Dye-sublimation Printing Market 2021 by Size, Revenue, Trend and Top Growing Companies: SEIKO EPSON Corporation, Roland DGA Corporation, Sawgrass Inc., Mitsubishi Electric Corporation, Mimaki Engineering Co. Ltd, etc

The “Dye-sublimation Printing Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.

The dye-sublimation market (henceforth, referred to as the market studied) was valued at USD 8110.0 million in 2019, and it is expected to reach a value of USD 14235 million by 2025, registering a CAGR of 10.7% during 2020 to 2025.

The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Dye-sublimation Printing market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Dye-sublimation Printing Market: SEIKO EPSON Corporation, Roland DGA Corporation, Sawgrass Inc., Mitsubishi Electric Corporation, Mimaki Engineering Co. Ltd, etc.

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Industry News and Developments:

- Feb 2020 - Agfa opened a new state-of-the-art center for offset technology at its Wilmington, Mass location. The Technical Competence Center (TCC) is a fully-equipped lab that features its integrated prepress and pressroom solutions to demonstrate numerous high-performance commercial, packaging, newspaper, and UV printing applications and also offers sustainable benefits. It is designed to provide a library of application knowledge and provide quality customer support for Agfa systems and new product introductions.

- Jan 2020 - Mutoh expanded its small format flatbed printer product line. The XPJ-461UF and XPJ-661UF printers respond to the increasing demand for added value personalized prints and bespoke small-lot production of commercial and industrial print applications.

Key Market Trends

Household Segment is Expected to Drive the Market

- The scope of the applications of dye-sublimation covered under the study includes curtains, carpets, wall coverings, upholstery, etc. used for household purposes. Residential constructions account for a substantial market share in this segmental market and are expected to drive significant growth for the market studied during the forecast period.

- Various factors that are significantly driving the demand for the applications mentioned include the rapid rise in urbanization and an increase in disposable income. This has been responsible for a historic transformation of human social roots, by predominantly replacing the rural culture, on a global scale.

- Dye-sublimation printing is preferred in household textile, such as curtain manufacturing. Printers used for these are expected to witness increased demand owing to the usage of printed fabrics in the home textiles segment. The demand for such materials is expanding globally. For instance, according to Fibre2Fashion, the Chinese home textile market size is expected to reach USD 42 billion by 2020._

- However, the demand for wall covering products has been steadily declining over the last few years. This is primarily attributed to the difficulty involved during the removal of an existing wallpaper. This tedious task requires the right tools, such as stripping tools and also chemicals. However, such an act could damage the integrity and appeal of the wall.

Asia-Pacific Region to Witness Highest Growth

- The Asia-Pacific is expected to witness significant growth in revenue due to the increasing consumption of printed clothing in India, Japan, Indonesia, China, and Thailand. Besides, the rising adoption of digital fabric printing in China and India is anticipated to boost the market growth in the region. _

- Increasing sales volume of clothing goods and apparel through e-commerce portals in India, Thailand, China, and Bangladesh is expected to boost industry growth. Also, favorable government regulations in India and China to promote investment in fabric manufacturing and printing are anticipated to complement market growth._

- Further, the region has Bangladesh, a country that has gained a significant focus on Asians and other international garment manufacturers who set up factories under joint ventures as the former is a competitive destination to relocate plants due to the rising production costs the countries of their origin. Various textile producers, such as the Chinese, have also targeted Vietnam and Cambodia for investments in textile industries.

- Moreover, the region has India, which has been a significant contributor to the market studied. According to the IBEF, the Indian textile sector is one of the oldest industries in the economy and is expected to reach USD 250 billion in 2019. The trend of digital printing is catching up in India, as customers are looking for short runs and faster turnaround time. According to HP India, increasing demand from various end-user customers, such as textiles, may further improve digital printing's power to provide innovative results.

For a comprehensive understanding of market dynamics, the global Dye-sublimation Printing market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Influence of the Dye-sublimation Printing market report:

-Comprehensive assessment of all opportunities and risks in the Dye-sublimation Printing market.

–Dye-sublimation Printing market recent innovations and major events.

-Detailed study of business strategies for growth of the Dye-sublimation Printing market-leading players.

-Conclusive study about the growth plot of Dye-sublimation Printing market for forthcoming years.

-In-depth understanding of Dye-sublimation Printing market-particular drivers, constraints, and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Dye-sublimation Printing market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Dye-sublimation Printing Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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