Global Printed Textiles Market: Overview
Printed textiles market is expected to witness robust growth during 2018-2026. The market consists of a wide range of clothing materials including cotton, nylon, polymer, and other forms of fabrics. Additionally, various new technologies like 3D printing, laser printing, conventional machine printing are various different options for buyers in the market. Additionally, various methods of coloring like disperse dye, acid dye, reactive dye, pigment dye, and others are additional option for end-consumers. Moreover, these textiles are also for a wide variety of purposes including technical textiles, fashion, household, and others. The printed textile market is expected to witness major growth as digital printing method continues to make way for more cost-effective and vibrant designs.
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Global Printed Textiles Market: Notable Developments
In 2019, New York fashion week displayed a wide range of complex and colorful designs made possible by 3D printing. The designs displayed complex elements such as insect and butterfly wings to show the level of sophistication reached by technology today. According to the designers, 3D printing is key to creating functional apparel, which can provide modern and commercially viable textiles in today’s fashion world. The designers applied never before effect to clothing like the ‘Chro-Morpho’ collection which created skin-like illusion of switching shades and depth to portray the insect’s inner color diversion, camouflage, and luminosity.
One of the largest computer printer maker, Epson has launched a printer to target the textile industry. Epson uses dye sublimation digital printing technology, which is often used for full-color artwork for polyester-coated and polyester surfaces. The company has equipped its printer with technology that can directly print on the fabric and is ideal to use for sportswear. The entry of Epson into digital printing can be a major game-changer in the printed textiles market as its entry can signal more credibility and repute for printed textiles in the near future.
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Global Printed Textiles Market: Drivers and Restraints
The global printed textiles market is likely to witness major growth as small textile manufacturers continue to shift towards new technologies to make breakthroughs. Adoption of these technologies can be extremely expensive. However, thanks to large-scale and cost-effective manufacturing in emerging countries, mediums like digital printing have become accessible to thousands of manufacturers in the printed textiles market. The widespread adoption of digital printing, the cost-effective mode of production, and rising demand for more individualized textiles are expected to drive growth of the printed textiles market. The sophisticated and advanced developments like 3D printing are expected to make way for large adoption of printed modes for sophisticated and luxury clothing in the near future.
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Global Printed Textiles Market: Geographical Analysis
The global printed textiles market is expected to register significant growth in North America. The rising demand for individualized clothing options, rising disposable incomes, and growing demand for personalized choices are likely to drive growth in the region. The textile printing market is also expected to make significant headways in Europe and Asia Pacific. The growing disposable income in Asia pacific, large base of manufacturing companies, and increased advancements like digital printing are expected to drive growth in the region. Europe is expected to witness significant growth thanks to growing investments in new materials, clear-regulatory framework, and new opportunities in shifting trends.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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