DUBLIN--(BUSINESS WIRE)--The "Digital Textile Printing Machine Market by Process Type and Direct-to-fabric ) and Application - Global Opportunity Analysis and Industry Forecast, 2017-2024" report has been added to ResearchAndMarkets.com's offering.
The report includes the study of digital textile printing machine market. The global market size was $647 million in 2017, and is projected to reach $1248 million in 2024, growing at a CAGR of 10%.
Factors such as increase in awareness about fashionable clothing, rise in per capita income of individuals, and surge in demand for short run products propel the demand for digital textile printing machine products. Moreover, the ecological nature of digital textile printing boosts the market growth. In addition, stringent government regulations for reducing pollutants and increased standard of living of people supplement the expansion of the digital textile printing machine market. However, the unfavorable and dangerous effects associated with the machines is a major challenge faced by the players operating in the industry. Growth in demand for innovative & creative design options and increase in inclination toward newer and fresher color options offer promising opportunities for players in the digital textile printing machine industry.
The global digital textile printing machine market is segmented based on process type, application, and region. Based on process type, the market is categorized into direct-to-garment and direct-to-fabric. The direct-to-fabric segment is projected to dominate the global market throughout the study period owing to its widespread usage, high speed, and high color gamut. Based on application, the market is categorized into clothing & apparel, home furnishing, advertisement, and others. The clothing & apparel segment accounts for the maximum market share owing to its maximum usage and wide variety.
The global digital textile printing machine market is analyzed across geographical regions namely North America, Europe, Asia-Pacific and LAMEA. Europe is expected to dominate the market throughout the forecast period. Asia-Pacific is projected to grow at the fastest rate, followed by LAMEA.
Companies Mentioned:
- Durst Group
- Electronics for Imaging (EFI), Inc.
- Konica Minolta
- Kornit Digital
- Mimaki
- ROQ International
- Sawgrass Technologies, Inc.
- Seiko Epson Corporation
- SPG Prints B.V.
- The M&R Company
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Digital Textile Industry Printing Machine Market, By Process Type
Chapter 5: Digital Textile Printing Machine Market, By Application
Chapter 6: Digital Textile Printing Machine Market, By Geography
Chapter 7: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/n2sssf/global_digital?w=4