Digital Textile Printing Market
Global Digital Textile Printing Market report by Data Bridge Market Research team features in-depth expert analysis. It also includes pricing analysis, import/export analysis. Production consumption analysis. Patent analysis.
The textile market is rapidly developing. The significant trends such as increasing purchasing capability, growing population and rapidly changing fashion trends are the key drivers for growth in the textile printing market. Global production of printed textiles is projected to reach 37.3 billion square metres by 2024. Digital textile printing is expected to control between 5 and 10% of the global textile printing market by 2024. The time it takes to get textile printing companies on the market is under tremendous pressure. It also impacts efficiency, flexibility and speed of print. The market needs to consider other ways to print on the fabric in order to achieve such goals.
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The following are some of the key players in the digital textile printing industry:
Aeoon Technologies GmbH, Austria
d.gen (South Korea)
Konica Minolta Business Solutions India Private Limited (Japan)
Mimaki Engineering Co. Ltd. (Japan)
Mutoh Holdings Co. Ltd.
Ricoh (Japan).
DuPont (US).
Electronics For Imaging, Inc.
Huntsman International LLC, USA
Digital Textile Printing Market Dynamics
Drivers
High resolution, fine patterns, and flexibility
In digital textile printing use the combination of unlimited colour, these digital printer are not limited to a maximum amount of rotary screens. Digital textile printing is less space than rotatory screen. Additionally, digital textile printing requires less ink and more power. Sublimation is not required with Digital textile printing. This is the key reason why the market has grown.
Increase in popularity due to fast fashion items
Digital textile printing solutions are expected to be in demand due to the increasing demand for “fast fashion” products.
The packaging sector is experiencing an increase in demand
Digital textile printing technology is used in the packaging sector for grading, identification, labelling, branding, and a variety of packaging solutions. Digital textile printing is making a significant impact on the industry.
Opportunities
Advanced digital printing technology uses mild solvents and less harmful chemicals than traditional printing technologies like offset printing and solid ink printing. With the growing emphasis on eco-friendly productions and green printing, digital printing solutions are increasingly in demand. The market will grow faster if there are more opportunities in emerging markets and new strategic alliances.
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Restraints/ Challenges
Because of the full cost of ownership (operators, service expenses and ink, fabric after-treatment, etc.), the price of digital textile printing is higher than that of conventional textile printing. The cost of digital textile printing is much more than that of traditional printing. The one meter of fabric of digital textile printing is roughly 1.5X more expensive as compared to traditional printing. Digital printing machines require skilled and professional workers. These are the main market barriers that will limit the market’s growth.
COVID-19 and the Digital Textile Printing Market
Many countries have implemented lockdowns to force people to stay inside due to the COVID-19 pandemic. This greatly affected the fashion and signage industries and led to a decline in product demand. This epidemic affected many display graphics companies greatly. As the situation improved, however, demand for newer fabrics increased. Digital printing has the ability to reduce the cycle time, which enabled digitally printed textiles perform better than the rest of the textile market during the pandemic.
Global Digital Textile Printing Market
Process
Direct-to-Garment
Direct-to-Fabric
Printing
Roll to roll process
DTG Process
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Types of ink
Sublimation
Pigment
Reactive
Acid
Other
Application
Industrial
Textile
Advertisement
Apparel and Clothing
Soft Signage
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