Envisioning substantial growth, the global textile transfer paper market is poised to attain an estimated valuation of US$ 777.2 million in 2023. Future Market Insights (FMI) forecasts a robust 5.9% Compound Annual Growth Rate (CAGR) in textile transfer paper sales from 2023 to 2033. Projections indicate the market size surging beyond US$ 1,382.6 million by 2033. This positive trajectory is fueled by the increasing demand for textile transfer paper across diverse industries, reflecting its versatile applications in custom printing. As businesses prioritize personalized and high-quality printing solutions, the textile transfer paper market is expected to play a pivotal role in shaping this evolving landscape.
Experiencing substantial growth, the textile transfer paper market is expanding rapidly, propelled by the surging demand for personalized and customized clothing and accessories. The growing consumer inclination towards expressing individuality through their apparel choices has led to a notable uptick in the need for textile transfer paper.
Ranking as the third significant market for textile transfer papers, North America, particularly the United States, holds a substantial 18% share of the global market. Industry analysis suggests that the United States is expected to further dominate, constituting over 86% of the total North American market for textile transfer papers in the upcoming decade.
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Key Takeaways:
- Elevated demand for sportswear to propel market growth.
- North America to retain its third largest market rank over the assessment period.
- Textile transfer paper market in the U.K. to grow at 6.2% CAGR over the forecast period.
- India will likely hold 48% of the overall market share in South Asia by 2031.
- The 60-90 GSM thickness segment is expected to grow at 5.7% CAGR.
- Demand in the tacky product type segment is likely to rise over the assessment period.
- Fashion is the most dominant end user in the market.
Top Textile Transfer Paper Market Players and Their Recent Developments:
Beaver Paper Group
Beaver Paper Group is a manufacturer and supplier of fine art and graphic art papers. The company also crafts textile transfer papers for different types of fabrics. Beaver Paper Group’s transfer papers are known for their high-quality, vibrant prints, and easy application.
- In September 2021, the new TexStyles NatureSeries range of graphic textiles was introduced by Beaver Paper Group. A unique range of sublimation fabric called NatureSeries was created using cutting-edge sustainable CiCLO technology.
- In June 2021, Beaver Paper Group installed a leading robotic arm in the United States for its manufacturing plant of textile transfer paper.
Sappi Limited
Sappi is a top producer of daily items manufactured from biodegradable materials based on wood fiber. The business is committed to developing sustainable business practices and goods as a versatile, creative, and reliable pioneer. Its product portfolio includes dissolving wood pulp, graphic papers, packaging papers, and biomaterials
- In December 2022, at its Gratkorn facility, Sappi Europe announced significant paper machine upgrades and modernization. The existing upgrade and modernization venture will concentrate on Paper Machine 11, which will go through substantial modernization of electrical and automation machinery. This includes drive systems, control mechanisms, quality assurance, and safety checks, as well as refurbishments to the coating profile and other aspects.
- In June 2020, Sappi Limited launched a new Transjet Tacky Industrial, a coated dye sublimation paper for digital transfer printing, specially developed for high-speed inkjet printing on highly elastic textiles.
Competitive Landscape
- Neenah Coldenhove Holding B.V.,
- Felix Schoeller Group,
- Beaver Paper Group,
- Sappi Limited,
- Guyenne Papier S.A.S.,
- Hansol Paper Co., Ltd.,
- Sihl Inc.,
- Canapa Paper Technologies,
- NanJing Hanrun Paper Industrial Co. Limited (Hanrun® Paper),
- Mitsubishi Hi-Tech Paper Europe GmbH,
- Kaspar Papir, and
- Guangdong Guanhao High-tech Co., Ltd.
among others are some of the major players in the textile transfer paper market that are profiled in the full version of the report.
Major manufacturers of textile transfer papers are concentrating on expanding their product portfolios by releasing novel products into the market. These businesses also employ tactics like strategic partnerships and collaborations with other manufacturers to deepen their market penetration. Major market players are focusing on extending their production capacities to increase their global presence.
Asia, particularly China and India, stands out on the global stage for its robust textile industry. In the textile sector, developing economies, such as these, typically serve as exporters, while developed nations like Russia and the United States lead as major importers of textiles. The consistent growth of the textile industry in China and India is attributed to the abundant availability of raw materials like silk, cotton, jute, and wool. Beyond China and India, South Africa is gaining prominence as a noteworthy player in the textile market, contributing approximately 8% to the country’s GDP.
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Textile Transfer Paper Market by Category
By Thickness (GSM):
- Below 60 GSM
- 60 – 90 GSM
- Above 90 GSM
By Paper Type:
- Coated
- Uncoated
By Product Type:
- Tacky
- Non-tacky
By End Use:
- Fashion
- Sportswear
- Soft Signage
- Home Textiles
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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