Digital Textile Printing Market by Printing Process (DTG/DTF, Roll to Roll), Ink Type (Acid, Pigment, Reactive), Application
World Digital Textile Printing Market
Dublin, Aug. 08, 2024 (GLOBE NEWSWIRE) — The “World Digital Textile Printing Market by Printing Course of (DTG/DTF, Roll to Roll), Ink Sort (Acid, Pigment, Reactive), Software – Forecast 2024-2030” report has been added to ResearchAndMarkets.com’s providing.
The Digital Textile Printing Market grew from USD 4.40 billion in 2023 to USD 4.60 billion in 2024. It’s anticipated to proceed rising at a CAGR of 4.56%, reaching USD 6.02 billion by 2030.
In contrast to conventional textile printing strategies, which depend on screens or rollers to switch patterns, digital printing makes use of digital recordsdata, equivalent to Laptop-Aided Design (CAD) recordsdata, to information the position and coloration of ink on the textile floor. This course of allows printing intricate designs with a excessive degree of element and coloration variation. It permits for brief runs, customization, and personalization of prints with environment friendly turnaround instances.
As this know-how bypasses the necessity for display preparation required in display printing, it minimizes setup instances and waste, contributing to its popularity as a extra sustainable & cost-effective various to standard cloth printing strategies. Developments in print know-how and sustainable and eco-friendly printing strategies have elevated the demand for digital textile printing.
Furthermore, elevated customization and personalization supported by the lowering value of digital print manufacturing have additional bolstered the market’s development. Nevertheless, excessive preliminary setup prices for digital printing equipment and requiring expert personnel to function advanced methods could problem market development. Environmental laws concerning the disposal of dyes and inks additionally affect market operations.
However, incorporating sustainable practices and supplies and creating novel inks that improve materials’ performance are key areas for potential development. There’s additionally an growing pattern in direction of on-demand manufacturing fashions to attenuate waste and align with quick trend cycles.
Regional Insights
The Americas area exhibits a promising development pattern within the digital textile printing market on account of rising demand for sustainable printing, shorter printing cycles, and the flexibility to cater to personalized trend traits. The market is characterised by innovation in printing applied sciences, with firms investing closely in analysis and improvement to remain aggressive. The U.S. hosts a vibrant textile business catering to home calls for and exports. Latin America can be making strides in adopting digital textile printing strategies, pushed by international locations equivalent to Brazil and Mexico.
EMEA is without doubt one of the most various areas in digital textile printing, with Europe main in adoption and technological developments, adopted by a rising market within the Center East and Africa. In Europe, Italy and Germany are on the forefront of the digital textile printing market, each as producers of digital textile printing equipment and as customers, notably of their trend and design sectors. European firms prioritize sustainability and are sometimes pioneering in adopting natural and eco-friendly inks and supplies.
The Asia Pacific area represents essentially the most important and fastest-growing digital textile printing market globally. Rising financial requirements, urbanization, and elevated client spending on attire and residential furnishings drive the area’s development. Total, traits within the Asia Pacific digital textile printing market point out a shift in direction of eco-friendly practices, customization, and innovation in printing strategies to attain a aggressive edge within the international textile area.
Latest Developments
HPRT Launches Modern Digital Textile Printers at ITMA Asia 2023: Hybrid, Dye Sublimation, Direct-to-Material
HPRT launched a trio of transformative printers on the ITMA Asia Exhibition in Shanghai. HPRT goals to form the longer term, providing sturdy options to attire, dwelling textiles, and industrial cloth sectors, reflecting their dedication to companion collaboration and steady innovation in digital textile printing.
Itaca and Farbenpunkt Signed Strategic Settlement to Simplify Textile Manufacturing Processes
Itaca joined forces with Farbenpunkt in a strategic collaboration to revolutionize the digital textile printing business with their know-how. This alliance brings forth a sustainable printing answer that streamlines the manufacturing course of by eliminating the necessity for cloth pre- and post-treatment, leading to an impressive discount of useful resource consumption, water utilization by 70%, vitality by 81%, and CO2 emissions by a big 80% when in comparison with conventional acid/reactive digital printing strategies.
Joann Acquires US Digital Printing Textile Platform WeaveUp
Joann, the material and stitching retailer in the US, acquired WeaveUp, a transformative software program platform specializing within the developments of digital print applied sciences. This acquisition comes after a synergistic partnership between Joann and WeaveUp to leverage WeaveUp’s sturdy Software program-as-a-Service options, together with instruments for design administration, customization, licensing, and automatic manufacturing processes. The WeaveUp platform facilitates environment friendly prototyping and short-run manufacturing, heralding a brand new period for textile manufacturing.
Key Attributes:
Report Attribute |
Particulars |
No. of Pages |
188 |
Forecast Interval |
2024 – 2030 |
Estimated Market Worth (USD) in 2024 |
$4.6 Billion |
Forecasted Market Worth (USD) by 2030 |
$6.02 Billion |
Compound Annual Progress Fee |
4.5% |
Areas Coated |
World |
Market Dynamics
Market Segmentation Evaluation
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Printing Course of: Rising utilization of DTG/DTF printing procedures for digital textile printing
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Ink Sort: Fast adoption of pigments in digital textile printing
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Software: Penetration of digital textile printers for textile and decor printing
Market Drivers
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Rising Digitalization in Textile Business
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Steady Evolvement of Vogue Tendencies
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Rising Want of Printed Textiles in House and Resort Furnishing & Decor
Market Restraints
Market Alternatives
Market Challenges
Business Insights
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Market Disruption Evaluation
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Porter’s 5 Forces Evaluation
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Worth Chain & Vital Path Evaluation
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Pricing Evaluation
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Know-how Evaluation
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Patent Evaluation
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Commerce Evaluation
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Regulatory Framework Evaluation
Key Firm Profiles
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Aeoon Applied sciences GmbH
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Agfa-Gevaert N.V.
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AM Printex Options
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Atexco Honghua Digital
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ATPColor Srl
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Brother Industries, Ltd.
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Colorjet Group
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D.Gen, Inc.
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Dover Company
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Durst Group AG
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Electronics for Imaging, Inc.
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Hollanders Printing Programs B.V.
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JV Digital Printing
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KERAjet S.A.
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Konica Minolta, Inc.
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Kornit Digital Ltd.
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Mimaki Engineering Co., Ltd.
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Mutoh Holdings Co. Ltd.
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Orange O Tec Pvt. Ltd.
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Ricoh Firm, Ltd.
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Roland DG Company
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Seiko Epson Company
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SPGPrints B.V.
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Tex India Enterprises Pvt Ltd.
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The M&R Corporations
Market Segmentation & Protection
Printing Course of
Ink Sort
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Acid
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Pigment
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Reactive
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Sublimation
Software
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Industrial
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Comfortable Signage
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Textile and Decor
Area
Americas
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Argentina
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Brazil
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Canada
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Mexico
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United States
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California
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Florida
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Illinois
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New York
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Ohio
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Pennsylvania
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Texas
Asia-Pacific
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Australia
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China
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India
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Indonesia
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Japan
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Malaysia
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Philippines
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Singapore
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South Korea
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Taiwan
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Thailand
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Vietnam
Europe, Center East & Africa
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Denmark
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Egypt
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Finland
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France
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Germany
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Israel
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Italy
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Netherlands
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Nigeria
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Norway
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Poland
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Qatar
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Russia
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Saudi Arabia
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South Africa
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Spain
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Sweden
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Switzerland
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Turkey
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United Arab Emirates
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United Kingdom
For extra details about this report go to https://www.researchandmarkets.com/r/5qqk0b
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