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Global Digital Textile Printing Market

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New York, December 15, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Digital Textile Printing Market – Growth, Trends, COVID-19 Impact and Forecast (2021 – 2026)” – https: / /www.reportlinker.com/p06190222/?utm_source=GNW

Highlights
Digital textile printing incorporates the use of digital inkjet printing technology to add colorful patterns to different types of fabrics. Due to the high demand for custom t-shirt printing and its ability to provide unlimited design variations, with the help of Textile Design Software, digital textile printing has sped up, and now outside of it. garment industry, it is also being widely adopted in the commercial and home decoration markets.
Advanced digital printing technology involves the use of chemicals and mild solvents that are less harmful than those used in conventional printing technologies, such as offset printing and solid ink printing. So, with the growing emphasis on green printing and profitable production, the demand for digital printing solutions is increasing in the textile printing market.
In addition, the development of various newer technologies like UV gel is also playing a role in the innovation of the industry. For example, in May 2021, Canon released a new 1630 UV gel printer. This industrial grade printer offers companies operating in the large format market access to all the benefits of UV gel technology at a lower investment to help to further develop business opportunities by processing lower volumes in the market. Designed for durability, reliability and stability, the base Colorado 1630 can be configured to each user’s unique business needs by adding modular options, such as FLXfinish, a second roll of media, and easy two-sided printing.
Due to the COVID-19 pandemic, many countries have imposed containment measures requiring consumers to stay indoors. It has affected the fashion and signage industry, and the demand has dropped dramatically. Many graphic display companies have been hit hard because of the pandemic. However, as the situation normalized, the demand for new fabrics increased. The ability of digital printing to shorten cycle time has made digitally printed textiles perform better than the entire textile market during the pandemic.
However, the major challenge for the adoption of digital textile printing in a competitive textile market is the high cost of ink and a large number of printheads used in a high speed single pass machine whose maintenance cost. and replacement is prohibitive and makes it uncompetitive. against rotary printing.

Key market trends

The clothing and apparel segment will hold a significant market share

Apparel and clothing printing techniques have evolved a lot since the early years. The latest type of printing technique available for clothing and apparel is digital textile printing. Digital fabric printing uses computer-controlled printers to transfer designs or images stored in digital format to fabric. Technology allows designers and creators to create intricate designs faster and easier.
Sustainability and textile waste have always been a major concern in the textile printing market. The United Nations estimates that the fashion industry is responsible for around 10% of the greenhouse gas emissions that heat the planet, which has led many people to turn to digital technologies.
Digital textile printing brings the textile design process to earth, reducing shipping time and costs. It also reduces excessive waste in the design process by allowing designers to create smaller fabric tests and waste less when finalizing the fabric.
For example, in October 2021, Kornit Digital Ltd. announced the release of its Kornit Presto MAX system for on-demand sustainable production of clothing and other textile products. This next-generation system for sustainable, one-step production efficiency is the first on the market to feature white printing on colored fabrics.
In addition, the growing demand for ‘fast fashion’ products due to changing customer behavior, rapid urbanization, faster adaptability and shorter duration of fashion designs, as well as the Increased disposable income is expected to drive demand for digital textile printing solutions in garment and apparel. segment during the forecast period.

Asia-Pacific to experience highest growth

Due to the low cost of labor, the growth and development of the textile market in countries like China and India has fueled the market growth in the region. For several decades, China has been one of the main producers and exporters of textiles. In addition, investments in inventories such as shuttle-less looms and capacity extensions to manufacture good quality textiles are expected to boost the textile and clothing market.
According to the World Trade Organization, China accounted for 43.5% of the value of global textile exports in 2020. China was also one of the world’s largest textile exporters in 2020, with an export value of ‘approximately USD 154 billion. India accounted for an export value of USD 15 billion in 2020. According to the National Bureau of Statistics of China, about 3.41 billion meters of clothing fabric were produced in China in October 2021.
In addition, the dramatic transformation of the textile production industry which has followed the rise of digital textile printing and the advancement of thermal sublimation technology has opened up profitable new market segments and application opportunities in the region. Flexible signage for buildings and storefronts, retail and other point-of-sale environments has presented an excellent opportunity for textile printers and printing service providers operating in the large format industry. The growing fashion industry, along with such trends, are expected to provide the market with new growth opportunities in the region.

Competitive landscape

The global digital textile printing market is increasingly competitive as the growing demand for printed textiles and stable profitability attract new suppliers to the market. Major players operating in the market are focused on launching new products and building partnerships due to the growing demand for sustainable products. Some of the major players operating in the market include Kornit Digital, Seiko Epson Corporation, Mimaki Engineering and Durst Group among others.

October 2021 – Roland DG Corporation, a leading manufacturer of large format inkjet printers and printer / cutters, announced the launch of D-BRIDGE, a support website that provides a variety of useful information on the benefits of digitization and the secrets to success for everyone. engaged in creation, especially those involved in printing or manufacturing.
May 2021 – Global online fashion retailer and UK supplier ASOS and Fashion-Enter Ltd. announced that they are partnering with Kornit for the adoption of Kornit Presto, an efficient, low impact direct-to-fabric digital textile printing with zero water wastage and accelerated production speeds. Kornit Presto is the most advanced one-step solution for direct-to-fabric printing.

Additional benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support
Read the full report: https://www.reportlinker.com/p06190222/?utm_source=GNW

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