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The global digital textile printing market reached a value of US$ 2.24 Billion in 2021. IMARC Group expects the market to reach US$ 3.74 Billion by 2027.
SHERIDAN, WYOMING, UNITED STATES, April 14, 2022 /EINPresswire.com / -- Digital textile printing represents an inkjet-based technology that enables manufacturers to print colorants and designs on various fabrics, such as cotton, polyester, silk, etc. It usually involves design creation, pretreatment, printing, drying, and post-treatment procedures to ensure the permanency of patterns. Digital textile printing requires minimal operational space and is a cost-effective, durable, flexible, and eco-friendly solution. Consequently, it is extensively utilized in numerous industrial segments for producing high-resolution fine patterns. Presently, digital textile printing is commercially available in varying types, such as multi-pass direct-to-textile and single-pass textile printers.
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
The global digital textile printing market reached a value of US$ 2.24 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.74 Billion by 2027, exhibiting a CAGR of 8.65% during 2022-2027.
Digital Textile Printing Market Trends and Drivers:
The escalating demand for printing textiles and fabric materials across several industry verticals is inflating the adoption of this technology on account of its minimal operational costs and easy installation, which is primarily driving the digital textile printing market. Additionally, the introduction of advanced printing solutions that rely on ultraviolet (UV) and eco solvents for publishing operations is further catalyzing the market growth.
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Besides this, the increasing utilization of digital textile printing in clothing, automotive, e-commerce, soft-signage, media, and advertisements applications for producing promotional wears, banners, flags, labels, aesthetically appealing product packaging, etc., is acting as another significant growth-inducing factor.
Moreover, the rising investments in R&D activities aimed at developing three-dimensional (3D) variants are anticipated to fuel the digital textile printing market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Digital Textile Printing Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Aeoon Technologies gmbh, AM Printex Solutions, ColorJet Group, Dover Corporation, Electronics For Imaging Inc., Fisher Textiles Inc., Hollanders Printing Solutions B.V., HP Inc., Huntsman Corporation, Mimaki Engineering Co. Ltd., Ricoh Company Ltd., Roland Corporation and Seiko Epson Corporation.
The report has segmented the market on the basis of region, printing method, substrate type, ink type and application.
Breakup by Printing Method:
•Roll-to-Roll Printing
•Direct-to-Garment Printing
Breakup by Substrate Type:
•Cotton
•Silk
•Polyester
•Others
Breakup by Ink Type:
•Reactive
•Acid
•Direct Disperse
•Sublimation
•Pigments
•Others
Breakup by Application:
•Garment and Apparels
•Home Furnishing Textiles
•Technical Textiles
•Display and Signage
•Others
Breakup by Region:
•North America: (United States, Canada)
•Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
•Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
•Latin America: (Brazil, Mexico, Others)
•Middle East and Africa
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Key highlights of the report:
•Market Performance (2016-2021)
•Market Outlook (2022- 2027)
•Porter's Five Forces Analysis
•Market Drivers and Success Factors
•SWOT Analysis
•Value Chain
•Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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