Digital Textile Printing Global Market Poised to Reach $5.88 Billion By 2028, Predicts The Business Research Company

The digital textile printing market size has grown rapidly in recent years. It will grow from $2.93 billion in 2023 to $3.39 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to adoption by small and medium enterprises, market competitiveness, reduction in lead times, adoption of digital workflows, customization in fashion industry.

The digital textile printing market size is expected to see rapid growth in the next few years. It will grow to $5.88 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%. The growth in the forecast period can be attributed to adoption by smes and emerging markets, competitive market dynamics, fast fashion and quick turnaround, smart textiles and wearables, digital textile design software. Major trends in the forecast period include technological advancements, material and ink innovations, evolving consumer behavior, global market penetration.

Market Overview -
Digital printing is the process of reproducing digital images on a physical surface. When the design is finalised, it is digitally printed on fabrics and sent from the computer to the surface. Digital textile printing is used to colour fabric and other materials.

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Textile Industry Surge Propels Digital Textile Printing Market Growth: Meeting Demand For Modern Printing Technologies
The rising demand from the textile sector is expected to drive the demand for the digital textile printing market going forward. The textile industry involves designing, producing, and distributing yarn and clothing. Digital textile printing adds colour, design, and speciality to textile fabrics. The digital designs are embossed on a variety of fabrics. The growth of the textile sector is fueling the demand for modern printing technologies such as the digital printing of textiles. For instance, according to Textile Technology, a Germany-based up-to-the-minute portal for the technical textiles industry, in 2022, the global textiles sale will reach $995 billion and is expected to reach $1.4 trillion during 2022-2032, registering a compound annual growth rate (CAGR) of 3.77%. Therefore, rising demand from the textile sector will drive the growth of the digital textile printing market.

Competitive Landscape -
Major companies operating in the digital textile printing market report are AM Printex Solutions, Huntsman Corporation, Seiko Epson Corporation, Mimaki Engineering Co. Ltd., Kornit Digital, d.gen Inc., Roland DGA Corporation, Konica Minolta, ColorJet Group, Fisher Textiles, Saint Clair Textiles, Roq International, The M&R Companies, Mutoh Holdings Co. Ltd., DuPont de Nemours Inc., DyStar Group, Durst Group, AGS Transact Technologies Limited, China Dyeing Holdings Ltd., Hollander B.V., Dazian LLC, Dickson Coatings, Digitex India Inc., Mehler Technologies GmbH, Aditya Birla Group, SPGPrints B.V., Brother Industries Ltd., Ricoh Company Ltd., Sensient Technologies Corporation, Sun Chemical Corporation

Innovation Takes Center Stage Uv Gel Technology Revolutionizes Digital Textile Printing, Enhancing Quality And Efficiency
Technology development is a key trend gaining popularity in the digital textile printing market. Major digital textile printing players focus on technology development, such as UV gel technology, to sustain their market position. The UV gel technology combines great printing quality, high performance, and quick drying time in one procedure. UVgel technology separates the printing and curing processes, allowing the UVgel to have time to settle and produce a flat, even coating. For instance, in May 2021, Canon, Japan-based information systems and professional and consumer imaging equipment provider, launched Colorado 1630 UVgel roll-to-roll printer. Colorado 1630 is an industrial-grade printer with integrated UVgel technology. The new adaptable printer technology provides high productivity features, output quality, and media diversity, lower operating costs, improved printer efficiency, decreased waste, and about 40% less ink use.

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Key Segments -
The digital textile printing market covered in this report is segmented -
1) By Printing Technique: Screen Printing, Inkjet Printing, Dye Sublimation
2) By Printing Process: Roll To Roll, DTG
3) By Ink Type: Sublimation, Pigment, Reactive, Acid, Other Ink Types
5) By Application: Textile And Decor, Industrial, Soft Signage, Direct To Garment

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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