Digital textile printing machine prints various patterns, or designs directly on the fabric using inkjet technology and a computer software. The report includes the study of digital textile printing machine market. The global market size was $647 million in 2017, and is projected to reach $1248 million in 2024, growing at a CAGR of 10.0%.
Factors such as increase in awareness about fashionable clothing, rise in per capita income of individuals, and surge in demand for short run products propel the demand for digital textile printing machine products. Moreover, the ecological nature of digital textile printing boosts the market growth.
In addition, stringent government regulations for reducing pollutants and increased standard of living of people supplement the expansion of the digital textile printing machine market. However, the unfavorable and dangerous effects associated with the machines is a major challenge faced by the players operating in the industry.
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Some of the major players operating in the market are Durst Group, Electronics for Imaging (EFI), Inc., Konica Minolta, Kornit Digital, Mimaki, ROQ International, Sawgrass Technologies, Inc., Seiko Epson Corporation, SPG Prints B.V., and The M&R Company.
The global digital textile printing machine market is segmented based on process type, application, and region. Based on process type, the market is categorized into direct-to-garment and direct-to-fabric. The direct-to-fabric segment is projected to dominate the global market throughout the study period owing to its widespread usage, high speed, and high color gamut. Based on application, the market is categorized into clothing & apparel, home furnishing, advertisement, and others. The clothing & apparel segment accounts for the maximum market share owing to its maximum usage and wide variety.
The global digital textile printing machine market is analyzed across geographical regions namely North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Europe is expected to dominate the market throughout the forecast period. Asia-Pacific is projected to grow at the fastest rate, followed by LAMEA.
Key Findings of the Digital Textile Printing Machine Market:
By process type, the direct-to-fabric segment dominated the market in 2017, in terms of revenue and is projected to grow at a CAGR of 9.7% during the forecast period.
The clothing & apparel segment generated the highest revenue in 2017, and is estimated to grow at the growth rate of 8.9%.
In 2017, Europe was the dominant region in terms of revenue; however, Asia-Pacific is anticipated to grow at the highest CAGR in the market.
In Europe, Italy accounted for more than one-fourth of the market share in 2017.
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Table of Content
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Digital Textile Printing Machine Market by Process Type
Chapter 5: Digital Textile Printing Machine Market, By Application
Chapter 7: Digital Textile Printing Machine Market, By Geography
Chapter 8: Company Profiles
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