Digital Textile Printing: Market Share and Size by Printing Method (Direct to Fabric or Direct to Garment), Operation (Single-Pass, Multipass), Textile Type (Cotton/Apparel/Textile, Cotton, Silk, Polyester etc. ), Ink Types (Sublimation/Pigment, Acid, Reactive) and Applications (Home Decor, Soft Signage/Industrial, Clothing/Apparel) for the Forecast Period 2022-2032.
New York, May 26, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Digital Textile Printing Market Size, Share, and Analysis, By Printing Process, By Operation, By Textile Material, By Ink Type By Application and Regional Forecasts, 2022-2032” – https://www.reportlinker.com/p06458674/?utm_source=GNW
A PRODUCT SURVEY
The global digital textile printing market was valued at USD 2.22 billion in 2021, and it is projected to grow at an annual CAGR of 11.1% between 2022-2032.
Digital Textile Printing relies on the inkjet technology to allow manufacturers to digitally print a variety of designs on fabrics. The inks used for digital textile printing are produced based on fabric types. The manufacturers use digital printing due to the advancements of technology. This process involves the use of a rolling device to feed the fabric into the printer. The ink can be added in the form of droplets to the surface, and then the ink is dried with heat or steam. Some inks must be dried and washed.
MARKET HIGHLIGHTS
Global Digital Textile Printing Market to grow by 11% CAGR during Forecast Period, 2022-2032
The global digital textile printing market will reach USD7.2 billion by 2022, growing at an annual CAGR of 11 %. This is due to the increasing demand for printed fabrics and the rapid evolution of fashion trends. Growth is driven by the increasing per capita income of developing countries, along with multiple applications for textile printing such as interior decoration or vehicle wrapping. Digital Textile Printing is set to grow due to the development of technologies such as hot melt printing and textile applications.
GLOBAL DIGITAL TEXTILE PRINTING MARKET SEGMENTATION:
The direct-to-garment segment will dominate the market during forecast period
Global Digital Textile Printing Market can be classified by Printing Process as Direct to Fabric and Direct to Garment. Direct to Fabric printing is predicted to be the dominant segment in the future due to its ability to print designs directly on fabric rolls, which are then cut and sewn into clothing and other home decor items. Inks such as pigment inks and reactive dyes are used for Direct to Fabric Printing. This segment will grow due to the presence of multiple applications.
The clothing/apparel segment will dominate the market during the forecast period
MARKET DYNAMICS:
Growth drivers
• Reduced Cost of Operation May Assist in the Growth of the Market
• The Capability of Virtual Printing on Fabric Aids in Market Growth
Restraint
• High Cost of Machinery May Restrict the Market Growth
GLOBAL DIGITAL TEXTILE PRINTING MARKET_KEY PLAYERS COVERED:
• Seiko Epson
• Konica Minolta
• Mimaki Engineering
• D.Gen
• Brother Industries
• MS Printing
• Kornit Digital
• RolandDG Corporation
• Dover Corporation
• Colorjet
• Atexco
• SPG Prints B.V.
• Other Prominent Players
REGIONAL ASSESSMENT
Global Digital Textile Printing Market segmented by region: North America Latin America Europe Asia Pacific Middle East Africa. Asia-Pacific is predicted to be the leading region in 2021. It is also projected to lead in the forecasting period due to several textile industries present in this region. It is the biggest exporters of clothing and textiles that are responsible for the growth in this market. This region is experiencing a rise in textile printing, which is driving the demand for digital textile printing.
Segmentation
The Printing Process
• Direct to Fabric
• Direct to Garment
Operation
• Single Pass
• Multi-Pass
Textile material
• Cotton
• Silk
• Polyester
• Others
Ink type
• Sublimation
• Pigment
• Reactive
• Acid
• Others
Approval
• Clothing/Apparel
• Home Décor
• Soft Signage
• Industrial
Why you should purchase this report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Read the full report: https://www.reportlinker.com/p06458674/?utm_source=GNW
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