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According to the report published by the Brandessence Market Research and Consulting Pvt. Ltd, Digital Textile Printing Machine Market was valued at USD 786.7 Million in 2018 and is projected to reach around USD 1480.2 Million by 2025, at a CAGR of 9.45% during the forecast period.
Digital textile printing is an inkjet-based method of printing dyes on fabric. Digital textile printing machines are not only used to print smaller designs on garments like T-shirts, dresses, promotional wear but also can able to print onto polyester, like flags, banners graphics. At the same time, dye-sublimation printing is becoming increasingly important in the textile market, with applications ranging from fashion and sportswear over to home decor and soft signage and hard substrates.
Digital textile printing technology provides better control of cash flow through print-on-demand for short runs, demand for individuality, lower opportunity costs, and higher accuracy in the textile industry which drives the market growth.
The regions covered in this Digital Textile Printing Machine Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Digital Textile Printing Machine is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Digital Textile Printing Machine Market Revenue (USD Million) Analysis by Regional and Global, 2019-2025
Key Players for Global Digital Textile Printing Machine Market Report–
Some major key players for Global Digital Textile Printing Machine Market are, 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 and others.
Global Digital Textile Printing Machine Market Dynamics –
Global digital textile printing machine market is expected to witness significant growth within the forecast period owing to technological advancements in the field of hybrid and digital textile printing machines. In addition, increased awareness towards fashion among consumers and availability of sustainable and eco-friendly printing procedures are also anticipated to foster the growth of digital textile printing machine market. For instance in 2016 around 870 million square meters of fabrics was printed on digital equipment and are worth around 1.29 billion dollars. Furthermore, producers can easily adjust to rapid changes in global trends in comparison to other forms of printing. Increasing technological advancements to develop more innovative digital textile printing machines can be an opportunity for further market growth within the forecast period.
Europe is Expected to Dominate the Global Digital Textile Printing Machine Market.
Europe is expected to gain the largest share of global digital textile printing machine market owing to increasing growth of the printing industry. In addition, the use of digital textile printers in the fashion industry is rapidly increasing in this region is further anticipated to fuel the growth of digital textile printing machine market. For instance; according to Internal Market, Industry, Entrepreneurship and SMEs the printing enterprises in Europe generate an annual turnover of around EUR 88 billion from printing on paper, plastics, or textiles and will increase in forecasted period.
Asia Pacific is anticipated to witness the fastest growing market due to the rise in the disposable income of the people in emerging countries such as China and India. Accepting the new fashion trend and customizing textile for many events like business activities, promotional activities, cultural program and others are some of the factors increase the demand for garment and leads to supplement the growth for digital textile printing machine market in this region. For instance Indian textiles industry is valued around US$ 150 billion, and anticipated to reach US$ 250 billion by 2019. Thus the growing demand in the textile sector fuel the growth of digital textile printing machine market in this region.
Key Benefits for Global Digital Textile Printing Machine Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in the market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.