The artwork management software market size is projected to reach US$ 1,128.58 million by 2030 from US$ 551.06 million in 2022. The market is expected to register a CAGR of 9.4% during 2022–2030. Rising demand for the FMCG industry and rising adoption of cloud-based artwork management software are likely to remain key trends in the market.
There is a rise in the pharmaceutical industry, which operates under various regulatory frameworks to create a safe environment. An artwork management software provides a centralized platform to streamline artwork processes, ensuring compliance, efficiency, and brand consistency. This software helps the players in the pharmaceutical industry to efficiently create, approve, and manage artwork, including labels, packaging, and promotional materials.
The artwork management system helps to reduce manual processes, simplify approval cycles, and enhance overall efficiency. This system software helps to streamline the process by saving time and money. It helps to keep the brand accurate and consistent. This software helps to improve productivity by creating a central brief to kick off tasks for creating or updating artwork, which can be accessed from a single location. It identifies the errors and corrects them quickly. The software improves efficiency by ensuring timely approvals through automated reminders and flags for overdue approvals.
There is a rising demand for medicines and other life science elements worldwide. In the pharmaceutical industry, packaging & labeling are widely recognized as a mission-critical procedure, which assists the organization to set strategic goals for bringing more customers. New rules and regulations emerge with the rising frequency of label changes, increasing the utilization of an artwork management system to reduce human errors, minimize discrepancies in processes, and enhance label quality & business agility. In addition, many companies that offer medical devices must comply with the European Union's MDR systems and Falsified Medicines Directive (FMD), the Food and Drug Administration's Unique Device Drug Supply Chain Security Act (DSCSA), and other regulatory requirements to maintain the regular operations in pharmaceutical and life science sectors. Thus, to cater to the above government regulation and increase the efficiency and accuracy of packaging and labeling of healthcare products, various companies provide packaging artwork management software.
FMCG companies deal with a large volume of artwork and packaging changes, and the need for sophisticated computerized label and artwork management software is increasing worldwide, boosting market growth. Moreover, as cloud artwork management software can help to connect people and processes across internal departments, suppliers, agencies, customers, and vendors to get products faster to the market while also meeting regulatory compliance, its demand is increasing, which is expected to create a growth opportunity for the artwork management software market in the coming years.
Key segments that contributed to the derivation of the artwork management software market analysis are the deployment and application.
The geographic scope of the artwork management software market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
Asia Pacific region held the largest market share and is expected to grow with the highest CAGR. Countries such as India, Japan, and China hold the majority of the Asia Pacific market share. The growing pharmaceutical industry generates the demand for artwork management software for streamlining the artwork processes. In addition, the growing retail and manufacturing industry complements the artwork management software market in Asia Pacific.
The regional trends and factors influencing the Artwork Management Software Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Artwork Management Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 551.06 Million |
| Market Size by 2030 | US$ 1,128.58 Million |
| Global CAGR (2022 - 2030) | 9.4% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Deployment
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Artwork Management Software Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Artwork Management Software Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The artwork management software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the artwork management software market are listed below:
The “Artwork Management Software Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
The List of Companies - Artwork Management Software Market
The estimated value of the artwork management software market will be US$ 1,128.58 million by 2030.
The emergence of new and sophisticated technologies is considered a key trend in the artwork management software market.
enLabel Global Services Inc, Karomi Inc, Loftware Inc, Perigord Asset Holdings Ltd, Freyr LLC, Esko-Graphics BV, ManageArtworks, GreatFour Systems Inc, Kallik Ltd, and Aptean Inc are some of the key players operating in the artwork management software market.
The global artwork management software market is estimated to register a CAGR of 9.4% during the forecast period 2022–2030.
Rising demand for the FMCG industry and rising adoption of cloud-based artwork management software are the key driving factors impacting the artwork management software market.