The for digital textile printing market for ink is expected to grow significantly during the forecast period. Sublimation inks are widely used in the textile as well as the clothing and soft signage segments owing to benefits such as non-solubility, resistance to damage, and colorfastness. Sublimation inks are used on polyester, acetate rayon, poly-lycra, and acrylics and require post-treatment heat.
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The digital textile printing market is expected to be worth USD 2.31 billion by 2023 from USD 1.76 billion in 2018, at a CAGR of 5.59% between 2018 and 2023. The growing demand for sustainable printing; increasing demand for digital textile printing in the garment and advertising industries; shortening lifespan and faster adaptability of fashion designs; development of new technologies in the textile industry; reduced per unit cost of printing with digital printers, and growth of the e-commerce industry are the major factors driving the market.
- Suppliers of digital printers
- Manufacturers of different components such as inks, printer peripherals, and so on
- End users of printers such as printing service providers and presses
- Investors (Private Equity, Venture Capital, and Others)
- Component suppliers
- Original equipment manufacturers (OEMs)
- Component and device suppliers and distributors
- Government bodies such as regulatory authorities and policymakers
- Research institutes and organizations
- Market research and consulting firms
The global digital textile printing market for roll to roll printing process held the largest share in 2017.In 2017, more than 70% of the total digital textile printing market was dominated by the roll to roll printing process.
Roll to roll digital printers are majorly used in textile and decor, soft signage, and industrial applications.
The major applications in textile and decor are home textile, upholstery, linens, drapery, ties, sportswear, footwear, clothes, interior decor,. Applications in the soft signage and industrial segments include carpets, posters, banners, flags, vehicle wrapping, wallpaper, building material, POS display,.
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The digital textile printing market for direct to garment application is expected to grow significantly during the forecast period. Fast moving fashion cycles, cost advantage on short run cycles, creative designs, quick time to market for new trends, reduced wastage, and low power consumption are some of the major factors which will drive the market for direct to garment applications.
1 Attractive Opportunities in Digital Textile Printing Market
2 Digital Textile Printing Market, By Printing Process
3 Digital Textile Printing Market, By Ink Type
4 Digital Textile Printing Market, By Application
5 Digital Textile Printing Market in Europe, By Application and By Country
6 Digital Textile Printing Market, By Geography
Europe is expected to hold the largest share of digital textile printing market during the forecast period owing to the growing demand from the fashion industry. Digital textile printers are deployed at a rapid rate in Europe to meet the need of faster turn around times, shorter runs, and more variable data printing with high quality.
The report would help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the OTA testing segments and sub segments. This report would help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies.
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