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Digital Textile Printing Market Set for Explosive Growth: Trends, Innovations, and Projections to 2034

12-09-2024 04:05 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Inisights

Digital Textile Printing Market, Digital Textile Printing Market Size, Digital Textile Printing Market Share

Digital Textile Printing Market, Digital Textile Printing Market Size, Digital Textile Printing Market Share

The digital textile printing market is set to experience significant growth, with projections indicating a rise from USD 2,989.6 million in 2024 to USD 8,897.3 million by 2034, expanding at a robust CAGR of 12.1% during the forecast period.

One of the major factors contributing to the growth of the market is the growth in textile digitalization platforms. The emergence of digital platforms that facilitate the creation, sharing, and sale of digital textile designs is opening new avenues for designers and manufacturers to connect and collaborate.

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Integration of augmented reality in the textile design process is becoming a trend, allowing designers and customers to visualize and experience the final product before production. Supportive government initiatives and regulations promoting sustainable practices and digital technologies in the textile industry are driving the adoption of digital textile printing.

Ongoing developments in digital printing inks, including advancements in water based, pigment, and reactive inks, are improving color vibrancy, durability, and compatibility with various textile materials. Integration of Industry 4.0 technologies, such as IoT, AI, and data analytics, is enhancing the efficiency and automation of digital textile printing processes.

Increased collaborations between digital printing technology providers, textile manufacturers, and fashion brands are fostering innovation and expanding the market reach of digital textile printing. Within digital textile printing, the direct to garment printing segment is gaining popularity, especially in the apparel industry, due to its ability to print directly onto garments with high quality results.

Some governments are promoting the adoption of advanced technologies in the textile industry, including digital printing, through incentives, subsidies, and supportive policies. Digital textile printing is gaining traction in the home decor sector, with applications in the production of customized curtains, upholstery, bed linens, and other interior furnishings.

Key Market Trends and Developments

Innovative Ink Formulations Driving Print Quality:
Ongoing advancements in ink technologies, such as water-based, pigment, and dye sublimation inks, are enhancing the color vibrancy, durability, and overall quality of prints. These improvements are playing a critical role in meeting the evolving demands of the textile printing industry.
Integration of Industry 4.0:
The adoption of Industry 4.0 principles, such as automation, data exchange, and the Internet of Things (IoT), is revolutionizing digital textile printing. These innovations are increasing production efficiency, reducing errors, and enabling smarter, more streamlined workflows that help manufacturers meet fast-paced market demands.
Collaborations Between Key Industry Players:
Increased partnerships between technology providers, textile manufacturers, and fashion brands are accelerating innovation and expanding the potential applications of digital textile printing. These collaborations are paving the way for new business models and opportunities across diverse industries.
Growth of Direct-to-Garment (DTG) Printing:
Direct-to-garment (DTG) printing is gaining traction, particularly within the apparel industry, as it allows for high-quality, detailed prints directly onto garments. This technology is increasingly favored for its versatility, speed, and ability to deliver customization at scale, especially in the fashion and retail sectors.

Key Takeaways from the Market Study

From 2019 to 2023, the market demand expanded at a CAGR of 4.1%.
The market in India is expected to expand at a CAGR of 14.9% through 2034.
By printing process, the direct to fabric segment to account for a market share of 47.8% in 2024.
From 2024 to 2034, digital textile printing market is expected to flourish at a CAGR of 12.1%.
By 2034, the market value of digital textile printing is expected to reach USD 8,897.3 million.

"The exploration of 3D printing technologies in combination with digital textile printing allow for the creation of innovative, textured fabrics and intricate designs with a three dimensional aspect," says Ismail Sutaria (Lead Consultant, Packaging and Materials).
Access Full Report: https://www.futuremarketinsights.com/reports/digital-textile-printing-market

Competitive Landscape

Prominent players in the digital textile printing market are:

Seiko Epson
Mimaki Engineering
Kornit Digital
D. Gen
RolandDG Corporation
Dover Corporation
Konica Minolta
Brother Industries

Recent Development

In 2022, Japan based Mimaki Engineering Co., Ltd., a renowned manufacturer of Eco solvent technology, expanded its product portfolio with the introduction of two new high performance textile printers. The JV330 130/160 and the CJV330 130/160 join the existing line of inkjet printers and cutting systems of the company, highlighting the commitment of Mimaki to innovation in the field of textile printing.

Segmentation Analysis of the Digital Textile Printing Market

By Printing Process:

Direct To Garment
Dye Sublimation
Direct To Fabric

By Ink:

Sublimation
Reactive
Acid
Direct Disperse
Pigment

By Substrate:

Digital Cotton Printing
Digital Silk Printing
Digital Rayon Printing
Digital Linen Printing
Digital Polyester Printing
Others

By End Use:

Clothing
Households
Displays
Technical Textiles

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
The Middle East and Africa

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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