Digital Textile Printing Machine

According to a new report published by Allied Market Research, titled, “Digital Textile Printing Machine Market: Global Opportunity Analysis and Industry Forecast, 2017-2024, the global digital textile printing machine market was valued at $647 million in 2017, and is expected to reach at $1,248 million by 2024, growing at a CAGR of 10.0% during the forecast period. The direct-to-fabric segment accounted for more than half of the market share in 2017 and is expected to witness significant growth during the forecast period.

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 pose a threat to the market growth.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4475

The 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 such as industrial furnishing, corporate furnishing, and packaging in the application segment is expected to grow at the highest CAGR during the forecast period, owing to rise in demand for automotive textiles, packaging of products, corporate furnishing, and event management shows.

Key Findings of the Digital Textile Printing Machine Market:

  • By process type, the direct-to-fabric segment dominated the market in 2017, in terms of revenue and is projected to grow at a CAGR of 9.7% during the forecast period.
  • The clothing & apparel segment generated the highest revenue in 2017, and is estimated to grow at the growth rate of 8.9%.
  • In 2017, Europe was the dominant region in terms of revenue; however, Asia-Pacific is anticipated to grow at the highest CAGR in the market.
  • In Europe, Italy accounted for more than one-fourth of the market share in 2017.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4475

The key players profiled in this report are Durst Group, Electronics for Imaging (EFI), Inc., Konica Minolta, Kornit Digital, Mimaki, ROQ International, Sawgrass Technologies, Inc., Seiko Epson, SPG Prints B.V., and The M&R Company.

 

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

Shriram Dighe

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

Toll Free: +1-800-792-5285

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1⟨855⟩550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here