The latest report by IMARC Group, titled “Digital Textile Printing Market Report by Printing Method, Substrate Type, Ink Type, Application, and Region 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global digital textile printing market share. The global digital textile printing market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.3% during 2023-2028.
Factors Affecting the Growth of the Digital Textile Printing Industry:
- Growing Demand for Customization and Personalization:
The digital textile printing market is witnessing a rise in demand driven by consumers' desire for customized and personalized textiles. Digital printing technology enables manufacturers to create unique, tailor-made designs on fabrics, addressing individual preferences and market trends. This trend extends across various sectors, including fashion, home decor, and interior design, fueling the adoption of digital textile printing solutions. As consumers seek one-of-a-kind products and experiences, the ability to offer highly personalized textiles positions digital printing as a major driver in the industry growth.
- Sustainable and Eco-Friendly Printing Practices:
Sustainability is another major driver in the digital textile printing market, as traditional textile printing methods often involve resource-intensive processes and the use of environmentally harmful chemicals. Along with this, digital textile printing offers more eco-friendly alternatives, with reduced water consumption, minimal chemical waste, and on-demand production that mitigates overproduction and excess inventory. As environmental awareness continues to rise among both consumers and businesses, the transition to sustainable printing practices becomes a compelling driver, propelling the growth of the digital textile printing market.
- Ongoing Advancements in Ink and Printing Technology:
Continuous advancements in ink formulations and printing technology have revolutionized the digital textile printing market. Water-based and sublimation inks provide vibrant, long-lasting color on textiles while minimizing environmental impact. Additionally, modern digital printers offer higher resolutions and faster production speeds, making them increasingly competitive with traditional methods. These technological strides continually attract businesses seeking efficient and high-quality textile printing solutions. As a result, ink and printing technology innovations are key drivers, favoring the market growth while meeting industry demands for superior quality and efficiency.
Request a Sample Report:- https://www.imarcgroup.com/digital-textile-printing-market/requestsample
Global Digital Textile Printing Market Trends:
The digital textile printing market is primarily driven by the rising demand for customization and personalization that spurs the adoption of digital textile printing technology, allowing manufacturers to meet consumers' desire for unique and tailor-made textile products across various sectors, from fashion to home decor. Apart from this, a heightening emphasis on sustainability and eco-friendly practices is fueling the market growth as digital printing minimizes resource consumption, reduces chemical waste, and offers on-demand production, aligning with heightened environmental awareness among consumers and businesses. Furthermore, ongoing advancements in ink formulations and printing technology have revolutionized the industry by providing vibrant, long-lasting colors on textiles and enhancing production efficiency, thus supporting market growth.
Digital Textile Printing Market Report Segmentation:
By Printing Method:
- Roll-to-Roll Printing
- Direct-to-Garment Printing
Roll-to-roll printing represented the leading segment due to its widespread use and efficiency in the digital textile printing process.
By Substrate Type:
- Cotton
- Silk
- Polyester
- Others
Cotton accounted for the largest market share owing to its versatility and popularity as a textile substrate, making it a preferred choice for digital textile printing.
By Ink Type:
- Reactive
- Acid
- Direct Disperse
- Sublimation
- Pigments
- Others
Sublimation held the majority of the market share due to its ability to produce vibrant and long-lasting prints on textiles.
By Application:
- Garment and Apparels
- Home Furnishing Textiles
- Technical Textiles
- Display and Signage
- Others
Garment and apparels represented the largest segment as they are the primary application for digital textile printing, with the technology allowing for intricate and high-quality designs on fabrics.
Regional Insights:
- 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
Europe’s dominance in the digital textile printing market is attributed to its established fashion and textile industries, and a strong emphasis on innovation and sustainability in textile production.
Competitors Landscape with Key Players:
- 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
- Seiko Epson Corporation
Note: If you need specific information that is not currently within the scope of the report, we will 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.
Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal