Companies covered in the Digital Textile Printing Market are Mimaki (Nagano, Japan), Kornit (Rosh Haayin, Israel), SPGPrints (Boxmeer, Netherlands), Konica Minolta (Tokyo, Japan), Atexco (Paris, France), Dover Corporation (MS Printing Solutions Srl) (Illinois, U.S.), MS Printing (Pertusella VA, Italy), Robustelli (Connecticut, U.S.), Kaiyuan (Gaoxin District Xi'an, China), SPG Prints B.V. (Boxmeer, Netherlands), and more players profiled
Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) -- The global Digital Textile Printing Market size is estimated to reach USD 311.7 million by 2028 and exhibit a CAGR of 10.1% during the forecast period. The growing consumer awareness for trending apparel fashion and clothing is anticipated to be the key factor driving the growth of the market. Fortune Business Insights™ has presented this information in its report titled, “Digital Textile Printing Market, 2021-2028”. The market stood at USD 147.4 million in 2020 and is expected to reach USD 159.1 million in 2021.
Get a Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/digital-textile-printing-market-106237
The growing need for printed fabric materials and textiles has induced manufacturers to adopt digital printing technology for better and faster fabric printing. The development of compact, fast, and lightweight printers attracts more customers towards printed fabric clothing products. The development of advanced digital textile printings is likely to stimulate market growth in the upcoming years.
Companies in the Digital Textile Printing Market:
Konica Minolta (Tokyo, Japan)
Dover Corporation (MS Printing Solutions Srl) (Illinois, U.S.)
MS Printing (Pertusella VA, Italy)
Kaiyuan (Gaoxin District Xi'an, China)
SPG Prints B.V. (Boxmeer, Netherlands)
On the basis of operations, the market is bifurcated into multi pass and single pass. On the basis of application, the market is segmented into clothing and apparel, soft signage, home décor, and others. Geographically, the market is classified into five major regions- North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
The global pandemic has severely impacted the global economy and stagnated the growth of several industries and markets. The market for digital textile printings has witnessed a negative impact of the coronavirus outbreak. The disruptions in the global supply chain networks due to the implementation of stringent lockdowns and curfews have affected the market's growth. Additionally, the consumer’s focus has shifted to essential expenditures, which has declined the demand for clothing and textile products. Nonetheless, the vaccine is now accessible to the masses, and the market is progressively recovering. The market is likely to perceive steep growth post the pandemic situation.
Browse Summary of this Research Report:
https://www.fortunebusinessinsights.com/digital-textile-printing-market-106237
By Operation, By Application and By Region
Digital Textile Printing Market Growth Drivers
Economic Cost of Operation Reduced Overall Operating Cost of Organization
Ability to Have Virtual Fabric Printing Renders Aid Customers to Explore Multiple Opportunities
The report provides a granular review of the prospected market.
The report highlights a methodical examination of vital players functioning across diverse geographies.
The report provides visions into the supervisory situations of the market.
The report is grounded on historical data and offers techniques and prospects for impending growth.
The report also accentuates the influence of the COVID-19 pandemic.
Growing Consumer Awareness for Trending Fashion Apparel to Fuel Market Growth
Digital printing machines help businesses to improve profitability by reducing operational costs and enhancing print quality. Additionally, the automation of the process helps to cut down the human resource requirements at the facility. The overall cost advantage of digital printing machines is anticipated to bolster the global digital textile printing market growth. Additionally, the development of advanced digital printers by key manufacturers is likely to boost the growth of the market.
The growing consumer awareness for trending fashion apparel and clothing is expected to be the key factor driving the growth of the market. Moreover, the improving personal disposable income levels and living standards of consumers are anticipated to stimulate the market’s growth in the upcoming years. Digital printing solutions offer virtual printed models of fabrics, and users can get a glimpse of the finalized product before initiating the actual process. This helps the consumers choose the best-suited fabric texture and is likely to amplify the market's growth.
However, the high costs of employing digital printers are expected to hinder the market growth.
https://www.fortunebusinessinsights.com/enquiry/customization/digital-textile-printing-market-106237
Asia Pacific to Gain the Largest Share due to Growing Needs for Printed Fabrics Asia Pacific is anticipated to hold the largest portion in the global digital textile printing market share. India and China are expected to be the leading regions in the market. The ever-increasing population and the growing needs for printed fabrics are likely to bolster the growth of the market. North America is expected to witness considerable growth due to the substantial imports of textiles. Europe is projected to gain steep growth in the coming years due to the increasing use of digital printing in the soft signage segment. The market possesses significant untapped growth potential. The surging urbanization and the expanding imports of textiles are anticipated to drive the growth in the Middle East and Africa.
Vital Players Bolster their Market Positions Through New Product Launches The crucial players in the market are fixated on strengthening their operations and logistical networks that were impacted by the coronavirus pandemic. They adopt various ingenious growth tactics such as collaborations, acquisitions, mergers, and others to garner growth and improve their market positions. The key players aim to diversify their product portfolios through new product launches and technological developments. For instance, in February 2020, Mimaki launched a hybrid digital textile printer called the Tx300P-1800 Mkll. The new printer is capable of performing transfer printing with interchangeable platens.
Macro and Micro Economic Indicators
Drivers, Restraints, Opportunities and Trends
Impact of COVID-19 on Digital Textile Printing Market
Business Strategies Adopted by Key Players
Consolidated SWOT Analysis of Key Players
Global Digital Textile Printing Market Share Analysis and Matrix, 2020
Key Market Insights and Strategic Recommendations
Profiles of Key Players (Would be provided for 10 players only)
Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/digital-textile-printing-market-106237
Rugged Tablet Market Size, Regional Analysis and Growth Rate 2025
Air Compressor Market Size, Share, Growth, Trends | Industry Analysis, 2028
Hydraulic Cylinders Market Size, Share | Global Industry Analysis, 2026
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Fortune Business Insights Pvt. Ltd.
Baner - Mahalunge Road, Baner,
Connect us via Social Media Channels:
LinkedIn Facebook Twitter Blogs
Investing in Warren Buffett's biggest holdings can be a winning tactic, but don't overlook the companies that occupy smaller positions in Berkshire Hathaway's portfolio.
The U.S. emergency oil reserves haven’t been this low in four decades.
(Bloomberg) -- China criticized expanded US restrictions on its access to semiconductor technology, saying they’ll harm supply chains and the world economy.Most Read from BloombergRussia Races to Reopen Crimea Bridge Damaged in Fiery BlastPutin Orders Sakhalin-1 Project Transferred to Russian EntityMinecraft Star Dream Meets His Screaming Fans for First TimeFacebook Is Warning 1 Million Users About Stolen Usernames, PasswordsWall Street Is Missing the Risk to Stocks If Inflation Is BeatenPreside
As per a Worker Adjustment and Retraining Notification, Walmart Inc (NYSE: WMT) looks to lay off 1,458 workers at the e-commerce fulfillment center in Fulton Parkway in Atlanta, Georgia. "We're converting the fulfillment center on Fulton Parkway to support our growing WFS (Walmart Fulfillment Services) business," Reuters reports quoting Walmart spokesperson Scott Pope. Also Read: Walmart Strategically Times Its Holiday Sales Event To Win More Shoppers From Amazon Walmart notified the workers in
In this article, we will take a look at 10 of the most valuable internet companies today versus in 2000. If you want to see some more of the most valuable internet companies today versus 2000, go directly to 5 Most Valuable Internet Companies in 2000 vs. Today. The 10 most valuable internet companies have […]
One reason that OPEC seems comfortable cutting production to push prices higher is that the cartel is less concerned with losing market share than it was in the past.
An embargo could squeeze Russia’s huge aluminum industry and create problems for international supply chains.
The companies that make up the S&P 500 would already be in a so-called earnings recession this year if it weren’t for higher oil prices.
The bull-and-bear debate around the prospects for copper and copper mining stocks, like Freeport-McMoRan (NYSE: FCX), continues to rage on. On the other hand, the bulls argue that both the demand and supply are favorable for the copper industry over the long term.
(Bloomberg) -- Signs are piling up that the tech downturn may be deeper and longer-lasting than feared. Most Read from BloombergRussia Races to Reopen Crimea Bridge Damaged in Fiery BlastPutin Orders Sakhalin-1 Project Transferred to Russian EntityMinecraft Star Dream Meets His Screaming Fans for First TimeFacebook Is Warning 1 Million Users About Stolen Usernames, PasswordsWall Street Is Missing the Risk to Stocks If Inflation Is BeatenAfter years of record capital spending, chipmakers are warn
The OPEC+ decision to cut oil production could impact gas prices across the country.
(Reuters) -The Biden administration published a sweeping set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment, vastly expanding its reach in its bid to slow Beijing's technological and military advances. The rules, some of which take immediate effect, build on restrictions sent in letters this year to top toolmakers KLA Corp, Lam Research Corp and Applied Materials Inc, effectively requiring them to halt shipments of equipment to wholly Chinese-owned factories producing advanced logic chips. The raft of measures could amount to the biggest shift in U.S. policy toward shipping technology to China since the 1990s.
Choosing the right age for retirement means understanding all the planning that's required beforehand, as well as what you may need to do afterward if you retire early. The way you shape your financial plan can be very different if … Continue reading → The post How to Retire at 57: Step-by-Step Plan appeared first on SmartAsset Blog.
They did it to Huawei. Now, the United States is going after China's advanced computing and supercomputer industry. A little-known rule that enables U.S. regulators to extend their technology export control powers far beyond America's borders to transactions between foreign countries and China.
As the long-time CEO of Toll Brothers, he brought a founder's passion and focus on details to the business.
Chinese electric vehicle maker Nio will only lease its cars when it launches in four European markets this year, its CEO told Reuters on Friday, betting that flexibility will be a key selling point as drivers switch to the new technology. Users will be able to lease a car with a 75 gigawatt hour battery for 1,199-1,295 euros ($1,171-$1,264) a month depending on the length of the subscription, which can be as short as a month. The plan is the latest unconventional move by the company, which already allows customers to rent rather than buy the battery - the most expensive part of an electric vehicle (EV).
(Bloomberg) -- Commodities have opened the fourth quarter in some style, with prices posting the biggest weekly gain since March after OPEC+ agreed to chop oil supply. The coming week will bring a host of signals on the outlook over the rest of the year and into 2023 before earnings season hits full flood. Most Read from BloombergRussia Races to Reopen Crimea Bridge Damaged in Fiery BlastPutin Orders Sakhalin-1 Project Transferred to Russian EntityMinecraft Star Dream Meets His Screaming Fans fo
Leaders in Washington have been on their heels since OPEC+ announced deep oil production cuts with the possible political responses to watch becoming clearer in recent days.
The Labor Department said the company fired them over suspicions they shared information with The Wall Street Journal. Exxon said it fired them for other reasons and that their allegations were false.
AMD, Nvidia Corp, Intel Corp, Qualcomm Inc and Micron Technology Inc were down between 1.2% and 6.0%, weighing on smaller peers such as Marvell Technology Inc and Applied Materials Inc. Samsung, the world's top maker of memory chips, smartphones and televisions, is a bellwether for global consumer demand and its disappointing preliminary results add to a flurry of earnings downgrades and gloomy forecasts.