Digital Textile Printing Inks Market - Global Opportunity Analysis and Industry Forecast, 2015-2023

LONDON, May 18, 2017 /PRNewswire/ -- Digital Textile Printing Inks Market by Ink type (Reactive, Acid, Direct Disperse, Sublimation, Pigment and Others), Application (Clothing/Garments, Households, Technical Textiles, Display and Others) - Global Opportunity Analysis and Industry Forecast, 2015-2023

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The global digital textile printing inks market was valued at $698 million in 2016, and is expected to reach $2,114 million by 2023, growing at a CAGR of 17.2% from 2017 to 2023.

Digital textile printing inks are tailored for clothing, garment, textile, household, and display applications for jetting reliability, durability, high color, and excellent image quality. The growth in digital textile printing owing to on demand printing, short turnaround time, and ease of image modification fuels the digital textile printing inks market which is expected to witness traction in coming years.

The rise in urbanization coupled with increase in demand for advertisements and corporate branding such as flags, retail graphics, banners, and so on is projected to generate lucrative growth opportunities for digital textile printing inks market.

The sublimation ink segment has witnessed major demand owing to increase in demand for dye-sublimation printer in computer printing applications. Furthermore, the demand for pigment-based inks is projected to witness growth owing to its excellent archival print life coupled with color stability. Based on application, the display segment has witnessed major growth in 2016 owing to increase in demand for touch panels and special effects applications. However, clothing and household segments are expected to create lucrative growth opportunities for digital printing inks market owing to increase in textile and household decorative applications.

Europe majorly drives the digital textile printing inks market owing to increase in demand in textile and technical applications. Emerging economies such as India and China have increased the demand for digital textile printing inks with significant traction in clothing and household applications. Rise in urbanization is expected to fuel the market growth opportunities in LAMEA regions.

The report on global digital textile printing inks market is segmented based on ink types, application, and geography. Based on ink type the report includes reactive, acid, direct disperse, sublimation, pigments, and others. Based on application, the market is classified into clothing/garments, household, technical textile, display, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Top market players in global digital textile printing inks market include
AnaJet
BASF SE
DuPont
Huntsman Corporation
KIIAN Group
Hongsam
SPG Prints
LANYU Digital
Sawgrass
Kornit Digital

KEY BENEFITS FOR STAKEHOLDERS
The report provides extensive qualitative and quantitative analysis of the current trends and future estimations of the global digital textile printing inks market from 2015 to 2023 to determine the prevailing opportunities.
It offers comprehensive analysis of key regions, such as North America, Europe, Asia-Pacific, and LAMEA, to understand the regional trends.
In-depth analysis of factors that drive and restrict the growth of the market is provided.
Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
It offers key insights on strategic analysis of various companies and the value chain analysis of digital textile printing inks.

KEY MARKET SEGMENTS
By Ink Type
Reactive
Acid
Direct Disperse
Sublimation
Pigment
Others

By Application
Clothing/Garments
Household
Technical Textiles
Display and Others.

By Geography
North America
U.S.
Canada
Mexico

Europe
Germany
Russia
UK
France
Rest of Europe

Asia-Pacific
India
China
Japan
Australia
Korea
Rest of Asia-Pacific

LAMEA
Brazil
KSA
South Africa
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