Production of Printed Textiles Globally is Projected to Reach 36.8 Billion Square Meters by 2024

Increasing Adoption of Digital Printing Technology and Advancements in Textile Printers and Inks to Drive Growth in the Textile Printing Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Textile Printing market. Production of printed textiles globally is projected to reach 36.8 billion square meters by 2024, driven by the growing adoption of digital printing technology, and advancements in dyeing techniques, print heads technology and ink formulations aimed at improving print speeds, efficiency and design.

Textile printing is the process of applying color and design to a fabric, with leading to the production of a fabric with an attractive design and well-defined pattern. While the traditional dyeing process involves uniform coating of a single color over the entire fabric, in textile printing more than color is used for application over the fabric in a pre-defined pattern. Textile printing involves use of thick dyes to ensure that colors stay within the design’s specified limits. Over the years, textile printing has evolved into a concept rather than just an embellishment on an outfit that contributes to the style and shape of the garment. With rapid changes occurring in the fashion world, textile industry is making a steady shift towards prints rather than dyed fabric.

Environmental factors are also compelling the industry to move towards printed fabrics. Global demand for textile and apparel, and hence textile printing, is closely linked to the consumer demand and preference for apparel, home furnishings and automotive products. Steady population growth, increasing purchasing capability, and rapidly changing fashion trends are the key factors driving growth in the textile printing market. Driven by rising disposable incomes, consumers especially in fast-growing developing economies are gaining the ability to afford fabrics with attractive designs and designer wear, thus fueling growth in the textile printing market. Market growth is also being propelled by the rising preference for artistic fabrics among customers.

While textile printing was previously considered to be primarily based on screen printing technique, the introduction of digital printing technology has changed this perception and provided new growth avenues for the textile printing market. There is growing interest in digital printing, given the technology’s ability to produce highly innovative and imaginative prints. The artistic approach combined with technological advancements of digital printing is encouraging creative thinking among industry participants. The trend is also lifting the status of design and printing of textiles from a support activity to a more complementary craft. Digital printing also benefits from its eco-friendly attribute, due to the lesser consumption of dyes and water. Digital printing is also convenient for service providers as the technology offers support for experimentation, prototyping, customization, in addition to its use in small run printing. The replacement of flat screen printing machines with digital technology is also driven by the latter’s similar production speeds as well as coloration costs.

As stated by the new market research report on Textile Printing, Asia-Pacific represents the largest and the fastest growing market worldwide, supported by factors such as emergence of low cost Asian countries as preferred destinations for textile production due to low cost labor, abundance of raw material and favorable government policies; and widespread adoption of digital inkjet printing.

Major players in the market include Agfa Graphics, Brother Industries. Ltd., d.gen Inc., Electronics For Imaging Inc., Hollanders Printing Systems, HP Development Company, L.P., Huntsman Corporation, Jaysynth Dyestuff (India) Limited, Konica Minolta Inc., Kornit Digital Ltd., Mimaki Engineering Co. Ltd., Mutoh Industries Ltd., OKI Data Infotech Corporation, Roland DG Corporation, Sensient Imaging Technologies S.A., and SPGPrints B.V., among others.

The research report titled “Textile Printing: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, Turkey and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. The market is analyzed by Technology Type - Digital Printing and Screen Printing. Global market for textile printing is additionally analyzed by Fabric Type – Apparel, Interior/Furnishings and Industrial/Technical Textiles.

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