The global Digital Textile Printing Market is poised for substantial growth, with its valuation projected to soar from US$ 2,989.6 million in 2024 to an impressive US$ 8,897.3 million by 2034. This surge, marked by a robust CAGR of 12.1% during the forecast period from 2024 to 2034, underscores the increasing adoption of digital printing technologies in the textile industry.
Core Concepts
- 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, the 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).
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.
Key Market Trends and Highlights:
- Innovations in Ink Formulations:
Ongoing advancements in ink formulations, such as water-based, pigment, and dye sublimation inks, are significantly enhancing color vibrancy, durability, and overall print quality. These developments are pivotal in meeting the high standards demanded by both manufacturers and consumers. - Integration of Industry 4.0:
The incorporation of Industry 4.0 principles, including automation, data exchange, and the Internet of Things (IoT), is revolutionizing digital textile printing processes. This integration is leading to increased efficiency, reduced errors, and smarter production workflows, thereby transforming the industry landscape. - Collaborative Innovation:
Increased collaborations between technology providers, textile manufacturers, and fashion brands are driving innovation and expanding the application possibilities of digital textile printing. These partnerships are crucial in pushing the boundaries of what digital printing can achieve. - Rise of Direct-to-Garment Printing:
Direct-to-garment (DTG) printing, a subset of digital textile printing, is gaining significant popularity, particularly in the apparel industry. DTG printing allows for high-quality, detailed prints directly onto garments, offering a versatile and efficient solution for custom apparel production.
Purchase this report now to get key companies with their Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis.
Key Drivers of Digital Textile Printing Market:
- Demand for Personalization:
Consumers are increasingly seeking personalized and customized products, and digital textile printing caters perfectly to this trend. The ability to produce unique and customized designs on demand is driving market growth. - Technological Advancements:
Continuous advancements in digital printing technologies, including improved print speeds, better color accuracy, and enhanced resolution, are making digital textile printing more attractive across various applications. These technological improvements are broadening the scope of digital printing in the textile industry. - Quick Prototyping and Short-Run Production:
Digital printing enables quick prototyping and short-run production, allowing manufacturers to respond efficiently to market demands and minimize excess inventory. This flexibility is a key advantage in the fast-paced textile market. - Flexibility in Fashion Industry:
The fashion industry is increasingly adopting digital textile printing for its unparalleled flexibility. Designers can experiment with intricate patterns, designs, and colors without the limitations imposed by traditional printing methods, fostering creativity and innovation.
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
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.
Request For Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-7550
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
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
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
