Sep 18, 2019   SOURCE: BusinessWire

$218 Mn Digital Textile Printing Machine Market by Process Type, Application, and Machine Type - Global Opportunity Analysis and Industry Forecast, 2018-2025 - ResearchAndMarkets.com

The "Digital Textile Printing Machine Market by Process Type, Application, and Machine Type: Global Opportunity Analysis and Industry Forecast, 2018-2025" report has been added to ResearchAndMarkets.com's offering.

The global digital textile printing machine market size was $97.6 million in 2017, and is projected to reach $218.3 million in 2025, growing at a CAGR of 10.4%. Digital textile printing machine prints various patterns, or designs directly on the fabric using inkjet technology and a computer software.

Factors such as increase in awareness about fashionable clothing, rise in per capita income of individuals, and surge in demand for short run products propel the global digital textile printing machine market. Moreover, the ecological nature of digital textile printing boosts the global digital textile printing machine market growth. In addition, stringent government regulations for reducing pollutants and increased standard of living of people supplement the expansion of the global digital textile printing machine market. However, unfavorable effects associated with the machines is a major challenge faced by the players operating in the global digital textile printing machine industry.

Growth in demand for innovative & creative design options and increase in inclination toward newer and fresher color options offer promising opportunities for players in the global digital textile printing machine industry. Moreover, increase in demand for high speed productivity of products is expected to provide lucrative business opportunity to the players.

The global digital textile printing machine market is segmented based on process type, machine type, application, and region. Based on process type, the market is categorized into direct-to-garment and direct-to-fabric.

The direct-to-fabric segment is projected to dominate the global digital textile printing machine market throughout the study period owing to its widespread usage, high speed, and high color gamut. Based on application, the global digital textile printing machine market is categorized into clothing & apparel, home furnishing, advertisement, and others. The clothing & apparel segment accounts for the maximum global digital textile printing machine market share owing to its maximum usage and wide variety.

Market dynamics

Drivers

  • Surge in consciousness towards fashion
  • Higher creativity and increased design flexibility
  • Sustainable and eco-friendly printing methods

Restraints

  • Never ending competition from traditional printing methods
  • Harmful effects associated with digital textile printers

Opportunity

  • High speed of producing products using printer

KEY Players in Global Digital Textile Printing Machine Market

  • Durst Group
  • Electronics for Imaging (EFI), Inc.
  • Konica Minolta
  • Kornit Digital
  • Mimaki
  • ROQ International
  • Sawgrass Technologies, Inc.
  • Seiko Epson Corporation
  • SPG Prints B.V.
  • The M&R Company

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