Digital Textile Printing Market is anticipated to progress at

Digital Textile Printing Market

According to a Future Market Insights report, the global digital textile printing market will grow at a staggering 16.3% CAGR over 2022-2029. This remarkable market growth is primarily due to the increasing penetration of the printing industry in developing markets like India, Mexico, China, and Mexico as well as technological advances that have occurred over time.

Digital Textile Printing Market is expected exceed US$ 8 Bn in 2029. The market is likely to grow moderately at 16.3%CAGR over the assessment period.

Potential Impact of COVID-19

FMI predicts that industry players will fail to reach their financial targets because of significant supply chain disruptions caused by lower customer demand. The current market situation has led to leading players building the operational flexibility necessary to survive the pandemic.

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Additionally, the pandemic has created implications for the digital transformation of workplaces in order better serve end users and prosper over the coming years. According to the FMI study, this crisis could provide fertile ground for the potential transformation of digital textile printing markets.

Manufacturers are steadily making improvements in digital textile printing technology. Therefore, flexography, lithographic and printing technology providers are gradually shifting to digital printing.

The digital textile printing market is expected to grow because of its many characteristics and advanced technology. As the demand for digital textile printing solutions increases in these countries, the U.S. and Canada will offer lucrative opportunities to manufacturers.

Study on Digital Textile Printing Market – Key Takeaways

The demand for direct-to-fabric (DTF), in the global digital textile printing market is unmatched. It is expected to grow at a remarkable CAGR of 17.5% over the forecast period.
Digital textile printing has a higher set-up cost than traditional printing technologies. Small volume printing can be expensive because of this. In order to meet the high demand for shorter runs, digital textile printing requires regular plate changing and multiple jobs.
Digital printers are seeking more precise ways to determine equipment type and print run lengths. It is evident that many print service suppliers are focused on computerizing their printing processes.
Market growth is predicted to be phenomenal in North America and East Asia, which will witness remarkable growth in the global digital printing market.

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Designers are gaining more interest in digital textile printing designs.

Unique and eye-catching designs were used in the past only for haute fashion clothing that was displayed on top fashion week stages around the world. But over the last few years, more and more high-fashion brands such as H&M and Zara are joining unique and more outbound designs in their pools.

People want exclusive clothing and high-end brands are responding to this demand by using digital textile printing techniques. Digital textile designers have a great opportunity to meet this new demand for uniqueness.

Designers may not be able to create high-quality designs using traditional printing methods. Designers can expand their creativity with digital textile printing. It gives them the tools they need to create futuristic designs.

Digital Textile Printing Manufacturers Open New Doors to Signage Market

Sign and display printers require reliable, efficient, low-cost products. The steady market growth in digital textile printing is being supported by a healthy sign and display demand. Outdoor, indoor, wall décor, and event décor are some the fastest-growing segments in the signage market that are using digital textile printing techniques. In response to increasing demand for digital textile printing, sales will increase.

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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. We were awarded the Clutch Leaders Award 2022 for our high client score of 4.9/5. Since then, we have been working with global companies in their business transformation and helping them achieve their business goals. We are the clients of 80% percent of the Forbes 1000 largest enterprises. We serve global clients across all leading & niche market segments across all major industries.

This release was published by openPR.