The Global Textile Printing Machines Market size is estimated to be USD 10.18 billion in 2019 and is predicted to reach USD 17.78 billion by 2030 with a CAGR of 5.2% from 2020-2030. Textile Printing Machines is a machine which is used for the printing of various designs, patters, and others by the help of different inks on different fabrics such as cotton, silk, wool, synthetic and others. These machines are highly efficient and require continuous maintenance as these machines are highly prone to in clogging, drying and others which may affect the efficiency and also reduces the quality.
Market Dynamics and Trends
There has been development in the living standards and changing preferences in the terms of fabrics over the period of time. Furthermore, there have been development in the infrastructure coupled with various technological advancements are also expected to fuel the growth of textile printing machines market.
The other factors include fast changing fashion trends, increase in disposable income and continuous growth of textile industry are also expected to enhance the market growth. However, high cost of production and harmful effects of dyes on environment are expected to inhibit the growth of textile printing machines market. On the other hand, increase in digitalization and hybridization of the printing technology coupled with innovation is expected to create lucrative opportunities in the textile printing machines market over the forecast period.
Market Segmentations and Scope of the Study:
The global textile printing machines market share is analyzed on the basis of type, application, and geography. On the basis of type, the market is segmented into Rotary Screen Printing, Automatic Flat Screen Printing, Handscreen Printing, Dye Sublimation Transfer Printing, Digital Textile Printing, Hybrid Printing Machines, and Others. On the basis of application, the market is divided into Clothing/Garments, Household, Display & Others, and Technical Textiles. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
North America is expected to account for the major market share owing to the increased adoption of textile printing machines with increase in digital technology. Furthermore, increase in technological advancement and presence of developed infrastructure and changing consumer preferences are also expected to support the growth of textile printing machines market.
Asia Pacific is expected to show rapid growth owing to the fast developing textile industry coupled with fast developing fashion trends. Furthermore, increase in disposable income and changing patterns are also expected to contribute the growth of textile printing machines market.
The textile printing machines market, which is highly competitive, consists of various market players. Some of the major market players include Apsom Technologies (India) Pvt. Ltd., AGFA-GEVAERT N.V., Electronics for imaging Inc., Durst Group (Durst Phototechnik AG), Konica Minolta Inc., J. Zimmer Maschinenbau GmbH, MHM SIEBDRUCKMASCHINEN GmbH, Kornit Digital Ltd., Roq International, Ricoh Company, Ltd. (Anajet), Seiko Epson Corporation, Sawgrass Technologies Inc., The M&R Companies and Spgprints B. V. among others.
Over the period of time there have been various developments taken place in the market which are further expected to takes place in near future. For instance, in September 2019, Epson has announced two 64-inch, dye-sublimation printers, the SureColor SC-F9400H and the SC-F9400. The printers have been developed primarily for fast, high-volume printing, for clothing, textiles and soft signage, as well as other printed merchandise. The SC-F9400H also offers businesses the option of printing with two genuine florescent ink solutions (yellow and pink), which brings bright, vivid colours to the production of sportswear, workwear and fashion items. The SC-F9400 series is an evolution of trusted Epson print technology and provides enhanced quality with even greater productivity and reliability.
- The textile printing machines market report provides the quantitative analysis of the current market and estimations through 2020-2030 that assists in identifying the prevailing market opportunities to capitalize on.
- The study comprises a deep dive analysis of the textile printing machines market trend including the current and future trends for depicting the prevalent investment pockets in the market.
- The information related to key drivers, restraints and opportunities and their impact on the textile printing machines market is provided in the report.
- The competitive analysis of the market players along with their market share in the global textile printing machines market.
- The SWOT analysis and Porters Five Forces model is elaborated in the study.
- Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
KEY MARKET SEGMENTS:
- Global Textile Printing Machines market – By Type
- Rotary Screen Printing
- Automatic Flat Screen Printing
- Handscreen Printing
- Dye Sublimation Transfer Printing
- Digital Textile Printing
- Hybrid Printing Machines
- Global Textile Printing Machines market – By Application
- Display & Others
- Technical Textiles
- Global Textile Printing Machines market –By Geography
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of RoW
- North America