Digital Textile Printing Market

The market for digital textile printing, which is presently estimated to be worth roughly US$ 2.7 billion, is expected to grow at an astounding CAGR of 16.3% to reach US$ 8 billion by the end of 2029.

Digital textile printing now occupies 14% of the global digital printing market. Digital textile printing will be more popular in the coming years due to the increasing popularity of printed flags and banners as well as clothing. Digital textile printing saw a 15.1% increase in demand between 2014-2021.

The global digital textile printing market is anticipated to clock a remarkable CAGR of 16.3% over 2022-2029, as suggested by a new Future Market Insights (FMI) report. This remarkable market growth is primarily due to the increasing penetration of the printing industry in developing markets like India, Mexico, China, and Mexico as well as technological advances that have occurred over time.

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Potential Impact of COVID-19

FMI predicts that industry players will fail to reach their financial targets because of significant supply chain disruptions caused by lower customer demand. Leading players have taken note of the current market conditions and are attempting to build the necessary operational flexibility to withstand the pandemic.

Additionally, the pandemic has created implications to digitally transform workplaces in order better serve end users and prosper over the coming years. The FMI study suggests that this crisis may provide fertile ground to transform the digital textile printing industry.

Manufacturers are steadily making improvements in digital textile printing technology. Therefore, flexography, lithographic and printing technology providers are gradually shifting to digital printing.

The digital textile printing market is expected to grow because of its many characteristics and advanced technology. Manufacturers will have lucrative opportunities in the U.S.A. and Canada as digital textile printing solutions are demanded in these countries.

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Study of the Digital Textile Printing Market: Key Takeaways

• The DTF (direct to fabric) segment of the global digital textile printing industry is seeing unrivalled demand. This market is forecast to expand at a phenomenal CAGR (17.5%) during the forecast period.
• Digital textile printing is more expensive than traditional printing technologies. This means that small volumes of printing will have a higher per-unit cost. A high number of orders for short runs requires multiple jobs and frequent plate changing.
• Digital printers are looking for more precise methods to determine the type of equipment and print run lengths. Print service providers are primarily focused on automating their printing processes, as has been shown.
• According to market growth estimates, North America will experience remarkable growth while East Asia is expected to see huge growth in global digital textile printing.

Designers are gaining more interest in digital textile printing designs.

Unique and eye-catching designs were used in the past only for haute fashion clothing that was displayed on top fashion week stages around the world. But over the last few years, more and more high-fashion brands such as H&M and Zara are joining unique and more outbound designs in their pools.

People want exclusive clothing and high-fashion brands are responding to this demand by using digital textile printing techniques. This is an opportunity for digital textile designers to capitalize on this demand for uniqueness.

Designers may not be able to create high-quality designs using traditional printing methods. Designers can expand their creativity with digital textile printing. It gives them the tools they need to create futuristic designs.

Digital Textile Printing Manufacturers Open New Doors to Signage Market

Sign and display printers require reliable, efficient, low-cost products. Digital textile printing is experiencing steady growth due to a healthy demand for signs and displays. Outdoor, indoor, wall décor, and event décor are some the fastest-growing segments in the signage market that are using digital textile printing techniques. In response to increasing demand for digital textile printing, sales will increase.

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Survey of the Digital Textile Printing Industry: Key Segments

Digital Textile Printing Market by Printing Process:

• Digital Textile Printing Direct to Garment (DTG).
• Dye Sublimation Digital Textile printing
• Digital Textile Printing Direct to Fabric (DTF).

Digital Textile Printing Market by Ink:

• Sublimation
• Reactive
• Acid
• Direct disperse
• Pigment

Digital Textile Printing Market by Substrate:

• Digital Cotton Printing
• Digital Silk Printing
• Digital Rayon Printing
• Digital Linen Printing
• Digital Polyester Printing
• Other

Digital Textile Printing Market by End-Use:

• Clothing
• Households
• Displays
• Technical Textiles

About Future Market Insights, Inc.

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