The global Digital Textile Printing Machine Market is estimated to reach USD 1248million by 2025 and is anticipated to grow at a CAGR of10.0% during the forecast period, according to a comprehensive study added by Report Ocean,
The report offers an in-depth analysis of major driving factors, segments, regions & countries and key players in the market. Moreover, the report also outlines the competitive scenarios across different geographies along with key developments which include mergers and acquisitions, new product or services development, R&D activities, thus giving insights to the market players about the major regions gaining traction.
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Growth Factors and Restraints
Digital textile printing machine is a mechanical machine that prints graphics or designs directly on the fabric using computer software and inkjet technology. There is an increase in demand for the machine, owing to the increase in demand for fast and short-run products, rise in sales of clothing and homecare products through e-commerce, and growth in its applicability in the lifestyle, promotional, and advertisement products. In addition, huge benefits offered by the machines and increased awareness about eco-friendly products are expected to propel the market growth. However, enduring competition from traditional textile printing machines poses a threat to the market growth.
The worldwide Digital Textile Printing Machine market research report provides a deep-dive analysis of the present market situation and future market trends. The analysis provided in the report help the manufacturers, companies, service providers, etc. as a major guiding factor for decision making and analyzing the current and future market situations. The report also analyzes the major players operating in the market.
List of major players operating in the Digital Textile Printing Machine market include:
launch, partnership, and expansion as their key strategies to meet the change in consumer demands. Furthermore, they launched energy-effective digital textile printing machines of different sizes to strengthen their market position.
Rise in disposable income, lifestyle changes, technological advancements, and upsurge in consciousness towards fashion & benefits offered by digital textile printing globally drive the digital textile printing machine market growth. The key players have adopted various strategies such as acquisitions, product launches, partnerships, collaborations, and others to stimulate their businesses in the global digital textile printing machine market. For instance, EFI acquired Reggiani Macchine to provide advanced digital printing technology with a wide variety of product portfolio. However, harmful effects associated with the use of digital textile printers impede the market growth. On the contrary, high speed of textile printing machines and high productivity are expected to provide lucrative opportunities for the key players in the digital textile printing machine industry.
Based on process type, the direct-to-fabric segment is projected to dominate the global digital textile printing machine market throughout the study period owing to its widespread usage, high speed, and high color gamut. Based on application, clothing & apparel has the largest market share in the digital textile printing machine market during the forecast period. Its market share is expected to grow because of the new varying fashion trends, and increased demand for branded clothing by consumers. Furthermore, others in the application segment such as industrial furnishing, corporate furnishing, and packaging in the application segment are expected to grow at the highest CAGR during the forecast period, owing to a rise in demand for automotive textiles, packaging of products, corporate furnishing, and event management shows.
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Major highlights of the Table of Contents of the study:
- Market Overview & Summary
- Market Dynamics
- Market Share Analysis
- PORTERS Analysis
- PESTEL Analysis
- Value-chain Analysis
Why purchase this report
- The report would provide an in-depth analysis of the current and future market trends
- Analysis of both global, regional and country lever markets
- Key strategic initiatives are taken by major players operating in the market along with ranking analysis for the key players
- Analysis based on historical information along with the current trends to estimate the future of the market
- Analysis of the impact of constantly changing global market scenarios on the market
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