USD 2.62 billion
Report ID:
SQMIG45J2196 |
Region:
Global |
Published Date: February, 2024
Pages:
197
|Tables:
144
|Figures:
78
Digital Textile Printing market was valued at USD 2.62 billion in 2022 and is poised to grow from USD 3.11 billion in 2023 to USD 9.18 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).
The global digital textile printing market has experienced significant growth in recent years, driven by advancements in printing technologies and increasing demand for customized and high-quality printed textiles. Digital textile printing refers to the process of printing digital images onto textiles using specialized inkjet printers. It offers several advantages over traditional printing methods, including faster turnaround times, reduced costs, and the ability to print on a wide range of fabrics with intricate designs and vibrant colors.
The primary purpose of the digital textile printing market is to cater to the growing demand for personalized and on-demand printed textiles across various industries. With digital printing, manufacturers can easily produce small to medium-sized print runs without incurring high setup costs or compromising on design flexibility. Several factors are driving the growth of the global digital textile printing market. Firstly, the increasing popularity of digital printing technologies is fueled by their ability to offer high-quality and precise prints with intricate details. While the digital textile printing market has witnessed substantial growth, there are some restraining factors that may hinder its progress. One significant challenge is the initial investment required to set up a digital textile printing facility, including the cost of specialized printers, inks, and software. The digital textile printing market faces several challenges. One of the key challenges is the need for continuous innovation in printing technologies to keep up with evolving customer demands and expectations. Manufacturers need to invest in research and development to improve printing speeds, color accuracy, and sustainability aspects. The global digital textile printing market is experiencing remarkable growth due to its ability to provide high-quality, customized, and on-demand printing solutions. While initial investment costs, color consistency, and skilled labor pose challenges, the market offers opportunities driven by sustainability concerns and the rising demand for personalized textiles. Continued innovation and strategic integration with existing supply chains will be crucial for the sustained growth of the digital textile printing market.
Global Market Size
USD 2.62 billion
Largest Segment
Direct to Fabric
Fastest Growth
Direct to Fabric
Growth Rate
14.8% CAGR
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Global Digital Textile Printing Market is segmented by Textile, Printing Process, Ink Type, Operation, Application and region. Based on Textile, the market can be segmented into Cotton, Silk, Polyester, Others. Based on Printing Process, the market is segmented into Direct to Fabric, Direct to Garment. Based on Ink Type, the market is segmented into Sublimation, Pigment, Reactive, Others. Based on Operation, the market is segmented into Single Pass, Multi-Pass. Based on Application, the market is segmented into Clothing/Apparel, Home Décor, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Digital Textile Printing Market Analysis by Printing Process
In 2022, the Direct to Fabric (DTF) printing method dominated the global digital textile printing market holding a market share of over 67%. This technique involves printing designs and patterns directly onto a large roll of fabric, which is then cut and sewn into various apparel and home decor items like curtains and wallpapers. DTF printing utilizes a wide range of inks, including pigment inks, reactive dyes, dye-sublimation inks, and acid dyes. Industry players are offering both types of printers to cater to the growing demand for each method.
The market for digital textile printing is segmented into two categories based on the printing process: Direct to Fabric (Roll to roll) and Direct to Garment (DTG). The Direct to Garment technique involves printing designs directly onto garments. The increasing popularity of on-demand printing on garments and the growing demand for customized printing on t-shirts and shirts are driving the demand for Direct-to-Garment printers. Various industries such as sports clubs, schools, and corporations require custom-made garments for uniforms and corporate gifting purposes. Digital printing allows printing any design on the garment substrate, making it a preferred choice for customization. The Direct-to-Garment segment is experiencing rapid growth within the printing process category.
Digital Textile Printing Market Analysis by Textile Material
In 2022, the cotton segment dominated the global digital textile printing market, holding a market share of over 52%. Cotton is widely preferred in the fashion and sportswear industries due to its excellent moisture absorption and durability. It is highly print-friendly and offers excellent durability, making it an ideal choice for fashion garments. Cotton is also extensively used in various home decor items such as bed sheets, curtains, cushion covers, and table covers, thanks to its softness, easy washability, and attractive appearance. The demand for printed cotton fabrics and garments is boosted by these factors.
Polyester is anticipated to be the fastest-growing textile material in the market, with a projected compound annual growth rate (CAGR) of 15.2% during the forecast period. Polyester fabrics are commonly printed using sublimation ink. Polyester has gained popularity in the fashion sector due to its properties such as wrinkle resistance, abrasion resistance, and cost-effectiveness. Silk is also in demand for clothing and home decor purposes, particularly in Gulf countries and Japan. However, the high cost of silk restricts its usage and demand.
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Asia-Pacific is expected to be the fastest-growing segment in the global digital textile printing market, primarily due to the presence of numerous textile hubs in the region. China and India play a vital role in driving the regional market's growth. China, being one of the largest exporters of garments and textiles globally, exhibits a significant demand for textile printers. Countries like Bangladesh, Vietnam, and Japan have also emerged as prominent hubs for textile printing, driven by the growth of their respective textile industries.
Europe has the largest market share, accounting for over 36% of the global market in 2022. Italy stands out as the dominant market in the region due to the increasing need for printing in Italy's fashion industry. The presence of numerous fashion enterprises and renowned brands in cities like Milan, Rome, Venice, and Palermo contributes to the growing demand for specialized digital textile printing, offering a wide range of color schemes and fashion patterns. Germany and France are also key markets in the European region, making substantial contributions to its overall growth.
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Digital Textile Printing Market Drivers
Growing Demand for Sustainable and Eco-friendly Printing
Advancements in Printing Technologies
Global Digital Textile Printing Market Restraints
High Initial Investment Costs
Challenges in Color Consistency and Fabric Compatibility
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The global digital textile printing market is characterized by the presence of several established players and a growing number of new entrants. The market is highly fragmented, with numerous companies competing for market share. These companies are continuously focusing on research and development activities, strategic partnerships, and mergers and acquisitions to strengthen their position in the market and gain a competitive edge. The competitive landscape of the global digital textile printing market is dynamic, with companies vying for market dominance through technological advancements, product differentiation, and effective marketing strategies. The market is expected to witness intense competition and continued innovation as the demand for digital textile printing continues to grow.
Top Player’s Company Profiles in Digital Textile Printing Market
Digital Textile Printing Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global digital textile printing market analysis, the rising demand for customized and personalized textiles, increasing awareness about sustainable printing practices, and advancements in printing technologies are the key factors augmenting growth of this global market in the coming years. The market analysis also considers the segmentation of the market based on printing processes, textile materials, applications, and regions. The global digital textile printing market analysis reveals a positive growth trajectory driven by factors such as customization trends, sustainability considerations, and technological advancements. The market provides opportunities for both established players and new entrants to capitalize on the growing demand for digitally printed textiles in various industries.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 2.62 billion |
Market size value in 2031 | USD 9.18 billion |
Growth Rate | 14.8% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Digital Textile Printing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Digital Textile Printing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Digital Textile Printing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Digital Textile Printing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG45J2196
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