The "Digital
Textile Printing Market - Global Outlook and Forecast 2018-2023"
report has been added to ResearchAndMarkets.com's
offering.
The global digital textile printing market is
projected to reach revenues of around $53 billion by 2023 and is
estimated to grow at a CAGR of over 17% during the forecast period.
The
new emerging trend of functionalizing of textiles will transform the
global digital textile printing market. The industry is witnessing the
advancement of materials due to rapidly changing trends, technology
breakthroughs, and expansion of applications. The extensive use of
digital printers is resulting in the development of functionalizing
textile in the global market.
The introduction of
functionalizing textiles used in swimming can resist frequent contact
chlorine and water and exposure to sun by enhancing its color fastness.
Some
of the popular functionalizing textiles introduced in the global market
include flame retardants, color change monitoring properties, uv-rays
absorption, infrared rays absorption, germicide properties, dirt
repellent properties, optical whitening agents, wrinkle resistance, and
controlled release of encapsulated substance such as drugs.
Additionally,
the introduction of eco-friendly inkjet technology will result in the
evolution of the global market over the next few years.
Market
Dynamics
Market Growth Enablers
- Evolution of See-now, Buy-now, and Fast Fashion Strategies
- Personalization Opportunities for Masses
- Limitless Creative Possibilities
- Sustainability, a Standard with Digital Printing
- Higher ROIs from Digital Printing
Market Growth Restraints
- High Costs
- Unavailability of Universally Applicable Inks
- Gap in Education
- Quality Control Issues
Market Opportunities & Trends
- OEMs Gearing for Growth
- Proliferation of Advanced Inks
- Growth in Single Pass Technology Installations
- High Innovation in Speeds
- Functionalizing of Textiles
Major Vendors in the Digital Textile Printing Market
- EFI
- SPGPrints
- Seiko Epson
- Kornit Digital
- Mimaki Engineering
Prominent Players in the Digital Textile Printing Market
- ColorJet
- Durst Phototechnik
- DuPont
- Dystar Group
- Huntsman International
- Konica Minolta
- Marabu
- MS Printing Solutions
- Sawgrass Technologies
- Sensient Technologies
- Sun Chemical Corporation
- Mutoh
- Shanghai INKWIN Inkjet Technology
-
TrendVision Technology
For more information about this report visit https://www.researchandmarkets.com/research/v7xhzc/53_billion?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180425006913/en/
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Related
Topics: Textiles,
Textile
Machinery