Digital Textile Printing Market Growing at a phenomenal CAGR of 16.3% to reach US$ 8 Bn by 2029

FMI’s new study on the Digital Textile Printing Market provides a 10-year forecast through 2022 and beyond. The study provides crucial dynamics, such as emerging opportunities, drivers, challenges, and latest trends shaping the market dynamics. To offer the information in a more vivid manner, the study has been segmented in terms of Digital Textile Printing Market By Printing Process (Direct to Garment, Dye Sublimation, Direct to Fabric), By Ink (Sublimation, Reactive, Acid, Direct Disperse, Pigment), By Substrate (Cotton, Silk, Rayon, Linen, Polyester), By End Use (Clothing, Households, Displays, Technical Textiles) & Region – Forecast 2022 – 2029

The Global Digital Textile Printing Market report is bifurcated into several attributes which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again detailed in the report as required to describe the topic and provide maximum information for better decision making.

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[194 pages Report] The global digital textile printing market is currently valued at around US$ 2.7 Bn, and is anticipated to progress at a phenomenal CAGR of 16.3% to reach US$ 8 Bn by the end of the year 2029.

Key Takeaways from Digital Textile Printing Market Study

• The direct to fabric (DTF) segment is experiencing unmatchable demand in the global digital textile printing market, expected to expand at an impressive CAGR of 17.5% during the forecast period.
• As compared to traditional printing technologies, digital textile printing requires higher primary set-up cost, and hence, per unit cost is high for small volume printing. Moreover, high frequency of orders for shorter run lengths requires arranging multiple jobs and regular plate changing.
• Digital printers are pursuing more precise ways of determining the equipment type and run lengths for printing. It has been witnessed that print service suppliers are mainly aiming on computerizing their printing processes.
• In terms of market growth, North America and East Asia are estimated to witness astonishing growth in the global digital textile printing market.

Key Companies Profiled by FMI

• Durst Group (Durst Phototechnik Ag)
• Electronics For Imaging Inc.
• Konica Minolta Inc.
• Kornit Digital Ltd.
• Mimaki Engineering Co. Ltd.
• Roq International
• Sawgrass Technologies Inc.
• Seiko Epson Corporation
• Spgprints B. V.
• The M&R Companies

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In the latest study, FMI offers unbiased analysis on the global digital textile printing inks market for the forecast period of 2022 to 2029. This report also provides key factors such as recent developments and growth drivers influencing the sales in digital textile printing inks market through detailed segmentation.

Sign and display printers demand reliable, efficient, and low-cost products. Healthy demand for signs and displays is reinforcing steady market growth for digital textile printing. Outdoor, indoor, wall décor, and event décor are some the fastest-growing segments in the signage market that are using digital textile printing techniques. The aim is to increase sales in response to the rising number of short-run digital print jobs for events, team uniforms, corporate clothing, and others.

In packaging, digital textile printing technology is used for identification, labelling, grading, and branding, as well as in a variety of packaging solutions. The face of the textile printing industry is changing as digital textile printing equipment and technologies improve and expand.

In recent years, digital textile printing on silk fabric is trending due to factors such as appearance, quality, and cost effectiveness. Various digital textile printing systems are used for printing purposes.

Customers are drawn to these items due to the development of compact, faster, and lighter digital fabric printers. The general public’s awareness of current clothing and apparel fashion, as well as growing use of digital printing in sportswear, is likely to open up new growth opportunities for market stakeholders.

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