Global Textile Printing Market to Reach 28.2 Billion Square Meters by 2026


New York, July 05, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Textile Printing Industry” – https://www.reportlinker.com/p05069921/?utm_source=GNW
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Global Textile Printing Market to Reach 28.2 Billion Square Meters by 2026

Textile printing is the process of applying color and design to a fabric. Steady population growth, increasing purchasing capability, and rapidly changing fashion trends are the key factors driving growth in the market. Driven by rising disposable incomes, consumers especially in fast-growing developing economies are gaining the ability to afford fabrics with attractive designs and designer wear. Market growth is also being favored by the rising preference for artistic fabrics among customers. Sustainability, shorter run lengths, online collaboration, demand for textiles with vibrant colors, and changes in printing partner ecosystem are some of the trends that are likely to emerge post COVID-19 crisis. Renewed emphasis on eco-friendly procedures and toxic-free ingredients would emerge as a major trend in the textile printing ecosystem. The new sustainability awareness can potentially trigger the switch from traditional textile printing to digital textile printing, as digital approach is more sustainable and more viable in the long-run. Besides digital printing, shorter run lengths also influence the demand for high quality rotary screens, which still represent the most economical textile printing method.

Amid the COVID-19 crisis, the global market for Textile Printing estimated at 22 Billion Square Meters in the year 2020, is projected to reach a revised size of 28.2 Billion Square Meters by 2026, growing at a CAGR of 4.3% over the period analysis period. Screen Printing, one of the segments analyzed in the report, is projected to grow at a 2.8% CAGR to reach 24.6 Billion Square Meters by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Digital Printing segment is readjusted to a revised 16.5% CAGR for the next 7-year period. This segment currently accounts for a 7.8% share of the global Textile Printing market. The market for traditional textile screen printing, which is a labor-intensive technique, has witnessed growth led by steady population growth, rising consumer spending of people across the world, and rapidly changing fashion trends. However, with the emergence of digital textile printing and its fast adoption in the global market, the conventional screen printing method is facing stiff competition. Growth in Digital Printing segment will be driven by digital printing technology`s ability to address technical limitations that are encountered in conventional printing applications, and its use in small-volume productions involving varied designs, which proves to be inefficient in the case of traditional printing.

The U.S. Market is Estimated at 1.5 Billion Square Meters in 2021, While China is to Reach 8.5 Billion Square Meters by 2026

The Textile Printing market in the U.S. is estimated at 1.5 Billion Square Meters in the year 2021. The country currently accounts for a 6.62% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of 8.5 Billion Square Meters in the year 2026 trailing a CAGR of 5.2% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR while Rest of European market (as defined in the study) will reach 9 Billion Square Meters by the end of the analysis period. During the COVID-19 crisis period, several European companies have relocated their contracts from China, Pakistan and other eastern regions to locations closer to or within Europe such as Morocco, Turkey, Spain and Portugal. The trend is expected to continue in the post crisis period and the US companies are also likely to follow the same path and prefer non-Chinese partners, especially those based out of Mexico, Japan or Europe due to ongoing trade war and uncertain tariff scenario. Efforts to promote eco-friendly techniques for textile printing in developing economies, especially in China and India, are driving digital textile printing in these economies.
Select Competitors (Total 126 Featured) –

  • aeoon Technologies GmbH
  • AM Printex Solutions
  • ATPColor Srl
  • Bordeaux Digital PrintInk Ltd.
  • Dazian LLC
  • Durst Phototechnik SPA
  • Fisher Textiles, Inc.
  • Glen Raven, Inc.
  • Hollanders Printing Systems B.V.
  • Huntsman International LLC
  • JV Digital Printing
  • Mehler Texnologies GmbH

Read the full report: https://www.reportlinker.com/p05069921/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
World Economic Growth Projections (Real GDP, Annual % Change)
for 2019, 2020 & 2021
Textile Sector Remains Adversely Impacted
US Consumer % Change in Retail Spending on Apparel: Feb 2020-
May 2020
As Fashion Sector Slips on COVID-19 Ramp, More Challenges Ahead
for Textiles Printing Industry
COVID-19 Unwinds & Accelerates Disruptive Changes within
Textile Printing Industry
Digital Textile Printing Takes Wing in the Crisis Moment
Accelerated Shift toward On-Demand Printing
Water-based to Waterless Dyes
Textile Printing – Global Key Competitors Percentage Market
Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Textile Printing: A Prelude
Digital Textile Printing Vs Conventional Screen Printing
Comparison of Different Parameters for Conventional and Digital
Printing
Outlook
Rise in Adoption of Digital Printing
Advantages of Digital Textile Printing
Screen Printing: What Does the Future Hold?
Asia-Pacific Spearheads Growth in Digital Textile Printing Market
Factors Hampering Growth
Recent Market Activity
World Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Trends Influencing the Textile Printing Market
Textile Printing Industry Strives to become more Sustainable
Digital Printing Offers Short, Sustainable Production Runs
High Resource Efficiency
Eco-Friendly Printing Inks
Reactive Inks for Digital Textile Printing: Exciting Opportunities
Suitability of Reactive Inks for Digital Textile Printing
3D Software and Digital Textile Printing Innovations
Revolutionize Fashion Sampling
3D and 4D Printing: Harbingers of New Design Trends
Recent Notable Digital Textile Printing Innovations
Technological Advancements Encourage Traditional Textile
Manufacturers to Adopt Digital Textile Printing
Select Recent Product Developments
Demand Grows Significantly for On-Demand Digital Printing Platform
Room for More Innovation in Digital Textile Printing Technologies
High Speed Systems Transform Digital Printing Market
Fashion Industry Stimulates Adoption of Wide Format Textile
Printers
Inkjet Textile Printing Market and Growth Opportunities
Digital Textile Printing in Home Textiles Market Expands
Opportunities
Soft Signage: High-Growth Segment in Digital Textile Printing
Market
Furniture Market Offers Strong Growth Potential for Digital
Printing
Digital Printing, Artificial Intelligence and Personalized
Clothing
Dye Sublimation Printing: Ideal for Soft Signage & Home Décor
Millennials: A Strong Influencing Demographic
Global Millennials Population Spread by Region: 2019
Millennial Population as a Percentage (%) of Total Population
in Select Countries: 2019
E-Commerce Emerge as New Growth Driver
World E-commerce Revenues in US$ Trillion: 2017-2024
Global e-Commerce Sales as Percentage of Total Retail Sales:
(2015-2021E)
Through-Print Textile Printing : A Challenge for Digital Printers
Textile Printing and Ad Campaigns Drive Demand for Large Format
Printers
Polyester: The Fabric of Choice for Digital Printing
Popularity of Fabrics Used in Various Markets
Assessing the Pros & Cons of DTF Printing & DTG Printing
Ink Chemistries Holds Key in Textile Printing Growth
Global Digital Textile Printer Market (2019): Percentage
Breakdown of Unit Placements by Ink Type – Direct Disperse,
Reactive, Sublimation and Others
Chemistry Requirements Encourage Development of Specialized
Processing Equipment
Shift towards Eco-Friendly Inks
Green Printing Practices in Textile Printing
Expanding Clothing & Textile Needs of Ballooning World
Population to Drive Demand
World Population Estimates (2000-2050)
Rapid Pace of Urbanization to Drive Demand for Textile Materials
World Percentage of Population Residing in Urban Areas by
Region: 2000, 2010, 2020, 2030, 2040, and 2050
Rising Affluence of Middle Class Consumer Segment
Global Middle Class Population (in…



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