Global Discharge Inks In Textile Industry Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 114.13 Billion |
Market Size (Forecast Year) |
USD 220.82 Billion |
CAGR |
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Major Markets Players |
Global Discharge Inks in Textile Industry Market, By Process Type (Analog Screen Printing and Analog Rotary Printing), Discharge Type (Dye Discharge, Direct Discharge and Others), Application (Cotton Fabrics, Natural Fiber Garments and Others) – Industry Trends and Forecast to 2029.
Discharge Inks in Textile Industry Market Analysis and Size
Rapid increase in textile industry in emerging economies is projected to considerably boost the discharge inks market. Discharge inks used in the decolouration or dying process, the printed areas has no touch and does not need an underlayer of white on dark fabrics. These factors are expected to boost the growth of discharge ink textile market. In developing economies, nanotechnology usage in discharge inks to transform textile printing sector is creating an opportunity for the global discharge ink market.
Data Bridge Market Research analyses that the discharge inks in textile industry market was valued at USD 114.13 million in 2021 and is expected to reach USD 220.82 million by 2029, registering a CAGR of 8.60% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Discharge Inks in Textile Industry Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Process Type (Analog Screen Printing and Analog Rotary Printing), Discharge Type (Dye Discharge, Direct Discharge and Others), Application (Cotton Fabrics, Natural Fiber Garments and Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Tiflex (France), MagnaColours (U.K.), Suyog Industries (India), Inknovators (U.K.), Inkuin (Turkey), PolyOne Corporation (U.S.), Dongguan Winnerjet Printer Consumables Co., Ltd. (China), FX Pigments Pvt. Ltd.(India), Saastha creation (India) |
Market Opportunities |
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Market Definition
Discharge ink is a water-based ink that used as an activating agent to extract the dye from natural fibers, then adding the color dye of the consumer’s choice, giving it lightweight feel and super soft. Discharge inks are being use in garments with natural fibers such as 100% hemp or cotton and some natural or synthetic blends, such as cotton or polyester blends. The market leader needs to have a specialization in discharge inks, in order to determine the garment can be printed well. Discharge ink is the best solution for bright color, soft, lightweight, and high detail prints on dark garments.
Discharge Inks in Textile Industry Market Dynamics
Drivers
- Rising fashion industry
The fashion industry is developing at a rapid pace all over the globe, with the continuous growth of large clothing production houses in the developing countries. Furthermore, the increase in the entertainment industry is enhancing the need for the costumes and look-a-like of the clothing worldwide, which in turn, is contributing to the increase in the growth of the discharge inks in textile industry market across the globe.
- Increasing demand of dye discharge ink
The dye discharge ink will dominate the growth of the market globally since the process of dye discharge provides better shades to the cloth fabrics without any dispersion of the color at the unwanted spaces in a fabric. It is mainly used to design the dyed fabrics to make the fabric soft. Thus, the dyed discharge ink contributes the major share in the discharge inks in textile industry market across the globe.
Opportunities
- Growing demand of printed T-Shirts in the educational institutions
There is a growing trend for printed t-shirts, jackets, hoodie in the educational institutions. These printed clothing comprises the logo of the institute or organization along with other specialized designs. Consequently, a considerable development prospect in the printed t-shirts in the educational institutions can be anticipated, which will boost the demand of the discharge inks in textile industry and create immense opportunities for the market growth during the forecast period.
Restraints/ Challenges
- Issues associated with discharge inks in textile industry
Unavailability in raw material demand and supply due to volatility in their prices and the lockdown will pose a major challenge in the growth of the market. High cost associated with research and development activities, unfavourable market conditions arising due to outbreak of coronavirus and high switching price from analog to digital printing technology will reduce the market growth rate. Increasing availability of alternatives will also generate difficulties for the market.
This discharge inks in textile industry market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the discharge inks in textile industry market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In September 2019, FUJIFILM Corporation introduced its products at Labelexpo Europe. This new products are appropriate for several printing ink applications. With this product, the company gained huge name in the global market.
- In January 2019, PolyOne Corporation launched water-based printing inks at their Imprinted Sportswear Show. Discharge Inks in Textile Industry Market allow them to achieve bright colours. With this launch, the company gained huge recognition in the overall market.
Global Discharge Inks in Textile Industry Market Scope
The discharge inks in textile industry market is segmented on the basis of process type, discharge type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Process Type
- Analog Screen Printing
- Analog Rotary Printing
Discharge Type
- Dye Discharge
- Direct Discharge
- Others
Application
- Cotton Fabrics
- Natural Fiber Garments
- Others
Discharge Inks in Textile Industry Market Regional Analysis/Insights
The discharge inks in textile industry market is analyzed and market size insights and trends are provided by country, process type, discharge type and application as referenced above.
The countries covered in the discharge inks in textile industry market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the discharge inks in textile industry market in terms of revenue and market share. This is due China is leader in discharge inks manufacturing which Japan and India follow. The major market players are creating revenue from China owing to easy availability of raw materials necessary for the production of discharge inks for the textile industry.
Europe is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to growing awareness and business expansion among the customers in this region. Germany is dominating in the Europe market due to the rapid growth of textile industry rapidly in the European countries which is likely to drive the growth of the discharge inks in textile industry market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Discharge Inks in Textile Industry Market Share Analysis
The discharge inks in textile industry market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to discharge inks in textile industry market.
Some of the major players operating in the discharge inks in textile industry market are:
- Tiflex (France)
- MagnaColours (U.K.)
- Suyog Industries (India)
- Inknovators (U.K.)
- Inkuin (Turkey)
- PolyOne Corporation (U.S.)
- Dongguan Winnerjet Printer Consumables Co., Ltd. (China)
- FX Pigments Pvt. Ltd.(India)
- Saastha creation (India)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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