Global Printed Textile Market Size is estimated to expand rapidly in coming years, at a CAGR of 9.24 % from 2019 to 2027. In 2017, the global market valuation was USD 150.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2027. The rapid growth of digital technology demand for textile printing, together with growing demand for sustainable printing, is expected to impact positively on consumer demand over the forecast period. Therefore, reduced printing costs per device along with a shorter lifespan and quicker adaptability are likely to complement market development with the introduction of electronic printers.
Global Market Growth Opportunities (Revenue, Growth) By 2019-2027
The worldwide growth of printed textiles has been positively affected by factors such as a high reliability, continued printing, cost-effective manufacturing and layout flexibility. In addition, elimination of sampling screen costs in conjunction with short-term output in numerical textile printing is expected to accelerate the penetration of the technology in mass adaptation and thus complement the growth of the industry.
In tandem with the introduction of single pass, rapid technological advances in the textile printing industry, high-speed large printing machines have been upgraded to support the increase in the print textile markets. The industry growth, however, is expected to be affected by high printing costs and adverse environmental effects associated with conventional textile printing.
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global printed textile market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global printed textile market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Ink Type Insights: On the basis of ink type, global printed textile market has been segmented into acid dye, disperse dye, pigment dye, reactive dye, others. Among which pigment dyes segment has accounted for largest share in the global market of printed textile. Pigment dyes are distinct and used to emphasize natural as well as synthetic fabrics, regardless of fiber form. Such inks are also used primarily in conventional printing processes as the process is the most cost-effective. In addition, pigment printing inks would increase the demand for pigment dyes over the projected timeframe in all substrates, including leathers, PVCs, and glass fibers.
By Product Insights: On the basis of product, global printed textile market has been segmented into cotton, silk, polyester, others. Among which cotton fiber segment has accounted for largest share in the global market of printed textile. Cotton fiber’s characteristics such as high strength, biodegradability, strong absorption and high insulation help to make it a suitable fabric for clothing and other household applications. In order to increase consumer demand in printed textiles over the forecast period, the material supports also have easy printing capacity.
By Technology Insights: On the basis of technology, global printed textile market has been segmented into traditional printing, digital printing. It is projected that traditional printing technology will show strong growth in terms of revenue from 2018 to 2025 because of the various techniques used in recent years such as a pin, a batik, roller and stencil. However, skilled work is anticipated to increase conventional printing development in economies such as India, Brazil and Indonesia in textile printing.
The printed textile market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
In 2019-25 as a result of the increasing consumption of printed clothing in India, China, Japan, Indonesia, and Thailand, Asia Pacific is expected to see growth in the high CAGR. Federal government’s plan to further fuel market growth in the region by rising electronic fabric printing in China and India. It is projected that increasing sales of clothing and apparel in China, India, Thailand and Bangladesh are driving industry growth through e-commerce portals. However, favorable government regulations in China and India are expected to balance market growth to stimulate investment in manufacturing and printing fabrics.
Global Printed Textile Market Size, Share Analysis by Region 2019-2027
It is estimated that North America, the dominating country in printed textile market will show considerable growth during the forecast period. The growth would be possible because of marketing analytics tools and because of existing players that are firmly established in the market since the beginning. In addition to that, government agencies, companies, third-party administrators, etc. are channelizing their efforts to make customer-centric products which will also contribute to the growth in this region. Rising demand, increased income, advanced technology and machinery, along with the programs for spreading the awareness of the need will likely cause the printed textile market to grow substantially.
Global Printed Textile Market Study Objective
To forecast the market size of printed textile market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
Market analysis and forecast of printed textile market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
To analyze and elaborate significant factors that will have a major impact on the growth of printed textile market, such as drivers, restraints, challenges, and opportunities.
The regional analysis of printed textile market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
To provide detailed analysis of competitive and strategic developments in the printed textile market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Fabric Wholesale Direct, Seride Srl, Seiko Epson Corporation, Kornit Digital, Roland DGA Corporation, Konica Minolta, Inc., Hollyflower, Shahlon Group, and Globe Textiles Ltd. are some of the key players in the market of printed textile. Many companies provide a wide range of fabrics and models with personalized printed textiles. Industries assess printing costs based on different factors such as printing methods used, ink styles, base materials, configuration, design issues, end product use, and color dyes forms. Therefore, the whole printing process is customized and relies on the customer's requirements.
Global Printed Textile Market Study Report Offer You!
The global printed textile market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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