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. The growth rate is expected to be 12.2% per year, reaching US$ 8,545.1 millions by 2033.
The market for digital textile printing is growing due to the advancement of technology and the demand for customisation in the textile sector. This innovative printing technique allows the application of designs directly onto fabrics with specialized inkjets. Designers and manufacturers can now bring their visions to life using digital textile printing with unmatched precision and efficiency.
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According to Future Market Insights’ (FMI) recent analysis, it is estimated that the global market for digital printing will grow at a CAGR between 2022-2029 of 16.3%. The incredible growth of the market is due to technological advancements and an increased printing sector penetration among emerging economies, such as China, Mexico, India.
Digital Textile Printing is Growing in Demand
Globally, the digital textile printing industry is growing rapidly. Let’s explore the key drivers behind this surge in demand:
1. Fashion Industry’s Quest for Uniqueness
Standing out in the fashion industry is important. Designers and brands constantly seek innovative ways to stand out in a crowded market. Digital textile printing gives designers the ability to create unique designs that appeal to consumers who are looking for something different.
2. Consumer Preferences are Changing
Today’s consumers crave individuality and personalization. They want products to reflect their style and personality. Digital textile printing meets this demand, allowing for the customization of apparel, home textiles and accessories.
3. Sustainable Manufacturing Practices
Sustainability is a major concern for brands as well as consumers. Digital textile printing is in line with sustainable manufacturing methods, since it reduces water usage, waste and eliminates the use of chemical-intensive processes.
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), a segment of the global digital textile print market, is expected to grow at a CAGR of 17.5% over the forecast period.
- 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 have developed more precise methods of determining equipment types and print run lengths. Print service suppliers have been seen to focus on computerizing printing processes.
- 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 high-performance fabric printers to its range. The Mimaki TS100-1600 Printer and the Mimaki Tiger-1800B.
- Epson announced its release of two 64-inch dye sublimation printers – the SureColor SCF9430 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.
Challenges and opportunities
The digital textile printing industry has a lot of potential but also some challenges. To make informed choices and maximize the opportunities, it is essential that industry players understand these challenges.
1. Initial Investment Costs
For manufacturers, investing in digital textile print equipment can be an expensive undertaking. The long-term advantages, such as increased productivity and lower costs, can often be greater than the initial investment.
2. Technical Expertise
To achieve the best results, digital textile printing requires special knowledge and expertise. For manufacturers who want to adopt this technology, training the workforce and upgrading existing staff is essential.
3. Market Competition
Digital textile printing is a growing industry, and so too is the competition. To stay ahead of the competition in this dynamic industry, you need to be innovative, have efficient production processes and focus on quality.
4. Integration with Supply Chain
Integrating digital textile print seamlessly into existing supply chains can be challenging. Coordination of design, production, delivery and other processes is essential to ensure a seamless transition and maximize digital printing’s benefits.
Survey on the Digital Textile Printing Industry Segments
Digital Textile Printing Market by Printing Process:
- Direct to Garment Textile Printing
- Dye Sublimation Textile Printing
- Digital Textile Printing Direct to Fabric
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
Digital Textile Printing market by end use:
- Technical Textiles
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