The global digital printing and dyeing machine market size was valued at US $ 6.58 billion. in 2019 and total revenue is expected to grow 9.46% by 2021 to 2027, reaching nearly US $ 13.56 billion.
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. These are professionally done print jobs and small projects printed using large format or high volume DTP inkjet printers and other digital sources. The fabric and yarn are dyed at high temperature using a dyeing machine. At a maximum temperature of 98 ° C, this machine is used for dyeing samples of yarns and fabrics.
2019 is considered as a base year for forecasting the market from 2021 to 2027. The market size of 2020 is estimated on the actual number and production of key players and major players across the globe. The trends of the last five years are taken into account when forecasting the market to 2027. 2020 is an exceptional year and analyzed specially with the impact of foreclosure by region.
Global Digital Printing and Dyeing Machine Market Dynamics:
The increasing demand for digital printing and dyeing machines in the textile industry, the use of digital printing and dyeing machines to create new designs, the increasing demand for non-woven fabrics and automation are becoming more and more In addition to popular in the textile industry as a means of improving fabrics quality are the major factors driving the growth of the market.
Lack of skilled labor in the textile industry, digital printers and dyeing machines are required a major initial investment, installation and maintenance costs are considerably higher, and the cost of ink for inkjet printing is extremely high are the major factors holding back the growth of the market.
Global Digital Printing and Dyeing Machine Market Segment Analysis:
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On the basis of 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, the packaging system of a product provides information about the quality and standard of the product. As a result, product manufacturers want the packaging of their products to be more attractive in order to sell them faster in the market. High quality graphics can be printed on substrates such as plastic films, fabrics, release liners and other materials to make the packaging more attractive. Digital printers offer advantages such as UV-curable printing, as well as much higher detail, clarity and quality compared to their smaller counterparts. These are the factors which are driving the growth of the digital printing machines segment during the forecast period.
On the basis of 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. Businesses can avoid high overhead costs, reduce ad spend, and run business affairs more freely through direct selling. Customers also benefit from the convenience and individual attention that direct sellers provide. Direct selling has the advantage of generating more income and leads quickly. If businesses market directly to prospects, businesses will grab their attention. If businesses do this correctly, a percentage of their customers will be incentivized to buy from businesses. These are the factors that drive the growth of the direct sales segment during the forecast period.
On the basis of application, the market is segmented into normal textiles and smart textiles. The 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 clothing. Depending on the textile character, they are also pliable and breathable. Smart textiles are one of the areas that add value to textile materials. It is a growing industry that has benefited from new technologies, fibers and textiles. Smart or intelligent textiles are created in collaboration with various research disciplines such as nanotechnology, materials science, design, electronics, and computer engineering, among others. These are the major factors driving the growth of the global digital printing and dyeing machine market during the forecast period.
Regional Overview of Global Digital Printing and Dyeing Machines Market:
Asia-Pacific dominates the global digital printing and dyeing machine market during the forecast period 2021-2027. Asia-Pacific is expected to hold the largest market share of xx% by 2027. Due to the increased use of digital printing and dyeing machines in various applications in the textile industry, the machine market Asia-Pacific digital printing and dyeing is expected to have the largest share. Manufacturers in developing countries such as China and India are expected to focus more on the production of digital printing and dyeing machines, which is expected to drive demand for digital printing and dyeing machines. In addition, Asia-Pacific is a manufacturing hub with a large number of manufacturing plants is also a major advantage that drives growth during the forecast period.
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Owing to the boom in textile industries which is one of the major reasons for the growth of the market, North America is expected to hold a significant share of the global digital printing and dyeing machine market.
Global Digital Printing and Dyeing Machine Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Key players in the global digital printing and dyeing machine market
• Xerox Company.
• Canon Inc.
• CME Machinery Co. Pvt. Ltd.
• Alliance Textile Machines
• Cubotex Srl
• Seiko Epson Corporation.
• Flainox Srl
• FUJIFILM Holdings Corporation
• HGS machines.
• Digital Kornit.
• Ricoh Co. Ltd
• Roland DG Corp