As per Future Market Insights (FMI), the global digital textile printer market is estimated to reach USD 2,212.9 million in 2023. Over the forecast period 2023 to 2033, global sales of digital textile printers are expected to rise at 9.8% CAGR. This is projected to take the total market valuation to USD 5,304.3 million by 2033.
Growth in the market is driven by continuously changing fashion trends, a high need for advanced printing technologies, and increasing demand for customized & personalized home décor.
The market for custom textiles in the home décor and furnishing sector is experiencing rapid growth. Nowadays, people have a preference for fast fashion and exclusive products that can be customized and personalized according to their specific demands.
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Customers are willing to pay premium prices and actively seek out platforms and brands that cater to their custom home décor needs. This trend is particularly evident due to the increasing purchasing power of Gen Z, who are more inclined towards online shopping.
There is a strong demand for printed materials used in furniture. Consumers are increasingly looking for personalized and one-of-a-kind home furnishings, including curtains, upholstery fabrics, bedding, and cushions. This in turn is encouraging the adoption of digital textile printers.
Digital textile printers have emerged as ideal printing solutions, allowing for customization by enabling the printing of specific designs, patterns, colors, and even photographs on a wide range of home textile products. This capability to personalize is significantly fueling the demand for digital printing within the home interior market.
The rising demand for fast fashion amplifies the importance of digital textile printers in the fashion sector, and the ongoing shift in customer preferences and choices towards online shopping is poised to further accelerate market growth.
Key Takeaways from this Market:
- The global digital textile printer industry is expected to reach a valuation of USD 5,304.3 million by 2033.
- Based on ink, the pigment segment is forecast to expand at a CAGR of 11.1% through 2033.
- By printing process, the direct-to-garment segment is expected to hold a market share of around 50.2% in 2023.
- By end use, the clothing & apparel segment is projected to reach a valuation of USD 3,474.0 million by 2033.
- The United States digital textile market value is anticipated to reach USD 568.0 million by 2033.
- Digital textile printer demand in India is predicted to rise at 8.8% CAGR during the assessment period.
Competitive Landscape
Leading digital textile printer manufacturers are introducing sophisticated digital textile printing machines to fulfill end-user needs. They are also looking into methods like mergers, facility expansions, acquisitions, and collaborations to broaden their reach and increase revenue.
Recent developments:
- In February 2023, Brother International Corporation introduced the WF1-L640 Latex Wide-format Printer for signage and displays.
- In February 2023, Mimaki Engineering Co., Ltd introduced a direct-to-fabric printer and heat transfer pigment ink for garment and textile printing applications.
- ColorJet Group launched the Metro NXT digital textile printer at India ITME 2022, offering great quality and speed.
Key Players
Seiko Epson Corporation; Kornit Digital Ltd.; Durst Group Ag; Aeoon Technologies GmbH; J. Zimmer Maschinenbau GmbH; SPGPrints BV; Ricoh Company, Ltd; ATP COLOR S.R.L; Electronics For Imaging, Inc.; DCC Group; MIMAKI ENGINEERING CO., LTD.; Konica Minolta, Inc.; Mutoh Holdings Co. Ltd.; Dover Corporation; HP Inc.; Brother International Corporation; M&R Companies; ROQ Group; Sawgrass Technologies; Colourjet Group; Jakob Müller Group; ROLAND DGA CORPORATION; Hangzhou Honghua Digital Technology Co., Ltd.
Global Digital Textile Printer Market by Category
By Printing Process:
- Direct to Garment (DTG)
- Dye-sublimation
- Direct to Fabric (DTF)
By Ink:
- Sublimation
- Reactive
- Acid
- Disperse
- Pigment
By Machine Type:
- Single Pass Printer
- Grand Format Printer
By Substrate:
- Cotton
- Silk
- Rayon
- Linen
- Polyester
- Polyamide
- Wool
By Sales Channel:
- Manufacturers (Direct Sales)
- Distributors/Suppliers
By End Use:
- Clothing & Apparels
- T-shirts
- Pants
- Leggings
- Caps
- Sweatshirts
- Hoodies
- Shorts
- Golf Shirts
- Household
- Bed Linens
- Carpets & Curtains
- Others (Napkins, Towels, etc.)
- Technical Textiles
- Others (Flags & Banners, Décor, etc.)
By Region:
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Western Europe
- Eastern Europe
- Central Asia
- Russia & Belarus
- Balkan Countries
- Baltic Countries
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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