Digital textile printing market to touch 6.213 bn sq m in 2024: TexPro

Gerard Ortiz
The world wide digital textile printing (DTP) sector is developing at a quick tempo of close to 20 for every cent year-on-yr and is expected to contact a degree of 6,213.54 million sq. metres in 2024 in comparison to the size of 3,580.87 million sq. metres in 2021. DTP’s capabilities like endless printing and adaptability are attracting entrepreneurs as effectively as finish individuals.

DTP has a lot of positive aspects in comparison to the typical printing strategy. The ideal element of digital printing know-how is that there is no limitation on the usage of colours or repeat dimensions. Several colour shades can be printed on the material at a time, which is not the case with classic printing techniques. In addition to conserving time and price, DTP can also possibly deliver hundreds of thousands of colours and shades.

The international electronic textile printing (DTP) market is growing at a quick pace of around 20 for each cent calendar year-on-year and is anticipated to touch a degree of 6,213.54 million square metres in 2024 in contrast to the dimension of 3,580.87 million square metres in 2021. DTP’s attributes like unlimited printing and versatility are attracting entrepreneurs as effectively as conclude individuals.

The international DTP marketplace was 2,435 million square metres in 2019, which grew to 2,917.67 million sq. metres in 2020 and 3,580.87 million sq. metres in 2021, according to Fibre2Fashion’s market place perception instrument TexPro. The DTP industry is probable to improve to 4,314.96 million square metres in 2022, 5,177.95 million sq. metres in 2023 and 6,213.54 million sq. metres in 2024, as for every TexPro. The industry sizing was 2,029.84 million square metres in 2017.

Inside of DTP, the development will be maximum for textiles and apparel compared to segments like smooth signage, household textiles and others. Electronic printing in textiles and clothes will mature by 21.16 for every cent each year amongst 2019-2024, using its industry size to 4,358 million sq. metres. Textiles and garments segment will have 70 per cent share out of total DTP industry of 6,213.54 million square metres in 2024.

Electronic printing will expand 19.80 for each cent yearly for comfortable signage to 956.22 million square metres by 2024. Also, electronic printing for household textiles will enhance at 19.44 for each cent to 640.01 million sq. metres.

Other purposes of electronic printing will have a industry size of 258.76 million square metres in 2024 with annual advancement price of 17.45 for each cent.

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Fibre2Fashion News Desk (KUL)

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