Revolutionizing Fabric Decoration: Exploring the Digital Textile Printing Market CAGR of 12.2% by 2033
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% per annum to US$ 8,545.1 billion by 2033.
Digital textile printing is the process of using digital technology to print designs on fabrics. Digital textile printing, unlike traditional methods of printing that require complex and lengthy processes, is an efficient and fast method. Digital textile printing involves creating the designs digitally and then printing them directly onto the fabric with specialized printers. It eliminates intermediate steps, such as the creation of screens or plates. This reduces both production time and cost.
Digital Textile Printing Market experienced significant growth in the last few years due to its unique advantages over traditional methods of printing. Digital textile printing provides a faster and more efficient alternative to traditional textile printing processes that are time-consuming, such as heat transfer or screen printing.
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.
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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 incredible market growth is largely driven by the increasing penetration of printing in developing markets like China, Mexico and India and technological advances that have occurred over time.
Market Trends and Future Growth Prospects
In recent years, the digital textile printing industry has seen rapid growth due to technological advances and an increase in demand for custom fabrics. Here are some key trends and growth opportunities:
1. Digital Textile Printing – Growing in Adoption by Fashion Industry
Fashion designers have embraced digital textile print because it allows them to create unique, personalized designs. Fashion designers are using this technology for creating unique apparel, accessories and footwear. Digital textile printing is a great option for the fashion industry because of its quick turnaround and ease of customization.
2. Growing Demand for Eco-Friendly Printers
Textiles are no exception to the trend of sustainability becoming a focus for companies across all industries. Digital textile printing has been deemed a more environmentally friendly alternative to traditional methods of printing due to its reduced water usage, energy efficiency and minimal waste production. Market for eco friendly printing solutions should grow due to the increasing awareness of consumers and their desire for sustainable products.
3. Technology Advancements Enhancing Print Speed and Quality
Digital textile printers are improving their print quality and speed due to continuous advancements in digital technology. Researchers and developers are working to create high-resolution printing devices that can print intricate patterns on various fabrics. These technological advancements are driving the market’s growth and expanding its applications beyond fashion to sectors such as home textiles and automotive textiles.
4. Direct-to garment printing is gaining popularity
In recent years, Direct-to Garment (DTG), a type of digital textile print, has become increasingly popular. DTG printers enable the direct printing onto garments of designs, eliminating any need for labels or transfers. This technology has revolutionized custom apparel, enabling services such as on-demand personalization and printing.
5. Home Decor and Interior Design Sector Increasingly Demanding
Home decor and interior designing is another important market sector driving digital textile printing. Designers and homeowners are now able to personalize furnishings, curtains and upholstery with the ability of creating custom patterns and designs. Digital textile printing allows for endless possibilities when it comes to creating unique interiors.
Digital textile printing is expected to grow rapidly, thanks to its many characteristics and advanced technology. As the demand for digital printing solutions increases in North America and Canada, manufacturers are expected to benefit from lucrative opportunities.
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The key takeaways from the Digital Textile Printing Market Study
- Direct to Fabric (DTF), the segment that focuses on digital textile printing, is expected grow at a rapid CAGR of 17.5% in the future.
- Digital textile printing is more expensive than traditional printing methods, so the cost per unit of printing small volumes will be higher. The high frequency of short run orders requires multiple jobs as well as regular plate-changing.
- 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, East Asia and Europe are expected to grow at a phenomenal rate in the global digital fabric printing market.
Recent Developments
- Mimaki Europe has added to its portfolio two high-performance textile printing machines. The Mimaki TS100-1600, and the Mimaki Tiger-1800B Printer MkIII.
- Epson has announced its release of two 64-inch dye sublimation printers – the SureColor SCF9430H and SCF9430H digital fabric printers – 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.
Survey on the Digital Textile Printing Industry Segments
Digital Textile Printing Market by Printing Process:
- Direct to Garment Textile Printing
- Dye Sublimation Digital Textiles Printing
- Digital textile printing on Direct to Fabric
Digital Textile Printing Market by Ink:
- Sublimation
- Reactive
- 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
- Households
- Displays
- Technical Textiles
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