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
The 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. The inks used for digital textile printing are produced based on fabric types. The manufacturers use digital printing due to the advancements in technology. This process involves the fabric being rolled up and placed into the printer. The ink is applied in small droplets to the fabric surface, and then the ink is dried with heat or steam. Certain inks must be cleaned and dried.
MARKET HIGHLIGHTS
Global Digital Textile Printing Market to grow at 11% CAGR during forecast period 2022-2032
Global Digital Textile Printing Market is expected reach USD 7.2 Billion, with a CAGR (Compound Annual Growth Rate) of 11%. Rising demand for digitally printed textiles as well as rapid changes in fashion using printed garments are expected to drive the market growth. Market growth is expected to be driven by the rising per capita income of developing countries, as well as several applications for textile printing such interior decoration and vehicle wrap. 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 (DTF), a printing method, is expected to dominate in the forecast period due to the many designs and patterns that are printed directly on fabric rolls which can then be cut and sewn into clothing and home décor items. Direct to Fabric printing uses inks such as pigment inks and reactive dyes. This segment’s growth is expected to be boosted by the availability of various applications.
The clothing/apparel segment is expected 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 ANALYSIS
The Global Digital Textile Printing Market has been segmented into five regions based on regional analyses: North America (North America), Latin America (Latin America), Europe (European Union), Asia Pacific, and Middle East and 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 the region. This region’s growth is attributed to the biggest exporters of textiles and garments. Due to the growing textile printing hub, the Global Digital Textile Printing Market is booming in 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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