Digital Textile Printing Ink Market Size, Scope, Growth, Analysis 2022
The global digital textile printing ink market size was valued at USD 1.2 billion in 2021 and is poised to grow at a significant CAGR of 11.0% during the forecast period 2022-28. When compared to screen printing, the use of digital textile printing equipment uses less water. With screen printing, 50-60 litres of water are consumed every metre of cloth, however in digital textile printing, water usage is decreased to 10 litres per metre, owing to the elimination of screen washing and fixing. Additionally, the use of digital textile printing equipment reduces colour and ink waste. When compared to screen printers, digital textile printers can save 60 percent on electricity.
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Adaptability to new fashion styles is becoming more popular among people. The growth of digital printing in the textile business has increased due to technological advancements in printing inks. Digital textile printing ink is critical in addressing numerous difficulties related to modern apparel and garment designs. Due to an increase in demand for 3D printing technologies and the rapid advancement of printing methods, the worldwide digital textile market is expected to grow significantly. Furthermore, the fashion industry is experimenting with 3D-printed t-shirts, footwear, and gowns, increasing demand for digital textile printing inks. High printing and investment costs, strict regulatory requirements for digital printing inks, and environmental difficulties caused by digital textile printing ink Solvent-based inks are the least environmentally friendly, due to increased volatile solvent emissions during printing and drying. As a result, governments are enforcing severe restrictions on the use of harmful printing inks. Furthermore, consumers prefer to print on textiles using harmless and less harmful printing inks, limiting the growth of the Digital Textile Printing Inks Market.
The global digital textile printing ink market segmentation:
- By Type: Reactive, Acid, Direct Disperse, Sublimation, Pigment, and Others
- By Substrate Type: Cotton, Silk, Polyester, and Others
- By Application: Garment, Decor, Industrial, and Others
Due to the demand for quicker turnaround times, shorter runs, and more changeable data printing with high quality, the Europe region now dominates the digital textile printing market and will remain to do so during the projection period. However, Asia-Pacific will have the largest CAGR during the forecast period. This is due to growing urbanisation, industrialisation, and understanding of printing technology. The expansion and growth of several end-user verticals in this region, such as the packaging industry, will generate more attractive and lucrative market growth prospects.
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There are several industry players working in the Digital Textile Printing Ink Market, which include Huntsman Corporation, Kornit Digital Ltd., Sensient Technologies Corporation, Sawgrass Technologies, SPGPrints B.V., Zhejiang Lanyu Digital Technology Co. Ltd
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