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 textile printing is the process of using digital technology to print designs on fabrics. Digital textile printing is a more efficient and streamlined alternative to traditional printing methods, which are time-consuming and complex. The digital designs are then printed directly on fabric by specialized printers. The need for intermediate processes such as making screens or plates is eliminated, which reduces production costs and time.
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.
But the high price of digital printing equipment still remains a major barrier for many businesses, particularly small- and medium sized enterprises. Demand for eco-friendly methods of printing and sustainable sourcing is increasing, which creates opportunities for players on the market to develop and provide more environmentally conscious products.
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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 incredible market growth is largely driven by the increasing penetration of printing in developing markets like China, Mexico and India and technological advances that have occurred over time.
Market Trends and Future Growth Prospects
In recent years, the digital textile printing industry has seen rapid growth due to technological advances and an increase in demand for custom fabrics. Here are a few key market trends, and their growth prospects.
1. Digital Textile Printing – Growing in Adoption by Fashion Industry
Fashion designers have embraced digital textile print because it allows them to create unique, personalized designs. Fashion designers use this technology to create unique garments, footwear, and accessories. Digital textile printing is a great option for the fashion industry because of its quick turnaround and ease of customization.
2. Eco-Friendly printing solutions are in high demand
Textiles are no exception to the trend of sustainability becoming a focus for companies across all industries. Digital textile printing, with its lower water consumption, greater energy efficiency, and reduced waste, is a better eco-friendly option than traditional printing. Market for eco friendly printing solutions should grow due to the increasing awareness of consumers and their desire for sustainable products.
3. Technology Advancements Enhancing Print Speed and Quality
The digital textile printers have improved in print quality, speed and efficiency due to the continuous advances made in digital printing. The manufacturers are investing in R&D to develop high-resolution textile printers that can print intricate designs onto a variety of fabrics. These technological advancements are driving the market’s growth and expanding its applications beyond fashion to sectors such as home textiles and automotive textiles.
4. Direct-to-Garment Printing is Growing in Popularity
In recent years, Direct-to Garment (DTG), a type of digital textile print, has become increasingly popular. DTG printers enable the direct printing onto garments of designs, removing the need for additional labeling or transfers. This technology has revolutionized custom apparel, allowing on-demand personalization and printing.
5. Home Decor and Interior Design Sector Increasingly Demanding
Home decor and interior designing is another important market sector driving digital textile printing. Designers and homeowners now have the option to customize their curtains, upholstery, and furnishings with custom patterns. Digital textile printing provides endless opportunities for creating unique, aesthetically pleasing interior spaces.
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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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.
- Digital textile printing is more expensive than traditional printing methods, so the cost per unit of printing small volumes will be higher. 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. 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 has added to its portfolio two high-performance textile printing machines. 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 SCF9430H and SCF9430H digital fabric printers – in January 2020. The new printers will provide high-quality printing in large quantities for items such as sports gear, clothing, home decor, outdoor signs, and more.
Survey of the Digital Textile Printing Industry: Key Segments
Digital Textile Printing Market by Printing Process:
- Digital Textile Printing Direct to Garment
- Dye Sublimation Digital Textiles Printing
- Direct to Fabric 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
Digital Textile Printing by End Use Market:
- Technical Textiles
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