Press release
Brazil's Digital Textile Printing Market to Attain a Valuation of USD 75.25 Million By 2030 | Infinium Global Research
The Digital Textile Printing Market in Brazil is experiencing substantial growth, driven by technological advancements and widespread adoption. The market, valued at USD 29.37 million in 2022, is projected to grow significantly, reaching USD 75.25 million by 2030, with a robust compound annual growth rate (CAGR) of 12.62% during the forecast period.To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/brazil/sample-request/18431
Technological Advancements Fuel Market Growth
The advancement and development of new technology have been instrumental in propelling the digital textile printing market in Brazil. Many players in the industry are actively engaged in the development of innovative products and the enhancement of printing technology, which are expected to drive market growth.
In August 2022, Gallus unveiled the Gallus One press, a new addition to its label press portfolio. The Gallus One is a 340-mm wide roll-to-roll UV inkjet digital inline label press capable of running at a maximum speed of 70 meters per minute at 1,200 dpi in four colors and white.
Additionally, in November 2022, Xaar, a leading inkjet printing technology group, launched the Xaar Aquinox. This technology delivers exceptional reliability, creativity, and sustainability for printing aqueous fluids. It introduces a revolutionary aQ Power Technology that transforms the industrial printhead's ability to jet water-based fluids reliably.
Furthermore, in March 2022, Mimaki Europe introduced the 330 Series, a brand-new large format inkjet printer series, along with a range of CG-AR cutting plotters. These innovations cater to various industries, including sewage treatment, food, tunnel construction, paper and pulp, cement, chemical, petrochemical, and aquaculture.
Ricoh Company, Ltd. also played a role in advancing the industry by introducing three new industrial-grade inkjet printheads in March 2022: RICOH MH5422, RICOH MH5442, and RICOH MH5422 Type A. These printheads serve as crucial components in digital printing systems, available for purchase worldwide.
The continuous development of new technology in digital printing is contributing significantly to the market's growth.
High Adoption of Digital Printing in Brazil
Brazil's textile industry has rapidly embraced digital printing due to its numerous advantages. Digital printing enables the creation of smaller, customized batches with high speed, profitability, and sustainability. The textile industry in Brazil is making significant investments in digital printing equipment to meet customer demands efficiently.
The fast-fashion trend, characterized by continuously changing consumer preferences, necessitates smaller batch production and frequent collection changes. Digital printing accommodates these requirements and offers higher margins for each marketed piece. Designers and manufacturers in Brazil are constantly introducing innovative printing designs, further attracting consumers.
Renowned fashion designers like Alexander McQueen, Mary Katrantzou, and Erdem Moralioglu have embraced digital prints, showcasing diverse patterns ranging from abstract designs to graphic paintings. These developments have made digital prints highly sought-after in the fashion industry.
Growing Population and Advantages of Digital Printing
Brazil's growing population, coupled with the numerous benefits of digital printing, is contributing to the market's growth. The country's economy has witnessed significant expansion, leading to increased demand for high-quality textiles.
Digital printing technology offers several advantages, including freedom from color and repeat size restrictions, fast and precise printing capabilities, and the ability to produce small print runs as needed. It also safeguards fashion designers from design theft by enabling quick and efficient printing, reducing the risk of unauthorized duplication before product release.
Brazil's textile sector is capitalizing on the latest technology to offer innovative products to customers, including customized designs and shorter lead times.
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Market Segmentation
The report on Brazil's digital textile printing market covers various segments, including printing process, material, ink type, and application:
- By Printing Process: Direct to fabric and direct to garment.
- By Material: Cotton, silk, polyester, and others.
- By Ink Type: Sublimation, pigment, reactive, acid, and others.
- By Application: Clothing/apparel, home décor, soft signage, and industrial.
Table of Contents
1. Report Overview
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
3. Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
3.3. PEST-Analysis
3.4. Porter's Diamond Model for Brazil Digital Textile Printing Market
3.5. IGR-Growth Matrix Analysis
3.6. Competitive Landscape in Brazil Digital Textile Printing Market
4. Brazil Digital Textile Printing Market by Printing Process
4.1. Roll to Roll
4.2. DTG
5. Brazil Digital Textile Printing Market by Ink Type
5.1. DTG
5.2. Pigment
5.3. Reactive
5.4. Acid
5.5. Others
6. Brazil Digital Textile Printing Market by Application
6.1. Textile and Decor
6.2. Industrial
6.3. Soft Signage
6.4. Direct to Garment
7. Brazil Digital Textile Printing Market by Material
7.1 Silk
7.2 Polyester
7.3 Others
In conclusion, Brazil's digital textile printing market is poised for remarkable growth, driven by technological advancements, high adoption rates, and the country's growing population. The digital textile printing sector offers numerous opportunities for innovation and expansion.
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Reasons to Buy this Report:
=> Comprehensive analysis of regional markets of Brazil's digital textile printing.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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