Textile Printing Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 5.54 Billion |
Market Size (2029) | USD 6.89 Billion |
CAGR (2024 - 2029) | 4.46 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Textile Printing Market Analysis
The Textile Printing Market size is estimated at USD 5.54 billion in 2024, and is expected to reach USD 6.89 billion by 2029, at a CAGR of 4.46% during the forecast period (2024-2029).
The textile printing market is rapidly evolving, driven by technological advancements and the rising demand for customized, high-quality fabrics spurred by e-commerce and fast fashion growth. Key trends include the increasing adoption of digital printing technologies, which offer greater flexibility and efficiency than traditional methods.
As of January 2024, digital fabric printing is making significant inroads in China's Yangtze River Delta region, a primary textile production and export hub. This method employs inkjet technology, allowing for precise, vibrant designs on fabric while minimizing environmental impact through its eco-friendly technologies.
Innovations such as AI-powered design tools and sustainable printing practices are also reshaping the industry. At the Drupa trade fair in Düsseldorf, held from May 28 to June 7, 2024, Messe Düsseldorf introduced the Drupa Imaging Summit as part of the "Drupa Next Age" forum. The summit featured prominent industry leaders discussing the impact of artificial intelligence (AI) on imaging technologies and printing.
Notable presentations included Dennis Oberfeld from Google Cloud, who highlighted how AI is transforming image creation, and Andreas Jürgensen of AI Imagelab, who offered insights into current AI tools and their applications in image production.
Textile Printing Market Trends
H&M and Kyocera Launch Fabric Printing Innovations for Creators and Environment
In October 2023, Creator Studio, an on-demand fabric printing platform owned by the H&M group, launched an AI-powered solution that allows consumers to create and print customized graphics. This innovation aims to empower creators and streamline the content creation process, utilizing H&M's supply chain and fulfillment capabilities to offer sustainable and high-quality products. H&M, which owns brands like COS, Monki, and & Other Stories, is enhancing its technology-driven approach by integrating AI to optimize sourcing and sales data.
In February 2024, Kyocera introduced the Forearth inkjet printer, designed to address the textile industry's environmental challenges, such as water pollution and carbon emissions. The printer aims to reduce waste by minimizing the impact of fabric and water use.
Kyocera's deputy general manager, Sho Taniguchi, emphasizes the severity of textile pollution, citing that washing clothes releases microfibers equivalent to 50 billion plastic bottles into the ocean annually. Forearth offers a promising solution to decrease the fashion industry's environmental footprint by advancing textile printing practices.
Vietnam's Robust Demand for Woven Fabrics Signals Growth Opportunities in Textile Printing Industry
According to industry data, in 2022, Vietnam imported approximately USD 4.57 billion worth of woven fabrics made from man-made textile materials, making it the largest importer in this category globally. Bangladesh followed as the second largest importer, with around USD 2.14 billion. These fabrics' total global import value was USD 40.1 billion in 2022.
This substantial import value underscores Vietnam's robust demand for textile materials, positioning the country as a critical player in the global textile market. This strong demand indicates significant potential for the textile printing industry, driven by a thriving garment manufacturing sector requiring advanced printing solutions for domestic and international markets. As Vietnam continues to develop as a central textile production hub, the textile printing market is expected to see substantial opportunities for growth and innovation, catering to the increasing demand for high-quality printed fabrics.
Duy Tran, a leading automated printing enterprise in central Vietnam, is an example of this potential. The company serves major garment and textile manufacturers, working with over 50 global brands on over 500 projects and employing over 300 skilled workers. Duy Tran's technical advancement and capacity highlight the burgeoning opportunities within Vietnam's textile printing market, driven by local demand and international partnerships.
Textile Printing Industry Overview
The textile printing market is fiercely competitive, with leading players adopting diverse strategies to seize market share and spearhead innovation. Key players in this arena include Epson, Kornit Digital, Fujifilm, and DyeCoo Textile Systems. These players emphasize high-performance, customizable textile printers that cater to a broad spectrum of textile printing requirements.
Epson is bolstering its digital textile printing prowess at Innovation Center Building B, prioritizing high productivity and eco-friendliness with its SureColor F-Series printers. Kornit Digital focuses on on-demand, sustainable printing solutions, boasting high-performance printers for direct-to-garment and direct-to-fabric applications. Fujifilm harnesses its imaging expertise to deliver top-notch digital textile printers, whereas DyeCoo Textile Systems champions waterless dyeing technology, aiming to mitigate environmental repercussions.
Textile Printing Market Leaders
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Epson
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Kornit Digital
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Fujifilm
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DyeCoo Textile Systems
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HP Inc.
*Disclaimer: Major Players sorted in no particular order
Textile Printing Market News
- April 2024: Epson has introduced two new industrial SureColor® F-Series dye-sublimation printers: the SureColor F11070 and SureColor F11070H. These models are designed for industrial reliability and continuous productivity at a low cost of ownership. The SureColor F11070 includes an optional large roll media unwinder, while the SureColor F11070H features an expanded ink set for high-volume print operations.
- March 2024: Epson completed the construction of its new four-story Innovation Center Building B at its Hirooka Office in Nagano Prefecture, Japan. The 39,634 m² facility will house prototype and volume production operations for digital inkjet textile printers on the first two floors and office space on the third and fourth floors. The center aims to enhance Epson's R&D and production capabilities in textile printing, supporting the transition from traditional analog methods to more efficient and environmentally friendly digital printing technologies.
Textile Printing Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Technological Trends
4.3 Insights on Supply Chain/Value Chain Analysis
4.4 Insights into Governement Regualtions in the Industry
4.5 Insights into Technological Advancements in the Industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Demand for Customization
5.1.2 Growth in E-commerce
5.2 Market Restraints
5.2.1 High Initial Investment
5.2.2 Environmental Concerns
5.3 Market Opportunities
5.3.1 Sustainable Printing Solutions
5.3.2 Integration of Smart Textiles
5.4 Industry Attractiveness - Porter's Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.2 Bargaining Power of Buyers/Consumers
5.4.3 Bargaining Power of Suppliers
5.4.4 Threat of Substitute Products
5.4.5 Intensity of Competitive Rivalry
6. MARKET SEGMENTATION
6.1 By Printing Technology
6.1.1 Screen Printing
6.1.2 Digital Printing
6.1.3 Heat Transfer Printing
6.1.4 Others (Block, Stencil etc)
6.2 By Application
6.2.1 Apparel/ Clothing
6.2.2 Technical/ Industrial Textile
6.2.3 Home Textile & Others
6.3 By Region
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East & Africa
7. COMPETITIVE LANDSCAPE
7.1 Market Concentration Overview
7.2 Company Profiles
7.2.1 Epson
7.2.2 Kornit Digital
7.2.3 Fujifilm
7.2.4 DyeCoo Textile Systems
7.2.5 HP Inc.
7.2.6 Roland DG
7.2.7 MS Printing Solutions
7.2.8 Mimaki
7.2.9 Spoonflower
7.2.10 Juki Corporation*
- *List Not Exhaustive
7.3 Other Companies
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
9. APPENDIX
Textile Printing Industry Segmentation
Textile printing involves applying designs, patterns, or colors to fabric using various techniques such as screen printing, digital printing, heat transfer, dye sublimation, and rotary screen printing. These methods cater to different needs, from bold designs to high-precision customization and large-scale production. A complete background analysis of the textile printing market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends is covered in the report.
The textile printing market report is segmented by printing technology (screen printing, digital printing, heat transfer printing, others (block, stencil, etc.)), by application (apparel/clothing, technical/ industrial textile, home textile & others), and by geography (North America, Europe, APAC, South America, and Middle East and Africa). the report offers market size and forecasts for all the above segments in value (USD).
By Printing Technology | |
Screen Printing | |
Digital Printing | |
Heat Transfer Printing | |
Others (Block, Stencil etc) |
By Application | |
Apparel/ Clothing | |
Technical/ Industrial Textile | |
Home Textile & Others |
By Region | |
North America | |
Europe | |
Asia Pacific | |
South America | |
Middle East & Africa |
Textile Printing Market Research FAQs
How big is the Textile Printing Market?
The Textile Printing Market size is expected to reach USD 5.54 billion in 2024 and grow at a CAGR of 4.46% to reach USD 6.89 billion by 2029.
What is the current Textile Printing Market size?
In 2024, the Textile Printing Market size is expected to reach USD 5.54 billion.
Who are the key players in Textile Printing Market?
Epson, Kornit Digital, Fujifilm, DyeCoo Textile Systems and HP Inc. are the major companies operating in the Textile Printing Market.
What years does this Textile Printing Market cover, and what was the market size in 2023?
In 2023, the Textile Printing Market size was estimated at USD 5.29 billion. The report covers the Textile Printing Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Textile Printing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Textile Printing Industry Report
Statistics for the 2024 Textile Printing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Textile Printing analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.