Global Digital Textile Printing Inks Market Company Share, Industry Size, Strategies and Forecast to 2030

Inkwood Research estimates that the Global Digital Textile Printing Inks Market is evaluated to record a CAGR of 6.84% in terms of revenue and 8.61% in terms of volume during the forecasting years of 2021-2028.
"Browse 51 Market Data Tables and 40 Figures spread over 86 Pages, along with an in-depth TOC on the Global Digital Textile Printing Inks Market Forecast 2021-2028."

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Digital textile printing entails the ink-jet based methods of printing colorants, on to the fabric material. Moreover, digital textile printing inks are categorized into several types, such as, acid, dispersed pigment, and reactive.

Advancements in Printing Methods Propel Market Growth
Several textile printing methods, including direct print, discharge print, resist print, pigment print, and specialty print, are developing, and cater to the growing need for digital textile printing, worldwide. With the development of dye-sublimation, it is now viable to print with low-energy sublimation inks as well as high-energy disperse inks directly on to textile media, through the process of heat. Besides, the rising investments in research and development endeavors for developing innovative methods of digital textile printing, integrated with the surge in per capita disposable income, mainly in emerging countries, like Indonesia, India, Russia, Poland, and China, play an essential role in driving the market growth. As a result, the advancements in printing methods are projected to propel market growth, over the forecast period.
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Display dominated the Application Category in 2020
Display, in addition to other products, include, pop-up displays, flags, posters, banners, and window displays. Soft signage entails the signage on flexible woven materials or fabrics. Likewise, digital printed soft signage utilized substrates, like, lycra, spandex, and polyester. On the other hand, digitally printed textile displays are being rapidly used across trade show exhibitions, owing to their benefits, such as, the aesthetic appeal of fabric, especially over hard surfaces, the high quality of color, and the ease in assembling.

North America Set to Lead the Global Market
The demand for digital textile printing inks in North America mainly arises from sectors like the fashion and sportswear industry. Moreover, garment manufacturers based in the United States are predominantly reliant on countries across the Asia Pacific for textile raw materials, including, fabrics, yarn, and basic chemicals. This factor plays a crucial role in facilitating market growth in North America. However, due to the COVID-19 pandemic, the overall supply chain has been negatively impacted.
The garment market is highly fragmented, due to the extensive presence of companies. Moreover, cost-effective manufacturing and the development of new products are anticipated to remain the critical success factors for market players. As a result, industrial rivalry is projected to be moderate over the forecast period. Some of the prominent companies operating in the market include, BASF SE, Sawgrass Technologies, The DyStar Group, Dover Corporation, Sensient Technologies Corporation, etc.

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