Dublin, Nov. 22, 2024 (GLOBE NEWSWIRE) — The “Digital Textile Printing Inks Market by Ink Type, Application – Global Forecast 2025-2030” report has been added to ResearchAndMarkets.com’s offering.
The Digital Textile Printing Inks Market grew from USD 1.26 billion in 2023 to USD 1.38 billion in 2024. It is expected to continue growing at a CAGR of 9.56%, reaching USD 2.39 billion by 2030. This report provides a detailed overview of the Digital Textile Printing Inks market, exploring several key areas:
- A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Market growth is propelled by factors such as technological advancements in printing technology, increasing preference for sustainable printing practices, and rising demand for high-resolution, customized prints. Rapid urbanization and evolving consumer preferences also drive the market. Latest potential opportunities lie in the expansion of digital printing to large format textiles, eco-friendly ink formulations, and the integration of smart textiles capable of conducting electricity.
However, the market faces limitations including high initial investment costs, competition from traditional printing methods, and challenges in ink formulation for differing fabric types. To overcome these, companies can focus on innovations such as biodegradable inks, improved ink penetration and adhesion technologies, and versatile inks compatible with diverse substrates.
Areas of innovation include developing non-toxic, sustainable ink solutions and enhancing the digital printing processes for efficiency and cost-effectiveness. The market is dynamic, with a growing trend towards customization and sustainability. Businesses should focus on enhancing R&D capabilities and forming strategic partnerships to stay competitive and capitalize on emerging trends.
Digital Textile Printing Inks Market Dynamics
- Market Drivers
- Growing Digitalization in Textile Industry
- Rapid development of printing methods
- Rising Need of Printed Textiles in Home and Hotel Furnishing & Decor
- Market Restraints
- High initial cost of digital printing inks
- Market Opportunities
- Extensive design possibilities of digital textile wide-spreading the applications across industries
- Emergence of sustainable prints in the market
- Market Challenges
- Reactive inks susceptible to hydrolysis affecting the quality of printed image
Key Company Profiles
The report delves into recent significant developments in the Digital Textile Printing Inks Market, highlighting leading vendors and their innovative profiles. These include:
- AM Printex Solutions
- BASF SE
- Clariant AG
- Dover Corporation
- DuPont de Nemours, Inc.
- Gans Ink & Supply Co.
- Heubach GmbH
- Huntsman Corporation
- InkTec Co. Ltd.
- JAY Chemical Industries Private Limited
- Kaleido Chemie Pvt. Ltd.
- Kornit Digital Ltd.
- MeiTu Digital Industry Co. Ltd.
- Mimaki Engineering Co. Ltd.
- Sawgrass Technologies, Inc.
- The Dow Chemical Company
- Zhengzhou Hongsam Digital Science and Technology Co. Ltd.
Market Segmentation & Coverage
This research report categorizes the Digital Textile Printing Inks Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Ink Type
- Acid
- Direct Disperse
- Pigment
- Reactive
- Sublimation
- Application
- Clothing or Garments
- Display
- Technical Textiles
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors’ market entry or exit decisions?
Key Attributes
Report Attribute | Details |
No. of Pages | 196 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $1.38 Billion |
Forecasted Market Value (USD) by 2030 | $2.39 Billion |
Compound Annual Growth Rate | 9.5% |
Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/i720zl
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- Digital Textile Printing Inks Market