The global digital textile printing market is currently valued at approximately US$ 2.7 billion and is expected to grow at a remarkable compound annual growth rate (CAGR) of 16.3% to reach US$ 8 billion by the end of 2029.
One of the significant trends in the digital textile printing market is the focus on technological advancements in developing high-end digital textile printers. Companies in this industry are investing heavily in research and development activities to expand their product portfolios and gain a competitive edge in the global market.
Manufacturers of digital textile printers are striving to create technologically superior products that can be used in various applications. They are diversifying their technologies to cater to a wide range of customer needs.
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The latest digital textile printing systems are capable of printing with eco-solvent, UV, solvent, and aqueous inks, which reduces the environmental impact of the printing processes. This aligns with the increasing demand for eco-friendly printing solutions.
Moreover, the integration of digital textile printers is driving increased expenditure on the development of advanced software and programs. These innovations provide benefits such as the ability to create innovative designs, a wide range of color combinations, enhanced sharpness, and vibrant colored textures. These features contribute to the growing popularity of digital textile printing in various industries.
Overall, the digital textile printing market is witnessing rapid growth, propelled by technological advancements and the ability to offer eco-friendly and high-quality printing solutions.
Competitive Landscape
With positive development prospects in the global digital textile printing industry, market participants are attempting to strengthen their supply chain operations and distribution channels.
- Firms are forming joint ventures and attempting to acquire regional market participants in order to lessen market competition and establish significant sales footprints across regions.
- Majority of key firms are also attempting to broaden their product portfolios by creating fresh and revolutionary digital textile printing technologies.
- Market players are also involved in the development of customer-specific digital textile printing equipment and the introduction of new products to ensure that the fast-growing field of textile decoration is well-served.
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Key Players:
- Durst Group (Durst Phototechnik Ag)
- Electronics For Imaging Inc.
- Konica Minolta Inc.
- Kornit Digital Ltd.
- Mimaki Engineering Co. Ltd.
- Roq International
- Sawgrass Technologies Inc.
- Seiko Epson Corporation
Key Segments of Digital Textile Printing Industry Survey
Digital Textile Printing Market by Printing Process:
- Direct to Garment (DTG) Digital Textile Printing
- Dye Sublimation Digital Textile Printing
- Direct to Fabric (DTF) Digital Textile Printing
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Digital Textile Printing Market by Ink:
- Sublimation
- Reactive
- Acid
- Direct Disperse
- Pigment
Digital Textile Printing Market by Substrate:
- Digital Cotton Printing
- Digital Silk Printing
- Digital Rayon Printing
- Digital Linen Printing
- Digital Polyester Printing
- Others
Digital Textile Printing Market by End Use:
- Clothing
- Households
- Displays
- Technical Textiles
Digital Textile Printing Market by Region:
- North America Digital Textile Printing Market
- Latin America Digital Textile Printing Market
- Europe Digital Textile Printing Market
- East Asia Digital Textile Printing Market
- South Asia & Pacific Digital Textile Printing Market
- Middle East & Africa (MEA) Digital Textile Printing Market
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