The market size for 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% annually, to US$ 8,545.1 billion by 2033.
Digital printing has revolutionized the textile industry. Digital textile printing revolutionized how fabrics are produced, customized, and designed. This cutting edge technology has many advantages, including quicker turnaround times, reduced wastage, and the ability create intricate and vivid designs. This article will examine the Digital Textile printing market and its key aspects including market trends and growth factors. We will also discuss challenges and future prospects.
Digital Textile Printing Market has seen a 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 most companies, especially small and medium-sized ones. Demand for environmentally-friendly printing and sustainable sourcing methods is increasing, which creates opportunities for players on the market to develop and provide more environmentally-conscious solutions.
Digital textile printing is poised to continue growing and innovating over the next years. It offers exciting opportunities for companies that are looking to benefit from this rapidly changing industry.
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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 remarkable market growth has been largely attributed to the growing penetration of the print sector in developing countries such as China and Mexico, along with technological advancements.
Digital Textile Printing Industry Market Trends
Digital Textile Printing Market: The industry is shaped by a number of key trends. These trends drive innovation and expand the applications of digital printing.
- Rapid Technological AdvancementsDigital textile printing has improved in precision, speed and quality due to continuous advancements in digital print technology.
- The Growing Demand for CustomizationThe demand for personalized textiles is increasing. Manufacturers can offer customized textile products, based on individual preferences and market needs.
- Sustainable and Environmentally Friendly SolutionsDigital textile printing is more resource-efficient and creates less waste when compared with traditional methods. This aligns to the increasing demand for sustainable textile practices.
Digital textile printing is expected to grow rapidly, thanks to its many characteristics and advanced technology. Manufacturers can expect to find lucrative opportunities in the U.S., Canada and other countries as demand for digital textile print solutions surges.
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Digital Textile Printing Market Study: Key Takeaways
- Direct to fabric (DTF), a segment of the global digital textile print market, is expected to grow at a CAGR of 17.5% over the forecast period.
- The cost of digital textile printing per unit is higher than that of traditional printing techniques. A high number of orders with shorter runs require multiple jobs, and plate changes are required regularly.
- Digital printers have developed more precise methods of determining equipment types and print run lengths. 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.
- Mimaki Europe is a leading provider of inkjet printing and cutting systems. It has now added two new high performance textile printers to their product range. 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 SCF9430 & 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.
Factors driving growth in the digital textile print market
Digital Textile Printing Market growth is driven by several factors, which makes it a lucrative sector in the textile industry.
- Fashion and Apparel Industry ExpandsFashion and apparel is a major consumer of digital textile print services. This market segment has grown due to the increasing demand for high-quality, customized fabrics.
- Advantages over Traditional Printing TechniquesDigital textile printing is a more cost-effective option for small runs and offers many advantages over the traditional methods.
- Increasing adoption of e-commerceThe rise of ecommerce platforms has led to new possibilities for digital textile print. Online marketplaces offer print-on demand services and direct sales to consumers, which are driving the digital textile printing market.
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Survey on the Digital Textile Printing Industry Segments
Digital Textile Printing Market by Printing Process:
- Digital Textile Printing Direct to Garment
- Dye Sublimation Digital Textiles Printing
- Direct to fabric (DTF), Digital Textile Printing
Digital Textile Printing Market by Ink:
- Direct Dispersal
Digital Textile Printing Market by Substrate:
- Digital Cotton Printing
- Digital Silk Printing
- Digital Rayon Printing
- Digital Linen Printing
- Digital Polyester Printing
- You can also find out more about Other
Digital Textile Printing market by end use:
- Technical Textiles
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