The global digital textile printing market, estimated to be worth $2 billion in 2020, is expected to grow at a rate of 14.8% from 2021 to reach $7.9 billion by 2030, according to a new report by Allied Market Research.
“The market is anticipated to witness significant growth,” according to the Digital Textile Printing Market Outlook - 2021-2030. “The rise in per capita disposable income in emerging nations coupled with rapid change in fashion trends with new printed garments are anticipated to boost the market growth during the forecast period.
“Moreover, surge in application of textile printing in vehicle wrapping, automotive interior decoration is anticipated to boost the segment growth in the automotive sector.
“However, volatile prices of raw materials and hazardous effects of digital printing inks on infants and old people are expected to hamper the market growth. Nonetheless, technology developments, such as hot melt printing for textile application and 3D printing (additive manufacturing) is anticipated to create new opportunities penetrating new segment growth in the upcoming time.”
Based on substrate, the polyester segment held the largest share in 2020, accounting for nearly one-fourth of the market. “However, the silk segment is projected to register the highest Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period,” the report found.
“On the basis of end-use, the display & others segment held the largest share in 2020, contributing to more than half of the market. The technical textiles segment is estimated to manifest the highest CAGR of 16.1% from 2021 to 2030.
Global Digital Textile Printing Market, By End Use
Display and others segment dominates the global digital textile printing market. Integrated electronic circuits can be incorporated into washable fabric for wearable electronics and other display devices. Such circuits are printed with eco-friendly inks using digital textile printing techniques. Researchers from China and Italy are focusing on introducing superior inks for high-quality printing. For instance, Italy made Kiian Digistar Hi-PRO Sublimation Ink, a water-based piezo ink, which is used for digital textile printing for polyester fabrics that can be used in electronic display and other integrated circuits. Such printed components require low cost and are required to be highly flexible and washable in nature. However, due to high wash fastness, such products offer limited compatibility with skin.
“The global digital textile printing market is analysed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Europe held the lion’s share in 2020, accounting for nearly two-fifths of the market. However, Asia-Pacific is anticipated to portray the highest CAGR of 16.0% during the forecast period.”
On the basis of substrate, the global digital textile printing market is categorized into cotton, silk, polyester, and others. On the basis of ink type, the market is segmented into reactive, acid, direct disperse, sublimation, pigment, and others. The application segment is classified into clothing, households, technical textiles, display & others.
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