Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 16.54 Billion | USD 31.99 Billion | 8.59% | 2022 |
The global digital printing and dyeing machine market size was worth around USD 16.54 billion in 2022 and is predicted to grow to around USD 31.99 billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.59% between 2023 and 2030.
The report analyzes the global digital printing and dyeing machine market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the digital printing and dyeing machine industry.
Digital printing and dyeing machines are used to add colorful designs to numerous kinds of fabric, garments, yarns, and many other materials. The principle on which these machines work is digital inkjet printing technology. The capability to color correct and retouch the photograph prior to printing has been transformed by digital printing. For the mass personalization, database driven technology is been used. The adoption of digital printing and dyeing machines has increased at a significant rate in the last few years as it offers reasonable home and office printing by avoiding the need for printing plates.
Factors such as the growing demand for digital printing and dyeing machines in the textile industries, the increase in the demand for non-woven fabrics, and the increasing trend of automation are spurring the growth of the global digital printing and dyeing machine market. In addition to this, digital printing is an advanced creative form of textile printing and also offers better flexibility in design as compared to screen printing. Also, for small prints, digital printing is mostly preferred by the designers as it is cost-effective and is eco-friendly as it involves less physical inventory levels that leave a small number of carbon footprints.
Thus, all these factors are leading to an increase in the use of digital printing and dyeing machine, thereby propelling the growth of the global market. Likewise, increasing disposable income in developing countries, rise in acceptance of digital printing and dyeing machine are some of the key aspects driving the growth of the market. Furthermore, the development of technologically advanced digital printers and dyeing machines by the key players to withstand the competition will create good opportunities for the growth of the global digital printing and dyeing machine market during the forecast period. However, the initial investment cost for the digital printing and dyeing machines is very high which may hamper the growth of the global digital printing and dyeing machine market.
The Covid-19 pandemic has severely hit several business sectors and the textile industry is amongst them. The decision imposed by several governments such as strict lockdowns and restrictions on transportation to control the spread of the novel coronavirus has led to the shutdown of the textile industries to a major extent. This has directly impacted the product demand from the digital printing sector. Moreover, due to restrictions on transportation, the distribution chain has completely collapsed which resulted in less product supply. Also, the disruption of the supply chain around the world has resulted in a shortage of raw materials such as dyes and substrates. This has also lowered the overall manufacturing process.
The global digital printing and dyeing machine market is bifurcated based on type, application, distribution channel, and region. Based on the type, the global digital printing and dyeing machine market is split into digital printing and dyeing machines. The application segment is divided into normal textiles and smart textiles. Based on the distribution channel, the global digital printing and dyeing machines market is classified into direct sales (OEM) and indirect sales.
Report Attributes | Report Details |
---|---|
Report Name | Digital Printing and Dyeing Machine Market Research Report |
Market Size in 2022 | USD 16.54 Billion |
Market Forecast in 2030 | USD 31.99 Billion |
Growth Rate | CAGR of 8.59% |
Number of Pages | 210 |
Key Companies Covered | Siemens, Alliance Machines Textiles, Flainox Srl, HGS Machines, Ricoh Co. Ltd., Xerox Corporation, CME Machinery Co. Pvt. Ltd., Seiko Epson Corporation, FUJIFILM Holdings Corporation, and Roland DG Corp. |
Segments Covered | By Type, By Application, By Distribution Channel, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Some of the prominent players operating in the global digital printing and dyeing machine market are Siemens, Alliance Machines Textiles, Flainox Srl, HGS Machines, Ricoh Co. Ltd., Xerox Corporation, CME Machinery Co. Pvt. Ltd., Seiko Epson Corporation, FUJIFILM Holdings Corporation, and Roland DG Corp.
Asia Pacific is predicted to hold a major share in the global digital printing and dyeing machine market. Factors primarily contributing to the growth of the digital printing and dyeing machine market in this region include increasing demand for digitally printed materials and the growing adoption of digital printing in the vast textile industry in the region. However, North America is expected to hold a significant market share in the global digital printing and dyeing machine market. The rising demand for digital printing and dyeing machine owing to the growth of the textile industry is the primary factor contributing to the growth of the market in this region.
The global digital printing and dyeing machine market is dominated by players like:
By Type
By Application
By Distribution Channel
Global Digital Printing and Dyeing Machine Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
Digital printing and dyeing machines have transformed the textile industry by offering faster production, customization options, enhanced quality, and sustainable practices. These machines play a crucial role in enabling textile manufacturers and designers to meet the evolving demands of the market while achieving efficient and eco-friendly production processes.
Digital printing and dyeing machines are used to add colorful designs to numerous kinds of fabric, garments, yarns, and many other materials. The principle on which these machines work is digital inkjet printing technology.
According to the report, The global digital printing and dyeing machine market size was worth around USD 16.54 billion in 2022 and is predicted to grow to around USD 31.99 billion by 2030.
The global digital printing and dyeing machine market is expected to grow at a CAGR of 8.59% during the forecast period.
Asia Pacific is predicted to hold a major share in the global digital printing and dyeing machine market. Factors primarily contributing to the growth of the digital printing and dyeing machine market in this region include increasing demand for digitally printed materials and the growing adoption of digital printing in the vast textile industry in the region.
Some of the prominent players operating in the global digital printing and dyeing machine market are Siemens, Alliance Machines Textiles, Flainox Srl, HGS Machines, Ricoh Co. Ltd., Xerox Corporation, CME Machinery Co. Pvt. Ltd., Seiko Epson Corporation, FUJIFILM Holdings Corporation, and Roland DG Corp.
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