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Global Digital Textile Printing Market to Grow at a CAGR of 19.32% During 2022-2027, Aided by Shifting Trends in the Textile Industry

According to a new report by EMR titled, ‘Global Digital Textile Printing Market Report and Forecast 2022-2027’, the market attained a value of about USD 3.1 billion in 2021. The industry is further expected to grow at a CAGR of 19.32% in the forecast period of 2022-2027 to reach a value of nearly USD 8.9 billion by 2027.

The global market for digital textile printing is being driven by the rising trends of printed fabrics in garments and household items. This can be attributed to the rapidly changing fashion trends as a result of inflating disposable incomes and the influence of social media. Digital textile printing is gaining consumer attention owing to the low capital investment required to set up a digital printing facility. This has given rise to a number of new players entering the market, thereby augmenting the growth of the market. In addition, owing to the boom of e-commerce and the low-inventory requirements for digital textile printing, the market is further growing. Looking forward, the textile industry is anticipated to be dominated by digital printing methods owing to rising concerns regarding environmental degradation, hence propelling the market growth.

Orange O Tec, a significant market player that deals in high-end digital textile printers, recently launched Colorix in June 2020 in the Indian market to provide advanced technology at affordable costs. The textile industry in Indian cities like Delhi, Ludhiana, Mumbai, and Surat is witnessing growth backed up by advanced printing technology. As a leading dealer of digital printing technology, the company is rapidly expanding its presence all over India. Further, the rising demand for digital textile printing due to new product launches and partnerships by significant companies in the industry like Huntsman Corporation (NYSE: HUN) owing to the growing preference for eco-friendly and quality-based products.

Market Analysis by Ink Type, Substrate, Application, and Region:

  • On the basis of ink type, the market can be divided into reactive, acid, direct disperse, sublimation, and pigments, among others. 
  • Based on substrate, the market can be segmented into cotton, silk, and polyester, among others. 
  • The market, based on application, can be categorised into clothing/garments, household, and technical textiles, among others.
  • The major regional markets for the product include North America, Latin America, Europe, the Asia Pacific, and the Middle East and Africa.

Key Findings of the Report:

  • The market is being driven by the rise in market demand for sustainable apparel owing to the increasing concerns regarding environmental degradation caused by the textile industry.
  • The digital printing method offers a wide range of designs and colours that can be c ustomised using software and printed via an inkjet printer, hence propelling the market.
  • The low capital requirement for installing a digital textile printing facility, low inventory cost, and fast results, are some of the factors augmenting the market growth.
  • The applicability of digital printing on different fabrics, namely cotton, silk, and polyester, is expanding the growth of the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global digital textile printing industry for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) markets for ink types, substrates, applications, and regions of digital textile printing.
  • The report analyses market dynamics, covering the key demand and price indicators in the market along with an assessment of the SWOT and Porter’s Five Forces Model.

The major players in the global digital textile printing market are AM Printex Solutions, Dazian, LLC, Digitex India Inc., Fisher Textiles, Inc., and Hollanders Printing Systems B.V., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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