Market Reports

Which industry in China, Asia, and India is most rapidly expanding in terms of textile transfer paper?

Published: February 4, 2023

The global textile transfer paper market is expected to register highly positive growth through 2023, with the overall valuation estimated to reach US$ 777.2 million in 2023. Future Market Insights (FMI) projects textile transfer paper sales to increase at 5.9% CAGR between 2023 and 2033. The market size is estimated to surpass US$ 1,382.6 million by 2033.

The textile transfer paper market is a growing industry at a significant rate, driven by the increasing demand for personalization and customization of clothing and accessories. As consumers become more interested in expressing their individuality through the clothes they wear, demand for textile transfer paper has increased.

The advancement of digital printing technology has also played a key role in driving the market. Digital printing enables the production of high-quality and full-color images on different fabrics. This has led to an increase in the use of textile transfer paper in the apparel and home textiles industries.

The market is also being driven by the growing popularity of sublimation transfer paper. This type of paper offers high-quality images and is suitable for a wide range of fabrics. An increase in the adoption of sublimation printing technology in developing nations is expected to boost market expansion. The increasing demand for eco-friendly products is also expected to fuel the textile transfer paper market. Manufacturers are developing environmentally friendly transfer papers and inks that are less harmful to the environment.

How is Textile Industry Expansion Driving the Market for Textile Transfer Paper?

Countries in Asia like China and India are known for their textile industry in the global market. In the textile industry, developing economies are generally exporters and developed ones like Russia and the United States are leading importers of textiles.

The abundant availability of raw materials like silk, cotton, jute, and wool in these nations is the key reason for the constant growth of the textile industry in these nations. After China and India, South Africa is emerging as one of the key players in the textile market which contributes to around 8% of the country’s GDP.

Dye sublimation transfer printing is gaining popularity among the manufacturers of these economies as it provides a premium quality print with a wide array of color pallets and superior durability compared to thermal transfer printing.

Textile Transfer Paper Market – Key Trends and Opportunities

·         The market is expected to be shaped by several trends and opportunities during the forecast period, including:

·         Development of new transfer paper technology: The development of new transfer paper technology, such as transfer paper that can print on multiple types of fabrics, is likely to open up new market opportunities.

·         Expansion into new markets: The textile transfer paper market has the potential to expand into new markets like industrial textiles or automotive textiles.

·         Focus on sustainability: The market for eco-friendly and sustainable textile transfer paper is expected to grow in the upcoming years. By constructing environment-friendly textile transfer paper, manufacturers can take the advantage of this opportunity.

·         Increase in online sales: There is an opportunity for textile transfer paper manufacturers to increase their online sales by leveraging e-commerce platforms and social media. Manufacturers can reach more potential customers and expand their market by doing so.

Country-wise Insights

Why is the United States Considered a Lucrative Market for Textile Transfer Paper?

North America remains the third prime market for textile transfer papers. The United States textile transfer paper market accounted for 18% of the share of the global market. According to the textile transfer paper industry analysis, the United States is projected to account for more than&86%&of the total North America market for textile transfer papers in the next ten years.

The United States is estimated to remain the most lucrative market for textile transfer paper due to the flourishing fashion apparel market in the country. According to data published by the International Trade Administration (ITA), and the United States Department of Commerce, the United States fashion apparel market is projected to reach US$ 400 billion by the year 2025.

How does the Growing Packaging Sector in Augment the Sales of Textile Transfer Paper in India?

In the South Asia market, India is projected to expand at a CAGR of 10.15% during the forecast period. Consistent efforts of the Indian government for the development of the country’s textile industry by implementing favorable policies for the domestic textile industry development is a main factor positively influencing the target market.

According to&India Brand Equity Foundation&(IBEF), the increasing penetration of retail organized stores, rising income of the overall population, and favorable demographics are key reasons behind generating a growing demand for the textile market.

The Indian textile market is projected by IBEF to reach US$ 23.5 billion by 2027 on the back of several government policies like 100% FDI allowed in textiles, Production-linked Incentive (PLI) schemes, and many others. The sales of textile transfer paper are anticipated to bolster on the back of these factors in the country during the forecast period.

How does the Textile and Clothing Industry in the United Kingdom Affect Demand for Textile Transfer Paper?

The textile transfer paper market in the United Kingdom is expected to expand at a CAGR of&5.94%&during the forecast period. The United Kingdom is estimated to hold a considerable market share in the Europe market for textile transfer paper.&

The United Kingdom is one of the key countries in the Europe region that exports finished textiles and clothing. As per the report published by the European Apparel and Textile Confederation (EURATEX), the exports of textiles and clothing from the country in the year 2019 were valued at more than US$ 11.97 billion. The United Kingdom is one of the key exporters of finished textiles and clothing and is anticipated to drive the market demand for textile transfer papers.

Competitive Landscape

·         In December 2022, at its Gratkorn facility, Sappi Europe announced significant paper machine upgrades and modernization. The existing upgrade and modernization venture will concentrate on Paper Machine 11, which will go through substantial modernization of electrical and automation machinery. This includes drive systems, control mechanisms, quality assurance, and safety checks, as well as refurbishments to the coating profile and other aspects.

·         In June 2020, Sappi Limited launched a new Transjet Tacky Industrial, a coated dye sublimation paper for digital transfer printing, specially developed for high-speed inkjet printing on highly elastic textiles.

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