Point of Sale Display Market Growth Opportunities and Forecast till 2022 - 2030
The Global Point of Sale Display Market size accounted for US$ 11,065 Million in 2021 and is anticipated to reach US$ 22,488 Million by 2030 with a CAGR of 8% from 2022 to 2030.
A point of purchase is a marketing term that refers to the location where a retailer or marketer displays promotional or marketing materials. Because this is where the majority of customers will come into contact with the products, placing promotional items alongside them can increase the likelihood of people purchasing them. Electronic or printed materials next to merchandise in a brick-and-mortar store, near the checkout area, or virtual signs on an online store are examples of POP displays.
POS displays are typically supplied by the product manufacturer and sited, restocked, and retained by one of their regular salespeople in smaller retail outlets. Large supermarkets, on the other hand, have more control over their suppliers' activities due to the greater purchasing power, and favor to use their own material that is consistent with their business theme and store layout.
Soft drinks, batteries, candy, magazines, chewing gum, tobacco, comics, and writable CDs and DVDs are all items that may appear in POS displays throughout the year. These displays are also useful in stores with limited floor space, as counters have a lot of wasted space.
Parameter |
Point of Sale Display Market |
Point of Sale Display Market Size in 2021 |
US$ 11,065 Million |
Point of Sale Display Market Forecast By 2030 |
US$ 22,488 Million |
Point of Sale Display Market CAGR During 2022 – 2030 |
8% |
Point of Sale Display Market Analysis Period |
2018 - 2030 |
Point of Sale Display Market Base Year |
2021 |
Point of Sale Display Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Type, By Application, and By Region |
Point of Sale Display Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
BPKC, IPC, DS Smith plc, Georgia-Pacific LLC, WestRock, Sonoco Products Company, and The Smurfit Kappa Group plc |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Global Point of Sale Display Market Dynamics
Selling merchandise is no longer about making a profit; it's about providing value to customers through a more streamlined, personalized, and targeted shopping experience. The millennial generation has had a significant impact on the retail industry, and as a result, businesses are undergoing tremendous digital transformations in order to provide outstanding customer service. One of the primary factors driving the global point of sale display market is the increasing adoption of sophisticated technologies such as digital point of sale displays, smartphone apps, and other initiatives.
Customers are constantly using on-shelf and PDQ displays to draw attention, raising the value of these displays as a valuable tool for increasing walk-in traffic. Suppliers are heavily investing in technology in order to improve their capabilities, which are propelling the market forward. Many users have incorporated 3D technology to offer services such as simulated fitting rooms, and the technology has grown in popularity. As a result of technological breakthroughs and the growing ability to customize content based on client expectations, the POS display market is expected to grow.
Covid-19 Impact on Global Point of Sale Display Market
The COVID-19 outbreak has impacted all businesses, including hardworking owners, distributors, producers, delivery drivers, employees, and retailers of all kinds. Government and social responses are rapidly evolving, and we agree that nothing is more important than supporting them. However, as a result of this situation, smaller companies and retailers are experiencing problems with their current operating system and require a more robust solution, such as POS. It aids in the ringing up of transactions, inventory measurement, and payment acceptance. A good POS system can keep track of transaction data, manage inventory, generate reports, and store customer contact information. Here are some ways that point-of-sale systems help retailers..
Point of Sale Display Market Insights
Type, application, and region are the three categories of the global point of sale display industry. Based on the type sector, the segmentation includes free-standing displays, floor displays, countertop displays, and others. According to our research, floor displays will account for the largest share point of sale display market by type. Consumers can get accurate product information from floor displays, and brands can capitalizing on ongoing customer interaction, which is good for segmental growth.
The application segment is further categorized into retailers, banks, auto dealers, restaurants, construction companies, community events, and others. Among them, retailers have historically dominated the global point-of-sale display market, and this is expected to continue in the coming years. Because point-of-sale merchandise is geared toward low-ticket impulse purchases that can be easily combined with other purchases.
Global Point of Sale Display Market Geographical Competition
The global Point of Sale Display industry is divided into North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa. North America generated the largest revenue in the forecast period because of the continued growth for the incorporation of sophisticated and modern marketing strategies with point of sale displays. Furthermore, the growing use of point-of-sale displays by small & mid retailers to boost sales and customer engagement is expected to propel the regional market forward in the coming years.
Due to growing investment opportunities from notable retailers in the area to develop effective marketing strategies, including point of sale promotional strategies, Asia Pacific is expected to grow at a significant rate during the forecast period.
Global Point of Sale Display Industry Segment Analysis
Point of Sale Display Market By Type
· Free-Standing Displays
· Floor Displays
· Countertop Displays
· Others
Point of Sale Display Market By Application
· Retailers
· Auto Dealers
· Community Events
· Banks
· Restaurants
· Construction Companies
· Others
Point of Sale Display Market Leading Companies
This section of the study honors the market's top vendors BPKC, IPC, DS Smith plc, Georgia-Pacific LLC, WestRock, Sonoco Products Company, and The Smurfit Kappa Group plc are the key companies mentioned in the research.
Point of Sale Display Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa