Digital Inkjet Printing on Textiles Global Market Size For - District of Columbia - Washington DC ID1548632

Digital textile printing is a method where colorful designs are embossed on a variety of fabrics using digital ink-jet printing technology, i.e., any design can be easily and accurately printed on fabrics. Digital textile printing is one of the most promising developments in the textile industry. Maintaining the design quality, digital textile printing has opened the door to many possibilities to meet the growing demand for textile printing. This printing technique does not require any screens and there are no color limitations. Digital printing is also the ideal technology for printing 3D designs. Using this technique can be printed on fabrics, and also printed directly on garments like t-shirt, shirt, jeans etc.

According to the new market research report "Global Digital Ink-jet Printing on Textiles Market Report 2023-2029", published by QYResearch, the global Digital Ink-jet Printing on Textiles market size in terms of revenue is projected to reach 735.57 Million USD by 2029 from 530.21 Million USD in 2022, with a CAGR 5.2% during 2023-2029.

This report profiles key players of Digital Ink-jet Printing on Textiles such as Kornit Digital, Atexco, Dover, EFI and MIMAKI.

In 2022, the global top five Digital Ink-jet Printing on Textiles players account for 57.45% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Digital Ink-jet Printing on Textiles.

Market Drivers:

1.Textile business is very seasonal and the need to retain employees bears a heavy financial burden.The move to digital printing can reduce the need for manpower and allow for a more flexible cost structure.

2.With the improvement of equipment stability and printing efficiency and the decline in the cost of ink and other consumables, the replacement of traditional printing methods by digital printing has gradually accelerated.

3.The cost of environmental protection continues to rise, and the replacement of traditional printing methods by relatively environmentally friendly digital printing has been accelerated, which in turn drives the industry more fast development.

Restraints:

1.Th e price of raw materials has risen,

2.Supply chain risks due to disasters and geopolitical factors.

3.A global economic slowdown would result not only in the reduction in demand for the Textile .

Opportunities:

1 .Direct-to-fabric printing is gaining popularity due to its efficiency, reduced environmental impact, and versatility.

2.Digital textile printing equipment manufacturers are increasingly integrating Industry 4.0 technologies, to increase efficiency, improve quality control, and reduce costs.

3.Consumers are demanding customized and personalized textiles, and digital textile printing equipment is enabling manufacturers to meet this demand. With digital printing, manufacturers can easily produce small runs of customized textiles, providing greater flexibility and reducing waste.

4.Ink manufacturers are continuously developing new, advanced ink formulations for digital textile printing. These new inks offer better color gamut, faster drying times, improved wash fastness, and reduced environmental impact.

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