Digital Textile Printing Market is Expected to Register at
Digital Textile Printing Market
Global Digital Textile Printing Market Report curated by Data Bridge Market Research includes expert analysis, pricing analysis as well as analysis of import/export, price analysis, production consumption analysis, and patent analysis.
The textile market is growing rapidly. 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. The textile printing industry will be dominated by digital textile printing in 2024, according to estimates. 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. To achieve these goals, the market must look at other ways to print on fabric.
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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 (USA)
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. Comparing to rotatory screens, digital textile printing takes up less space. Additionally, digital textile printing requires less ink and more power. Sublimation is not required with Digital textile printing. These factors are key to the market’s growth.
Fast fashion products cause a rise in sales
Digital textile printing solutions are expected to be in demand due to the increasing demand for “fast fashion” products.
Increasing demand for packaging
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 changing the face of textile printing as these technologies improve and grow.
Opportunities
Digital printing is done with mild solvents and safer chemicals than conventional printing technologies such as offset printing or solid ink printing. The demand for digital printing solutions in the digital textile printing market is growing because of the increasing emphasis on green printing and cost-effective productions. 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 machines. 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. To operate a digital printing machine, you will need to be a professional and skilled worker. These are the key market constraints that will slow down the market’s rate of growth.
COVID-19’s Impact on the Digital Textile Printing Market
Many countries have implemented lockdowns to force people to stay inside due to the COVID-19 pandemic. This had a profound impact on the fashion and signage industry, and slowed down the demand for the products. This epidemic affected many display graphics companies greatly. As the situation improved, however, demand for newer fabrics increased. Digital printing was able to speed up the process, which allowed digitally printed fabrics to perform better during the pandemic.
Global Digital Textile Printing Market
Process
Direct-to-Garment
Direct-to-Fabric
The Printing Process
Roll to roll process
DTG Process
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Type of ink
Sublimation
Pigment
Reactive
Acid
Others
Application
Industrial
Textile
Advertisement
Apparel and Clothing
Soft Signage
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