According to the new market research report on the "Digital Textile Printing Market
by Printing Process (Roll to Roll, DTG), Ink Type (Sublimation,
Pigment, Reactive, Acid), Application (Textile & Decor, Industrial,
Soft Signage, Direct to Garment), and Geography - Global Forecast to
2023", this market is expected to be worth USD 2.31 Billion by
2023 from USD 1.76 Billion in 2018, at a CAGR of 5.59% between 2018
and 2023. The major factors driving the growth of the digital textile
printing industry include the growing demand for sustainable printing;
increasing demand for digital textile printing in the garment and
advertising industries; shortening lifespan and faster adaptability of
fashion designs; development of new technologies in the textile
industry; reduced per unit cost of printing with digital printers, and
growth of the e-commerce industry.
• Download Informational PDF Brochure :-
• Download Informational PDF Brochure :-
Browse 63 market data Tables and 45 Figures spread through 150 Pages and in-depth TOC on "Digital Textile Printing Market - Global Forecast to 2023"
Early buyers will receive 10% customization on reports.
Roll to Roll printing process expected to hold largest market share by 2023
The roll to roll printing process is expected to hold
the largest share of the digital textile printing market during the
forecast period. Currently, the roll to roll printing process accounts
for more than two-thirds of the digital textile printing market and is
majorly used in textile & decor, soft signage, and industrial
applications. The major applications in textile & decor are home
textile, upholstery, linens, drapery, scarves, ties, bags, sportswear,
footwear, clothes, interior decor, etc. Applications in the soft signage
and industrial segments include carpets, posters, banners, flags,
vehicle wrapping, wallpaper, building material, POS display, etc.
Direct to Garment application to grow at highest rate during forecast period
The direct to garment application is estimated to
register the highest CAGR during the forecast period. Fast moving
fashion cycles, cost advantage on short run cycles, creative designs,
quick time to market for new trends, reduced wastage, and low power
consumption are some of the major factors which will drive the market
for direct to garment applications. According to industry experts, the
future of fashion is all about customization. Consumers choose to wear
the shape, size, prints, and colors that best suit them. The fashion
industry is going through an evolution regarding how it gets products
from the runway during a fashion week to stores and ultimately
customers’ wardrobes quicker than ever. This has led to a shift in the
entire production timeline.
Europe likely to hold largest share of digital textile printing market during forecast period
Europe is expected to hold the largest share of the
digital textile printing market during the forecast period owing to the
economic recovery and increased growth in the printing industry. Digital
textile printers are increasingly being deployed in Europe to meet the
need for faster turnaround times, shorter runs, and more variable data
printing with high quality. The use of digital textile printers in the
fashion industry is another factor driving the growth of this market in
this region.
The report also profiles the most promising players
in the digital textile printing market. The competitive landscape of the
market presents an interesting picture of the strategies adopted by a
large number of players. The key players in this industry are Aeoon
Technologies GmbH (Austria), ATPColor Srl (Italy), Bordeaux Digital
PrintInk Ltd. (Israel), Durst Phototechnik AG (Italy), Hollanders
Printing Systems B.V. (Netherlands), Kornit Digital (Israel), SPGPrints
B.V. (Netherlands), Brother International Corporation (Japan), Colorjet
Group (India), d.gen Inc. (South Korea), Konica Minolta, Inc. (Japan),
Mimaki Engineering Co., Ltd. (Japan), Mutoh Holdings Co. Ltd. (Japan),
Ricoh Company Ltd (Japan), Roland DG Corporation (Japan), Seiko Epson
Corporation (Japan), DuPont (US), Electronics For Imaging, Inc. (US),
and Huntsman International LLC (US).
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sales@marketsandmarkets.com
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