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Digital Textile Printing Market size is set to grow by USD 3.33 billion from 2024-2028, Increasing number of trade shows and exhibitions to boost the market growth, Technavio

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NEW YORK, July 5, 2024 /PRNewswire/ — The global digital textile printing market  size is estimated to grow by USD 3.33 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 15.2%  during the forecast period.  Increasing number of trade shows and exhibitions is driving market growth, with a trend towards increasing significance of UV-cured inks. However, shift from print media to digital media  poses a challenge. Key market players include aeoon technologies GmbH, AM Printex Solutions, d.gen Inc, Dazian LLC, DIC Corp., Dover Corp., DuPont de Nemours Inc., Durst Group AG, FUJIFILM Speciality Ink Systems Ltd., Hollanders Printing Systems, Huntsman International LLC, Kornit Digital Ltd., Marabu GmbH and Co. KG, Mimaki Engineering Co. Ltd., Ricoh Co. Ltd., Roland DG Corp., Seiko Epson Corp., SPGPrints, Totem Group Ltd., and Zhengzhou Hongsam Digital Science and Technology Co. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Disperse and sublimation inks, Reactive ink, Acid ink, and Pigment ink), Application (Clothing, Soft signage, Home textiles, Textiles, and Others), and Geography (Europe, APAC, North America, South America, and Middle East and Africa)

Region Covered

Europe, APAC, North America, South America, and Middle East and Africa

Key companies profiled

aeoon technologies GmbH, AM Printex Solutions, d.gen Inc, Dazian LLC, DIC Corp., Dover Corp., DuPont de Nemours Inc., Durst Group AG, FUJIFILM Speciality Ink Systems Ltd., Hollanders Printing Systems, Huntsman International LLC, Kornit Digital Ltd., Marabu GmbH and Co. KG, Mimaki Engineering Co. Ltd., Ricoh Co. Ltd., Roland DG Corp., Seiko Epson Corp., SPGPrints, Totem Group Ltd., and Zhengzhou Hongsam Digital Science and Technology Co. Ltd.

Key Market Trends Fueling Growth

The digital textile printing market is experiencing significant growth due to the increasing popularity of UV-cured inks. These inks offer several advantages, including faster drying time, lower volatile organic compound (VOC) content, and the ability to print on various materials such as glass, vinyl, metals, and wood. UV-cured inks do not get absorbed by textiles, eliminating the risk of smudging and the need for additional coatings. Their properties include scratch and abrasion resistance, enhanced chemical and solvent resistance, no emissions, superior bonding, superior durability in outdoor spaces, and enhanced gloss. Furniture manufacturers are adopting UV-cured inks to save production time and increase volumes. The higher density achieved with UV-cured inks results in improved physical properties. Consequently, the trend towards UV-cured inks is expected to continue, driving the expansion of the global digital textile printing market. 

The Digital Textile Printing Market is experiencing significant growth due to trends like high-quality prints, antimicrobial and UV protective properties, conductive functionalities, and smart textiles. Businesses prioritize textile safety, waste disposal, and chemical usage, driving innovation in technology. Young consumers seek personalized and customized products, fueling trends in customization, social media, and influencer marketing. Environmental concerns are a priority, leading to advancements in 3D printing technology and unique textile designs with intricate structures. Key players focus on print speeds, resolution, prototyping, and short run production for design flexibility. Traditional printing methods face competition from digital technologies offering wider color gamuts, textures, and finishes. The market includes various applications such as home textiles, signage, interior decoration, apparel, and promotional materials. High-quality labels, e-commerce platforms, online retail, and supply chain management are essential components. Advancements include laser printing, labels, lightweight components, complex geometries, custom implants, and prosthetics. The printing machinery market continues to evolve, offering high-resolution images and advanced technologies for the apparel market and beyond. 

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Market Challenges

The digital shift in media consumption poses a notable challenge for the global digital textile printing market. Traditional print media, including newspapers and magazines, are losing ground as consumers increasingly turn to digital platforms for content. Factors driving this trend include the widespread use of digital devices like smartphones and tablets, as well as the rise of social media for marketing. To stay competitive, digital textile printing companies must focus on innovation and differentiation. This could involve investing in new technologies, such as 3D printing or eco-friendly processes. Additionally, exploring niche markets and customized services, such as small business printing or personalized clothing, can help companies stand out. Despite these challenges, the digital textile printing market will continue to grow, albeit at a slower pace than previously anticipated.The Digital Textile Printing Market faces several challenges in various sectors. For substrates, ensuring compatibility with different textiles like cotton, silk, and polyester is crucial. Eco-friendliness is a significant concern, with the demand for sustainable, water-based piezo inks growing. Quality-based products are essential for clothing, households, technical textiles, and display industries. Fashion industries, including sportswear, require moisture control and excellent wash fastness. Dye-sublimation is popular for customized printing services, but its production cost and raw material expenses are high. Heat transfer paper and dye sublimation printers are key components, with automation and heat press processes streamlining production. Ink formulations, including reactive, acid, direct disperse, sublimation, pigment, and water-based inks, impact color vibrancy and print quality. Fashion designers and textile manufacturers collaborate to create innovative designs, while fashion brands and the apparel industry seek smarter production workflows, reducing errors and enhancing efficiency. Display devices, wearable electronics, and electronic circuits are emerging applications for digital textile printing. The Internet of Things and industrial printing further expand market opportunities.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This digital textile printing market report extensively covers market segmentation by

Type 1.1 Disperse and sublimation inks1.2 Reactive ink1.3 Acid ink1.4 Pigment inkApplication 2.1 Clothing2.2 Soft signage2.3 Home textiles2.4 Textiles2.5 OthersGeography 3.1 Europe3.2 APAC3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Disperse and sublimation inks-  The digital textile printing market is growing steadily due to its advantages over traditional methods. It offers faster production times, lower costs, and greater design flexibility. Brands and manufacturers are increasingly adopting digital textile printing for its ability to produce small batches and custom designs efficiently. Additionally, advancements in technology have improved print quality and color accuracy, making it a preferred choice for many in the textile industry.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

Digital textile printing is a cutting-edge technology that utilizes inkjet-based methods to print designs and patterns directly onto fabrics. This process eliminates the need for screens and allows for greater design flexibility and customization. The market for digital textile printing is growing rapidly due to the increasing demand for printed textiles in various industries, including fashion, home textiles, and advertising. Fabrics used in digital textile printing can range from cotton and silk to synthetic materials. Inks used in this process include water-based, pigment, and dye sublimation inks, each with its unique advantages in terms of color vibrancy and print quality. The digital printing process involves various stages, including steaming and heat treatment, to ensure the ink bonds properly with the fabric. Advanced machinery and skilled manpower are essential to ensure smarter production workflows and error reduction. The Internet of Things (IoT) is also transforming digital textile printing by enabling real-time monitoring and control of production processes. Digital printing materials include not only textiles but also bedsheets, banners, sports apparel, flags, vehicle wrapping, and interior textiles. Overall, digital textile printing offers numerous benefits, including faster production times, lower waste, and greater design flexibility, making it a preferred choice for various industries.

Market Research Overview

Digital textile printing is a cutting-edge technology that revolutionizes the textile industry by enabling the production of high-quality, customized, and unique textile designs. Inkjet-based method is the most common technique used in digital textile printing, which involves jetting ink droplets onto fabric using a digital printer. The fabric, which can be cotton, silk, or polyester, among others, is treated with inks, such as reactive, acid, direct disperse, sublimation, pigment, or water-based, depending on the specific application. Fashion trends, automotive sector, infants, and old people are among the numerous industries that benefit from digital textile printing. The technology allows for the production of printed textiles with vibrant colors, excellent print quality, and moisture control, making it ideal for clothing, households, and technical textiles. Moreover, digital textile printing enables the creation of smart textiles with conductive functionalities, antimicrobial properties, and UV protective properties. The technology also offers eco-friendly solutions with the use of water-based inks and automation, reducing errors and smarter production workflows. The digital textile printing market is continuously evolving, with advancements in technology such as hot melt printing, 3D printing, and dye-sublimation. The industry also faces challenges such as production cost, raw material cost, and waste disposal, which are being addressed through innovation and sustainability efforts. Fashion designers, textile manufacturers, fashion brands, and the apparel industry are key players in the digital textile printing market, leveraging the technology to produce high-quality prints, customized products, and personalized designs. The market is also influenced by factors such as print speeds, resolution, and the increasing popularity of social media and influencer marketing. As the digital textile printing market continues to grow, it is essential to consider environmental issues, such as chemical usage and textile safety, and the potential for unique textile designs and intricate structures using 3D printing technology. The young population’s preference for customization trends and the Internet of Things’ integration into textiles are also driving the market’s growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeDisperse And Sublimation InksReactive InkAcid InkPigment InkApplicationClothingSoft SignageHome TextilesTextilesOthersGeographyEuropeAPACNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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The Ar-King of Spirits: Ed Arking’s Impact on the Liquor Industry

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In the interest of providing luxury liquors in a convenient and stress-free format, Served Neat was born. When asked about his intentions for the company, Ed states, “My goal with Served Neat is to create a one-stop shop where customers can easily discover these rare gems.”

MOORESTOWN, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — Served Neat is an emerging online platform with a curated selection of some of the world’s most popular luxury spirits. The website offers daily flash deals that highlight a variety of high-end international brands including Pappy Van Winkle, Buffalo Trace, Clase Azul, and more.

“While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Ed and Joe Arking, the father-son team behind the concept of Served Neat, have decades of experience hand-selecting and supplying sought-after liquors. Ed Arking, CEO of New Jersey’s Roger Wilco, grew up in the world of wine and spirits and formed his own business aspirations.

“Growing up, I watched my father navigate and succeed in the ever-evolving wine and spirits industry,” Ed explains. “While I always aspired to create something similar, I knew I needed to wait for the right moment.” Ed has gone on to manage his own liquor store and lead projects for up-and-coming brands, such as the vodka-infused and non-carbonated Smooth Water.

As he evolved in his career, Ed discovered the perfect time to make his lifelong vision a reality. He recalls, “I noticed a gap in the market—especially for whiskey and tequila. These categories have surged in popularity, making it difficult for the everyday consumer to find those elusive sought-after allocated bottles.”

In the interest of providing luxury liquors in a convenient and stress-free format, Served Neat was born. When asked about his intentions for the company, Ed states, “My goal with Served Neat is to create a one-stop shop where customers can easily discover these rare gems.”

When it comes to Served Neat, quality and knowledge is key. Ed adds, “While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Served Neat is the sister company to WTSO and The Wine Market, two online platforms dedicated to sourcing and distributing top-notch wines from every corner of the globe.

At The Wine Market, an online marketplace for the world’s most popular wine brands, convenience and quality are key. Each bottle in their curated collection is a testament to exceptional flavor and craftsmanship.

Since 2006, WTSO has enjoyed creating a unique wine experience and sharing it with new beginners and seasoned connoisseurs alike. Using an extensive network of wineries and wine makers, WTSO connects customers to thousands of brands from top wine appellations around the globe. The strong relationships they’ve formed within the wine world allow the business to deliver authentic and high-quality bottles to homes across the United States.

Wine and spirits lovers alike are invited to explore Served Neat, WTSO, and The Wine Market to find their next favorite bottle. Visit their websites to learn more about these one-of-a-kind online marketplaces!

Media Contact

Julie Blount, WTSO, 1 8669572795, marketing@wtso.com

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SOURCE WTSO

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Compete for $150K Prizes: Join Spatial Joy 2024 The Global AR Application Development Championship

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HANGZHOU, China, Sept. 21, 2024 /PRNewswire/ — Spatial Joy 2024 The Global AR Application Development Championship is now open for registration! Organized by Rokid, a global leader in human-computer interaction through augmented reality, this championship invites AR developers globally to harness voice, gesture, and visual AI technologies to create groundbreaking AR experiences. Powered by the self-developed YodaOS-Master operating system, Rokid AR glasses deliver exceptional spatial computing performance.

What is Spatial Joy 2024 about?
In September 2022, Rokid kicked off its first AR Application Development Championship. The second championship, held last year in collaboration with Unity and Agora, quickly established itself as the largest AR application development event in China. As Rokid celebrates its 10th anniversary this year, we are excited to present “Spatial Joy,” our newly branded global championship, open to developers worldwide for the first time, and positioned as the flagship event in the AR industry.

Why join Spatial Joy 2024?

Compete for a $150,000 prize poolFree access to Rokid AR Lite or Rokid AR studioDiscounted rates on purchasing Rokid productsFree participationTechnical support from Unity and AgoraInternational exposure within the AR industryOpportunity to attend the award ceremony in China

Who can participant?
The championship is open to global AR developers of all levels, including students, independent developers, teams, and professionals across sectors such as healthcare, retail, education, gaming, entertainment, lifestyle, and more.

How to register?
Detailed registration guidelines and requirements are available online at [https://t.rokid.com/iwvwcxkn]. Developers can register and submit their projects through Rokid official website at [www.global.rokid.com].

Spatial Joy 2024 Timeline:

Registration Deadline: October 16, 2024Final Project Submission Deadline: November 15, 2024Finalists Announcement: December 27, 2024Award Ceremony: January 11, 2025

About Organizer
Rokid has expanded its global presence, making notable progress in key markets across North America, Europe, and Asia, including a successful campaign on Kickstarter. With a decade of expertise, Rokid has revolutionized AR technology, transforming how users interact with both digital and physical environments.

Join us in shaping the future of AR with Rokid – enter Spatial Joy 2024 The Global AR Application Development Championship Now!

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SOURCE Rokid

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Summit of Whose Future? Girls Have the Answers: Leaders Must Listen

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Young Women Activists Launch “What Girls Want,” Demand World Leaders Put Girls at the Center of Summit of the Future 

NEW YORK, Sept. 21, 2024 /PRNewswire/ — Today in New York, more than 50 young women from around the world – including Nobel Prize Laureate Malala Yousafzai – gathered to take government to task for failing to prioritize girls and young women in the upcoming Summit of the Future. The group is backed by acoalition of girl-centered non-profit organizations, institutions, and funds who synthesized the demands of girls at www.whatgirlswant.com.

At a demonstration near the UN, alongside life-size cutouts of world leaders dressed ironically as “girl experts”, the activists delivered a strong message: world leaders aren’t the experts on what girls want for their futures – girls are. 

Eylül Erçin, 19, from Türkiye, shared: “The time has passed for girls and young women to be treated as mere afterthoughts. Leaders must include us in the foundational design of these processes, ensuring that our priorities are integrated into shaping the future we will inherit. Anything less is unacceptable.”

Today’s event is about more than calling out a process failure. Girls i from around the world delivered a forward-looking call to action this week. They expect governments, institutions, and community leaders to step up and help shape a more equitable future.

Alongside fellow activists, Malala said: “Even at 27, I know better than to assume I understand best what girls want. Everywhere I go, girls are eager to share their vision for their futures. As adults, it is our job to listen, fund their work and follow their lead. It is not too late for world leaders to do right by girls. They can start by prioritizing their demands in tomorrow’s final Summit deliberations and by investing resources to match their words.”

The evidence is clear: investing in girls and delivering on their rights transforms economies, societies, and the environment, advancing the SDGs and building a future that girls deserve.

About What Girls Want 

This effort was produced by a collaboration of girl-centered organizations, institutions, funders, and allies. The campaign is anchored around work to collate insights, data, and stories from 20+ public consultations with girls and young women over the past decade, driven by a shared desire to center girls’ demands in spaces where they are being ignored. 

Contact:

whatgirlswantpress@gmail.com

nate.powers@edelman.com

Logo – https://mma.prnewswire.com/media/2384993/Women_Deliver_Logo.jpg 

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