Inkwood
Research estimates that the Global Digital Textile Printing Inks Market is
evaluated to record a CAGR of 6.84% in terms of revenue and 8.61% in terms of volume
during the forecasting years of 2021-2028.
“Browse 51 Market Data Tables and 40 Figures
spread over 86 Pages, along with an in-depth TOC on the Global Digital Textile
Printing Inks Market Forecast 2021-2028.”
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Digital textile printing entails the
ink-jet based methods of printing colorants, on to the fabric material.
Moreover, digital textile printing inks are categorized into several types,
such as, acid, dispersed pigment, and reactive.
Advancements
in Printing Methods Propel Market Growth
Several textile printing methods, including
direct print, discharge print, resist print, pigment print, and specialty
print, are developing, and cater to the growing need for digital textile
printing, worldwide. With the development of dye-sublimation, it is now viable
to print with low-energy sublimation inks as well as high-energy disperse inks
directly on to textile media, through the process of heat. Besides, the rising
investments in research and development endeavors for developing innovative
methods of digital textile printing, integrated with the surge in per capita
disposable income, mainly in emerging countries, like Indonesia, India, Russia,
Poland, and China, play an essential role in driving the market growth. As a
result, the advancements in printing methods are projected to propel market
growth, over the forecast period.
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Display dominated
the Application Category in 2020
Display, in addition to other products,
include, pop-up displays, flags, posters, banners, and window displays. Soft
signage entails the signage on flexible woven materials or fabrics. Likewise,
digital printed soft signage utilized substrates, like, lycra, spandex, and
polyester. On the other hand, digitally printed textile displays are being
rapidly used across trade show exhibitions, owing to their benefits, such as,
the aesthetic appeal of fabric, especially over hard surfaces, the high quality
of color, and the ease in assembling.
North
America Set to Lead the Global Market
The demand for digital textile printing
inks in North America mainly arises from sectors like the fashion and
sportswear industry. Moreover, garment manufacturers based in the United States
are predominantly reliant on countries across the Asia Pacific for textile raw
materials, including, fabrics, yarn, and basic chemicals. This factor plays a
crucial role in facilitating market growth in North America. However, due to
the COVID-19 pandemic, the overall supply chain has been negatively
impacted.
The garment market is highly fragmented,
due to the extensive presence of companies. Moreover, cost-effective
manufacturing and the development of new products are anticipated to remain the
critical success factors for market players. As a result, industrial rivalry is
projected to be moderate over the forecast period. Some of the prominent
companies operating in the market include, BASF SE, Sawgrass Technologies, The
DyStar Group, Dover Corporation, Sensient Technologies Corporation, etc.
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About
Inkwood Research
Inkwood Research specializes in syndicated
& customized research reports and consulting services. Market intelligence
studies with relevant fact-based research are customized across industry
verticals such as technology, automotive, chemicals, materials, healthcare, and
energy, with an objective comprehension that acknowledges the business
environments. Our geographical analysis comprises of North & South America,
CEE, CIS, Middle East, Europe, Asia, and Africa.
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