With advantages in design flexibility, costs, inventory as well as environmental benefits, inkjet printing of textiles is poised to make major gains.
David Savastano, Editor07.27.20
Digital printing of textiles is on the rise. According to the Allied Market Research report “Global Digital Textile Printing Market by Ink Type, Substrate, Application: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global digital textile printing market was valued at $2.2 billion in 2019 and is projected to reach $8.8 billion by 2027, growing at a CAGR of 19.1% from 2020-27.
Meanwhile, the global printed textile market size was estimated at $146.5 billion in 2018 and is expected to register an 8.9% CAGR through 2025, per Grand View Research.
According to a report published by Allied Market Research – “Digital Textile Printing Inks Market by Ink Type and Application: Opportunity Analysis and Industry Forecast, 2020–2027” – the digital textile printing inks market was valued at $1,112 million in 2019, and is projected to reach $2,665.7 million by 2027, growing at a CAGR of 11.6% from 2020-27.
There’s so much in
Continue reading this story and get 24/7 access to Covering the Printing Inks, Coatings and Allied Industries - Ink World for FREE
Ink World magazine has tracked the growth of the ink industry and its allied industries through years of changes, technology, evolution, consolidation and market development. No other magazine has been around for as long or covered as much of the global printing ink business. This website is dedicated to providing in-depth industry coverage and late-breaking news.
Already a subscriber? Login