Digital Textile Printing Market Size, Share, and Analysis,
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
Product Overview
Global Digital Textile Printing Market is estimated at USD 2.2 Billion in 2021. It is expected to grow at a CAGR 11% over the forecast period of 2022-2032.
Digital Textile Printing uses an inkjet printing method that allows the manufacturer to print virtually any design on a textile. Inks are made for digital printing based on the type of fabric used. Digital printing is now used by manufacturers due to technological advancements. This process involves the fabric being rolled up and placed into the printer. Ink is added to the surface as droplets, which are then dried using heat or steam. Some inks need to be washed and dried.
MARKET HIGHLIGHTS
Global Digital Textile Printing Market will grow at a CAGR between 2022-2032 of approximately 11%
The global digital textile printing market is projected to reach USD7.2 billion by 2022, growing at a CAGR 11%. This is due to the rising demand for printed fabrics and the rapid evolution of fashion trends. The market is expected grow due to the increasing per capita incomes in developing countries and several textile printing applications in interior decoration, vehicle wrapping. Digital Textile Printing Market Growth is Expected to be Boosted by the Development of Technology such as Hot Melt Printing for 3D Printing, Textile Application.
GLOBAL DIGITAL TEXTILE PRINTING MARKET SEGMENTATION:
The direct-to-garment segment will dominate the 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 market during the forecast period. This is due to the fact that the designs and patterns are printed directly onto a fabric roll, which is then cut out and sewn to apparel and home decor items. Direct to fabric printing uses pigment inks, dyes reactive, acid dyes, etc. This segment will grow due to the presence of multiple applications.
Clothing/Apparel is expected to dominate market in 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 ANALYSIS
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 located in countries in this region. The largest exporters in this region are responsible for the growth of the market. Due to the growing textile printing hub, the Global Digital Textile Printing Market is seeing a demand increase in countries within this region.
Segmentation
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
Useful Information
• Clothing/Apparel
• Home Décor
• Soft Signage
• Industrial
This report is a great investment.
• 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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