The global Silk Printed Textile Market size was relatively large in 2020 and is expected to register a double-digit revenue CAGR over the forecast period. Major factors driving market revenue growth are changing consumer preferences and rapid developments in the fashion industry coupled with technological advancements in newer fabrics and textiles. Printed textile production is currently gaining rapid traction and is relatively more cost-effective than other materials with designs in the market. Large scale adoption of digital printing and rising demand for more individualized textiles and designs are expected other key factors expected to drive market growth going ahead. Technological advancements and developments such as 3D printing is expected to open up opportunities for wide adoption of printed modes for luxury and sophisticated clothing over the forecast period.
Top Companies Operating in the Global Silk Printed Textile Market:
Fabric Wholesale Direct, Seiko Epson Corporation, Seride Srl, Kornit Digital, Konica Minolta, Inc., Hollyflower, Shahlon Group, Roland DGA Corporation, and Globe Textiles (India) Ltd.
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The factors that drive the industry's growth are highlighted in the report. The report divides the Silk Printed Textile Market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and market size, geographic presence, and development and manufacturing capabilities.
Market Overview:
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
The adoption of digital technologies by oil, gas, and chemical firms has been fueled primarily by cost savings and greater reliability. Many organizations in these areas saw excellent benefits from advanced market sensing, improved operational optimization, and expanded usage of "in silico" simulations. Companies' existing digital technologies provided an advantage with the abrupt entrance of COVID-19 and the accompanying shutdown of facilities and work sites, but they were often insufficient for the level of remote working and cybersecurity that was suddenly required.
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Silk Printed Textile Market Segmentation
By Product (Revenue, USD Million; 2018 – 2028)
- Cotton
- Silk
- Polyester
- Others
By Ink Type (Revenue, USD Million; 2018 – 2028)
- Acid Dye
- Disperse Dye
- Pigment Dye
- Reactive Dye
- Others
By Technology (Revenue, USD Million; 2018 – 2028)
- Traditional Printing
- Digital Printing
By Application (Revenue, USD Million; 2018 – 2028)
- Apparel & Fashion
- Home Furnishing
- Technical Textiles
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Silk Printed Textile Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Silk Printed Textile Market.
The global Silk Printed Textile Market is segmented into:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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