Digital Textile Printing Market
The following is a brief introduction to the topic:
Technological advancements are reshaping the fabric industry in a dynamic way, resulting in more innovative and efficient processes. Digital Textile Printing Market has been a revolution in fabric printing, and the manufacturing of fabrics. It is a fast-growing sector. This article explores the Digital Textile Printing Market and its applications, benefits, future prospects, as well as its meaning.
Digital textile printing was estimated to be worth US$ 2,714.5m in the year 2023. A 12.2% annual growth is projected, resulting in a market valuation of US$ 8545.1m by 2033.
The Digital Textile Market: A Redefining of Fabric Printing
Digital Textile Printing Market is the use of digital technologies for applying intricate patterns or designs onto fabrics. Digital textile printing allows more flexibility and creativity than the traditional method, which involves many steps, high costs and long lead times.
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A recent Future Market Insights analysis predicts that the digital textile market will grow by a staggering 16.3% CAGR between 2022-2029. This incredible market growth has been largely attributed to the technological advancements over time, as well as increased penetration of printing in emerging economies such China, Mexico and India.
Digital Textile Printing: A Growing Market
Digital Textile Printing Market grew substantially in the last few years due to various factors.
1. Technological Advancements: The continuous innovations of digital printing have resulted in improved print quality and speed. They also enhance the market appeal.
2. Demand for Sustainable Practices Increases: With sustainability becoming a top priority globally, consumers and business owners who care about the environment have been attracted to digital textile print.
3. Digital Textile Printing is Growing in Fashion and Home Decor Industries. The digital textile print technology has been adopted by the fashion and home décor industries for its versatility. This allows them to stay up-to-date with changing trends.
4. Printing on Demand: On demand printing has given the market for digital textiles a big boost, as it allows customized and flexible manufacturing.
5. The cost effectiveness of digital textile printing allows small and medium businesses to compete on a level playing field with the larger companies.
Digital Textile Printing Market Future Trends
The Digital Textile Printing Market is set to grow in the coming years, and several trends will influence its future.
1. Ink Technology is advancing: Researchers are working to create more eco-friendly inks and solutions.
2. Integration of Automation and AI: The integration of automation and artificial intelligence is expected to be a major factor in the optimization and efficiency enhancements for digital textile printing.
3. 3D Textile Printing: By combining 3D textile printing with 3D technology, new design possibilities and textures will be unlocked.
4. IoT Printing Devices – Internet of Things Technology will facilitate seamless connectivity and communications between the printing devices. This will streamline the printing workflow.
5. The expansion of digital printing: Due to the increasing demand for textiles, it is likely that more facilities will specialize in digital printing, providing a range of different printing options.
Digital Textile Printing Market Study: Key Findings
1. Direct to Fabric (DTF), a segment of the digital textile market that is expected to grow at a CAGR exceeding 17.5%, has unmatched demand.
2. Due to the higher initial set-up costs, small quantities of digital textile printing are more costly. A high number of short-run orders requires multiple jobs, and plate changes are required regularly.
3. The digital printers have developed more accurate ways to determine the type of equipment and print run. The main goal of print service providers is to computerize their printing process.
4. North America, East Asia and Europe are expected to grow at a phenomenal rate in the global market for digital textile print.
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Recent Developments
1. Mimaki Europe has introduced two high-performance textile printing systems to its portfolio. Mimaki TS100-1600, and Mimaki Tiger-1800B Printer MkIII.
2. Epson will release its SureColor SC9430 and SC9430H digital fabric printers in January 2020. The printers will be able to print high quality, large quantities of printed sports gear, clothes, signs for outdoor use, decorations and home décor, as well as other items.
Survey on the Digital Textile Printing Industry Segments
Digital Textile Printing Market by Printing Process:
Direct-to-Garment Digital Textile Printing
Dye Sublimation Digital Textiles Printing
Digital textile printing on Direct-to-Fabric (DTF).
Digital Textile Printing Market by Ink:
Sublimation
React
Acid
Direct Disperse
Pigment
Digital Textile Printing Market by Substrate:
Digital Cotton Printing
Digital Silk Printing
Digital Rayon Printing
Digital Linen Printing
Digital Polyester Printing
Other
Digital Textile Printing market by end use:
Clothing
Homeowners
Displays
The technical textiles
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Future Market Insights, Inc., a market research firm that is Stevie Award winner, ESOMAR Certified, and a Greater New York Chamber of Commerce member, provides you with in-depth insight into the dominant factors driving demand. This report highlights the growth opportunities in different segments based on source, application, sales channel and end use over the next 10 years.
This press release is published at openPR.