E-paper Display Market by Types (Electrophoretic Display (EPD), Electrowetting Display (EWD), Electrofluidic Display (EFD), and Interferometric Modulator Display (IMOD)), Applications (E-Readers, Electronic Shelf Labels, and Others), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle, East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
E-paper Display Market Outlook 2031
The global e-paper display market size was valued at USD 2.20 Billion in 2022 and is expected to reach USD 9.25 Billion by 2023 anticipated to expand at a robust CAGR 17.3% during the forecast period, 2023-2031. The growth of the market is attributed to increasing Internet penetration along with growing demand for consumer electronics such as tablets, laptops, and smartphones.
An Electronic Paper (E-paper) Display is also known as EPD. It is a display device that possesses high contrast appearance and has ultra-low power consumption Moreover, it is light-weight, which makes it handy for people. It provides the viewer a similar experience of reading from a paper while having the capacity to add more information.
Electronic ink or e-ink is a technology innovation that is utilized to mimic the presence of ordinary ink on e-paper. Unlike a traditional flat-panel board that uses a backdrop illumination to enlighten its pixels, e-paper mirrors lights similar to common paper and is capable for storing text and pictures without drawing power or using processor power.
One significant element that is required in the e-paper is that its pixels should be maintained stable without a consistent stockpile of force. Currently, the most used technology in the market is E Ink, a brand by E Ink Holdings, which holds a market share of over 90% and is used in e-readers, shelf labels, wearables, and e-notebook. E-paper displays are lightweight, battery-fueled, and can be mounted & moved at most places.
E-paper Display Market Trends, Drivers, Restraints, and Opportunities
- Increasing technological advancements is anticipated to boost the market during the forecast period.
- The COVID-19 pandemic had disrupted the supply chain activities.
- The global uncertainty in export shipments owing to trade war between the US and China hindered the market growth.
- Increasing penetration of smartphones, tablets, and laptops is powering the development in the customer gadgets industry. This, in turn, is proliferating the requirement of advanced displays. For instance, E-ink innovation is significantly utilized as it offers low eye strain and improved battery life.
- Low transfer speed of data and electrochemical intricacy may create challenges in the E-paper display market. Moreover, High assembly costs can restrain the market growth.
- Rising investments in the electronics industry, especially in the developing countries is expected to create opportunities for the E-paper display market.
Scope of E-paper Display Market Report
The report on the E-paper display market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
E-paper Display Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Types (Electrophoretic Display (EPD), Electrowetting Display (EWD), Electrofluidic Display (EFD), and Interferometric Modulator Display (IMOD)), Applications (E-Readers, Electronic Shelf Labels, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends. |
Key Players Covered in the Report |
Samsung Display Co. Ltd., Pervasive Display Inc., E Ink Holdings Inc., Cambrios Technologies Corporation, Visionect, LG Display Co. Ltd, CLEAR ink Displays, Sony Corporation, Bridgestone Corporation, and Plastic Logic GmbH |
E-paper Display Market Segment Insights
Type Segment Analysis
Based on types, the market is segmented into the electrophoretic display (EPD), electrowetting display (EWD), electro fluidic display (EFD), and interferometric modulator display (IMOD). The EPD and EWD segments are the key segments of the global e-paper display market.
EPDs are ideal for products where the reading experience is crucial. Increasing demand for e-readers across the globe is propelling the growth of the EWD segment. On the other hand, the EFD segment is anticipated to grow at a healthy rate during the forecast period.
Application Segment Analysis
In terms of applications, the market is divided into e-readers, electronic shelf labels, and others. The other segment is anticipated to exhibit a high CAGR owing to the growing use of e-paper displays for indoor signage; for instance, in event venues, hospitals, and hotels.
Conversely, the e-readers segment is anticipated to exhibit a high CAGR owing to the shift of people from conventional books to e-books owing to the portability and strain-free reading experience.
Regional Outlook
On the basis of regions, the market is classified as North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is anticipated to dominate during the forecast period due to the increasing government investment in smart city developments in emerging countries such as India and China.
North America accounted for a large share of the market in 2020 and is anticipated to grow at a steady rate in the coming years. The COVID-19 pandemic has encouraged people to read books, which in turn, has increased the demand for e-books in regions such as Asia Pacific and North America.
2. Assumptions and Acronyms Used
3. Research Methodology
4. E-paper Display Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. E-paper Display Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. E-paper Display Market - Supply Chain
4.5. Global E-paper Display Market Forecast
4.5.1. E-paper Display Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. E-paper Display Market Size (000’ Units) and Y-o-Y Growth
4.5.3. E-paper Display Market Absolute $ Opportunity
5. Global E-paper Display Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. E-paper Display Market Size and Volume Forecast by Types
5.3.1. Electrophoretic Display (EPD)
5.3.2. Electrowetting Display (EWD)
5.3.3. Electrofluidic Display (EFD)
5.3.4. Interferometric Modulator Display (IMOD)
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global E-paper Display Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. E-paper Display Market Size and Volume Forecast by Applications
6.3.1. E-Readers
6.3.2. Electronic Shelf Labels
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global E-paper Display Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. E-paper Display Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global E-paper Display Demand Share Forecast, 2019-2026
8. North America E-paper Display Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America E-paper Display Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America E-paper Display Market Size and Volume Forecast by Types
8.4.1. Electrophoretic Display (EPD)
8.4.2. Electrowetting Display (EWD)
8.4.3. Electrofluidic Display (EFD)
8.4.4. Interferometric Modulator Display (IMOD)
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America E-paper Display Market Size and Volume Forecast by Applications
8.7.1. E-Readers
8.7.2. Electronic Shelf Labels
8.7.3. Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America E-paper Display Demand Share Forecast, 2019-2026
9. Latin America E-paper Display Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America E-paper Display Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America E-paper Display Market Size and Volume Forecast by Types
9.4.1. Electrophoretic Display (EPD)
9.4.2. Electrowetting Display (EWD)
9.4.3. Electrofluidic Display (EFD)
9.4.4. Interferometric Modulator Display (IMOD)
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America E-paper Display Market Size and Volume Forecast by Applications
9.7.1. E-Readers
9.7.2. Electronic Shelf Labels
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America E-paper Display Demand Share Forecast, 2019-2026
10. Europe E-paper Display Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe E-paper Display Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe E-paper Display Market Size and Volume Forecast by Types
10.4.1. Electrophoretic Display (EPD)
10.4.2. Electrowetting Display (EWD)
10.4.3. Electrofluidic Display (EFD)
10.4.4. Interferometric Modulator Display (IMOD)
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe E-paper Display Market Size and Volume Forecast by Applications
10.7.1. E-Readers
10.7.2. Electronic Shelf Labels
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe E-paper Display Demand Share Forecast, 2019-2026
11. Asia Pacific E-paper Display Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific E-paper Display Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific E-paper Display Market Size and Volume Forecast by Types
11.4.1. Electrophoretic Display (EPD)
11.4.2. Electrowetting Display (EWD)
11.4.3. Electrofluidic Display (EFD)
11.4.4. Interferometric Modulator Display (IMOD)
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific E-paper Display Market Size and Volume Forecast by Applications
11.7.1. E-Readers
11.7.2. Electronic Shelf Labels
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific E-paper Display Demand Share Forecast, 2019-2026
12. Middle East & Africa E-paper Display Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa E-paper Display Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa E-paper Display Market Size and Volume Forecast by Types
12.4.1. Electrophoretic Display (EPD)
12.4.2. Electrowetting Display (EWD)
12.4.3. Electrofluidic Display (EFD)
12.4.4. Interferometric Modulator Display (IMOD)
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa E-paper Display Market Size and Volume Forecast by Applications
12.7.1. E-Readers
12.7.2. Electronic Shelf Labels
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa E-paper Display Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global E-paper Display Market: Market Share Analysis
13.2. E-paper Display Distributors and Customers
13.3. E-paper Display Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Samsung Display Co. Ltd
13.4.2. Pervasive Display Inc
13.4.3. E Ink Holdings Inc
13.4.4. Cambrios Technologies Corporation
13.4.5. Visionect
13.4.6. LG Display Co. Ltd
13.4.7. CLEAR ink Displays
13.4.8. Sony Corporation
13.4.9. Bridgestone Corporation
13.4.10. Plastic Logic GmbH