Global Digital Textile Printing Inks Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Overview and Scope

Digital textile printing inks refer to specialized inks used for digital printing applications to directly transfer designs, patterns, or images onto a range of textile materials, such as cotton, polyester, silk, and their blends. These inks are formulated specifically for compatibility with digital printing equipment, such as inkjet printers adapted for textile printing.

Sizing and Forecast

The digital textile printing inks market size has grown rapidly in recent years. It will grow from $1.39 billion in 2023 to $1.66 billion in 2024 at a compound annual growth rate (CAGR) of 19.1. The growth in the historic period can be attributed to demand for customization, expansion of textile applications, rise of e-commerce, expansion of fashion industry.

The digital textile printing inks market size is expected to see rapid growth in the next few years. It will grow to $3.38 billion in 2028 at a compound annual growth rate (CAGR) of 19.6%. The growth in the forecast period can be attributed to increasing demand for customization, rising environmental concerns, expansion of e-commerce, demand for fast fashion, urbanization and population growth. Major trends in the forecast period include integration of nanotechnology, development of water-based inks, advancements in UV-curable inks, innovation in conductive inks, adoption of dye-sublimation inks.

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Segmentation & Regional Insights

The digital textile printing inks market covered in this report is segmented –

1) By Ink Type: Reactive, Acid, Direct Disperse, Sublimation, Pigment
2) By Printing Technology: Roll To Roll, Direct-To-Garment (DTG)
3) By Application: Clothing Or Garments, Household, Technical Textiles, Display, Other Applications
4) By End-Use Application: Fashion, Sportswear, Home Textiles, Soft Signage

Europe was the largest region in the digital textile printing inks market in 2023. The regions covered in the digital textile printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

The expanding textile industry is expected to propel the growth of the digital textile printing inks market going forward. The textile industry encompasses the production of fibers, yarns, fabrics, and finished textile products. It’s a diverse sector that involves various processes such as spinning, weaving, knitting, dyeing, printing, and finishing. The textile industry is expanding due to economic growth, employment opportunities, supply chain development, export opportunities, and social development. Digital textile printing inks are used in the textile industry to create high-quality, customized designs on fabric using digital printing technology, which makes them capable of producing high-quality, on-demand printed fabrics for fashion, home décor, and other applications. For instance, in March 2023, according to reports published by Textile World, a US-based publication in the textile industry, US shipments of clothes, textiles, and man-made fiber were worth $65.8 billion in 2022, up from $64.04 billion in 2021. Therefore, the expanding textile industry is driving the growth of the digital textile printing ink market.

Key Industry Players

Major companies operating in the digital textile printing inks market are BASF SE, Ricoh Group, E.I.du pont de nemours company, Dover Corporation, Huntsman Corporation, JK Group, Brother Industries Ltd, Sun Chemical, Sensient Technologies Corporation, DyStar Group, Epson America Inc, Kornit Digital Ltd, SPGPrints B.V., Nazdar Company, INX International Ink, Durst Group, Marabu GmbH & Co KG, Sawgrass Technologies Inc, Sawgrass Technologies, J-Teck3 S.r.l., Colordyne Technologies LLC, Bordeaux Digital PrintInk Ltd, Zhengzhou Hongsam Digital Science & Technology Co Ltd, Toyo Ink SC Holdings Co, Inktec Corporation, BluePrint Digital, Sensa Inks & Coatings Pvt Ltd, InkTec Co Ltd

The digital textile printing inks market report table of contents includes:

1. Executive Summary

2. Digital Textile Printing Inks Market Characteristics

3. Digital Textile Printing Inks Market Trends And Strategies

4. Digital Textile Printing Inks Market – Macro Economic Scenario

5. Global Digital Textile Printing Inks Market Size and Growth
…

32. Global Digital Textile Printing Inks Market Competitive Benchmarking

33. Global Digital Textile Printing Inks Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Digital Textile Printing Inks Market

35. Digital Textile Printing Inks Market Future Outlook and Potential Analysis

36. Appendix

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