Global Digital Printing and Dyeing Machine Market size was valued at US$ 6.58 Bn. in 2019 and the total revenue is expected to grow at 9.46% through 2021 to 2027, reaching nearly US$ 13.56 Bn.
Global Digital Printing and Dyeing Machine Market Overview:
The digital printing method involves printing directly from a computer image on various media such as paper, fabric, acrylic, and plastic. It is print work and small projects that are professionally done and printed using large format or high volume inkjet printers from desktop publishing and other digital sources. Fabric and yarn are dyed at high temperatures using a dyeing machine. At a maximum temperature of 98° C, this machine is used for sample dyeing of yarn and fabrics.
2019 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real number and output of key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed specially with the impact of lockdown by region.
Global Digital Printing and Dyeing Machine Market Dynamics:
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Increasing demand for digital printing and dyeing machines in the textile industry, the use of digital printing and dyeing machines for creating new designs, increasing demand for non- woven fabrics, and automation is becoming more popular in the textile industry as a way to improve fabric quality are the major factors that driving the growth of the market. Lack of skilled labour in the textile industry, digital printers and dyeing machines are required a major initial investment, installation and maintenance costs are significantly higher, and also the cost of ink for inkjet printing is extremely high are the major factors which restrain the growth of the market.
Global Digital Printing and Dyeing Machine Market Segment Analysis:
Based on the Type, the market is segmented into digital printing machines and dyeing machines. The digital printing machines segment is expected to hold the largest market share of xx% by 2027. In marketing, a product's packaging system provides information about the product's quality and standard. As a result, product manufacturers want their products' packaging to be more attractive in order to sell them more rapidly on the market. High-quality graphics can be printed on substrates such as plastic films, fabrics, release liners, and other materials to make packaging more attractive. Digital printers offer advantages such as UV-cured printing, as well as far superior detail, clarity, and quality when compared to their smaller counterparts. These are the factors that drives the growth of digital printing machines segment in the forecast period.
Based on the Distribution Channel, the market is segmented into direct sales (OEM) and indirect sales. The direct sales segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Companies may avoid high overheads, lower advertising expenditures, and manage Companies business more freely with direct selling. Customers also benefit from the convenience and one-on-one attention that direct salespeople provide. Direct selling has the advantage of generating more revenue and leads quickly. If Companies market directly to prospects, Companies will get their attention. If Companies do it right, a percentage of Companies' customers will be enticed to buy from Companies. These are the factors that drive the growth of the direct sales segment in the forecast period. Based on the Application, the market is segmented into normal textiles and smart textiles. Smart Textiles segment is expected to hold the largest market share of xx% by 2027. Textile sensors have a number of advantages over electronic sensors. Smart textiles, for example, are soft and almost unnoticeable in garments. According to the textile character, they are also bendable and breathable. One of the areas that adds value to textile materials is smart textiles. It is a growing industry that has benefited from new technology, fibres, and textile materials. Smart or intelligent textiles are created in collaboration with various disciplines of research such as nanotechnology, materials science, design, electronics, and computer engineering, among others. These are the major factors which drives the growth in the global digital printing and dyeing machine market in the forecast period.
Global Digital Printing and Dyeing Machine Market Regional Insights:
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Asia Pacific dominates the Global Digital Printing and Dyeing Machine Market during the forecast period 2021-2027. Asia Pacific is expected to holds the largest market shares of xx% by 2027. Due to the increased usage of digital printing and dyeing machines in various applications in the textile industry, the digital printing and dyeing machine market in Asia Pacific is expected to have the largest share. Manufacturers in developing countries such as China and India are expected to increase their focus on producing digital printing and dyeing machines, which is expected to boost demand for digital printing and dyeing machines. Moreover, Asia Pacific is a manufacturing hub with a large number of manufacturing plants is also a major benefit which drives the growth in the forecast period. Due to the rise of the textile industries, which is one of the primary reasons driving market growth, North America is expected to have a significant share of the global digital printing and dyeing machine market.
Global Digital Printing and Dyeing Machine Market, by Region
- North America • Europe • Asia Pacific • South America • Middle East and Africa
Global Digital Printing and Dyeing Machine Market Key Players
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- Xerox Corporation.• Siemens • Canon Inc. • CME Machinery Co. Pvt. Ltd. • Alliance Machines Textiles • Cubotex Srl • Seiko Epson Corporation. • Flainox Srl • FUJIFILM Holdings Corporation • HGS Machines. • Kornit Digital. • Ricoh Co. Ltd • Roland DG Corp • Others