North America Artwork Management Software Market Forecast to 2030 - Regional Analysis - By Deployment (Cloud and On-Premise) and Application (Life Sciences, Retail, Manufacturing, and Others)

Description

List of Tables

The North America artwork management software market was valued at US$ 229.63 million in 2022 and is expected to reach US$ 455.86 million by 2030; it is estimated to grow at a CAGR of 8.9% from 2022 to 2030.

Growing Use in FMCG Industry Drives North America Artwork Management Software Market

The fast-moving consumer goods (FMCG) & retail sector is undergoing constant pressure to launch newer products in the market. Every launch experiences a product development cycle to provide each project in a specified time frame. Owing to the fact that packaging is the first aspect consumers observe and touch, it holds a significant position for every brand. If there is any issue in the content or design of the product packaging, the FDA might impose fines on the company. It can also result in the company being unable to effectively communicate product information to the customer due to content or design flaws. Hence, to effectively convey information about the brand, usage guidelines, ingredients, and safety and efficacy statistics, the use of artwork management software is increasing rapidly in the FMCG industry. Furthermore, FMCG companies have to manage the enormous amount of artwork and packaging changes for each sales season, raising the demand for an effective automatic artwork management system. Further, consumers are opting for sustainably sourced and recyclable packaging materials. The demand for artwork management software is rapidly increasing among artwork designers in order to ease the packaging procedure, along with other crucial processes, in the FMCG industry, boosting the growth of the North America artwork management software market.

North America Artwork Management Software Market Overview

The US, Canada, and Mexico are the major contributors to the North America artwork management software market. North America is one of the frontrunners in terms of developing and accepting new, advanced technologies. Packaging material design plays a crucial role in the pharmaceutical industry. Major pharmaceutical companies such as Pfizer, AbbVie, and Johnson & Johnson are investing heavily in product packaging to increase sales. Artwork management software plays a significant role in the packaging process. The software helps pharma manufacturers automate the entire process, from product designing to printing. According to International Quality and Value Institute Advisors (IQVIA), North America accounted for 49.1% of global pharmaceutical sales in 2021. Growing pharmaceutical sales in the region increase the demand for artwork management software and its adoption among pharma manufacturers. The software helps manufacturers simplify product packaging by reducing manual processes.

The US and Canada are considered developed countries in terms of modern technologies, manufacturing, standard of living, infrastructure, etc. According to the National Association of Manufacturers, the US manufacturing sector was valued at ~US$ 2.5 trillion in 2021. The proliferation of this industry is mainly attributed to easy access to new technologies, rise in pharmaceutical manufacturing, reduced prices of gas, surge in labor costs in emerging markets, and better protection for intellectual property rights. The rising use of technologies in the last five years has fueled the adoption of artwork management software in the region. In May 2022, IQVIA's Migration Information and Data Analysis System (MIDAS) stated that the US accounted for 64.4% of sales of new medicines launched from 2016 to 2021. Also, Canada is becoming a more favorable country for manufacturing activities due to the availability of power at a lower cost, owing to advancements in the coal, metal, and oil industries. Similarly, there is a rise in the adoption of artwork management software in food & beverages manufacturing. For instance, manufacturers of granola bars in certain geographical areas can develop distinctive labels highlighting local ingredients such as maple syrup from Canada or honey from the US. Thus, the growing access to innovative technologies is transforming production processes along with enabling enterprises to reduce their production costs and time. Further, the manufacturing sector in Mexico is also witnessing significant growth due to government initiatives for attracting FDIs, its proximity to the US, and its ability to achieve cost-competitiveness with the support of the North American Free Trade Agreement (NAFTA). Such favorable growth prospects are encouraging businesses in the region to make high investments in automation, which is supporting the growth of the North America artwork management software market. Further, the presence of numerous artwork management solution providers is boosting the North America artwork management software market growth. A few of these companies are Perigord Life Science Solutions-a Tech Mahindra Company, Karomi Inc, and Loftware Inc.

North America Artwork Management Software Market Revenue and Forecast to 2030 (US$ Million)

North America Artwork Management Software Market Segmentation

The North America artwork management software market is segmented based on deployment, application, and country.

Based on deployment, the North America artwork management software market is bifurcated into cloud and on-premise. The cloud segment held a larger share in 2022.

By application, the North America artwork management software market is segmented into life sciences, retail, manufacturing, and others. The life sciences segment held the largest share in 2022.

Based on country, the North America artwork management software market is segmented into the US, Canada, and Mexico. The US dominated the North America artwork management software market in 2022.

enLabel Global Services Inc, Loftware Inc, Perigord Asset Holdings Ltd, Freyr LLC, Esko-Graphics BV, Pharmaceutical Design BV, GreatFour Systems Inc, Kallik Ltd, and Aptean Inc are some of the leading companies operating in the North America artwork management software market.

Product Code: TIPRE00022997

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Artwork Management Software Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain:

5. North America Artwork Management Software Market - Key Industry Dynamics

5.1 Drivers
- 5.1.1 Growing Adoption in Pharma and Life Science Sectors
- 5.1.2 Growing Use in FMCG Industry
5.2 Market Restraint
- 5.2.1 Challenges Associated with Artwork Management Process
5.3 Market Opportunity
- 5.3.1 Adoption of Cloud-based Artwork Management Platform
5.4 Future Trend
- 5.4.1 Emergence of New and Sophisticated Technologies
- 5.4.2 Growing Integration of Artwork Management Software with PLM
5.5 Impact of Drivers and Restraints:

6. Artwork Management Software Market - North America Market Analysis

6.1 North America Artwork Management Software Market Overview
6.2 North America Artwork Management Software Market Revenue (US$ Million), 2022 - 2030
6.3 North America Artwork Management Software Market Forecast and Analysis

7. North America Artwork Management Software Market Analysis - Deployment

7.1 Cloud
- 7.1.1 Overview
- 7.1.2 Cloud Market Revenue and Forecasts to 2030 (US$ Million)
7.2 On-Premise
- 7.2.1 Overview
- 7.2.2 On-Premise Market Revenue and Forecasts to 2030 (US$ Million)

8. North America Artwork Management Software Market Analysis - Application

8.1 Life Sciences
- 8.1.1 Overview
- 8.1.2 Life Sciences Market Revenue and Forecasts to 2030 (US$ Million)
8.2 Retail
- 8.2.1 Overview
- 8.2.2 Retail Market Revenue and Forecasts to 2030 (US$ Million)
8.3 Manufacturing
- 8.3.1 Overview
- 8.3.2 Manufacturing Market Revenue and Forecasts to 2030 (US$ Million)
8.4 Others
- 8.4.1 Overview
- 8.4.2 Others Market Revenue and Forecasts to 2030 (US$ Million)

9. North America Artwork Management Software Market - Country Analysis

9.1 Overview
- 9.1.1 North America Artwork Management Software Market Revenue and Forecasts and Analysis - By Countries
  - 9.1.1.1 US: North America Artwork Management Software Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.1.1.1 US: North America Artwork Management Software Market Breakdown by Deployment
    - 9.1.1.1.2 US: North America Artwork Management Software Market Breakdown by Application
  - 9.1.1.2 Canada: North America Artwork Management Software Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.1.2.1 Canada: North America Artwork Management Software Market Breakdown by Deployment
    - 9.1.1.2.2 Canada: North America Artwork Management Software Market Breakdown by Application
  - 9.1.1.3 Mexico: North America Artwork Management Software Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.1.3.1 Mexico: North America Artwork Management Software Market Breakdown by Deployment
    - 9.1.1.3.2 Mexico: North America Artwork Management Software Market Breakdown by Application

10. Competitive Landscape

10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions

12. Company Profiles

12.1 enLabel Global Services Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Loftware Inc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Perigord Asset Holdings Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Freyr LLC
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Esko-Graphics BV
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Pharmaceutical Design BV
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 GreatFour Systems Inc
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Kallik Ltd
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Aptean Inc
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 Word Index