New Business Opportunities in Digital Textile Printing Inks Market

Digital textile printing inks market was valued at $698 million in 2016, and is expected to reach $2,114 million by 2023, registering a CAGR of 17.2% from 2017 to 2023. Digital textile printing inks market was valued at $698 million in 2016, and is expected to reach $2,114 million by 2023, registering a CAGR of 17.2% from 2017 to 2023.

10.08.2018 Views

Introductionof Digital Textile Printing Inks Market The global market was valued at $698 million in 2016, and is projected to reach $2,114 million by 2023, growing at a CAGR of 17.2% from 2017 to 2023. Based on ink type, the sublimation segment occupied approximately half share in 2016 in terms of revenue. Digital textile printing inks are used on small garments such as promotional wear, t- shirts, and jackets. These inks are used on large format rolls of textile. The digital printing inks market has witnessed significant growth owing to increase in demand for advertisements and corporate branding such as flags, retail graphics, and banners. The growth in urbanization and increase in demand for corporate branding and advertisement has catapult the market for digital textile inks. The sublimation ink segment has witnessed major demand owing to increase in demand for dyesublimation printer in computer printing applications. Furthermore, the demand for pigment-based inks is anticipated to witness growth owing to its excellent archival print life and color stability.

Introductionof Digital Textile Printing Inks Market Scope of the Report Key Benefits Key Audiences

Introductionof<br />

<strong>Digital</strong> <strong>Textile</strong> Pr<strong>in</strong>t<strong>in</strong>g <strong>Inks</strong> <strong>Market</strong><br />

The global market was valued at $698 million <strong>in</strong> 2016, and is projected to reach $2,114<br />

million by 2023, grow<strong>in</strong>g at a CAGR of 17.2% from 2017 to 2023. Based on <strong>in</strong>k type, the<br />

sublimation segment occupied approximately half share <strong>in</strong> 2016 <strong>in</strong> terms of revenue.<br />

<strong>Digital</strong> textile pr<strong>in</strong>t<strong>in</strong>g <strong>in</strong>ks are used on small garments such as promotional wear, t-<br />

shirts, and jackets. These <strong>in</strong>ks are used on large format rolls of textile. The digital<br />

pr<strong>in</strong>t<strong>in</strong>g <strong>in</strong>ks market has witnessed significant growth ow<strong>in</strong>g to <strong>in</strong>crease <strong>in</strong> demand for<br />

advertisements and corporate brand<strong>in</strong>g such as flags, retail graphics, and banners.<br />

The growth <strong>in</strong> urbanization and <strong>in</strong>crease <strong>in</strong> demand for corporate brand<strong>in</strong>g and<br />

advertisement has catapult the market for digital textile <strong>in</strong>ks. The sublimation <strong>in</strong>k<br />

segment has witnessed major demand ow<strong>in</strong>g to <strong>in</strong>crease <strong>in</strong> demand for dyesublimation<br />

pr<strong>in</strong>ter <strong>in</strong> computer pr<strong>in</strong>t<strong>in</strong>g applications. Furthermore, the demand for<br />

pigment-based <strong>in</strong>ks is anticipated to witness growth ow<strong>in</strong>g to its excellent archival<br />

pr<strong>in</strong>t life and color stability.

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