Digital Textile Printing Market is Expected to Register at
Digital Textile Printing Market
Global Digital Textile Printing Market Report curated by Data Bridge Market Research includes expert analysis, pricing analysis as well as analysis of import/export, price analysis, production consumption analysis, and patent analysis.
The textile market is growing rapidly. The significant trends such as increasing purchasing capability, growing population and rapidly changing fashion trends are the key drivers for growth in the textile printing market. Global production of printed textiles is projected to reach 37.3 billion square metres by 2024. The textile printing industry will be dominated by digital textile printing in 2024, according to estimates. The time it takes to get textile printing companies on the market is under tremendous pressure. It also impacts efficiency, flexibility and speed of print. To achieve these goals, the market must look at other ways to print on fabric.
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These are the main players in digital textile printing:
Aeoon Technologies GmbH, Austria
d.gen (South Korea)
Konica Minolta Business Solutions India Private Limited (Japan)
Mimaki Engineering Co. Ltd. (Japan)
Mutoh Holdings Co. Ltd.
Ricoh (Japan).
DuPont (USA)
Electronics For Imaging, Inc.
Huntsman International LLC, USA
Digital Textile Printing Market Dynamics
Drivers
High resolution, fine designs and flexibility
In digital textile printing use the combination of unlimited colour, these digital printer are not limited to a maximum amount of rotary screens. Comparable to rotatory screen, Digital textile printing requires less space. It also uses less ink, power and doesn’t need water to sublimate. These factors are key to the market’s growth.
Fast fashion products cause a rise in sales
Digital textile printing solutions are expected to be in demand due to the increasing demand for “fast fashion” products.
Increasing demand for packaging
Digital textile printing technology is used in the packaging sector for grading, identification, labelling, branding, and a variety of packaging solutions. Digital textile printing is changing the face of textile printing as these technologies improve and grow.
Opportunities
Digital printing is done with mild solvents and safer chemicals than conventional printing technologies such as offset printing or solid ink printing. With the increasing focus on eco-friendly productions and digital printing, the market for digital textile printing solutions is expanding. The market will grow faster if there are more opportunities in emerging markets and new strategic alliances.
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Restraints/ Challenges
Digital textile printing machines are more expensive than conventional machines. This is due to the total cost of ownership, including operators, service expenses, ink, fabric post treatment, and water. Digital textile printing is more expensive than conventional. The one meter of fabric of digital textile printing is roughly 1.5X more expensive as compared to traditional printing. To operate a digital printing machine, you will need to be a professional and skilled worker. These are the main market barriers that will limit the market’s growth.
COVID-19’s Impact on the Digital Textile Printing Market
Many countries have implemented lockdowns to force people to stay inside due to the COVID-19 pandemic. This had an adverse effect on the signage and fashion industries and greatly reduced the product’s sales. This epidemic had a huge impact on many display graphics companies. However, as the situation stabilized, the demand has increased for newer fabrics. Digital printing was able to speed up the process, which allowed digitally printed fabrics to perform better during the pandemic.
Global Digital Textile Printing Market
Process
Direct-to-Garment
Direct-to-Fabric
The Printing Process
Roll to Roll
DTG Process
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Type of ink
Sublimation
Pigment
Reactive
Acid
Other
Application
Industrial
Textile
Advertisement
Apparel and Clothing
Soft Signage
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