According to a recent report published by Allied Market Research, titled, " — Digital Textile Printing Machine Market by Process Type, Machine Type, and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025," The global digital textile printing machine market was valued at $175.4 million in 2017, and is expected to reach at $392.3 million by 2025, growing at a CAGR of 10.4% during the forecast period. The direct-to-fabric segment accounted for more than half of the global digital textile printing machine market share in 2017 and is expected to witness significant growth during the forecast period.
In addition, huge benefits offered by the machines and increased awareness about eco-friendly products are expected to propel the digital textile printing machine market growth. Analogue textile printers have high carbon footprints, which is majorly responsible for the degradation of environment. In addition, printing of textiles requires washing, steaming, or pre-treatments, which pollutes the water bodies. However, the problems related to environment and water pollution got resolved with the advent of digital textile printers. This is expected to propel the global digital textile printing machine market during the forecast period.
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The key players analyzed in global digital textile printing machine market are 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.
Digital Textile Printing Machine Market Segments:
By Type -
By Application -
Clothing & Apparel
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Moreover, vendors in global digital textile printing machine market are majorly adopting product launch strategies. For example, Durst Group in May 2019, launched the P5 350 and P5 210 new printing systems based on the P5 technology platform. It is designed and developed for printing on large format fabrics. The aim of investment was to expand digital printed textile market in the European countries. Similarly, there has been growth in focus toward single pass machine type. For example, EFI in November 2018, launched next-generation, single pass EFI Reggiani BOLT textile digital printer at the EFI Reggiani facility in Bergamo, Italy. The printer offers high uptime and reliability, outstanding performance, superior printing uniformity with accuracy.
Key Findings of the Digital Textile Printing Machine Market:
Based on process type, the direct-to-fabric segment generated the highest revenue in 2017.
Based on machine type, the multi-pass segment was the highest revenue contributor in 2017.
Based on application, the clothing & apparel segment was the highest revenue contributor in 2017.
Based on region, Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Based on region, Europe contributed the highest market revenue in 2017, followed by Asia-Pacific, North America and LAMEA.
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