Digital Textile Printing Machine Market Expected to Reach $523.1 Million by 2030

According to a new report published by Allied Market Research, titled, “Digital Textile Printing Machine Market," The digital textile printing machine market size was valued at $191.90 million in 2020, and is estimated to reach $522.92 million by 2030, growing at a CAGR of 10.4% from 2021 to 2030. Digital textile printing is the type of printing process in which the designs of various forms are added into different kinds of fabric through the inkjet printing technology. Various types of prints that could be added are direct print, discharge print, resist print, pigment print, reactive print, acid print, disperse print, and specialty print. These machine help in faster printing of the designs for the textile applications. It is used for adding different printing forms into the rolls of textile, T-shirts, dresses, promotional wear, and different garments.

The growth in demand of eco-friendly printing solutions for printing has let many textiles to use dye inks that are made up of indigo, sappan wood, and madder for the textile industries that is leading to growth in demand for digital textile printing machine market. In addition, the surge in consumer spending with rise in urbanization and digital innovation has led to the newer ways of the printing solutions and more customized printing solutions and according to the customers that has led to the growth in demand for printing and digital textile printing machine.

However, various low priced garments use certain amount of the chemicals that could lead to dry skin, itching, cracks, and pimple acne in addition to biological, ergonomic, chemical, and physical hazards, which limit the growth in demand for printing solutions.

In addition, the outbreak of COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering the digital textile printing machine market growth. However, this situation is expected to improve as government is relaxing norms around the world for resuming business activities.

Various companies are launching different kinds of printing machine like the line printers that are used for printing in bulk for retailers and wholesalers. This is due to growth in demand of the printed and customized garments and with increasing demand of the printed garments, the high speed printing machine are coming into use which is providing new opportunities for the digital textile printing machine industry.

The digital textile printing machine market is segmented on the basis of process type, application, and machine type. On the basis of process type, the market is divided into direct-to-garment and direct-to-fabric. By application, the market is divided into clothing & apparel, home furnishing, advertisement, and others. By machine type, the market is divided into single pass and multi-pass.

Region wise, the global digital textile printing machine market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global digital textile printing machine market share, and LAMEA is anticipated to secure a leading position during the forecast period.

The major players profiled in the digital textile printing machine market include Dover Corporation (MS PRINTING SOLUTIONS SRL), Durst Group, Electronics For Imaging, Inc., Konica, Minolta, Inc., Kornit Digital, Mimaki Global, GROUP ROQ, Sawgrass Technologies, Seiko Epson Corporation, SPG Prints Group.

KEY FINDINGS OF THE STUDY

• The report provides an extensive analysis of the current and emerging global digital textile printing machine market trends and dynamics.
• Depending on process type, the direct-to-fabric segment was the largest revenue generator in 2020.
• By application, the clothing & apparel segment generated the highest revenue in 2020.
• By machine type, the multi pass segment dominated the market in 2020.
• Region wise, Europe is anticipated to dominate the global digital textile printing machine market throughout the study period.
• The report provides an extensive analysis of the global digital textile printing machine market opportunities.
• The global digital textile printing machine market forecast analysis from 2021 to 2030 is included in the report.