Digital Textile Printing Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Digital Textile Printing Market
The digital textile printing market size was valued at USD 147.4 million in 2020 and is projected to grow from USD 159.1 million in 2021 to USD 311.7 million in 2028, exhibiting a CAGR of 10.1% during the forecast period of 2024-2032.
The COVID-19 pandemic to start with disrupted the virtual textile printing marketplace, largely due to shutdowns in manufacturing, supply chain interruptions, and a lower in patron demand for non-important items like fashion garb. However, the call for started to recover as groups shifted to virtual channels, and the sector tailored by way of prioritizing e-commerce and custom printing answers. Moreover, the pandemic extended a shift closer to greater sustainable practices, with an multiplied focus on green printing and decreased waste. Digital textile printing's flexibility in low-quantity, on-call for manufacturing became a key gain as brands aimed for agility in a volatile marketplace.
A outstanding fashion within the virtual textile printing market is the rising adoption of green inks and sustainable substances. Consumers and manufacturers are becoming more environmentally aware, using demand for water-based totally, non-poisonous inks, and biodegradable substrates. As sustainability profits momentum, virtual printing generation provides a greener opportunity to conventional printing strategies through minimizing water and chemical usage. This fashion aligns with broader efforts to lessen the environmental effect of textile production, catering to a developing segment of eco-conscious consumers and brands aiming to fulfill regulatory and moral requirements of their merchandise.
One of the principal driving elements in the digital textile printing market is the growing demand for personalisation inside the fashion and home décor sectors. Consumers are searching for particular, personalized products, and virtual printing generation allows businesses to satisfy these possibilities speedy and cheaply. Unlike traditional printing strategies, virtual printing lets in for fantastic prints, rapid prototyping, and smaller manufacturing runs with out additional setup fees. This flexibility is mainly valuable to small and medium-sized agencies that want to distinguish themselves in a aggressive market, leading to sturdy boom in digitally published textiles for a range of programs.
Comprehensive Analysis of digital textile printing market
The digital textile printing market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by operation, by application. By Operation Include Single Pass, Multi Pass. By Application include Clothing and Apparel, Home Décor, Soft Signage, Others.
The Asia Pacific location lead the digital textile printing market share percentage via benefitting a marketplace size of USD 55 million The markets of India and China drive the development of the market. These two countries have established textile manufacturing hubs and have textile imports across diverse geographies.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
September 2020: Amazon Inc, a multinational conglomerate organization, has collaborated with virtual fabric printer producer Kornit. The collaboration is part of a joint project of the companies named Print on Demand offerings. Under the collaboration, Amazon will invest US$ four hundred million in the goods and offerings provided via Kornit virtual.
Segmentation Table
ATTRIBUTES DETAILS
Study Period
2017-2028
Base Year
2020
Estimated Year
2021
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD Million)
Segmentation
By Operation
Single Pass
Multi Pass
By Application
Clothing and Apparel
Home Decor
Soft Signage
Others
By Region
North America (By Operation, Application, and Country)
- U.S. (By Application)
- Canada (By Application)
- Mexico (By Application)
Europe (By Operation, Application, and Country)
- U.K. (By Application)
- Germany (By Application)
- France (By Application)
- Italy (By Application)
- Spain (By Application)
- Russia (By Application)
- BENELUX (By Application)
- Nordics (By Application)
- Rest of Europe
Asia Pacific (By Operation, Application, and Country)
- China (By Application)
- India (By Application)
- Japan (By Application)
- South Korea (By Application)
- ASEAN Countries (By Application)
- Australia (By Application)
- Rest of Asia Pacific
Middle East & Africa (By Operation, Application, and Country)
- GCC (By Application)
- South Africa (By Application)
- Rest of the Middle East & Africa
South America (Operation, Application, and Country)
- Brazil (By Application)
- Argentina (By Application)
- Colombia (By Application)
- Rest of South America
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