5. MARKET VALIDATION
•According from a survey done from 50
students and professionals, 100% said that
there is a need for this type of sustainable
printing product.
6. MARKET SIZE
•According to the Market Analysis Report of
2022, The global commercial printing market
size was valued at USD 489.63 billion in 2022
and is anticipated to grow at Compound
Annual Growth Rate (CAGR) of 2.8% from
2023 to 2030.
8. PRODUCT – Eco Print
•Accept coins and
plastic bottles
as currency
Front View
9. BUSINESS MODEL
•The business model of Eco Print is to generate revenue
through the sale of printed products and services
provided by the vending machine. Additionally, the
machine can also generate revenue through
advertising partnerships with relevant eco-friendly
companies. The machine's ability to accept plastic
bottles as payment also allows for potential
partnerships with recycling companies, creating
additional revenue streams.
10. MARKET ADOPTATION
•The market adoption could be slow at first, but could
potentially grow as word-of-mouth spreads and the
product gains visibility through effective marketing and
advertising efforts.
