Printed Textile Market Analysis Report By Ink Type, By Product, By Technology, By Application, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global printed textile market size was accounted for USD 146.5 billion in 2018. It is projected to witness a CAGR of 8.9% CAGR over the forecasted years. The rising demand for printed textiles prevailing among the millennial population across the globe is projected to drive market growth in the upcoming years.

The printed fabric enhances the bonding of fiber with the color for resisting friction while washing. Also, external factors like rapidly increasing disposable income among the working population and the emergence of the fashion industry are projected to generate the demand for printed textiles across the globe.

The shifting trend towards the usage of unique clothing is anticipated to positively impact the market growth across the globe. Moreover, easy access to e-commerce websites for online shopping of clothes and rising import-export of fabrics has generated a huge demand for printed textiles.

Digital technology for textile printing is gaining traction across the globe. It is widely being used in advertising and garments producing industries on account of its feature of sustainable printing. Moreover, the need for lowering the production and printing costs coupled with easy usage has driven the market growth for printing textiles across the globe.

Ink Type Insights

The segment of pigment dyes held a significant share across the global market in 2018. This can be associated with their ability to get printed on various fiber types like synthetic or natural fibers. Moreover, their feature of being economical coupled with the ability to be printed on substrates, glass, leather, and PVCs make them a preferred choice as compared to other segments.

The reactive dyes segment is projected to witness significant growth in the forecasted years, 2019 to 2025. This can be attributed to its rising usage to print on fibers like silk, viscose, cotton, and wool. Further, its ability for reacting with other chemicals present in printing paste for bonding colors with the fibers is boosting its demand across the textile sector. Moreover, good wash fastness and color retention properties of reactive dyes are projected to fuel up the market growth in the upcoming years.

Product Insights

The global printed textiles market can be segmented into cotton, silk, polyester, and others based on product insights. The cotton segment is anticipated to hold a share of around 44.9% across the global market until 2025. This can be attributed to its properties such as good absorbency, more durability, and the ability to be biodegradable. Also, its ability of easy printing is projected to drive its further demand.

The polyester segment is anticipated to register a significant share across the global market in 2018 due to its properties like enhanced strength, lower fabric cost, and resistance to wrinkles, abrasion, and shrinking. But, its feature of having low absorbency is projected to hinder its growth over the forecasted period.

Technology Insights

The global market for printed textiles can be segmented into traditional and digital segments based on the technology used for their production. The traditional segment dominated the global market and is projected to register an 8.7% CAGR over the forecasted period, 2019 to 2025. This can be attributed to the adoption of several techniques like roller, batik, stencil, and block for the manufacturing of fabrics.

The segment of digital printing is also projected to register substantial growth in the upcoming years. This can be attributed to its features like environment friendliness, high precision, and less cost of printing. Moreover, the ability of digital printing to print on fabrics having various dimensions and sizes is projected to further fuel up the market growth across this region.

Application Insights

In 2018, the application segment of fashion held the largest share of around 65.7% across the global market. This can be associated with the increasing focus of many clothing companies and fashion designers on the creation of the latest designs for widening their global reach and enhancing their customer base.

In 2018, the segment of technical textiles witnessed a share of around 8.6% across the global market. This can be associated with the rising demand for fabrics across transportation, construction, protection, and medical applications. Moreover, shifting consumer preference over the usage of fabrics having good aesthetics is projected to fuel the demand for this segment in the upcoming years.

Regional Insights

In 2018, Europe held a significant share across the global market and generated a revenue of USD 75.89 Billion. This can be attributed to the rapid growth of the fashion industry across the UK, Germany, France, and Italy. Further, a rising number of fashion designers and apparel companies are projected to drive the market growth across this region.

Asia Pacific is projected to register a 9.5% CAGR over the forecasted years, 2019 to 2025. This can be associated with the excessive usage of printed clothes across China, India, and Japan. Moreover, the surging trend for digital printing of fabric across countries like India and China is projected to boost the market growth across this region. Further, rising sales of clothes via e-commerce portals across this region coupled with the favorable government policies to promote the investments across fabric printing and manufacturing are expected to contribute majorly to the market growth across this region.

COVID-19 Impact Insights

The ongoing COVID-19 pandemic has impacted the printed textiles market across the globe. This can be associated with the rising fluctuations in prices of raw materials, hindrance in the supply chain, and lockdown being imposed by the majority of the countries. Moreover, as the products obtained from these textiles belong to the non-essential category of goods, their demand has been reduced significantly.

But, the rising demand for a wide variety of face masks prevailing among the millennial population coupled with the surging demand for clothes for cleaning and protection purposes is anticipated to boost over the post-pandemic period. Also, rapid technological advances for the manufacturing of fabrics at lower costs are anticipated to further fuel up the demand for printed textiles in the forecasted period, 2019 to 2025.

Key Companies & Market Share Insights

The key players in the printed textile market are SerideSrl, Kornit Digital, Hollyflower, Globe Textiles (India) Ltd, Shahlon Group, Seiko Epson Corporation, and Fabric Wholesale Direct. These players are constantly engaged in product development and innovation for developing a wide range of customized fabrics with a variety of designs.

These players assign the cost of their products based on several factors like the type of ink, design complications, base fabric, usage of printing technique, and end product application. Moreover, the whole procedure for textile printing is customizable and hence can vary according to their customers' demands.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2014 to 2025 in each of the sub-segments. For this study, Million Insights has segmented the global printed textile market based on ink type, product, technology, application, and region:

• Ink Type Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
    • Acid dye
    • Disperse dye
    • Pigment dye
    • Reactive dye
    • Others

• Product Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
    • Cotton
    • Silk
    • Polyester
    • Others

• Technology Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
    • Traditional printing
    • Digital printing

• Application Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
    • Fashion
    • Household
    • Technical textiles
    • Others

• Regional Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
    • North America
        • U.S.
        • Canada
        • Mexico
    • Europe
        • France
        • Germany
        • Italy
        • Russia
        • Turkey
        • UK
    • the Asia Pacific
        • China
        • India
        • Japan
        • Indonesia
        • Thailand
    • Central & South America
        • Argentina
        • Brazil
    • Middle East& Africa
        • South Africa
        • United Arab Emirates