May 10, 2022
According to the research report titled ‘Global Digital Textile Printing Market (2021 Edition) - Analysis By Printing Process (DTF, DTG, Sublimation), Ink Type, Application, By Region, By Country: Market Insights and Forecast with Impact of Covid-19 (2021-2026),’ available with MarketStudyReport, global digital textile printing market had reached valuation worth USD 2524.54 million in 2020 and is slated to record colossal growth during 2021-2026.
The rising demand of design flexibility, surging popularity of soft signage, and the growing digitalization in the textile sector are some of the major factors driving the growth of the global digital textile printing market.
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Based on the printing process, the market is further divided into direct to garment (DTG), direct-to-fabric (DTF), and dye Sublimation. Among these, direct-to-fabric (DTF) segment is expected to grow considerably over the forecast timeline, owing to its easy-to-use process and high adoption across the globe.
Moving on to ink type, the market is fragmented on the basis of pigment inks, sublimation inks, acid inks, reactive inks, and disperse inks. Out of these, the sublimation inks segment accounts for the largest share in the overall market and is expected to keep expanding over the review period, primarily attributed to the growing demand for dye sublimation process and customization in textile printing industry.
As per application type, the garments and apparel segment is estimated to hold the largest share in global digital textile printing industry through 2026, on account of the high demand for fashionable clothes among the young population and the increasing adoption of technology in the fashion space.
The geographical analysis of this business space extends to the Latin America, Asia-Pacific, North America, and Europe, with major emphasis on countries such as Mexico, China, India, Japan, France, the U.K., Germany, U.S., Italy, and Canada with North America leading the regional market share.
The key players in the global digital textile printing industry are Kornit Digital Ltd., aeoon Technologies GmbH, Seiko Epson Corporation, Electronics for Imaging Inc., Mutoh Holdings Co. Ltd., Hollanders Printing Systems, Konica Minolta Inc., The Ricoh Company Ltd., SPGPrints, and HP Inc.