Wednesday, 23 October 2024

Digital Textile Printing Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Digital Textile Printing Market Growth & Trends

The global digital textile printing market size is anticipated to reach USD 11.60 billion by 2030. It is anticipated to expand at a CAGR of 12.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Digital textile printing is experiencing robust growth, driven by several compelling factors. Advances in printing technology, the rising demand for sustainable and customizable textile solutions, and the increasing popularity of fast fashion, and rapid developments in the e-commerce sector are key drivers propelling the market.

For instance, advancements in inkjet technology, color management, and automation have enhanced the quality, speed, and efficiency of textile printing processes, allowing for more intricate and vibrant designs on a wide range of fabrics. Thus, numerous opportunities for digital textile printing solution providers exist as businesses across various sectors, including fashion, home décor, and advertising, leverage the versatility and efficiency of digital textile printing to enhance their offerings and reduce environmental impact. Moreover, the capability to produce high-quality, intricate designs quickly and cost-effectively is making digital textile printing an attractive choice for both small and large-scale operations.

A key driver of this market is the shift towards sustainability and customization in the textile industry. Consumers are increasingly prioritizing eco-friendly products, prompting manufacturers to adopt digital textile printing due to its lower environmental footprint compared to traditional printing methods. For instance, it enables the use of eco-friendly water-based inks, reduces water and energy consumption, minimizes chemical waste generation, and allows for shorter production runs compared to traditional printing methods, aligning with the growing emphasis on sustainability in the textile industry. In addition, digital printing technology excels in producing unique, personalized designs. This empowers fashion brands to cater to niche markets and offer limited-edition prints while interior designers gain the ability to create bespoke wall coverings and soft furnishings.

Europe is at the forefront of the digital textile printing revolution, significantly contributing to market growth through various applications. The fashion industry in countries such as Italy and France is leveraging digital printing to create unique, high-fashion garments quickly and efficiently, catering to the dynamic demands of fast fashion. For instance, high-street fashion brands such as Zara and H&M of France are employing digital printing for short-run production of trendy designs, allowing them to quickly adapt to fast-changing fashion trends to stay competitive in the retail industry. Meanwhile, the home décor segment in Germany and the UK is thriving as digital textile printing enables the production of customized curtains, upholstery, and other home furnishings with intricate designs and vibrant colors. This trend towards home personalization is driving the growth of digital textile printing, specifically in the home décor segment.

Request a free sample copy or view report summary: Digital Textile Printing Market Report

Digital Textile Printing Market Report Highlights

  • Digital textile printing is becoming increasingly popular due to its capability for precise and rapid printing, which shortens production time. This growth is further fueled by the expansion of e-commerce and the increasing consumer demand for unique and personalized products
  • The sublimation ink segment is anticipated to hold the largest share in 2023 and the fastest CAGR during the forecast period, owing to its versatility, vibrant colors, and durability
  • The clothing and apparel segment is expected to hold the largest share in 2023 and remain dominant owing to digital printing's ability to create personalized and trendy designs that perfectly suit the fast-paced fashion industry. In addition, digital textile printing allows for quick turnaround times and smaller production runs, which is ideal for testing new designs or catering to seasonal trends, especially in the apparel industry
  • The cotton material segment is expected to hold the largest share of 52.5% in 2023. The segment is most widely adopted for digital textile printing due to its natural feel, breathability, and widespread consumer preference. Cotton's compatibility with various types of inks, including reactive and pigment inks, also makes it a versatile choice for high-quality, durable prints
  • The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period owing to the substantial growth of the textile industry in countries such as China and India, and the increasing investments in advanced printing technologies

Access Press Release@ https://www.grandviewresearch.com/press-release/global-digital-textile-printing-market

Digital Textile Printing Market Segmentation

Grand View Research has segmented the global digital textile printing market report based on process, operation, textile material, ink type, application, and region as follows:

Digital Textile Printing Process Outlook (Revenue, USD Million, 2017 - 2030)

  • Direct to Fabric
  • Direct to Garment

Digital Textile Printing Operation Outlook (Revenue, USD Million, 2017 - 2030)

  • Single Pass
  • Multi Pass

Digital Textile Printing Textile Material Outlook (Revenue, USD Million, 2017 - 2030)

  • Cotton
  • Silk
  • Polyester
  • Others

Digital Textile Printing Ink Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Sublimation
  • Pigment
  • Reactive
  • Acid
  • Others

Digital Textile Printing Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Clothing/Apparel
  • Home Décor
  • Soft Signage
  • Industrial

Digital Textile Printing Regional Outlook (Revenue, USD Million, 2017 - 2030) 

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
  • South America
    • Brazil
  • The Middle East & Africa
    • UAE
    • KSA
    • South Africa

List of Key Players of Digital Textile Printing Market

  • Seiko Epson Corporation
  • Mimaki Engineering
  • Kornit Digital
  • Electronics for Imaging
  • Roland DG Corporation
  • Durst Phototechnik
  • Konica Minolta
  • Ricoh
  • Colorjet
  • Sawgrass Technologies Inc
  • Spgprints B. V.
  • Atexco
  • Aeoon Technologies
  • Brother Industries
  • Agfa Graphics
  • Hollanders Printing Solutions

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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