Industry And Cluster | News & Insights

The global digital textile printing market is expected to reach $3 billion by 2027

Published: July 26, 2021
Author: Manali bhanushali
5 billion in 2020, is expected to reach a revised size of US$3 billion by 2027, increasing at a CAGR of 10.3 percent between 2020 and 2027. Roll to Roll, one of the report’s sectors, is expected to grow at an 11.2 percent CAGR and reach US$2.3 billion by the conclusion of the research period.
Following an early assessment of the commercial consequences of the pandemic and its resulting economic crisis, growth in the DTG category is revised to a 7.8 percent CAGR over the following seven years.
In the year 2020, the digital textile printing industry in the United States is expected to be worth US$324.2 million. China, the world’s second biggest economy, is expected to reach a market size of US$457 million by 2027, with a CAGR of 13.7 percent. Over the 2020-2027 timeframe, Japan and Canada are expected to expand at 7.5 percent and 11%, respectively.

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