Digital Textile Printing Machine Market Analysis Expected To Reach $ 392.3 Million By 2025
Detailed analysis of Digital Textile Printing Machine market current and future industry figures till 2021-2025
PORTLAND, OR, UNITED STATES, September 29, 2021 /EINPresswire.com/ — Global digital textile printing machinery market was valued at $ 175.4 million in 2017 and is expected to reach $ 392.3 million by 2025, with 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 experience significant growth during the forecast period.
The digital textile printing machine is a mechanical machine that prints graphics or designs directly onto the fabric using computer software and inkjet technology. There is an increase in demand for the machine, due to the increased demand for quick and short-run products, increased sales of clothing and home care products through e-commerce. and the growth of its applicability in lifestyle, promotional and advertising products. .
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The major players analyzed in the 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 BV, and The M&R Company.
Digital Textile Printing Machine Market Segments:
• Directly to the garment
• Directly on the fabric
• Clothes and accessories
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Besides, the huge advantages offered by the machines and the increased awareness of environmentally friendly products are expected to propel the growth of the digital textile printing machines market. Analog textile printers have a high carbon footprint, which is primarily responsible for environmental degradation.
Key Findings of the Digital Textile Printing Machine Market:
• By type of process, the direct manufacturing segment generated the highest revenue in 2017.
• By machine type, the multi-pass segment was the biggest contributor to revenues in 2017.
• Based on applications, the clothing and apparel segment was the largest contributor to revenue in 2017.
• Based on region, Asia-Pacific is expected to show the highest CAGR during the forecast period.
• Based on region, Europe generated the highest revenue in the market in 2017, followed by Asia Pacific, North America and LAMEA.
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