organic strategies for their market expansion. The inorganic strategies include research and development of new products and innovation while the organic strategies deal with partnerships, mergers & acquisitions.
Furthermore, these mergers & partnerships further boost their market position and pave the way for the expansion of the market conditions. The key players in the Global E-Paper Display Market are Plastic Logic GmbH, E-Ink Holding Inc., Clear Ink Display, Perasive Display Inc., Toppan Printing Co. Ltd., LANCOM Systems GmbH, Guangzhou Oed Technologies Co. Ltd., Microtips Technology and other key players.
Some of the prominent players in the Global E-Paper Display Market are
- Plastic Logic GmbH
- E-Ink Holding Inc
- Clear Ink display
- Perasive Display Inc.
- Toppan Printing Co. Ltd.
- LANCOM Systems GmbH
- Guangzhou Oed Technologies Co. Ltd.
- Microtips Technology
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global E-Paper Display Market
The COVID-19 Pandemic and recession had a significant impact on different markets throughout the world, including the Global E-paper display market. Like any other industry, the pandemic affected the demand and supply chain of the E-paper display market. The extended lockdowns and transport restrictions on import export and travel made the scenario even more critical for the market, as the lack of raw material for production halted the manufacturing process. During an economic recession, the decrease in purchasing power also affected this market as the E-display products are non-essential items so during the pandemic the consumer’s demand shifted from this market. In the retail sector, they use E-Paper Displays, such as electronic shelf labels for advertisements and information. But, during pandemic the consumers shifted to online shopping which affected the demand for digital signage from retail stores.
However, the pandemic brought attention that the E-paper display is also environmental friendly as they are energy efficient and reduce paper usage.
Report Details
Report Characteristics |
Market Size (2023) |
USD 3.0 Bn |
Forecast Value (2032) |
USD 13.9 Bn |
CAGR (2023-2032) |
18.7% |
Historical Data |
2017 - 2022 |
Forecast Data |
2023 - 2032 |
Base Year |
2022 |
Estimate Year |
2023 |
Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
Segments Covered |
By Product (E-readers, Auxiliary Display, Electronic
Shelf Labels and Others), By Application (Consumer
Electronics, Institutional, Media and Entertainment,
Retail and Others) |
Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
Prominent Players |
Plastic Logic GmbH, E-Ink Holding Inc., Clear Ink
Display, Perasive Display Inc., Toppan Printing Co.
Ltd., LANCOM Systems GmbH, Guangzhou Oed
Technologies Co. Ltd., Microtips Technology and
Other Key Players |
Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days and 5 analysts working days respectively. |
Frequently Asked Questions
The Global E-Paper Display Market size is expected to be valued at USD 3.0 Billion in 2023, and it is
further anticipated to reach a market value of USD 13.9 Billion by 2032 at a CAGR of 18.7%.
The emerging trends in the Global E-Paper Display Market are the development of flexible E-Paper
Displays, the Use of vibrant colour pallets, lowering refresh rate & making it more user-friendly.
The key players in the Global E-Paper Display Market are Plastic Logic GmbH, E-Ink Holding Inc., Clear Ink
Display, Perasive Display Inc., Toppan Printing Co. Ltd., LANCOM Systems GmbH, Guangzhou Oed
Technologies Co. Ltd., Microtips Technology and other key players.
North America is the region which holds the highest market share of 40.8% in the Global E-Paper Display
Market.