ePaper Market Size, Share, Growth & Industry Trends [2031]

ePaper Market Size, Share, Growth & Industry Trends [2031]

Segments - ePaper Market by Technology (Electrochromic, Cholesteric LCD, Electrophoretic, and Electro-Wetting), Application (Medical, Transportation, Retail, and Consumer electronics), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-4983 | 4.2 Rating | 79 Reviews | 199 Pages | Format : PDF Excel PPT

Report Description


The global e-paper market size was USD 7.5 Bn in 2022 and is likely to reach USD 10.2 Bn by 2031, expanding at a CAGR of 5.5% during 2023–2031. The market growth is attributed to the increasing adoption of smart devices along with the penetration of internet connectivity.

Epaper also called electronic paper is a technology that enhances the readability of text on an electronic device. It is a display technology that is intended to mimic the appearance of ordinary ink on paper. Millions of tiny capsules with black and white ink particles are present on the e-paper which enables the readers to read the text easily

Global E Paper Market Outlook

E-paper refers to a technology that allows the individual to reuse the paper-like processing and screen medium to write thousands or millions of times over by electronic means. E paper is a platform on which versatile projects are comprehended. It includes online magazines and e-books.

Characteristics of the e-paper such as paper-like readability, visibility, and low consumption of energy make it picture-perfect for tablets and phones to all kinds of digital accessories. Several technologies are used in building the e-paper which makes the display flexible.

Reflected ambient light is used for a wider-angle view that makes e-paper convenient for readers. The image on the e-paper is stable, which eliminates the work of refreshing the content or page constantly. Further, e paper is considered to be durable and lightweight.

The market report finds that the covid-19 impacted moderately on the global e-paper market. The considerate downfall was experienced by several industries during the initial stage of the pandemic. The epaper market saw a distressed situation owing to the sharp decline in demand from several industries, such as transportation, consumer electronics, and retail due to the temporary shutdown. However, the significant growth is attributed to the rising usage of e-paper in the healthcare sector.

  • Increasing digitization across the globe is a major factor driving the e-paper market in the coming years. Growing digitization impacts positively on the epaper market, as paper and magazines are now being replaced by electronic paper, which is convenient to store and consumes less energy and space.
  • Rising government initiatives towards digitization and emerging technological advancement at a rapid pace highly encouraged consumers to support digitization. Moreover, rising awareness about electronic paper among consumers results in increasing adoption of e-books, portable signs, and foldable displays, which accelerates the market growth during the forecast period.
  • Growing e paper technology is another major factor driving the market growth. E paper technology is beneficial in several ways, as it allows individuals to get and read information according to their convenience. It mimics the appearance of paper using the same ink which is been used in the traditional print industry. Better readability and flexibility are expected to grow the e-paper market during the projected period.
  • The e-readers increased due to the increasing number of applications of displays. Rising consumption of electronic devices such as smartphones, electronic wearables, and tablets, accelerates the growth of the epaper market. 
  • High cost required for manufacturing e-paper and the lack of color is expected to hamper the growth of the e-paper market. The manufacturing industries spend a hefty amount on operations and production of electronic paper. However, complexities in operation due to low switching speed are likely to restrain the market.
  • Rising concept of industry 4.0 owing to the increasing interconnectivity creates lucrative growth opportunities in the market. Increasing digitization and technological innovations are growing the demand for industry 4.0, as it optimizes the manufacturing processes and boosts the efficiency of operations in the e-paper industry.
  • Growing demand for on-the-move information is one of the major trends boosting the demand for e-paper. The trend of reading content, such as news, and other readable materials on electronic display is increasing among the population due to internet connectivity, which is expected to boost the e-paper market growth.

Scope of E paper Market Report

The report on the global e-paper 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 Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2020 – 2021

Forecast Period

2023–2031

Segmentation

Technology (Electrochromic, Cholesteric LCD, Electrophoretic, and Electro-Wetting) and Application (Medical, Transportation, Retail, and Consumer electronics)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, E Paper Market Size and Analysis, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Guangzhou OED Technology Co., Ltd; InkCase Enterprise Pte Ltd; LG Electronics; PERVASIVE DISPLAYS, INC; Plastic Logic HK Ltd; SAMSUNG; Displaydata Limited; DKE CO, LTD; Epson America, Inc; MPicoSys Low Power Innovators; Visionect d.o.o.; CLEARink Displays, Inc; and E INK HOLDINGS INC.

E-paper Market Segment Insights

Based on technology, the market is divided into electrochromic, cholesteric LCD, electrophoretic, and electro-wetting. The electrophoretic segment is expected to expand at a significant growth rate during the projected period, owing to the rising adoption of electrophoretic technology to develop e paper. E paper technology is ideal for products where the reading experience is crucial. Electrophoretic is known as e ink. The segment growth is further attributed to the increasing usage of proprietary material which is transformed into a film and incorporates ink for a paper-like display.

Global E Paper Market Technology

On the basis of application, the market is segregated into medical, transportation, retail, and consumer electronics. The consumer electronic segment is projected to register a considerable CAGR during the forecast period due to the growing adoption of consumer electronic devices, such as smartphones, wearable technology, and tablets. The segment growth is further attributed to the increasing demand for free e-books, such as portable reading devices over traditional print books.

The retail segment is anticipated to account for a major market share in the coming years, owing to the ease of use in business processes. Installation of miniature e-paper display labels enables dynamic pricing and frees employees to focus on helping customers. The segment growth is further attributed to the central and remote management for adjusting the pricing strategies and improving the manufacturing and logistics of the retail industry.

In terms of region, the global e-paper market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projected period, owing to the extensive use of tablets and technological advancement. The regional market growth is due to the rising urban population and awareness of technological innovations, boosting the market growth in North America.

The market of Asia Pacific is anticipated to grow at a significant growth rate, due to the rising investments in technology and growing demand for smart city projects in countries such as China and India.

Global E Paper Market Region

Segments

The global e paper market has been segmented on the basis of

Technology

  • Electrochromic
  • Cholesteric LCD
  • Electrophoretic
  • Electro Wetting

Application

  • Medical
  • Transportation
  • Retail
  • Consumer electronics

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Guangzhou OED Technology Co., Ltd
  • InkCase Enterprise Pte Ltd
  • LG Electronics
  • PERVASIVE DISPLAYS, INC
  • Plastic Logic HK Ltd
  • SAMSUNG
  • Displaydata Limited
  • DKE CO, LTD
  • Epson America, Inc
  • MPicoSys Low Power Innovators
  • Visionect d.o.o.
  • CLEARink Displays, Inc
  • E INK HOLDINGS INC.

Competitive Landscape

Key players competing in the global e paper market are Guangzhou OED Technology Co., Ltd; InkCase Enterprise Pte Ltd; LG Electronics; PERVASIVE DISPLAYS, INC; Plastic Logic HK Ltd; SAMSUNG; Displaydata Limited; DKE CO, LTD; Epson America, Inc; MPicoSys Low Power Innovators; Visionect d.o.o.; CLEARink Displays, Inc; and E INK HOLDINGS INC.

These major companies adopt various business development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share.

  • On March 23, 2022, E Ink, the originator, pioneer, and global commercial leader in digital paper technology, launched E Ink Gallery Plus, the latest generation of their Advanced Color E-paper (ACeP) platform. This next-generation, full-color e-paper module has a color range of up to 60,000, which is an improved version of the earlier one.
Global E Paper Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. E-paper 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 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 Market - Supply Chain
  4.5. Global E-paper Market Forecast
     4.5.1. E-paper Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. E-paper Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. E-paper Market Absolute $ Opportunity
5. Global E-paper Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. E-paper Market Size and Volume Forecast by Applications
     5.3.1. Medical
     5.3.2. Transportation
     5.3.3. Retail
     5.3.4. Consumer electronics
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global E-paper Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. E-paper Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global E-paper Demand Share Forecast, 2019-2026
7. North America E-paper Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America E-paper Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America E-paper Market Size and Volume Forecast by Applications
     7.4.1. Medical
     7.4.2. Transportation
     7.4.3. Retail
     7.4.4. Consumer electronics
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America E-paper Demand Share Forecast, 2019-2026
8. Latin America E-paper 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
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America E-paper Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America E-paper Market Size and Volume Forecast by Applications
     8.4.1. Medical
     8.4.2. Transportation
     8.4.3. Retail
     8.4.4. Consumer electronics
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America E-paper Demand Share Forecast, 2019-2026
9. Europe E-paper 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. Europe Average Pricing Analysis
  9.2. Europe E-paper Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe E-paper Market Size and Volume Forecast by Applications
     9.4.1. Medical
     9.4.2. Transportation
     9.4.3. Retail
     9.4.4. Consumer electronics
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe E-paper Demand Share Forecast, 2019-2026
10. Asia Pacific E-paper 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific E-paper Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific E-paper Market Size and Volume Forecast by Applications
     10.4.1. Medical
     10.4.2. Transportation
     10.4.3. Retail
     10.4.4. Consumer electronics
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific E-paper Demand Share Forecast, 2019-2026
11. Middle East & Africa E-paper 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. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa E-paper Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa E-paper Market Size and Volume Forecast by Applications
     11.4.1. Medical
     11.4.2. Transportation
     11.4.3. Retail
     11.4.4. Consumer electronics
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa E-paper Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global E-paper Market: Market Share Analysis
  12.2. E-paper Distributors and Customers
  12.3. E-paper Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Guangzhou OED Technology Co., Ltd
     12.4.2. InkCase Enterprise Pte Ltd
     12.4.3. LG Electronics
     12.4.4. PERVASIVE DISPLAYS, INC
     12.4.5. Plastic Logic HK Ltd
     12.4.6. SAMSUNG
     12.4.7. Displaydata Limited
     12.4.8. DKE CO, LTD
     12.4.9. Epson America, Inc
     12.4.10. MPicoSys Low Power Innovators
     12.4.11. Visionect d.o.o.
     12.4.12. CLEARink Displays, Inc
     12.4.13. E INK HOLDINGS INC.

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