Digital Textile Printing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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.
Digital textile printing refers to an inkjet-based technology that enables manufacturers to print colorants and designs on several fabrics, such as cotton, polyester, and silk. It involves pretreatment, design creation, printing, drying, and post-treatment procedures to ensure the permanency of patterns. Digital textile printing is a cost-effective, flexible, durable, and eco-friendly solution that requires minimal operational space. Due to these properties, it is extensively employed in various industrial segments for producing high-resolution fine patterns. At present, digital textile printing is commercially available in varying types, such as multi-pass direct-to-textile and single-pass textile printers.
Digital Textile Printing Market Trends:
The increasing demand for printing textiles and fabric materials across several industry verticals has prompted manufacturers to switch to digital printing technology on account of their minimal operational costs and easy installation. This, in turn, represents as a prime factor driving digital textile printing market growth. In line with this, rapid technological advancements and the establishment of advanced printing solutions that rely on ultraviolet (UV) and eco solvents for publishing operations are acting as other growth-inducing factors. Moreover, the extensive utilization of digital textile printing in the clothing, automobiles, e-commerce, soft-signage, media and advertisements applications for producing promotional wears, banners, flags, labels, and aesthetically appealing product packaging is propelling the market growth. Along with this, it is further deployed for printing various electronic devices, such as circuit boards, solar cells, and periodic lateralized epileptiform discharge (PLED), which is supporting the market growth. Other factors, such as strategic collaborations amongst the top players and the extensive research and development (R&D) activities for introducing three-dimensional (3D) digital textile printing solutions, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global digital textile printing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on printing method, substrate type, ink type and application.
Breakup by Printing Method:
Roll-to-Roll Printing
Direct-to-Garment Printing
Breakup by Substrate Type:
Cotton
Silk
Polyester
Others
Breakup by Ink Type:
Reactive
Acid
Direct Disperse
Sublimation
Pigments
Others
Breakup by Application:
Garment and Apparels
Home Furnishing Textiles
Technical Textiles
Display and Signage
Others
Breakup by Region:
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Seiko Epson Corporation.
Key Questions Answered in This Report:
How has the global digital textile printing market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global digital textile printing market?
What are the key regional markets?
What is the breakup of the market based on the printing method?
What is the breakup of the market based on the substrate type?
What is the breakup of the market based on the ink type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global digital textile printing market and who are the key players?
What is the degree of competition in the industry?