The United States textile industry has flourished, becoming a global fashion hub with major cities hosting prestigious fashion weeks. The competitive fashion retail sector ranges from luxury to fast fashion and e-commerce. The NCTO reports shipments valued at US$65.8 billion in 2022, making the US the third-largest textile exporter. Investments, military supply, and recycling initiatives contribute to the sector’s growth. A Future Market Insights report anticipates a 12.2% market share in 2023 and an 8.2% CAGR over the next decade.
As per Future Market Insights (FMI), the Global Digital Textile Printer Market is estimated to reach US$ 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 US$ 5,304.3 million by 2033.
The market for custom textiles in the home décor and furnishing sector is experiencing rapid growth. Nowadays, people prefer fast fashion and exclusive products that can be customized and personalized according to their specific demands.
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.
Digital textile printers market Growth is driven by continuously changing fashion trends, a high need for advanced printing technologies, and increasing demand for customized & personalized home décor.
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.
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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 personalization capability is significantly fueling the demand for digital printing within the home interior market.
Consumers shift to online shopping is another key factor driving the global digital textile printer industry.
Today’s consumers have elevated expectations, seeking pleasant and personalized shopping experiences and affordable and high-quality clothing aligned with seasonal trends. Online shopping platforms fulfill these demands through attractive offerings, such as seasonal sales and diverse apparel selections.
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 toward online shopping is poised to accelerate market growth further.
Key Takeaways from the Digital Textile Printer Market Research Report:
- The global digital textile printer industry is expected to reach a valuation of US$ 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 US$ 3,474.0 million by 2033.
- The United States digital textile market value is anticipated to reach US$ 568.0 million by 2033.
- Digital textile printer demand in India is predicted to rise at 8.8% CAGR during the assessment period.
“Growing concerns over sustainability in the printing sector have increased demand for digital textile printers. Digital textile printers offer design flexibility and faster production rates. As a result, they are being widely used globally. Key companies are looking to develop advanced printing equipment to expand their customer base.” – says a lead analyst at FMI
Digital textile printing offers several advantages over traditional dyeing, starting with its ability to reduce waste and address the water pollution caused by dyeing, which is known as the second leading global water polluter.
Further, the agility & flexibility of digital production and textile printing allow manufacturers to efficiently handle both small boutique orders and large retail orders using the same equipment, making it an attractive option.
With a lower cost per print and the convenience of print-on-demand, fast production is possible, enabling profitability from orders of any quantity with just a single button push.
Digital textile printing provides designers with nearly limitless graphic and color capabilities, surpassing traditional printing technologies. This freedom allows designers to unleash their creativity and produce unique designs.
The benefits extend to the supply chain as well. Meeting production and shipping deadlines becomes easier with digital printing, thereby preventing overstocking. Designers can constantly produce new collections to keep up with ever-changing fashion trends, while customers can satisfy their desire for customized apparel, décor, and gift items.
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Recent Development:
- In Dec 2022, Metro NXT, a high-quality and high-speed digital textile printer, was launched by ColorJet Group at India ITME 2022.
Scope of the Report
| Attribute | Details |
| Estimated Market Value (2023) | US$ 2,212.9 million |
| Projected Market Value (2033) | US$ 5,304.3 million |
| Anticipated Growth Rate (2023 to 2033) | 9.8% CAGR |
| Historical Data | 2017 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ Million, Volume in Units and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Key Countries Covered |
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| Key Companies Profiled |
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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
- Others (Jackets, Tie, etc.)
- 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
Related Reports:
Inkjet Printers Market Growth: The global inkjet printers market size is expected to be valued at US$ 59.1 billion in 2023. The growing eCommerce industry bolsters the overall scope for the inkjet printers market, which is projected to grow at a CAGR of 6.7% between 2023 and 2033, totaling around US$ 113.1 billion by 2033.
Printing Machinery Market Demand: The global printing machinery market size is projected to reach US$ 22,814.9 million in 2023. By 2033, the market is set to generate US$ 38,572.8 million, meanwhile expanding at 4.7% CAGR.
Label Printers Market Sales: The global label printers market size is predicted to reach US$ 513.3 million in 2023 and further grow at 3.9% CAGR between 2023 and 2033. Overall label printer sales are likely to top a valuation of US$ 752.6 million by 2033.
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The post Digital Textile Printer Industry Poised for Strong Growth: Envisioning 2.7x Expansion, Unlocking US$3,319.8 Million Incremental Growth by 2033 appeared first on Future Market Insights.
Published by: Future Market Insights, Inc.