Digital Textile Printing Expected To Drive The Global Textile Printing Machine Market To $13.9 Bn By 2025
Image Courtesy of Kornit Digital
The Global Textile Printing Machine market size is expected to reach $13,988 million by 2025 from $9,201 million in 2017, growing at a CAGR of 5.5% from 2018 to 2025 (Market Reports World).
Driving this will be the growth of The Global Market for Digital Textile Printing Machines, which is expected to reach US$ 3.3Bn by 2026 from US$ 1.85Bn in 2017 at CAGR of 7.5% (Maximise Market Research).
Increase in usage of digital textile printing, development in fashion trends, and rise in demand for technical textile are expected to drive the growth of the global textile printing machine market
Companies such as Kornit Digital Ltd. and Electronics for Imaging Inc. are some of the leading players in the supply of global textile printing machines
The Digital Textile printing machine is an electronic machine, which is used to print various embellished designs, styles, and patterns using inks onto fabrics such as cotton, silk, wool, polyester, and other materials. .
Global digital textile printing machine market is segmented by process type, ink type, substrate, printing process, application and region.
Process type segregated by direct to garment (DTG), direct to fabric (DTF).
Ink type is classified as sublimation, pigment, reactive, acid.
Substrate is split into cotton, silk, and polyester.
Application are classified as clothing & apparel, home furnishing, and advertisement.
Region-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
It is worthy of note that In spite of the slowdown in world economic growth, the Textile Digital Printing Machine industry has suffered a certain impact, but has still maintained a relatively healthy growth.
In addition, various technological advancements in the hybrid and digital textile printing machines are expected to provide lucrative opportunities for the market growth in the years to come.
