LONDON--(BUSINESS WIRE)--Digital textile printing technology, which refers to the inkjet based method of printing colorants onto textiles, has emerged as a new printing trend and has already started to make an impact on the textile world. Details about the growth of digital textile printing and how this technology helps to reduce the negative impact on the environment are some of this week’s top stories on BizVibe.
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Global Digital Textile Printing Market Expects Double-digit Growth Rate in Near Future
A recent market report shows that the global digital textile printing market was valued at USD 1.2 billion in 2015, and is expected to reach USD 3.9 billion by 2022, growing at a CAGR of 17.9% from 2016 to 2022. Currently, polyester printing is the largest segment in the global digital textile printing market with around 25% share of the global market.
Several factors are fuelling the market, including the growth of the world’s population with higher purchasing power, development of the global textile industry, increased preference for high-quality textile prints, the acceleration in production speeds and reduction in coloration costs, as well as heavy investments in R&D for new digital textile printing technologies.
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How Digital Textile Printing Helps to Reduce Negative Environmental Impact
Compared to traditional textile printing methods, which use numerous chemicals and create a great deal of waste water, digital textile printing technologies can help to achieve huge reduction in water and power consumption during textile production, therefore is gaining popularity as the industry keeps seeking ways to reduce negative environmental impact.
Textile production is currently one of the world’s biggest sources of water waste and pollution, mostly because of dyeing and printing processes. The industry believes that the increasing awareness regarding the environment and sustainability around the world will further facilitate the growth of digital textile printing technologies.
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Connecting with textile companies on BizVibe
In addition to the textiles dyeing and printing sector, BizVibe is home to over 150,000 textiles and apparel companies across all sectors. Connecting with any of these companies is simple thanks to the aggregating, categorizing and parsing of data from thousands of sources using machine learning tools and several sophisticated algorithms. This advanced match-making program provides the user with a full set of inbuilt tools designed to connect like-minded business with one another.
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