Digital Textile Printing Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

Increasing Digitalization Across The Printing And Textile Industry Is Driving The Digital Textile Printing Market

Globally, the digital textile printing market is expected to grow by a CAGR of 16.0% during the forecast period from 2021 to 2029, up from US$ 2.24 Bn in 2020. The growth of the market is attributed to the increasing adoption of digitalization in the textile industry. The technological advancement across the world has changed the way the organization operates. Organizations are going through a phase of digital disruption and becoming more ubiquitous to enhance operational efficiency. The printing and textile industry is following the trend and digitalizing their business process.

The companies are leveraging on digital technologies to enhance their solutions and process, accelerating the adoption of digital textile printing solutions among the textile industry. Furthermore, the technological advancement in the printing industry along with the integration of the AI, IoT and data analytics is augmenting the demand for the digital textile printing market. However, increasing health issues associated with the effects of toxic ink, and lack of awareness are some factors that are expected to restrain the market growth during the forecast period.

Roll To Roll Printing Process Is Dominating the Digital Textile Printing Market

Roll to roll printing process is leading the digital textile printing landscape with a 70% share in the revenue. The growth of the market is driven by the wide-scale adoption of the roll to roll printing process in the textile, soft signage, décor, and other industrial application. The increasing demand for the customized the product across the home décor and advertising industry is augmenting the adoption of the roll to roll printing process. On the other hand, the DTG printing process is estimated to grow significantly during the forecast period. The cost-effectiveness of the process is driving its adoption worldwide.

North America is leading the digital textile printing market

North America is leading the digital textile printing market with over 35% share in the revenue in 2020. The increasing adoption of digital printing in textile sector is one of the most prominent factors supporting the market growth here. In addition, flourishing trend of printing personalized clothes is another major factor supporting the regional market growth. The supportive government initiatives across the region to promote the use of digital technologies are supporting the growth of the market. Furthermore, the increasing adoption of the industry 4.0 revolution across the textile industry is propelling the growth of the market.

The major players in the digital textile printing market are Agfa Graphics, Atexco, Colorjet, D.Gen, Dover Corporation, Durst Phototechnik, Electronics for Imaging, Hollanders Printing Systems, Homer, Konica Minolta, Ricoh, Kornit Digital, Mimaki Engineering, Roland, and Seiko Epson.

Historical & Forecast Period

This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2021 to 2029.

Key questions answered in this report

• What was the market size of digital textile printing in 2020 and forecast up to 2029?
• Which is the largest regional market for digital textile printing?
• What are the major trends followed in digital textile printing market across different regions?
• Who are the key companies in the digital textile printing market?
• What are the key strategies adopted by the leading digital textile printing companies in market?

Unique data points of this report

• Statistics on adoption of digital textile printing worldwide
• Recent trends across different regions in terms of adoption of digital textile printing for various applications
• Notable developments going on in the industry
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)

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