Global Printed Textile Market – Industry Trends and Forecast to 2029

Printed Textile Market Analysis and Size

The textile market is developing rapidly. Significant trends such as increasing purchasing capability, growing population and rapidly changing fashion trends are the key factors for the printed textile market growth. There has been constant change in the fashion industry due to changing consumer preferences. The growing focus of the fashion designers and clothing industries on creating new designs to expand their market share and consumer base is expected to significantly boost the demand for printed textiles.

Data Bridge Market Research analyses that the printed textile market was valued at USD 191.82 million in 2021 and is expected to reach USD 393.58 million by 2029, registering a CAGR of 9.40% 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.

 Printed Textile Market Scope and Segmentation

Market Definition

Printed textile hosts a wide variety of textile art, and one such popular form is printing. Printing is mainly used to signify production by using several colored designs or patterns upon all sorts of fabrics such as jute, cotton, linen, silk, and numerous combinations of these with other fibers.

 Global Printed Textile Market Dynamics

Drivers

• High usage of polyester printed textiles

Polyester printed textiles are in high demand due to their product’s properties such as resistance to shrinking, wrinkles, high strength, low fabric cost, and abrasion. The rising demand of polyester printed textiles are anticipated to drive the growth rate of the printed textile market

• Rise in demand due to fast fashion products

The growing demand for "fast fashion" products due to changing the behavior of consumers, faster adaptability, rapid urbanization, and increasing disposable income and reduced time of fashion designs are anticipated to drive the demand for printed textile solutions in the apparel and garment sector.

• Increasing demand of printed textile in household applications

The increasing penetration of printed textiles in several household applications such as soft furnishing, upholstery, kitchen clothing, and bedding is expected to contribute positively to the growth of the market. Also, increasing demand for interior designing and renovation among the consumers is anticipated to boost the demand for printed textiles in the market.

Opportunities

• Growing product launches

The surging product launches and other innovations by market players further offer numerous growth opportunities within the market. For instance, New York fashion week displayed an extensive range of colourful and complex designs in 2019. The designs displayed complex elements by 3D printing such as butterfly and insect wings to show the level of sophistication reached by technology today. 

The advanced digital printing technology involves using mild solvents and less-harmful chemicals than those used in conventional printing technologies, such as solid ink printing and offset printing. Therefore, the growing focus on cost effective productions and green printing will increase the demand for the printed textile in the upcoming year.

Restraints/ Challenges

• Issues associated with printed textile market

High expense associated with the advanced printed textile, volatility of prices of raw materials and hazardous effects of digital printing inks is some major factors restraining market growth. Maintenance costs, highly porous and textured surface, registration requirements, and lack of awareness regarding the availability of advanced equipment in the market is further hampering the growth of the printed textile market

This printed textile 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 printed textile 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.

COVID-19 Impact on Printed Textile Market

The outbreak of COVID-19 pandemic has impacted the growth of the printed textiles market all over the globe. This can be associated with the increasing fluctuations in costs of raw materials, lockdown being imposed by the majority of the countries and hindrance in the supply chain. Furthermore, the products obtained from these printed textiles are non-essential goods due to this, their demand has been decreased significantly.

On the flip side, the increasing demand for an extensive variety of face masks coupled with the surging demand for clothes for protection and cleaning purposes is expected to boost the market growth over the post-pandemic period.

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.

Global Printed Textile Market Scope

The printed textile market is segmented on the basis of  ink type, product, technology 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.

Ink Type

• Acid Dye
• Disperse Dye
• Pigment Dye
• Reactive Dye
• Others

 Product

• Cotton
• Silk
• Polyesters
• Others

Technology

• Traditional Printing
• Digital Printing

Application

• Fashion
• Household
• Technical Textiles
• Others

Printed Textile Market Regional Analysis/Insights

The printed textile market is analysed and market size insights and trends are provided by country, ink type, product, technology and application as referenced above.

The countries covered in the printed textile 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 printed textile market in terms of revenue and market share. This is due to increased consumption of printed clothing in India, Indonesia, China, Japan and Thailand and increase in the adoption of digital fabric printing in India and China.

North America is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to the increasing demand for individualized clothing options, growing demand for personalized choices and rising disposable incomes in this region.

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 Printed textile Market Share Analysis

The printed textile 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 printed textile market.

Some of the major players operating in the printed textile market are:

• Aeoon Technologies GmbH (Austria)
• ATPColor (Italy)
• Bordeaux Digital PrintInk Ltd. (Israel)
• DURST GROUP AG (Italy)
• Hollanders (Netherlands)
• Kornit Digital (Israel)
• SPGPrints  (Netherlands)
• Brother International Corporation (Japan)
• Colorjet Group (India)
• d.gen (South Korea)
• Konica Minolta Business Solutions India Private Limited (Japan)
• Mimaki Engineering Co. Ltd. (Japan)
• Mutoh Holdings Co. Ltd. (Japan)
• Ricoh (Japan)
• Roland DG Corporation (Japan)
• Seiko Epson Corporation (Japan)
• DuPont (U.S.)
• Electronics For Imaging, Inc. (U.S.)
• Huntsman International LLC (U.S.)
• Marabu GmbH & Co. KG(Germany)
• Sawgrass Technologies (Us)
• Sensient Colors LLC (U.K.)
• Trendvision Technology ( Zhuhai ) Co., Ltd.(China)

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