Press release
Digital Textile Printing Equipment Market to witness steady growth at 14.9% CAGR by 2028
The global market of digital textile printing equipment is expected to attain a value of US$ 2,255.4 Mn by the end of the forecast period, growing at a CAGR of 14.9% between 2018 and 2028.This PMR study offers a detailed ten-year analysis and opportunity assessment for the global digital textile printing equipment market for the period between 2018 and 2028. For this study, we have considered 2017 as the base year while market numbers have been estimated for 2018 and projections have been made for the period 2018 to 2028. The CAGR (Compound Average Growth Rate), in terms of both volume and value, has been represented from 2018 to 2028.
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In this study on the digital textile printing equipment market, various perspectives such as market dynamics, competition analysis, pricing and value chain analysis, regional and segmental growth, macro-economic and industry growth analysis, emerging country growth analysis and segment-level projections have been discussed in a comprehensive manner.
After a detailed study of the global digital textile printing equipment market and analysis of the perspectives of industry participants, it has been concluded that the global digital textile printing equipment market is expected to grow at a value CAGR of 14.9% during the forecast period. The future outlook of the digital textile printing equipment market is expected to remain lucrative, owing to the healthy growth of the textile industry of various regions.
The textile industry is a prominent industry in terms of historical growth outlook and is further expected to grow with a similar pattern during the forecast period. Moreover, Europe is expected to be a prominent region in the global digital textile printing market in terms of revenue in 2018. The East Asia digital textile printing market is pegged to be relatively attractive with a CAGR of 20.3% during the forecast period.
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This report on the digital textile printing equipment market analyses the market at a regional and global level through various segments on the basis of key parameters such as printing type, consumable ink, application, fabric, sales channel and region. The main objective of this report is to provide key insights regarding ongoing trends, competition positioning, growth rate, market potential and other such relevant information and statistics in an appropriate manner to the buyers or various stakeholders in the global digital textile printing equipment market.
In this report on the global digital textile printing equipment market, all the sections have been structured in a systematic way to allow the readers to develop a detailed understanding of the global digital textile printing equipment market. This report on the digital textile printing equipment market begins with the executive summary of the report, which is followed by the market introduction, market dynamics, market background and market analysis by key segments at a global level.
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Further, regional analysis and competition landscape have also been included under the scope of the report. Each section covers qualitative and quantitative assessment of the digital textile printing equipment market on the basis of current developments, historical developments, trends and key opinions gathered through primary interviews with industry participants.
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Expert analysis, actionable insights, and strategic recommendations - the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.
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