Oceania’s digital textile printing market is expected to grow quickly between 2023-2033 at a CAGR 4.3%. The market is expected to reach a value of $150 million by the year 2033. By 2023 the market will likely surpass a value of approximately US$ 98,4 million.
Future Market Insights predicts that Oceania’s demand for digital textile print will grow as a result the growing ecommerce distribution sector. Thanks to ecommerce, small and medium-sized producers of textiles can easily connect with consumers.
E-commerce distribution has been most beneficial to people who live in rural or underserved regions. Digital textile printing technology is able to meet this need.
Download a sample PDF of the report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-17074
Textile industry customization and personalization has been boosted by e-commerce. The internet has made it easier for users to access more options.
The modern consumer prefers specialized, personalized products that can be produced using flexible digital textile print techniques.
E-commerce sites are also fueling the demand for sustainable fabrics as consumers become increasingly aware of their impact on the environment.
It is now a standard in the industry to use less water, and reduce energy and chemicals. Digital textile printing is therefore more environmentally friendly than conventional textile printing.
The stiff competition in the market has led to an increase in demand for printing options that are versatile and affordable. Small and medium-sized companies have been encouraged to adopt digital textile print technology at a rapid pace. The trend is expected continue and will drive the market over the forecast period.
Oceania Digital Textile Printers: Market Study Key Takeaways
- Oceania’s digital textile printer market is expected to reach a value of US$ 98.4 Million By the end of 2023.
- The market will reach a size of US$ 150 Million By the end 2023 to 2033.
- It is important to note that the word “you” means “you”. CAGR For the period 2023-2033, it is estimated that the market will be at 3%.
- Clothing & Apparels End Use segment is anticipated to offer an impressive absolute dollar opportunity of US$ 25.4 million Between 2023-2033.
- Australia will be the leading market for digital fabric printers in Oceania, accounting for a value of total market. US$ 71.6 millions In 2023.
Ask an analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-17074
“Oceania is experiencing a rapid expansion of digital textile printing due to the region’s growing need for affordable, on-demand textile printing. Automation, eco-friendly dyes and direct-to fabric printing have made it possible to produce textiles with excellent quality at an affordable price. As ecommerce distribution options expand, the need for digital textile print is also growing. This is expected to provide small and medium-sized textile manufacturers with access to a larger consumer base and satisfy the increased demand for customization and personalisation.” – says an FMI analyst.
Digital Textile Printing Market Landscape and Competitive Landscape
Oceania’s digital textile printing industry is marked by the adoption of numerous strategies. Consolidation is one of the major strategies, but there are also other moves such as acquisitions, mergers, and product innovation.
HP Inc., Brother International Corporation, Seiko Epson Corporation, Konica Minolta, Inc., Colorjet Group, The M&R Companies, Mimaki Engineering Co., Ltd., Aeoon Technologies GmbH, HGS Machines, Ricoh Company, Ltd, Electronics for Imaging, Inc., Kornit Digital, and others are prominent players in the digital textile printing market. Digital textile printing is a fragmented market and the Tier 1 companies in Oceania hold 20-25% market share.
You can, for example,
- In October 2021, Kornit Digital announced a new partnership with Amazon, which will allow Amazon sellers to access Kornit’s digital textile printing technology to create and sell customized printed apparel.
Request Customization https://www.futuremarketinsights.com/customization-available/rep-gb-17074
Oceania Digital Textile Printer Market by Category
By Printer Type
- Direct to Garment (DTG), Printer
- Direct to Fabric Printer
- The use of Polyester
- Other Substrates
By Printer Type:
- Industrial Printer
- Desktop Printer
By Sales Channel:
- Manufacturers (Direct sales)
- Distributors/ Suppliers
- Shoppers can find a variety of products at discounted prices.
By End Use
- Clothing & Apparels
- Golf shirts
- Others (Jackets, Tie, etc.)
- Bed Linens
- Carpets & Curtains
- Others (Napkins, Towel, etc.)
- Technical Textiles
- Others (Flags & Banners)
- New Zealand
- Papua New Guinea
What FMI is
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. The report reveals the opportunities for market growth by segment based on Source, Application and Sales Channel over the next 10 years.
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
For Sales Enquiries: [email protected]
Check out the latest Market Reports. https://www.futuremarketinsights.com/reports