Digital Textile Printing Market is Expected to Reach USD 5.32 billion, Registering a CAGR of 11.49%

 

Digital Textile Printing Market
Global Digital Textile Printing Market

Global Digital Textile Printing Market Report curated by Data Bridge Market Research includes expert analysis, pricing analysis as well as analysis of import/export, price analysis, production consumption analysis and patent analysis.

The textile market is growing rapidly. The significant trends such as increasing purchasing capability, growing population and rapidly changing fashion trends are the key drivers for growth in the textile printing market. By 2024, global production of printed textiles will reach 37.3 million square meters. The textile printing industry will be dominated by digital textile printing in 2024, according to estimates. The time it takes to get textile printing companies on the market is under tremendous pressure. It also impacts efficiency, flexibility and speed of print. The market needs to consider other ways to print on the fabric in order to achieve such goals.

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These are the main players in digital textile printing:

  • Aeoon Technologies GmbH, Austria
  • d.gen (South Korea)
  • Konica Minolta Business Solutions India Private Limited (Japan)
  • Mimaki Engineering Co. Ltd. (Japan)
  • Mutoh Holdings Co. Ltd.
  • Ricoh (Japan).
  • DuPont (USA).
  • Electronics For Imaging, Inc.
  • Huntsman International LLC (USA)

Digital Textile Printing Market Dynamics

Drivers

  • High resolution, fine patterns, and flexibility

In digital textile printing use the combination of unlimited colour, these digital printer are not limited to a maximum amount of rotary screens. Comparing to rotatory screens, digital textile printing takes up less space. Furthermore, it uses less ink and power Digital textile printing doesn’t require water for sublimation. These factors are key to the growth of the market.

  • Rise in popularity due to fast fashion items

The growing demand for “fast fashion” products due to changing the behaviour of consumers, faster adaptability, rapid urbanization, and increasing disposable income and reduced time span of fashion designs are anticipated to drive the demand for digital textile printing solutions in the apparel and garment sector.

  • Increasing demand for packaging

Digital textile printing technology is used in the packaging sector for grading, identification, labelling, branding, and a variety of packaging solutions. Digital textile printing is changing the face of textile printing as these technologies improve and grow.

Opportunities

Digital printing is done with mild solvents and safer chemicals than conventional printing technologies such as offset printing or solid ink printing. With the growing emphasis on eco-friendly productions and digital printing, the market for digital textile printing solutions is expanding. Furthermore, an increase in the new emerging market and new strategic collaborations will also act as market drivers, which will further increase the useful opportunities for the market’s growth rate.

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Restraints/ Challenges

Digital textile printing machines are more expensive than conventional machines. This is due to the total cost of ownership, including operators, service expenses, ink, fabric post treatment, and water. Digital textile printing is more expensive than conventional. The one meter of fabric of digital textile printing is roughly 1.5X more expensive as compared to traditional printing. Digital printing machines require skilled and professional workers. So, these are the major market restrains that will obstruct the market’s growth rate.

This report on the digital textile printing market provides information about recent developments, trade regulations and production analysis. It also analyzes market share and impact of local market players. Data Bridge Market Research will provide an Analyst Brief to help you make informed market decisions in order to grow the digital textile printing industry.

COVID-19 and the Digital Textile Printing Market

Many countries have implemented lockdowns to force people to stay inside due to the COVID-19 pandemic. This affected the signage and fashion industry and drastically declined the product’s demand. This epidemic affected many display graphics companies greatly. As the situation improved, however, demand for newer fabrics increased. Digital printing was able to speed up the process, which allowed digitally printed fabrics to perform better during the pandemic.

Global Digital Textile Printing Market

Process

  • Direct-to-Garment
  • Direct-to-Fabric

 The Printing Process

  • Roll to roll process
  • DTG Process

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Type of ink

  • Sublimation
  • Pigment
  • Reactive
  • Acid
  • Other

Application

  • Industrial
  • Textile
  • Advertisement
  • Apparel and Clothing
  • Soft Signage

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