Post on Jul 11, 2023 at 10:33 AM
The global digital textile print market is expected to reach USD 311.7 millions by 2028, with a CAGR between 10.1% and 11.0% during the forecast period. The market was valued at USD 147.4 millions in 2020, and is expected reach USD 159.1 in 2021.
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Digital Textile Printing Research Report, 2023, provides an in-depth analysis and insight into the market size, shares and revenues of various segments. It also examines its drivers, trends and growth as well as its local industrial presence. The market research study aims to provide a thorough understanding of the Machinery and Equipment industry and its potential. The Digital Textile Printing Market Report is 100+ pages long and includes a detailed table, data, charts and tables.
Digital Textile Printing Market size and projected growth rate
Fortune Business Insights published a report on the latest trends in business. Global digital textile printing is expected to reach USD 311.7 millions by 2028, with a CAGR between 10.1% and 11.0% during the forecast period. In 2020, the market was valued at USD 147.4 millions and is expected reach USD 159.1 in 2021.
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Digital Textiles Printing Market Drivers
Increased consumer awareness of fashion trends will fuel market growth
Digital printing machines improve profitability for businesses by reducing operating costs and improving print-quality. Automation of the process can also reduce the number of employees needed at the facility. Global digital textile printing market is expected to grow due to the overall cost-savings of digital printing machines. The development of advanced digital printing machines by key manufacturers will also boost the growth. Moreover, the improving personal disposable income levels and living standards of consumers are anticipated to stimulate the market’s growth in the upcoming years. Digital printing solutions allow users to see the finished product in a virtual form before they begin the actual process. The consumers can choose the most suitable fabric texture. This will increase market growth.
Highlights of Report:
- Fortune Business Insights uses a rigorous research methodology, which involves triangulation of data based on bottom-up and top-down approaches. The estimated market figures are then validated through primary research.
- Information on the size of the global market and the forecast for the various segments is derived by using the most reliable published sources as well interviews with relevant stakeholders.
Recent Industry Developments:
Amazon Inc. is a multinational conglomerate that has partnered with the digital printer manufacturer Kornit. This collaboration is a part a joint-venture between two companies called Print on Demand services. Amazon will invest US$400 million into the products and services provided by Kornit Digital as part of the collaboration.
The report covers the following manufacturers as top digital textile printing market size:
- Mimaki (Nagano, Japan)
- Kornit
- SPGPrints Boxmeer, Netherlands
- Konica Minolta (Tokyo, Japan)
- Atexco (Paris, France)
- Dover Corporation (MS Printing Solutions Srl) (Illinois, U.S.)
- MS Printing (Pertusella VA, Italy)
- Robustelli (Connecticut, U.S.)
- Kaiyuan District (Xi’an)
- SPG Prints B.V.
Digital Textile Printing Industry Report Scope [2023- 2028]
Report Title:Digital Textile Printing Market Size, Share & COVID-19 Impact Analysis, By Operation (Single Pass, and Multi Pass), By Application (Clothing and Apparel, Home Decor, Soft Signage, and Others) and Regional Forecast, 2021-2028
Digital Textile Printing Market Growth CAGR 10.1
Report CoverageEstimating and forecasting revenue, company profiles, the competitive landscape and growth factors.
Segments covered by:
- By Operation (USD million)
- By application (USD Millions)
- Clothing and Apparel
- Home Décor
- Soft Signage
- Other
- Geographical Distribution (USD Millions)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
The impact of COVID-19 in this market:
The COVID-19 pandemic outbreak has adversely affected various business sectors in the world. The governments have implemented various restrictions, such as lockdowns, social distances, and import and export bans, that have affected the production and distribution for a variety of goods and services. These were deemed non-essential. Many enterprises in the Digital Textile Printing Market were obliged to temporarily suspend operations due to the COVID-19 pandemic, in order to comply with new government rules aimed at preventing the disease’s spread. This pause in activities has a direct influence on the market’s revenue flow.
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Report Inclusions:
Market Overview The report includes an overview of the market and a scope of global Digital Textile Printing. The report provides a summary of its segmental analysis. The product, regional, and application segments are all highlighted. This chapter includes estimates of revenue and sales.
Competition: This section gives an overview of the current competitive situation and trends. It also provides information about the manufacturers.
Region-wise Sales Analysis: The report includes market statistics, revenue, sales and market share data for individual regions. It also provides information on the sales and growth rates, pricing, revenue and other estimates for each of the regional markets that have been studied.
Companies Profiles This section provides detailed information on financial and strategic data for some of the most prominent companies that operate in the Digital Textile Printing Market. This chapter also covers product specifications, portfolios and regional footprints.
QUESTIONS COMMONLY ASKED:
- How much did the global Digital Textile Printing Market value in 2020?
- What are the major players active on the market?
- What will the value of the global market be in 2028?
- What are key market drivers for the industry?
- What is the most popular application segment in the world?
- How fast is the global economy projected to grow?
Table of Contents: Major Points
Global Digital Textile Printing Research Report, 2023-2028, by Manufacturers, Regions, Types and Applications
- The following is a brief introduction to the topic:
- Study Objective
- Definition of a Market
- Market Scope
- Market Segmentation based on Type, Application and Marketing Channel
- Major regions covered (North America and Europe, Asia Pacific, Middle East and Africa, Mid East)
- Years to be Considered in the Study
- Currency Considered in Dollars
- Market Dynamics
- Driven factors for this market
- Factors that challenge the market
- Global Digital Textile Printing Market: Opportunities (Regions, Upstream Market Analysis of Growing/Emerging Markets)
- Digital Textile Printing Market: Technological and Market Trends
- Industry News by region
- Regulatory Scenario according to Region/Country
- Analysis of Market Investment Scenario Strategic Recommendations
- Value Chain Status
- Raw Material Analysis
- Midstream Major Company Analyses (by Manufacturing Base and Product Type)
- Distributors/Traders
- Analyse major customers downstream (by region).
- Global Digital Textile Printing Market Segmentation by Type
- Global Digital Textile Printing Market Segmentation by Application
- Global Digital Textile Printing Market-Segmentation according to Marketing Channel
- Competitive Intelligence Company profiles
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
- Global Digital Textile Printing Market Forecast 2023-2028 by Segment and Region
- Global Digital Textile Printing Market: Production and Growth Forecast by Type (2019-2028).
- Global Digital Textile Printing Market consumption and growth rate forecast by application (2023-2028).
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