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    Digital Textile Printing Inks Market | Covid-19 Impact Analysis

    Digital Textile Printing Inks Market | Covid-19 Impact Analysis

    Digital Textile Printing Inks Market | Covid-19 Impact Analysis
    Report code - SRAM168 Delivery - 2 Weeks
    Digital Textile Printing Inks Market Size, Share, Trend, Forecast, & Competitive Analy See more...
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    Impact of COVID-19 on Digital Textile Printing Inks Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Digital Textile Printing Inks Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

     

    Digital Textile Printing Inks Market Insights

    Textile is one of the oldest industries in the world and has undergone a remarkable change over the eons in which the digital printing technology, a very young technology, has a disruptive journey. Among different processes, screen printing has always been the choice of the process in the textile industry; however, the digital printing has efficaciously been catching the world’s attention. It is estimated that roughly 2% of the total printed textiles are manufactured digitally, mainly on polyester fabrics using dye sublimation.   

    The global digital textile printing inks market is projected to grow at an impressive CAGR of 17.5% during the period of 2018 to 2023. This represents an attractive growth opportunity in the entire ecosystem of the market. Organic growth in the textile industry; an increasing demand for rapid customization to create beautiful, unique clothing or households products; an increasing penetration of digital textile printing from the prototype development to a wide adoption in the printing of garment, home decor, and technical textiles; and excellent performance of digital printing, such as ease of image modifications, are some of the major factors that are proliferating the growth of the digital textile printing inks market.

    Digital Textile Printing Inks Market Forecast

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    Ink manufacturers are well aware of this excellent future growth and have eagerly been working for the development of innovative, game-changing inks addressing the current as well as emergent market requirements. Excellent adhesion to a wide range of fabrics, wet rub resistance, and the elimination of the need for any post-treatment process are some of the focused areas of innovations of the key players.

     

    Digital Textile Printing Inks Market Share Analysis

    Digital Textile Printing Inks Market Share by Type

    The digital textile printing inks market is segmented based on the type as Reactive, Acid, Direct Disperse, Sublimation, Pigment, and Others. The sublimation segment is expected to remain the growth engine of the digital textile printing inks market during the forecast period of 2018 to 2023. An increased usage of polyester fabric for digital printing for meeting the requirement of rapid customization from household and industrial sectors are the major factor that has led to the dominance of sublimation ink in the market. The pigment-based inks segment is likely to witness the highest growth during the same period, driven by its excellent archival print life and color stability.

    Digital Textile Printing Inks Market Share by Substrate Type

    Based on the substrate type, the digital textile printing inks market is segmented as Cotton, Silk, Polyester, and Others. The polyester segment is expected to remain the most dominant segment in the digital textile printing inks market during the forecast period. An extensive usage of polyester fabrics in industrial and household segments is primarily driving the demand for digital printing inks in the polyester fabrics segment.

    Digital Textile Printing Inks Market Share by Application Type

    The digital textile printing inks market is also segmented based on the application industry or sectors into Garments, Decor, Industrial, and Others. The industrial segment is expected to remain the dominant segment of the digital textile printing inks market during the forecast period, driven by an increasing use of digital textile printing inks for advertisement. The garment is another segment that is likely to offer sizeable growth opportunities over the next five years as well.

    Regional Insights

    Europe is expected to remain the largest digital textile printing inks market during the forecast period of 2018 to 2023. The region is also likely to experience a healthy growth during the same period. Early adoption of the digital textile printing technology and the presence of a large number of clothing brands are driving the demand for digital textile printing inks in the European market. Asia-Pacific and North America are the other two major digital textile printing inks markets and are likely to generate a healthy demand for digital texting printing inks in the foreseeable future.

    Key Players

    The supply chain of this market comprises of raw material suppliers, distributors, digital textile printing ink manufacturers, and end users. The key manufacturers of digital textile printing inks are DowDuPont, Inc., Huntsman Corporation, Sensient Technologies, Dover Corporation, Dystar Group, BASF SE, and Kornit Digital. Merger & acquisition, new product development, and formation of strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.

     

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2012-2023

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Forecast

    17.5% CAGR during 2018-2023

    Countries/Subregions Covered

    The USA, Canada, Mexico, Germany, France, The UK, Italy, Turkey, China, Japan, India, South Korea, Brazil, Argentina and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Digital Textile Printing Inks Market Size, Share & Forecast by Type:

    • Reactive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Acid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Direct Disperse (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Sublimation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pigment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Digital Textile Printing Inks Market Size, Share & Forecast by Substrate Type:

    • Cotton (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Silk (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyester (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Digital Textile Printing Inks Market Size, Share & Forecast by Application Type:

    • Garment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Decor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Digital Textile Printing Inks Market Size, Share & Forecast by Region:

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Italy, Turkey, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

     

    Report Features

    This report, from Stratview Research, studies the digital textile printing inks market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

     

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Regional Segmentation

    • Current market size (2017) of the digital textile printing inks market in any of the North American country by type

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].


    Frequently Asked Questions (FAQs)

    What will be the growth of Digital Textile Printing Inks Market in the foreseeable years?

    Driven by the factors like organic growth in the textile industry, the digital textile printing inks market is expected to witness an impressive growth of 17.5% CAGR during the forecast period of 2018 to 2023.

    Who are the key players in the Digital Textile Printing Inks Market?

    DowDuPont, Inc., Huntsman Corporation, Sensient Technologies, Dover Corporation, Dystar Group, BASF SE, and Kornit Digital are among the key players in the digital textile printing inks market.

    Which country/region is expected to be the largest Digital Textile Printing Inks Market?

    Europe is expected to remain the largest digital textile printing inks market during the forecast period of 2018 to 2023.

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