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Global Digital Textile Printing Ink Market Insight December 31, 2021 Comments

The Digital Textile Printing Ink is forecast to crazy increase over the next four years. According to the World Knowledge Information (WKI) “Global Digital Textile Printing Ink Professional Survey Report 2021, Forecast to 2026”, Replacing the technology used in latex or UV printing, digital textile printing inks impart durability and high-quality appearance and gloss. Therefore, the demand for the digital textile printing ink market is increasing.The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 12.15% base on WKI regression analysis model.

Analysts’ Viewpoint:
“Compared with the original design of the final product, digital printing technology makes color matching easy and simple, so it is recommended that the manufacturer create a single sample of the same quality.”said Jennie, Senior analyst, Chemical industry Market Research Center in WKI.

Market insight:
In recent years, the textile digital printing ink market has developed rapidly. This is mainly due to the growth of the global textile industry. Textile digital printing inks play an important role in solving several problems related to clothing and new clothing designs. It is expected that during the forecast period, the increase in the use of textile digital inks in the apparel and apparel industries will promote the development of the textile digital printing ink market. Increased demand for promotional clothing, flags and banners is expected to create significant opportunities for the printing ink industry. Digital textile inks are used for banner and flag printing. It is expected that the increase in advertising demand will also drive the demand for textile digital printing inks during the forecast period. However, the higher investment cost of digital printing will create obstacles for the digital textile printing ink market.
Competition Landscape:
In January 2019, Color Solutions International (CSI), a subsidiary of the DyStar Group, established a partnership with Datacolor. Datacolor is one of the leaders in color management technology, and CSI is one of the leading suppliers of color standards and tools in the textile industry. The main motivation for this collaboration is to use Datacolor’s portable color measurement equipment to identify and select colors from a variety of colors. This partnership improves the textile color recognition process through the use of color reader specialized equipment or technology.The major players in the digital textile printing ink market include: DowDuPont Inc., BASF SE, Jay Chemical Industries Ltd., SPG Prints, Global Imaging, Huntsman Corporation, Kornit Digital Ltd, Zhejiang Lanyu Digital, Technology Co., Ltd., Sensient Technologies, Sawgrass Technologies, Inc.
Segmentation of Digital Textile Printing Ink Market:
In terms of ink types, the global textile digital printing ink market can be subdivided into disperse type, active type, acid type and pigment type.Disperse dyes occupy the largest share in the textile digital printing ink market, and polyester fabrics are printed with disperse dye inks (disperse inks). Their brightness is different from acid ink and reactive ink. However, when heated to a high temperature, the dye becomes gaseous and is absorbed into the polyester fiber because the fabric printed with disperse ink is very washable because the dye cools and condenses and sticks to the fiber.In terms of application, the global textile digital printing ink market can be divided into apparel and ready-to-wear, technical textiles, banners and flags, displays, etc.Clothing has always been a major market for textile digital printing inks. Due to the increase in the global population, textile printers have been looking for ways to improve design and fabric quality.
Digital Textile Printing Ink Market: Regional Analysis
In terms of geography, the global Digital Textile Printing Ink market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.Europe dominates the digital textile printing ink market, and digital textile printers are increasingly deployed in Europe to meet the needs of faster turnaround time, shorter running time and higher quality variable data printing. According to the CBI (CBI is an agency of the Dutch Ministry of Foreign Affairs and part of the Dutch foreign relations development cooperation efforts) Europe is a strong and continuously growing apparel market, with some of the world’s largest and most famous apparel companies in the apparel market.

 

Cagr: 12.15%
Largest share area:Europe
Largest share country:Netherlands