The digital textile printing machine market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 10.4% by the year 2030, according to recent data. The market, valued at $175.4 million in 2017, is expected to reach $392.3 million by 2025.
The direct-to-fabric segment claimed over half of the global market share in 2017 and is forecasted to experience significant expansion throughout the forecast period.
Digital textile printing machines operate as mechanical devices that directly imprint graphics or designs onto fabric utilizing computer software and inkjet technology. The surge in demand for these machines is attributed to the need for rapid and short-run product production, the uptick in sales of clothing and homecare items through e-commerce channels, and the expanding application of these machines in lifestyle, promotional, and advertising products.
One driving force behind the market’s growth is the substantial benefits these machines offer, coupled with the increasing awareness of eco-friendly products. Traditional analogue textile printers contribute significantly to carbon footprints, leading to environmental degradation.
Additionally, the conventional textile printing process involves practices such as washing, steaming, or pre-treatments, leading to water pollution. Digital textile printers have emerged as an environmentally friendly alternative, resolving these environmental concerns and propelling the market’s growth.
Furthermore, industry players are adopting strategic product launch initiatives to capture market share. For instance, in May 2019, the Durst Group introduced the P5 350 and P5 210 printing systems, designed for large format fabric printing, as part of its P5 technology platform. The investment aimed to expand the digital printed textile market in European countries.
Similarly, there is a growing focus on single-pass machine types. In November 2018, EFI launched the next-generation EFI Reggiani BOLT textile digital printer in Italy, offering high uptime, reliability, outstanding performance, and superior printing uniformity with accuracy.
Key players in the global digital textile printing machine market include Dover Corporation (MS Printing Solutions Srl), Durst Group, Electronics for Imaging (EFI), Inc., Konica Minolta, Kornit Digital, Mimaki, ROQ International, Sawgrass Technologies, Inc., Seiko Epson Corporation, SPG Prints B.V., and The M&R Company. These industry leaders are expected to play a pivotal role in shaping the market landscape in the coming years.
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