How Is The Global Digital Textile Printing Inks Market Defined?
Digital textile printing inks refer to specialized inks used for digital printing applications to directly transfer designs, patterns, or images onto a range of textile materials, such as cotton, polyester, silk, and their blends. These inks are formulated specifically for compatibility with digital printing equipment, such as inkjet printers adapted for textile printing.
Digital Textile Printing Inks Global Market Report 2024 provides data on the global digital textile printing inks market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The digital textile printing inks market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Market Size And Growth Rate Of The Global Digital Textile Printing Inks Market Projected?
The digital textile printing inks market has experienced rapid growth, expanding from $1.39 billion in 2023 to $1.66 billion in 2024, with a CAGR of 19.1%. Growth in the historic period was driven by increased demand for customization, expansion of textile applications, the growth of e-commerce, and the rise of the fashion industry. Looking ahead, the market is projected to grow to $3.38 billion by 2028, at a CAGR of 19.6%. Key drivers include rising environmental concerns, growing demand for fast fashion, urbanization, and population growth. Major trends shaping the market include the use of nanotechnology, advancements in water-based and UV-curable inks, innovation in conductive inks, and the adoption of dye-sublimation techniques.
What Are The Primary Growth Drivers In The Digital Textile Printing Inks Market?
The expansion of the textile industry is expected to fuel the growth of the digital textile printing inks market. The textile industry covers the production of fibers, yarns, fabrics, and finished products. Its growth is driven by economic development, job creation, supply chain advancements, export potential, and social progress. Digital textile printing inks are used to create high-quality, customized designs on fabrics using digital printing technology, allowing for on-demand, high-quality fabric printing for fashion, home décor, and other purposes. For instance, in March 2023, Textile World reported that US shipments of textiles and man-made fibers were valued at $65.8 billion in 2022, up from $64.04 billion in 2021. Therefore, the expanding textile industry is stimulating the digital textile printing ink market.
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What Is The Segmentation Of The Global Digital Textile Printing Inks Market?
The digital textile printing inks market covered in this report is segmented –
1) By Ink Type: Reactive, Acid, Direct Disperse, Sublimation, Pigment
2) By Printing Technology: Roll To Roll, Direct-To-Garment (DTG)
3) By Application: Clothing Or Garments, Household, Technical Textiles, Display, Other Applications
4) By End-Use Application: Fashion, Sportswear, Home Textiles, Soft Signage
What Emerging Trends Are Shaping The Digital Textile Printing Inks Market Landscape?
Leading companies in the digital textile printing inks market are innovating with products like Artistri P1600 direct-to-film (DTF) pigment inks to meet the industry’s evolving needs. DTF pigment inks are designed to transfer digital designs onto fabric through a film. For instance, in June 2023, DuPont de Nemours Inc., a US-based chemical company, launched the Artistri P1600 DTF inks, ideal for garment printers seeking vibrant colors on various fabrics. These inks offer benefits like color vibrancy, white opacity, deep blacks, and consistency across batches, making them an efficient solution for garment printers.
Which Region Has The Fastest Expansion In The Digital Textile Printing Inks Market?
Europe was the largest region in the digital textile printing inks market in 2023. The regions covered in the digital textile printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
