The market size of Digital Textile Printing It is estimated that the value of this market will be US$ 2,714.5 millions in 2023. It is predicted to grow by 12.2% annually, to US$ 8,545.1 billion by 2033.
Digital printing has revolutionized the textile industry. Digital textile printing revolutionized how fabrics are produced, customized, and designed. This cutting edge technology has many advantages, including quicker turnaround times, reduced wastage, and the ability create intricate and vivid designs. This article will examine the Digital Textile printing market and its key aspects including market trends and growth factors. We will also discuss challenges and future prospects.
Digital Textile Printing Market grew significantly in recent years owing to the unmatched advantages it offers over traditional printing methods. Digital textile printing is a more efficient and streamlined solution than traditional textile printing methods that require time-consuming processes like screen printing or heat transfers.
The high cost of digital equipment is a barrier to entry for many businesses, especially small and medium-sized ones. Demand for eco-friendly methods of printing and sustainable sourcing is increasing, which creates opportunities for players on the market to develop and provide more environmentally conscious products.
Digital textile printing is expected to continue growing and evolving in the years ahead, providing exciting opportunities for companies that are looking to benefit from this rapidly changing industry.
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The global digital textile printing market is anticipated to clock a remarkable CAGR of 16.3% over 2022-2029, as suggested by a new Future Market Insights (FMI) report. This remarkable market growth has been largely attributed to the growing penetration of the print sector in developing countries such as China and Mexico, along with technological advancements.
Digital Textile Printing Industry Market Trends
Digital Textile Printing Market: The industry is shaped by key trends. These trends drive innovation and expand the applications of digital printing.
- Rapid Technological AdvancementsThe digital textile printing industry has benefited from continuous improvements in the digital printing technologies, such as improved printheads and inks.
- Demand for Customization GrowingThe demand for personalized textiles is increasing. Digital textile printing allows manufacturers to customize products to meet individual needs and market demand.
- Sustainable and environment-friendly solutionsDigital textile printing uses less resources and produces less waste than traditional methods. This is in line with the growing demand for sustainable practices within the textile industry.
The digital textile printing industry is likely to experience a positive growth outlook, thanks in part to its advanced technology and many other characteristics. Manufacturers can expect to find lucrative opportunities in the U.S., Canada and other countries as demand for digital textile print solutions surges.
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Digital Textile Printing Market Study: Key Takeaways
- The global digital textile market is projected to expand at a CAGR exceeding 17.5% between 2017 and 2022.
- Digital textile printing is more expensive than traditional printing methods, so the cost per unit of printing small volumes will be higher. A high number of orders with shorter runs require multiple jobs, and plate changes are required regularly.
- Digital printers strive to determine equipment types and printing run lengths more precisely. It is evident that the main focus of print service providers is to computerize their printing process.
- North America and East Asia will likely experience a rapid growth in the global market for digital textile printing.
Recent Developments
- Mimaki Europe is a leading provider of inkjet printing and cutting systems. It has now added two new high performance textile printers to their product range. The Mimaki TS100-1600 Printer and the Mimaki Tiger-1800B.
- Epson has announced that its SureColor SC F9430 and SC F9430H digital textile Printers will be available in January 2020. The new printers are designed to produce high-quality and high-volume prints for sporting gear, fashion clothing, home décor, outdoor signage, etc.
Factors driving the growth of the digital textile printing market
Digital Textile Printing Market is a profitable segment of the textile industry due to a number of factors.
- Expanding Fashion & Apparel IndustryFashion and apparel is a major consumer of digital textile print services. This market segment has grown due to the increasing demand for high-quality, customized fabrics.
- Advantages over Traditional Printing TechniquesDigital textile printing has several advantages over other techniques. These include reduced setup times, quicker production, better design capabilities and lower costs when it comes to short runs.
- E-commerce adoption is increasingThe rapid growth of online marketplaces has created new opportunities for digital textile printing. Online marketplaces allow for direct-to consumer sales and print-on-demand, thereby driving demand for digital printing.
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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
- Direct to Fabric Digital Textile Printing
Digital Textile Printing Market by Ink:
- Sublimation
- Reactive
- Acid
- Direct Dispersal
- 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
- Households
- Displays
- Technical Textiles
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