Future Market Insights, Inc. (FMI) predicts a thriving future for the digital textile printing market, fueled by digital design platforms, AR integration, and sustainable advancements. Dive deeper into the intricate dynamics of this burgeoning market and uncover compelling stakeholder opportunities in our comprehensive FMI report.
NEWARK, Del., Jan. 23, 2024 /PRNewswire/ — The global Digital Textile Printing Market is anticipated to reach a valuation of US$ 2,989.6 million in 2024, driven by focus on sustainable materials. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 12.1% between 2024 and 2034, and reaching a total valuation of approximately US$ 8,897.3 million by 2034.
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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.
Digital Textile Printing Market Research Report Scope
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Attribute |
Details |
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Estimated Market Size in 2024 |
US$ 2,989.6 million |
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Projected Market Valuation in 2034 |
US$ 8,897.3 million |
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Value-based CAGR 2024 to 2034 |
12.1 % |
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Forecast Period |
2024 to 2034 |
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Historical Data Available for |
2019 to 2023 |
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Market Analysis |
Value in US$ million |
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Key Market Segments Covered |
Segmentation Analysis of the Digital Textile Printing Market By Printing Process: Direct To Garment By Ink: Sublimation By Substrate: Digital Cotton Printing By End Use: Clothing By Region: North America |
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Key Countries Profiled |
The United States
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Italy
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New Zealand
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Key Takeaways from the Market Study
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, 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).
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
Purchase this report now to get key companies with their Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis.
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.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global digital textile printing market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.
To understand opportunities in the digital textile printing market, the market is segmented on the basis of printing process (direct to garment, dye sublimation, direct to fabric), ink (sublimation, reactive, acid, direct disperse, pigment), substrate (digital cotton printing, digital silk printing, digital rayon printing, digital linen printing, digital polyester printing, others), and end use (clothing, households, displays, technical textiles), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
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About the Packaging Division at Future Market Insights
The packaging team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Million+ data points, the team has been analyzing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
About the Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and market analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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SOURCE Future Market Insights
