Digital Textile Printing Market to total US$ 8,897.3 million by 2034, expanding at a CAGR of 12.1%
Future Market Insights, Inc. (FMI) predicts a thriving future for the digital textile printing market, fueled by digital design platforms, AR integration, and sustainable advancements. Dive deeper into the intricate dynamics of this burgeoning market and uncover compelling stakeholder opportunities in our comprehensive FMI report.
NEWARK, Del., Jan. 23, 2024 /PRNewswire/ -- The global Digital Textile Printing Market is anticipated to reach a valuation of US$ 2,989.6 million in 2024, driven by focus on sustainable materials. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 12.1% between 2024 and 2034, and reaching a total valuation of approximately US$ 8,897.3 million by 2034.
https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg
Request Exclusive Sample Report: Digital Textile Printing Industry Strategic Insights, https://www.futuremarketinsights.com/reports/sample/rep-gb-7550
One of the major factors contributing to the growth of the market is the growth in textile digitalization platforms. The emergence of digital platforms that facilitate the creation, sharing, and sale of digital textile designs is opening new avenues for designers and manufacturers to connect and collaborate.
Integration of augmented reality in the textile design process is becoming a trend, allowing designers and customers to visualize and experience the final product before production. Supportive government initiatives and regulations promoting sustainable practices and digital technologies in the textile industry are driving the adoption of digital textile printing.
Ongoing developments in digital printing inks, including advancements in water based, pigment, and reactive inks, are improving color vibrancy, durability, and compatibility with various textile materials. Integration of Industry 4.0 technologies, such as IoT, AI, and data analytics, is enhancing the efficiency and automation of digital textile printing processes.
Increased collaborations between digital printing technology providers, textile manufacturers, and fashion brands are fostering innovation and expanding the market reach of digital textile printing. Within digital textile printing, the direct to garment printing segment is gaining popularity, especially in the apparel industry, due to its ability to print directly onto garments with high quality results.
Some governments are promoting the adoption of advanced technologies in the textile industry, including digital printing, through incentives, subsidies, and supportive policies. Digital textile printing is gaining traction in the home decor sector, with applications in the production of customized curtains, upholstery, bed linens, and other interior furnishings.
Digital Textile Printing Market Research Report Scope
Attribute
Details
Estimated Market Size in 2024
US$ 2,989.6 million
Projected Market Valuation in 2034
US$ 8,897.3 million
Value-based CAGR 2024 to 2034 12.1 %
Forecast Period
2024 to 2034
Historical Data Available for
2019 to 2023
Market Analysis
Value in US$ million
Key Market Segments Covered Segmentation Analysis of the 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:
Digital
Cotton Printing
Digital Silk Printing
Digital Rayon Printing
Digital
Linen Printing
Digital Polyester Printing
Others
By End Use:
Clothing
Households
Displays
Technical Textiles
By Region:
North
America
Latin America
Western Europe
Eastern Europe
South Asia and
Pacific
East Asia
The Middle East and Africa
Key Countries Profiled
The United States Italy New Zealand
Canada Russia China
Brazil Poland Japan
Mexico Czech Republic South Korea
Germany Romania GCC countries
France India South Africa
France
Spain Bangladesh Israel
Australia
Key Takeaways from the Market Study
-- From 2019 to 2023, the market demand expanded at a CAGR of 4.1%.
-- The market in India is expected to expand at a CAGR of 14.9% through
2034.
-- By printing process, the direct to fabric segment to account for a
market share of 47.8% in 2024.
-- From 2024 to 2034, digital textile printing market is expected to
flourish at a CAGR of 12.1%.
-- By 2034, the market value of digital textile printing is expected to
reach US$ 8,897.3 million.
"The exploration of 3D printing technologies in combination with digital textile printing allow for the creation of innovative, textured fabrics and intricate designs with a three dimensional aspect," says Ismail Sutaria (Lead Consultant, Packaging and Materials).
Competitive Landscape
Prominent players in the digital textile printing market are:
-- Seiko Epson
-- Mimaki Engineering
-- Kornit Digital
-- D. Gen
-- RolandDG Corporation
-- Dover Corporation
-- Konica Minolta
-- Brother Industries
Purchase this report now to get key companies with their Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis.
Recent Development
-- In 2022, Japan based Mimaki Engineering Co., Ltd., a renowned
manufacturer of Eco solvent technology, expanded its product portfolio
with the introduction of two new high performance textile printers. The
JV330 130/160 and the CJV330 130/160 join the existing line of inkjet
printers and cutting systems of the company, highlighting the commitment
of Mimaki to innovation in the field of textile printing.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global digital textile printing market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.
To understand opportunities in the digital textile printing market, the market is segmented on the basis of printing process (direct to garment, dye sublimation, direct to fabric), ink (sublimation, reactive, acid, direct disperse, pigment), substrate (digital cotton printing, digital silk printing, digital rayon printing, digital linen printing, digital polyester printing, others), and end use (clothing, households, displays, technical textiles), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
Request to Access the Detail Research Methodology from here!
About the Packaging Division at Future Market Insights
The packaging team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Million+ data points, the team has been analyzing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
About the Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show - Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
Explore FMI's Extensive Coverage in the Packaging Domain:
-- Recycled Plastic Packaging Market Forecast by Polypropylene and
Polyethylene Terephthalate Material from 2024 to 2034. - Review and
Request to Access the Sample PDF Summary.
-- Tinplate Packaging Market Forecast by Containers and Lids Product Type
from 2024 to 2034. - Review and Request to Access the Sample PDF
Summary.
-- Chocolate Bar Packaging Market Forecast by Wrappers and Boxes for 2024
to 2034. - Review and Request to Access the Sample PDF Summary.
-- Stretch Wrapper Market Forecast by Ring, Robotic, and Others from 2024
to 2034. - Review and Request to Access the Sample PDF Summary.
-- Polyethylene Films Market by Material, Thickness, Application, End-Use &
Region | Forecast 2023 to 2033. - Review and Request to Access the
Sample PDF Summary.
-- Old Corrugated Container Market by OCC 11, OCC 12, and WX-OCC Grades
from 2023 to 2033. - Review and Request to Access the Sample PDF
Summary.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and market analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact Us
Nandini Singh Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Logo: https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/digital-textile-printing-market-to-total-us-8-897-3-million-by-2034--expanding-at-a-cagr-of-12-1-302042091.html
SOURCE Future Market Insights
