The report includes the study of digital textile printing machine market. The global market size was $647 million in 2017, and is projected to reach $1248 million in 2024, growing at a CAGR of 10.0%. Digital textile printing machine prints various patterns, or designs directly on the fabric using inkjet technology and a computer software.
New York, NY -- (SBWIRE) -- 06/17/2019 -- The report includes the study of digital textile printing machine market. The global market size was $647 million in 2017, and is projected to reach $1248 million in 2024, growing at a CAGR of 10.0%. Digital textile printing machine prints various patterns, or designs directly on the fabric using inkjet technology and a computer software.
The global digital textile printing machine market is segmented based on process type, application, and region. Based on process type, the market is categorized into direct-to-garment and direct-to-fabric. The direct-to-fabric segment is projected to dominate the global market throughout the study period owing to its widespread usage, high speed, and high color gamut. Based on application, the market is categorized into clothing & apparel, home furnishing, advertisement, and others. The clothing & apparel segment accounts for the maximum market share owing to its maximum usage and wide variety.
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Factors such as increase in awareness about fashionable clothing, rise in per capita income of individuals, and surge in demand for short run products propel the demand for digital textile printing machine products. Moreover, the ecological nature of digital textile printing boosts the market growth. In addition, stringent government regulations for reducing pollutants and increased standard of living of people supplement the expansion of the digital textile printing machine market. However, the unfavorable and dangerous effects associated with the machines is a major challenge faced by the players operating in the industry. Growth in demand for innovative & creative design options and increase in inclination toward newer and fresher color options offer promising opportunities for players in the digital textile printing machine industry. Moreover, increase in demand for high speed productivity of products provide lucrative business opportunity to the players.
KEY MARKET PLAYERS PROFILED:
Electronics for Imaging (EFI), Inc.
Sawgrass Technologies, Inc.
Seiko Epson Corporation
SPG Prints B.V.
The M&R Company
Apart from this, the valuable document weighs upon the performance of the industry on the basis of a product service, end-use, geography and end customer.
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Digital Textile Printing Machine industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Digital Textile Printing Machine industry.
A high focus is maintained on factors such as demand and supply, production capacity, supply chain management, distribution channel, product application and performance across different countries. The report not only offers hard to find facts about the trends and innovation driving the current and future of Digital Textile Printing Machine business, but also provides insights into competitive development such as acquisition and mergers, joint ventures, product launches and technology advancements.
A quick look at the industry trends and opportunities
The researchers find out why sales of Digital Textile Printing Machine are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2019 to 2025. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Digital Textile Printing Machine industry.
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KEY MARKET SEGMENTS
By Process Type
Clothing & Apparel
Region wise performance of the Digital Textile Printing Machine industry
This report studies the global Digital Textile Printing Machine market status and forecast, categorizes the global Digital Textile Printing Machine market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
This Digital Textile Printing Machine market report holds answers to some important questions like:
- What is the status of the Digital Textile Printing Machine market that is segmented on the basis sale as well as types?
- Which segment will generate more revenue for the Digital Textile Printing Machine industry in the coming years?
- Who are the leading international Digital Textile Printing Machine brands? Which product is consumed more?
- Which countries are expected to grow at the fastest rate?
- Which factors have attributed to an increased sale worldwide?
- What is the present status of competitive development?
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