Press release
Digital Textile Printing Machine Market to Grow at Robust 10.0% CAGR to 2024 - Kornit Digital, Mimaki, ROQ International, Sawgrass Technologies, Seiko Epson Corporation
The report includes the study of digital textile printing machine market. The global market size was $647 million in 2017, and is projected to reach $1248 million in 2024, growing at a CAGR of 10.0%. Digital textile printing machine prints various patterns, or designs directly on the fabric using inkjet technology and a computer software.Top Companies Covered in this Report:
Durst Group, Electronics for Imaging (EFI), Inc., Konica Minolta, Kornit Digital, Mimaki, ROQ International, Sawgrass Technologies, Inc., Seiko Epson Corporation, SPG Prints B.V., and The M&R Company.
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Factors such as increase in awareness about fashionable clothing, rise in per capita income of individuals, and surge in demand for short run products propel the demand for digital textile printing machine products. Moreover, the ecological nature of digital textile printing boosts the market growth. In addition, stringent government regulations for reducing pollutants and increased standard of living of people supplement the expansion of the digital textile printing machine market. However, the unfavorable and dangerous effects associated with the machines is a major challenge faced by the players operating in the industry. Growth in demand for innovative & creative design options and increase in inclination toward newer and fresher color options offer promising opportunities for players in the digital textile printing machine industry. Moreover, increase in demand for high speed productivity of products provide lucrative business opportunity to the players.
The global digital textile printing machine market is segmented based on process type, application, and region. Based on process type, the market is categorized into direct-to-garment and direct-to-fabric. The direct-to-fabric segment is projected to dominate the global market throughout the study period owing to its widespread usage, high speed, and high color gamut. Based on application, the market is categorized into clothing & apparel, home furnishing, advertisement, and others. The clothing & apparel segment accounts for the maximum market share owing to its maximum usage and wide variety.
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Table Of Content
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: DIGITAL TEXTILE INDUSTRY PRINTING MACHINE MARKET, BY PROCESS TYPE
CHAPTER 5: DIGITAL TEXTILE PRINTING MACHINE MARKET, BY APPLICATION
CHAPTER 6: DIGITAL TEXTILE PRINTING MACHINE MARKET, BY GEOGRAPHY
CHAPTER 7: COMPANY PROFILES
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