Published by mark itwired
Posted on September 13, 2021
Global sustainability concerns have been driving the transformation of printing industry, which primarily elevates the prospects of digital textile printing technology.Heightening demand for cost reduction, quality print, and greater reliability particularly drives the adoption of digital textile printing technology in fashion industry. Majorly buoyant with rising adoption for marketing activities, global digital textile printing market will exceed revenues of approximately US$ 8 Bn by 2029 end. A new Future Market Insights (FMI) report suggests that the upsurge in preference for deployment of direct to fabric (DTF) printing technology on a wide range of fabrics such as nylon, silk, and cotton will continue to assist the growth of digital textile printing market over the projection period, 2019 – 2029.
“Established players must acquire local businesses for gaining unassailable competitive advantage,” concludes FMI.
Most manufacturing facilities are working with at most 50% of total workforce capacity. Social distancing measures imposed by governments to curb COVID-19 outbreak have compelled manufacturers to minimize their operations. Therefore, globally leading producers are operating with significantly reduced capacity. As a result, the growth of digital textile printing market declined substantially during the first quarter of 2020. However, some European countries and the United States are reopening the economy by easing restrictions. This will gradually revive the market growth through the second half of 2020. However, the spike may be temporary if the government is forced to re-impose lockdown due to second wave of infections.
The global digital textile printing market is increasingly becoming highly competitive in nature. Some of the key companies in the global digital textile printing market that are profiled in this FMI report include, but are not limited to, Aeoon Technologies GmbH, Sawdex Digitex, Arunam Digital Prints, DG Prints Fab, SMR India Private Limited, Chelsey Chelsey, Home Decor Studio, Tex India Enterprises Pvt Ltd, HGS Machines Pvt. Ltd., Durst Phototechnik AG, Mimaki Engineering Co. Ltd., Konica Minolta, Inc., Ricoh Co Ltd., Seiko Epson Corporation, and HP Inc. Top players are undertaking multi-pronged strategies such as contracts, agreements, expansions, partnerships, acquisitions, and product development for strengthening their market footprint.
| Attribute | Details |
| Forecast Period | 2014-2018 |
| Historical Data Available for | 2019-2029 |
| Market Analysis | US$ Mn for Value and Tons for Volume |
| Key Regions Covered | North America, Europe, Latin America, East Asia, South Asia, Oceania, and Middle East & Africa (MEA) |
| Key Countries Covered | U.S, Canada, Mexico, Brazil, Peru, Chile, Poland, Germany, Italy, Spain, United Kingdom, Nordic Region, Benelux, Rest of Europe, China, India, Japan, Korea, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Rest of South Asia, Australia, New Zealand, GCC, Turkey, South Africa, and Rest of MEA |
| Key Segments Covered | Printing Process, Ink, Substrate, End-use, and Region |
| Key Companies Profiled | Durst Group (Durst Phototechnik Ag)Electronics For Imaging Inc.Konica Minolta Inc.Kornit Digital Ltd.Mimaki Engineering Co., Ltd.Roq InternationalSawgrass Technologies Inc.Seiko Epson CorporationSpgprints B. V.The M&R Companies |
| Report Coverage | Market Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19 Analysis, Segmental Analysis, Regional Profiling, Market Structure & Competition Analysis |
| Customization & Pricing | Available Upon Request |
The post Impact of COVID-19 on Digital Textile Printing Market Share, Size and Demand, Concludes FMI first appeared on Market Research Blog.
Global sustainability concerns have been driving the transformation of printing industry, which primarily elevates the prospects of digital textile printing technology.Heightening demand for cost reduction, quality print, and greater reliability particularly drives the adoption of digital textile printing technology in fashion industry. Majorly buoyant with rising adoption for marketing activities, global digital textile printing market will exceed revenues of approximately US$ 8 Bn by 2029 end. A new Future Market Insights (FMI) report suggests that the upsurge in preference for deployment of direct to fabric (DTF) printing technology on a wide range of fabrics such as nylon, silk, and cotton will continue to assist the growth of digital textile printing market over the projection period, 2019 – 2029.
“Established players must acquire local businesses for gaining unassailable competitive advantage,” concludes FMI.
Most manufacturing facilities are working with at most 50% of total workforce capacity. Social distancing measures imposed by governments to curb COVID-19 outbreak have compelled manufacturers to minimize their operations. Therefore, globally leading producers are operating with significantly reduced capacity. As a result, the growth of digital textile printing market declined substantially during the first quarter of 2020. However, some European countries and the United States are reopening the economy by easing restrictions. This will gradually revive the market growth through the second half of 2020. However, the spike may be temporary if the government is forced to re-impose lockdown due to second wave of infections.
The global digital textile printing market is increasingly becoming highly competitive in nature. Some of the key companies in the global digital textile printing market that are profiled in this FMI report include, but are not limited to, Aeoon Technologies GmbH, Sawdex Digitex, Arunam Digital Prints, DG Prints Fab, SMR India Private Limited, Chelsey Chelsey, Home Decor Studio, Tex India Enterprises Pvt Ltd, HGS Machines Pvt. Ltd., Durst Phototechnik AG, Mimaki Engineering Co. Ltd., Konica Minolta, Inc., Ricoh Co Ltd., Seiko Epson Corporation, and HP Inc. Top players are undertaking multi-pronged strategies such as contracts, agreements, expansions, partnerships, acquisitions, and product development for strengthening their market footprint.
| Attribute | Details |
| Forecast Period | 2014-2018 |
| Historical Data Available for | 2019-2029 |
| Market Analysis | US$ Mn for Value and Tons for Volume |
| Key Regions Covered | North America, Europe, Latin America, East Asia, South Asia, Oceania, and Middle East & Africa (MEA) |
| Key Countries Covered | U.S, Canada, Mexico, Brazil, Peru, Chile, Poland, Germany, Italy, Spain, United Kingdom, Nordic Region, Benelux, Rest of Europe, China, India, Japan, Korea, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Rest of South Asia, Australia, New Zealand, GCC, Turkey, South Africa, and Rest of MEA |
| Key Segments Covered | Printing Process, Ink, Substrate, End-use, and Region |
| Key Companies Profiled | Durst Group (Durst Phototechnik Ag)Electronics For Imaging Inc.Konica Minolta Inc.Kornit Digital Ltd.Mimaki Engineering Co., Ltd.Roq InternationalSawgrass Technologies Inc.Seiko Epson CorporationSpgprints B. V.The M&R Companies |
| Report Coverage | Market Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19 Analysis, Segmental Analysis, Regional Profiling, Market Structure & Competition Analysis |
| Customization & Pricing | Available Upon Request |
The post Impact of COVID-19 on Digital Textile Printing Market Share, Size and Demand, Concludes FMI first appeared on Market Research Blog.
Explore more articles in the Research Reports category
