The digital textile printing market was valued at US $ 2,714.5 million in 2023 and is projected to record a CAGR of 12.2 per cent to reach US $ 8,545.1 million by 2033.
A report by Future Market Insights, the fashion industry holds a commanding share of 43.4 per cent in the global digital textile printing market.
Driven by the presence of digital natives and key players in the region, North America accounts for 13.2 per cent of the total market share in the digital textile printing industry.
As far as India is concerned, the growth of digital textile printing is supported by the promising performance of the textile sector, the presence of textile mill clusters, and an expected growth trajectory of 13 per cent between 2023 and 2033.
The China market is projected to record a transforming CAGR of 13.8 per cent.
The development of eco-friendly printing systems and the integration of digital printers with advanced software enable innovative designs, vibrant colors, and improved sharpness.
The rising use of dye-sublimation digital printing and integration of printing techniques to achieve high printing speeds and advantages like low cost and durability contribute to market expansion in developing economies.
As the technology enables faster production, customisation, and unique design capabilities, while also reducing inventory costs and facilitating faster response to fashion trends. Digital textile printing has become a game-changer in the fashion industry, empowering designers and brands to bring their creative visions to life more efficiently and sustainably.
