Digital Textile Printing Inks Market

Digital Textiles Printing Inks Market Outlook (2022-2032)

Detailed industry analysis on the global digital textile printing inks market shows that the market enjoyed year-on-year (YoY) growth of 10.8% in 2021 to reach US$ 908 million.

Report Attributes	Details
Digital Textile Printing Inks Market Size (2021A)	US$ 908 Million
Estimated Market Value (2022E)	US$ 1 Billion
Forecasted Market Value (2032F)	US$ 3.33 Billion
Global Market Growth Rate (2022-2032)	12.7% CAGR
Europe Market Share (2021)	~31.8%
North America Growth Rate (2022-2032)	13.5% CAGR
US Growth Rate (2022-2032)	14.5% CAGR
Market Share of Top 5 Companies	~37.2%
Key Companies Profiled	Amtex DCC Prints EFI DyStar DuPont Durst Group AG Everlight Hongsam Huntsman Inkbank Isonik Jk Group Kao Collins Lustre Marabu Sun chemical

The market for digital textile printing inks is likely to grow on the back of enhanced ink chemistry being witnessed in the digital textile industry, coupled with innovative and improved product properties launched by manufacturers of digital textile printing inks.

As per latest analysis by Fact.MR, global digital textile printing inks market value is projected to reach US$ 3.3 billion by 2032, observing tremendous growth in the long run at 12.7% CAGR because of technological innovations introduced in the manufacturing of digital textile printed fabric.

Digital Textile Printing Inks Market Historical Analysis (2017-2021) Vs. Forecast Outlook (2022-2032)

Latest market analysis by Fact.MR, a market research and competitive intelligence provider, states that market value for digital textile printing inks over 2017 to 2021 increased at a CAGR of around 8.3%.

Digital printing is replacing traditional printing methods, and, as such, the digital textile printing inks market share is rapidly expanding. Simultaneously, global textile digital printing output increased by 29% from 1.2 billion metres in 2014 to 4.3 billion metres in 2019, and the replacement rate for traditional printing processes increased from 2.2% to 7.8%.

Upsurge in the replacement rate will drive constant and swift growth of digital textile printing ink manufacturers who are dealing in digital printing ink equipment. Top companies in the digital textile printing inks market are heavily investing in research and development of ink chemistries to enhance product performance and sustainability, which will propel the digital textile printing inks market size at a CAGR 12.7% of over the coming period of ten years.

What’s Driving High Consumption of Digital Textiles Printing Inks?

“Fashion & Home Textile Sectors Account for High Demand”

Sales of digital sublimation inks are rising rapidly as fashion trends are acting as the perfect catalyst driving demand growth of dye sublimation inks.

Consumers are demanding productive and efficient digital textile printers. This trend is picking more pace in developed regions of the world, which is positively influencing digital textile printing ink market demand. Europe and Asia are major manufacturers and exporters of digital textile printing inks, fulfilling demand from digital textile printed fabric manufactures with rapid technological advancements in printer technology.

In terms of sales, the fashion and home textile industry is expanding tremendously. The expanding textile industry is acting as a catalyst to grow the demand for various digital textile printing inks, which include pigmented inks for digital textile printing as well as reactive inks for digital textile printing. As these inks have the perfect holding capacity and chemical chemistry, digital textile inks are replacing water-based inks.

Dye-sublimation textile printing is a popular and versatile product that can be used for soft signage, apparel, home textile products, and promotional items. The soft signage market is expanding, but it is more in demand or admired in the European region than in North America because PVC is illegal in Europe as they release detriment fumes while burning.

Consumers are making conscious purchases from socially and environmentally sensible companies, thus positively impacting digital textile printing ink sales.

Country-Wise Analysis

Why is the U.S. a Prime Consumer of Digital Textile Printing Inks?

“Surging Demand FOR Fast Fashion and Soft Signage in the U.S.”

The U.S. digital textiles ink market has been growing rapidly due to rising demand for fast fashion and soft signage along with more awareness about enhanced technology benefits and better product properties, increasing digital textile pigment ink demand and also escalating digital textile reactive inks sales.

An increase in demand for customized fabric, home textiles, and affordable soft signage has been observed over the past decade, across North America.

The fashion industry is showing tremendous growth post COVID-19 and demand for customized products is increasing. The United States is a prominent revenue generator in the global digital textiles ink market. By 2032, demand for digital textile printing inks is predicted to have grown 2X. Dye sublimation and reactive dye sales are boosted by growing demand for cotton and polyester products in the United States.

The United States is expected to remain a major growth source during the forecast period, with the market expanding at a CAGR of 14.5%. Moreover, digital textile printing inks market size for DTG manufactures, under the umbrella of printer technology, is predicted to expand at a CAGR of 9.6% in North America.

How is the Europe Digital Textile Printing Inks Market Evolving?

“Consumption of Reactive and Acid Inks to Remain High”

Europe is a major consumer of digital textile reactive inks and a producer of a variety of digital textile printers. The fashion and signage industry in Europe was gradually growing even before COVID-19, which has greatly boosted various markets. As a result, demand for reactive and acid inks is expected to grow at a higher double-digit rate.

Owing to the aforementioned factors, Europe is set to be a crucial growth generator in the digital textile printing inks market during the forecast period. The European market is slated to expand at a high CAGR of 15.1% to reach US$ 1.35 billion, with acid digital textile printing ink sales set to increase at a CAGR of 14.3% across the region.

Which Country is Leading Market Growth in Asia Pacific?

“China – Backbone of Market Growth in the Region”

Asia Pacific holds 25.8% of the digital textile printing inks market share. In 2018 and 2019, China's digital printing output was approximately 1.5 billion metres and 1.9 billion metres respectively, accounting for 9% and 11% of total printed cloth.

High demand and sales of digital textile printing inks in the region is attributed to the growing digital textile sector, which is making use of digital textile printer inks in various end-use application such as fashion, sportswear, home textiles, and soft signage.

The rising textile industry in developing countries such as India and China is also supporting digital textile printing inks market growth.

Category-Wise Analysis

Which Category is Set to Bring in High Profits for Market Players?

“Manufacturers to Proliferate on Back of High Demand for Dye Sublimation Ink”

Dye sublimation ink is one of the prominent category seeing tremendous growth over past half decade. Textile printing technologies are divided into two types: transmission dye-sublimation and direct to fabric printing (DTF).

Sublimation ink is in high demand in various countries because it is a relatively simple process to adapt to. It is especially popular in countries where manufacturers are transitioning from traditional textile printing to digital textile printing.

Polyester and sportswear are two popular applications for dye sublimation. The design is simply transferred from paper to material, and then redirected onto the material using a heat press.

The prominent distinction between production with other digital textile printing inks and printing with sublimation is that dye sublimation dyes the fibres, making them wash and abrasion resistant, whereas, pigment inks are simply laid down on the product's surface, making them more susceptible to cleaning, dwindling, and rupture.

As a result, the digital textiles ink market is developing due to rising demand for luxurious household textiles. As such, demand for digital sublimation ink and acid digital textile ink is projected to touch US$ 909 million and US$ 563 million by 2032.

Competition Landscape

Amtex, DCC Prints, EFI, DyStar, DuPont, Durst Group AG, Everlight, Hongsam, Huntsman, Inkbank, Isonik, Jk Group, Kao Collins, Lustre, Marabu, and Sun Chemical are major players in the digital textile printing inks market.

• For the year 2022, Huntsman has increased its digital textile ink properties to provide extensive stability, resistance to aqueous solutions, and excellent material holding capacity. Huntsman digital textile printing inks hold around 8% of the North American market.

Fact.MR has provided detailed information about the overall strategies adopted by players in the digital textiles ink market, along with their detailed overviews of sales analysis by application, including SWOT analysis and sales generated from target digital textile ink sales of top digital textile printing ink manufacturers positioned across geographies.

Key Segments of Digital Textile Printing Inks Industry Research

• Digital Textile Printing Inks Market by Type :

  • Dye Sublimation
  • Reactive Dyes
  • Acid Dyes
  • Disperse Dyes
  • Pigments
  • Others

• Digital Textile Printing Inks Market by Printer Speed (sqm/hr) :

  • <50 Digital Printers
  •  50 - 100 Digital Printers
  •  101 - 250 Digital Printers
  •  251 - 400 Digital Printers
  •  401 - 600 Digital Printers
  •  601 - 800 Digital Printers
  •  801 – 1,000 Digital Printers
  •  >1,000 Digital Printers

• Digital Textile Printing Inks Market by Printer Technology :

  • Roll to Roll
  • DTG

• Digital Textile Printing Inks Market by End-use Application :

  • Fashion
  •  Sportswear
  •  Home Textiles
  •  Soft Signage

• Digital Textile Printing Inks Market by Region :

  • North America
  • South America and Caribbean 
  • Europe
  • Asia
  • Oceania
  • Middle East
  • Africa