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Aug 16, 2023

Growing Demand for Sustainable & On

The United States has emerged as a thriving textile sector, showcasing remarkable production and export growth. With cities such as New York, Los Angeles, and Miami hosting renowned fashion weeks and

The United States has emerged as a thriving textile sector, showcasing remarkable production and export growth. With cities such as New York, Los Angeles, and Miami hosting renowned fashion weeks and fostering an environment of creativity and innovation, the country has solidified its position as a global fashion design hub. Looking ahead, the United States Digital Textile Printer Market is projected to maintain a strong compound annual growth rate (CAGR) of 8.2% over the next decade.

NEWARK, Del, July 03, 2023 (GLOBE NEWSWIRE) -- As per Future Market Insights (FMI), the global digital textile printer market is estimated to reach US$ 2,212.9 million in 2023. Over the forecast period 2023 to 2033, global sales of digital textile printers are expected to rise at 9.8% CAGR. This is projected to take the total market valuation to US$ 5,304.3 million by 2033.

Growth in the market is driven by continuously changing fashion trends, a high need for advanced printing technologies, and increasing demand for customized & personalized home décor.

The market for custom textiles in the home décor and furnishing sector is experiencing rapid growth. Nowadays, people have a preference for fast fashion and exclusive products that can be customized and personalized according to their specific demands.

Customers are willing to pay premium prices and actively seek out platforms and brands that cater to their custom home décor needs. This trend is particularly evident due to the increasing purchasing power of Gen Z, who are more inclined towards online shopping.

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There is a strong demand for printed materials used in furniture. Consumers are increasingly looking for personalized and one-of-a-kind home furnishings, including curtains, upholstery fabrics, bedding, and cushions. This in turn is encouraging the adoption of digital textile printers.

Digital textile printers have emerged as ideal printing solutions, allowing for customization by enabling the printing of specific designs, patterns, colors, and even photographs on a wide range of home textile products. This capability to personalize is significantly fueling the demand for digital printing within the home interior market.

Consumers shift to online shopping is another key factor driving the global digital textile printing industry.

Today's consumers have elevated expectations, seeking pleasant and personalized shopping experiences, and affordable and high-quality clothing aligned with seasonal trends. Online shopping platforms fulfill these demands through attractive offerings, such as seasonal sales and diverse apparel selections.

The rising demand for fast fashion amplifies the importance of digital textile printers in the fashion sector, and the ongoing shift in customer preferences and choices towards online shopping is poised to further accelerate market growth.

Key Takeaways from this Market:

The global digital textile printer industry is expected to reach a valuation of US$ 5,304.3 million by 2033.

Based on ink, the pigment segment is forecast to expand at a CAGR of 11.1% through 2033.

By printing process, the direct-to-garment segment is expected to hold a market share of around 50.2% in 2023.

By end use, the clothing & apparel segment is projected to reach a valuation of US$ 3,474.0 million by 2033.

The United States digital textile market value is anticipated to reach US$ 568.0 million by 2033.

Digital textile printer demand in India is predicted to rise at 8.8% CAGR during the assessment period.

“Growing concerns over sustainability in the printing sector have led to the increasing demand for digital textile printers. Digital textile printers offer design flexibility and faster production rates. As a result, they are being widely used globally. Key companies are looking to develop advanced printing equipment to expand their customer base,” - says a lead analyst at FMI.

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Digital textile printing offers several advantages over traditional dyeing, starting with its ability to reduce waste and address the issue of water pollution caused by dyeing, which is known as the second leading global polluter of water.

Further, the agility & flexibility of digital production and textile printing allow manufacturers to efficiently handle both small boutique orders and large retail orders using the same equipment, making it an attractive option.

With a lower cost per print and the convenience of print-on-demand, fast production is possible, enabling profitability from orders of any quantity with just a single button push.

Digital textile printing provides designers with nearly limitless graphic and color capabilities, surpassing traditional printing technologies. This freedom allows designers to unleash their creativity and produce unique designs.

The benefits extend to the supply chain as well. Meeting production and shipping deadlines become easier with digital printing, thereby preventing overstocking. Designers can constantly produce new collections to keep up with ever-changing fashion trends, while customers can satisfy their desire for customized apparel, décor, and gift items.

Who is winning?

Seiko Epson Corporation, Kornit Digital Ltd., Durst Group Ag, Aeoon Technologies GmbH, J. Zimmer Maschinenbau GmbH, SPGPrints BV, Ricoh Company, Ltd, ATP COLOR S.R.L, Electronics For Imaging, Inc., DCC Group, MIMAKI ENGINEERING CO., LTD., Konica Minolta, Inc., Mutoh Holdings Co. Ltd., Dover Corporation, HP Inc., Brother International Corporation, and others are few of the prominent digital textile printer manufacturers profiled in the report. The Tier 1 players in the market hold 15% to 25% share in the digital textile printing industry.

Leading companies are focusing on developing new digital textile printing machines with enhanced features. Further, they are implementing various strategies including mergers, partnerships, acquisitions, etc. to gain profits. For instance,

In Dec 2022, Metro NXT, a high-quality and high-speed digital textile printer was launched by ColorJet Group at India ITME 2022.

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Global Market by Categorization:

By Printing Process:

Direct to Garment (DTG)

Dye-sublimation

Direct to Fabric (DTF)

By Ink:

Sublimation

Reactive

Acid

Disperse

Pigment

By Machine Type:

Single Pass Printer

Grand Format Printer

By Substrate:

Cotton

Silk

Rayon

Linen

Polyester

Polyamide

Wool

By Sales Channel:

Manufacturers (Direct Sales)

Distributors/Suppliers

By End Use:

Clothing & Apparels

T-shirts

Pants

Leggings

Caps

Sweatshirts

Hoodies

Shorts

Golf Shirts

Others (Jackets, Tie, etc.)

Household

Bed Linens

Carpets & Curtains

Others (Napkins, Towels, etc.)

Technical Textiles

Others (Flags & Banners, Décor, etc.)

By Region:

North America

Latin America

East Asia

South Asia & Pacific

Western Europe

Eastern Europe

Central Asia

Russia & Belarus

Balkan Countries

Baltic Countries

Middle East & Africa

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Digital Textile Printer Market Report Insights by FMI:

Future Market Insights (FMI), in its new report, offers an unbiased analysis of the digital textile printer market, analyzing historical demand from 2017 to 2022 and forecast statistics for 2023 to 2033.

The study reveals growth projections on the digital textile printer market based on the printing process (direct to garment, dye-sublimation, and direct to fabric), ink (sublimation, reactive, acid, disperse, and pigment), machine type (single pass printer, and grand format printer), substrate (cotton, silk, rayon, linen, polyester, polyamide, and wool), sales channel (manufacturer (direct sales), and distributors/suppliers), end use (clothing & apparels, household, technical textile, and others), and region.

About the Packaging Division at Future Market Insights (FMI):

The packaging division at Future Market Insights (FMI) provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analyzed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

Explore Trending Reports of Packaging domain:

Digital Printing Paper Market Size: Digital printing is one of the popular types of printing. In digital printing, a digital image or graphic content is directly sent to the digital printer for printing. Digital printing is done on digital printing paper. Digital printing is of different types such as flexography, the need for digital printing have several advantages such as brilliant, color copies, and best print results.

Digital Label Printing Market Outlook: Global digital label printing demand is anticipated to be valued at US$ 10,538.3 Million in 2022, forecast to grow at a CAGR of 5.3% to be valued at US$ 17,662.6 Million from 2022 to 2032. The growth of the Digital Label Printing Market is attributed to continuous developments witnessed in the textile industry across the globe.

Digital Printing Packaging Market Analysis: The demand for digital printing packaging is growing due to its capacity to produce short print runs economically. Printing on demand is helping to reduce waste which ensures that changes in new packaging and graphic designs would not result in unused stock. Significant technological developments in inkjet and electrophotography printing technologies indicate that digital printing is emerging as one of the most cost-effective as well as easily accessible methods for printing.

Oceania Digital Textile Printer Market Demand: Oceania digital textile printer industry is expected to experience a lucrative growth outlook during the forecast period. A new estimation predicts that Oceania digital textile printer sales will rise from 2023 to 2033 and is projected to generate an attractive incremental growth opportunity of US$ 51.5 million.

Printed Boxes Market Share: According to the study, the global printed boxes market is projected to expand 1.7x the current market value during the forecast period (2022 to 2032). Based on material type, the demand for paper printed boxes will accelerate at a CAGR of 5.2% due to benefits such as biodegradability, lightweight, reusable, etc.

Printed Plastic Films Market Growth: The printed plastic films market sales totaled US$ 4.7 Billion in 2021. In terms of material, the sales of polyethylene (PE) printed films will accelerate at a robust pace during the forecast period (2022 to 2032). Top 5 companies in the printed plastic films market held 15-20% of the market share in 2021, opines FMI.

Printing Paper Market Value: As per Future Market Insights, the printing paper market is anticipated to attain a value pool of US 55 Billion by 2022 end. Over the projected timeframe from 2022 to 2032, a CAGR of 5.6% is projected for the market for printing paper. By the end of the assessment period, the global market is forecasted to reach a market valuation of US$ 95 Billion.

Printing Machinery Market Volume: The advantage over the usage of digital printers has increased exponentially because of its various advantages over conventional printing technology. Digital printers are also preferred due to their capability of printing on a substrate. The trend of substrate printing on aluminum, glass, wood, etc. is projected to create an opportunity for non-label printing options in the future.

Printing Plate Market Innovation: The printing industry has witnessed to evolve, and manufacturers are innovating to keep up with the changes to sustain in the dynamic market. The improvements such as better print quality and faster drying times are combined with innovations in printing plate technology that not only improve the chemical resistance of the printing plate on press, it helps printers reduce developer consumption.

Kraft Paper Machine Market Sales: Kraft paper mill machines include the Kraft fiber line system to manufacture pulp from wood fibers or recycled papers. This pulp is used to produce kraft papers and other kraft paper products like paper cups, paper plates, decorative articles, and so on. The pulp line machinery includes pulping machines, pulp cleaning machines, pulp thickeners, pulp screening machines, agitators, refiners, screen baskets, de-fiber machines

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

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