Press release
Digital Textile Printing Equipment Market 2021 Trends, Share, Size, Growth, Opportunity and Forecast to 2028
Digital Textile Printing Equipment Market 2021-2028The global market of digital textile printing equipment is estimated to be valued at US$ 563.0 Mn in 2018 and is further projected to grow at a value CAGR of 14.9% and attain a value of US$ 2,255.4 Mn by the end of the forecast period. Moreover, the digital textile printing equipment market is expected to create an incremental $ opportunity of US$ 1,692.4 Mn between 2018 and 2028.
Persistence Market Research (PMR) has released a new market study titled “Digital Textile Printing Equipment Market: Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028”. The scope of study includes a deep-dive analysis of the global digital textile printing equipment market for the next ten years. The report on the digital textile printing equipment market evaluates the dynamics along with key macroeconomic factors. It also discusses the trends in the global digital textile printing equipment market as well as analyses opportunities across the value chain of the digital textile printing equipment market.
Request for Free Sample Report of “Digital Textile Printing Equipment” Market @https://www.persistencemarketresearch.com/samples/27313
Key Players:
The report has profiled some of the Important players prevalent in the global like – Roland DGA Corporation, Seiko Epson Corporation, DCC Print Vision LLP, MIMAKI ENGINEERING CO.,LTD, Kornit Digital Ltd, Konica Minolota, Mutoh Holding, Dover Corporation, Shenzhen HOMER Textile Tech Co., Ltd., SPGPrints B.V., and Electronics for Imaging (EFI), Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Digital Textile Printing Equipment.
East Asia Digital Textile Printing Market to Remain Attractive With a CAGR of 20.3%
The future outlook of the digital textile printing equipment market is expected to remain lucrative, owing to the healthy growth of the textile industry in various regions. The textile industry is a prominent industry in terms of historical growth outlook. Further, it is anticipated to grow with a similar growth pattern during the forecast period. Europe is estimated to dominate the global digital textile printing market in terms of revenue in 2018, and the trend is projected to continue throughout the forecast period. Further, the East Asia digital textile printing market is pegged to be attractive, with a CAGR of 20.3% over the forecast period. Additionally, China, India and Bangladesh are three emerging countries in the market witnessing healthy growth in terms of investments and adoption rate of digital textile printing equipment.
Need for Mass Personalization to Drive Demand for Digital Textile Printing
Digital textile printing enables precise reproductions irrespective of design complexity. It also allows flexibility in production setting, and optimization of economic and environmental impact. These advantages facilitate the move from mass production to mass personalization and, in turn, are expected to propel the demand for digital textile printing equipment in the future.
Digital textile printing equipment reduce textile waste as well as power consumption. Further, water wastage and ink consumption are also reduced by the use of digital textile printing equipment.
Direct to Garment Segment and Sublimation Segment to Remain Attractive on Basis of Printing Type and Consumable Ink, Respectively
By printing type, the direct to garment segment is pegged to be lucrative in the global digital textile printing equipment market and account for significant demand over the forecast period. This can be attributed to the growing penetration of customer-specific product offerings in the digital textile printing equipment market. The segment is projected to grow at a value CAGR of 16.7% and reach a value of US$ 1,114.2 Mn by the end of 2028.
By consumable ink, the sublimation segment is projected to hold a prominent share in the global market for digital textile printing equipment, owing to the enhanced quality of the printed products and longer log life. Sublimation can only be used with polyester, which limits its usage for other materials. The segment is expected to create a total incremental $ opportunity of US$ 1,068.8 Mn in the global digital textile printing equipment market by the end of 2028.
Complete Report Details@https://www.persistencemarketresearch.com/market-research/digital-textile-printing-equipment-market.asp
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Digital Textile Printing Equipment Market Manufacturers
Digital Textile Printing Equipment Market Distributors/Traders/Wholesalers
Digital Textile Printing Equipment Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
Major Highlights of the Digital Textile Printing Equipment Market Report:
The Digital Textile Printing Equipment Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Digital Textile Printing Equipment Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
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Media Contact:
Persistence Market Research
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Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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