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Digital Textile Printing - Global Market Trajectory & Analytics

  • ID: 4804794
  • Report
  • September 2020
  • Region: Global
  • 383 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Aeoon Technologies Gmbh
  • Atpcolor Srl
  • Colorjet Group
  • Dover Corporation
  • Electronics For Imaging
  • Kornit Digital
  • MORE
Massive Losses in the Textile Industry Forces a US$230Million Erosion in Market Value for Digital Textile Printing

The global market for Digital Textile Printing is projected to reach a revised US$3 billion by the year 2027 after a US$230 million erosion in market value in the year 2020.Akin to other consumer industries, global textile industry represents one of the worst affected industries due to the pandemic. Having experienced rapid growth because of accelerated globalization resulting from the economic slowdown of 2008, these industries not only employ millions of workers, but also support some of the most fragile economies in the world. The pandemic continues to have a major impact on the textiles industry in terms of logistics interruptions, increased costs, absent workforce and reduced inventory and supply. Because of the lockdowns, investments on textiles, garments, and apparel remain sluggish and the scenario is likely to continue through the second half of the current year, while pointing towards a negative overall growth for the year 2020. Delays and disruptions in production, exports and imports also wield considerable impact on the textile industry. China has suffered billions in export losses in the fashion's supply chain. Fashion stocks have plummeted to never before seen depths. International fashion programs, events & shows have all been cancelled. Retail stores have all stuttered sending fashion giants into massive losses. As stores reopen, the recession & low consumer confidence will make for a bumpy road to recovery. Against this backdrop, for financial year 2020, there is no recovery in sight for investments in manufacturing technologies including digital textile printing.

In the post COVID-19 period, the versatile benefits of digital textile printing over conventional printing methods will help bring back growth opportunities. Digital printing offers a number of benefits over traditional printing such as efficient set-up as well as speed, cost-effectiveness, shorter lead times, improved design aesthetics, customization options, workflow efficiencies, cost reduction and flexibility. With digital printing technology, computerized alterations facilitate instant sampling and proofing of the designs due to which less time is required for obtaining the desired output. Digital printing can be implemented on a one-meter cloth, which implies there is no restriction on volume of cloth, allowing designers to maintain exclusivity of their designs. With the digital textile printing technology, a range of printed fabrics made with silk, polyester, and cotton, among others can be made available to the consumers. Digital printing offers designers with unlimited opportunity to create colored textiles. Growth will also be fueled by digital technology's ability to print intricate designs over polyester and silk. Increasing desire of larger brands and retailers to cut down risk is driving growth in the digital textile printing market. Typically, retailers and big brands invest in around 10-20 designs, particularly for home décor and fashion products, which can generate interest among buyers during a specific season. By using digital workflow processes, players can maintain a larger range of options, thus lowering risk associated with unused and unsold products. With the development of high-speed and high-quality printing systems, companies can also reduce time-to-market. The technology also facilitates a shift from printing to be taken up in larger production units towards printing at smaller and cottage industries that focus on specialty printing applications.

Competitors identified in this market include, among others:
  • Aeoon Technologies GmbH
  • Agfa Graphics
  • Atexco (Hangzhou Honghua Digital Technology Stock Co., Ltd.)
  • ATPColor Srl
  • Brother Industries Ltd.
  • Colorjet Group
  • D.Gen, Inc.
  • Dover Corporation
  • Durst Phototechnik AG
  • Electronics For Imaging, Inc.
  • Hollanders Printing Systems
  • Konica Minolta, Inc.
  • Kornit Digital Ltd.
  • Mimaki Engineering Co., Ltd.
  • Mutoh Belgium
  • Ricoh Co., Ltd.
  • Roland Corporation
  • Seiko Epson Corporation
  • Shenzhen HOMER Textile Tech Co., Ltd.
  • SPGPrints BV
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aeoon Technologies Gmbh
  • Atpcolor Srl
  • Colorjet Group
  • Dover Corporation
  • Electronics For Imaging
  • Kornit Digital
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • EXHIBIT 1: US Consumer % Change in Retail Spending on Apparel: Feb 2020-May 2020
  • Digital Textile Printing: A Prelude
  • Versatile Benefits of Digital Textile Printing Over Conventional Printing Methods Boosts Market Prospects
  • Advantages of Digital Textile Printing in a Nut Shell
  • Digital Textile Printing Vs Conventional Screen Printing
  • Comparison of Different Parameters for Conventional and Digital Printing
  • EXHIBIT 2: Comparison of Cost (in $ per Lineal Yard) for Rotary Printing and High Speed Digital Printing
  • Outlook
  • Changing Textile Printing Landscape Influence Growth
  • Growing Demand for Direct-to-Garment Printing
  • Asia-Pacific Spearheads Growth in Digital Textile Printing Market
  • Roll To Roll Printing Accounts for Major Share
  • Analysis by Ink Type
  • Factors Hampering Growth
  • M&A Activity Paves Way for Improved Growth in Digital Textile Printing Market
  • Recent Market Activity
  • World Brands
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • 3D Software and Digital Textile Printing Innovations Revolutionize Fashion Sampling
  • Recent Notable Digital Textile Printing Innovations
  • Technological Advancements Encourage Traditional Textile Manufacturers to Adopt Digital Textile Printing
  • Select Recent Product Developments
  • High Speed Systems Transform Digital Printing Market
  • Fashion Industry Stimulates Adoption of Wide Format Textile Printers
  • Digital Textile Printing in Home Textiles Market: Opportunities Galore
  • Soft Signage: High-Growth Segment in Digital Textile Printing Market
  • Flag Printing: Favorable Growth Opportunities
  • Furniture Market Offers Strong Growth Potential for Digital Printing
  • Dye Sublimation Printing: Ideal for Soft Signage & Home Décor
  • Through-Print Textile Printing: A Challenge for Digital Printers
  • Polyester: The Fabric of Choice for Digital Printing
  • Popularity of Fabrics Used in Various Markets
  • Millenials: A Strong Influencing Demographic
  • eCommerce Emerges as New Growth Driver
  • EXHIBIT 3: World E-commerce Revenues in US$ Trillion: 2017-2024
  • Retail Sprawl in the Thriving Urban Territories and Increasing Middle Class Affluence: A Strong Growth Driver
  • EXHIBIT 4: Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
  • Market Overview
  • Market Analytics
  • CANADA
  • JAPAN
  • CHINA
  • Market Overview
  • Digital Textile Printing Industry in China
  • Market Analytics
  • EUROPE
  • Market Overview
  • Digital Textile Printing Holds Strong Growth Potential
  • EXHIBIT 5: European Printed Textiles Market Breakdown by Type (Analog Vs Digital): 2019
  • Market Analytics
  • FRANCE
  • GERMANY
  • ITALY
  • Market Overview
  • Market Analytics
  • UNITED KINGDOM
  • Soft Signage & Display Printing: Opportunities for Growth
  • Market Analytics
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Market Overview
  • Market Analytics
  • AUSTRALIA
  • INDIA
  • An Overview of India’s Textile Industry
  • Digital Textile Printing Drives Growth Prospects
  • Market Analytics
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • AFRICA
  • Market Overview
  • Market Analytics
IV. COMPETITION
  • Total Companies Profiled: 36
Note: Product cover images may vary from those shown
  • Atpcolor Srl
  • Aeoon Technologies Gmbh
  • Agfa Graphics
  • Atexco (Hangzhou Honghua Digital Technology Stock Co., Ltd.)
  • Brother Industries
  • Colorjet Group
  • D.Gen
  • Dover Corporation
  • Durst Phototechnik Ag
  • Electronics For Imaging
  • Hollanders Printing Systems
  • Konica Minolta
  • Kornit Digital
  • Mimaki Engineering
  • Mutoh Belgium
  • Ricoh
  • Roland Corporation
  • Seiko Epson Corporation
  • Spgprints Bv
  • Shenzhen Homer Textile Tech
Note: Product cover images may vary from those shown
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