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Digital Textile Printing Inks Market Report Scope & Overview:

Digital Textile Printing Inks Market Revenue Analysis

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The Digital Textile Printing Inks Market is expected to increase at a CAGR of 10.4%, from USD 1.7 billion in 2023 to USD 4.1 billion by 2032.

The infusion of colorants onto fabrics or textiles is referred to as digital textile printing. On garments or large format rolls, digital textile printing is done. Water soluble dye ink is commonly used for this form of printing. Natural and synthetic materials can both benefit from digital textile printing ink. It is used to print t-shirts, promotional apparel, banners, flags, and a variety of other textile applications.

The digital textile printing ink market is driven by the introduction of new designs, low-cost production, and short run lengths. During the forecast period, technological advancements are expected to propel the market. In the coming years, the digital textile printing ink market is expected to benefit from an increase in advertisements and commercial branding. However, the digital textile printing ink market is expected to be hampered in the near future due to its lower output rate when compared to analog printing.

MARKET DYNAMICS: 

KEY DRIVERS:

  • Increase in demand for promotional apparel, flags, and banners.  

  • Increase in the need for advertisements.

Restraints

  • Difficulties are related to innovative clothing and garment designs.

Impact of COVID-19:

The global Digital Textile Printing Inks Market is expected to grow significantly as a result of several factors, including increased demand for 3D printing technology and rapid advancements in printing methods. In addition, the fashion industry is experimenting with 3D-printed t-shirts, shoes, and gowns, which is driving up demand for digital textile printing inks. Although digital textile ink makers are intimately tied with the garment sector, the spread of COVID-19 has had a detrimental influence on this business, resulting in store closures and thereby impacting the total market. Furthermore, the lockout disrupts the value chain, as the clothes business relies not just on e-commerce platforms but also on physical storefronts. Furthermore, one of the pandemic's aftereffects is unemployment, which is expected to affect consumer spending, lowering demand for clothing. This aspect is expected to limit the growth of the digital textile printing inks market.

Market Segmentation:

By Formulation

  • Solvent-based

  • Water-based

  • UV-cured

  • Others

By  Substrate

  • Plastics

  • Textile

  • Ceramics & Glass

  • Paper

  • Wool

  • Cotton

By Application

  • Advertising & Promotion

  • Ceramic Tiles Printing

  • Clothing & Household Textiles

  • Packaging

  • Publication

  • Glass Printing

  • Others

By Ink Type

  • Reactive

  • Acid

  • Direct Disperse

  • Sublimation

  • Pigment

Regional Analysis:

China is the world's largest market for Digital Textile Printing Inks. The need for Digital Textile Printing Inks in China has been fuelled by the country's growing retail sector, particularly in advertising and marketing applications. Cosmetics, jewellery, sports & leisure products, furniture, communication gadgets, household appliances, and consumer electronics have all seen growth in China's retail sector. After China, the next two major markets, the United States and Japan, will provide considerable growth prospects for Digital Textile Printing Inks players.

Digital-Textile-Printing-Inks-Market-Regional-Analysis-2023

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REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

 INX International Ink, JK Group, and Nazdar Company, BASF SE, Dover Corporation, DyStar Group, Zhengzhou Hongsam Digital Science & Technology Co., Ltd., Huntsman Corporation, Kornit Digital Ltd., Sensient Technologies Corporation, Sawgrass Technologies, SPGPrints B.V., Zhejiang Lanyu Digital, Technology Co. Ltd, Sun Chemical, Toyo Ink SC Holdings Co., and Others.

Digital Textile Printing Inks market Report Scope:
Report Attributes Details
Market Size in 2023 USD 1.7 Billion
Market Size by 2032 USD 4.1 Billion
CAGR CAGR of 10.4% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Formulation (Solvent-based, Water-based, UV-cured, Others)
• By Substrate (Plastics, Textile, Ceramics & Glass, Paper, Wool, Cotton)
• By Application (Advertising & Promotion, Ceramic Tiles Printing, Clothing & Household Textiles, Packaging, Publication, Glass Printing, Others)
• By Ink Type (Reactive, Acid, Direct Disperse, Sublimation, Pigment)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles INX International Ink,  JK Group, and Nazdar Company, BASF SE, Dover Corporation, DyStar Group, Zhengzhou Hongsam Digital Science & Technology Co., Ltd., Huntsman Corporation, Kornit Digital Ltd., Sensient Technologies Corporation, Sawgrass Technologies, SPGPrints B.V., Zhejiang Lanyu Digital, Technology Co. Ltd, Sun Chemical, Toyo Ink SC Holdings Co., and Others.
DRIVERS • Difficulties are related to innovative clothing and garment designs.
RESTRAINTS • Increase in demand for promotional apparel, flags, and banners. 
• Increase in the need for advertisements.

Frequently Asked Questions

Ans: Manufacturers, Consultants, aftermarket players, associations, research institutes, private and universities libraries, suppliers, and distributors of the product.

Ans: INX International Ink (US), Nazdar Company (US) and Sun Chemical (US) are the key players in the US Global Digital Textile Printing Inks Market

Ans: Increase in demand for promotional apparel, flags, and banners, Increase in the need for advertisements are the Restraints for Global Digital Textile Printing Inks Market

Ans: From 2024 to 2032, the global digital inks market is expected to increase at a CAGR of 10.4%

Ans: The Digital Textile Printing Inks Market size was USD 1.7 billion in 2023 and is expected to reach USD 4.1 billion by 2032, growing at a CAGR of 10.4% over the forecast period of 2024-2032.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Global Digital Textile Printing Inks Market Segment, By Formulation

8.1 Solvent-based

8.2 Water-based

8.3 UV-cured

8.4 Others

9.Global Digital Textile Printing Inks Market Segment, By Substrate

9.1 Plastics

9.2 Textile

9.3 Ceramics & Glass

9.4 Paper

9.5 Wool

9.6 Cotton

10. Global Digital Textile Printing Inks Market Segment, By Application

10.1 Advertising & Promotion

10.2 Ceramic Tiles Printing

10.3 Clothing & Household Textiles

10.4 Packaging

10.5 Publication

10.6 Glass Printing

10.7 Others

11. Global Digital Textile Printing Inks Market Segment, By Ink Type

11.1 Reactive

11.2 Acid

11.3 Direct Disperse

11.4 Sublimation

11.5 Pigment

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2    Canada

12.2.3    Mexico

12.3        Europe

12.3.1    Germany

12.3.2    UK

12.3.3    France

12.3.4    Italy

12.3.5    Spain

12.3.6    The Netherlands

12.3.7    Rest of Europe

12.4        Asia-Pacific

12.4.1    Japan

12.4.2    South Korea

12.4.3    China

12.4.4    India

12.4.5    Australia

12.4.6    Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1    Israel

12.5.2    UAE

12.5.3    South Africa

12.5.4    Rest

12.6        Latin America

12.6.1    Brazil

12.6.2    Argentina

12.6.3    Rest of Latin America

13. Company Profiles

13.1 Sun Chemical

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

 13.1 INX International Ink

 13.2 Toyo Ink SC Holdings Co.

13.3 JK Group, and Nazdar Company

13.4 BASF SE

13.5 Dover Corporation

13.6 DyStar Group

13.7 Zhengzhou Hongsam Digital Science & Technology Co., Ltd.

13.8 Huntsman Corporation

13.9 Kornit Digital Ltd.

13.10 Sensient Technologies Corporation

13.11 Sawgrass Technologies

13.12 SPGPrints B.V.

13.13 Zhejiang Lanyu Digital Technology Co. Ltd

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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