About Digital Printing Machine
According to Textiles Intelligence, the Current Global Output of Digitally Printing in Textile Industry is growing at a steady Annual rate of 25 % which is driving the Global Digital Printing Market.Digital printing machine involves direct printing on fabrics with printers, which saves almost 95 per cent of water and energy usage is reduced by 75 % leading to minimum textile waste. Digital printing refers to methods of printing from a Digital-based Image directly to a variety of media. Designers like Mary Katrantzou, Alexander McQueen and Basso & Brooke have often used digital textile printing in their designs.The practical approach of digital textile printing has encouraged many designers and manufacturers to choose it over other forms of printing. Digital printing has Eco-friendly form with lesser physical inventory levels leaving smaller amount of carbon footprints which is a big factor for the growth of the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The Global Digital Printing machine market is highly fragmented due to the Presence of Several Vendors. The market is Dominated by the Established Vendors as they hold Major parts of their Respective Markets. Also, these vendors have a wide Geographical Presence with a large number of Manufacturing facilities in Various Regions. Moreover, Manufacturers that rely on digital textile printing easily adapt to swift changes in Global trends in comparison to people involved in other forms of printing. For instance, In 2017, Domino Printing Sciences,Following the successful launch of the Ax-Series of Continuous Ink Jet (CIJ) printers in 2016, which are already integrated with i-Techx, the company will continue to expand the x-Series by introducing the Game-changing Technology across the Majority of its Portfolio. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Xerox Corporation (United States), Heidelberger Druckmaschinen AG (Germany), Perfect Laser (China), Aurel Automation S.p.A.(Italy), Fujifilm NDT Systems (Brazil), Seiko Epson Corporation (Japan), Domino Printing Sciences plc (India), Hinterkopf GmbH (Germany), SCHMID Group (Germany), Atlantic Zeiser GmbH (Germany), Nuova Gidue S.r.l (Italy), The Dieffenbacher Group (Germany), Rotatek (Spain), MGI S.A.(France), BFM Group Inc.(United States), Spartanics (United States), Koenig & Bauer AG (Germany) and BARBERAN S.A.(Spain) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are THIEME S.A.S.(France), Giben International (Italy), MARKEM-IMAJE (France) and Roland DGA Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Digital Printing Machine market by Type (Inkjet Printers, Laser Printers and Other), Application (Advertising and Signs, Family Decoration, Photography Consumption and Other) and Region.
On the basis of Type, Inkjet Printer are dominating the market in the year 2021On the basis of geography, the market of Digital Printing Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. If we see Market by Ink Type, the sub-segment i.e. Aqueous will boost the Digital Printing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Substrate Type, the sub-segment i.e. Plastic films or foils will boost the Digital Printing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Print Head Type, the sub-segment i.e. Inkjet will boost the Digital Printing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Use of Automation in Dyeing and Printing and Reliable and stable integration of the nanomaterials in the fabric by using Nanotechnology
Market Growth Drivers:
Reduction in per Unit Cost of Printing with Digital Printer, Growing Demand for Sustainable Printing, Rising Demand for Digital Printing in Textile Industry and Preference of Digital printing for small prints by Designers due to Cost Efficiency.
Challenges:
Lack of Skilled Labour in Textile Industry and Adoption of Second Hand Machine in the Market
Restraints:
Sluggish Growth in comparison to Traditional printing
Opportunities:
Increasing Disposable Income and Improving Standard of Living in Emerging Markets such as China and India
Market Leaders and their expansionary development strategies
In October 2023, HP and Mimaki HP and Mimaki announced a collaboration to develop and bring to market new inkjet printing solutions for industrial and textile applications.
In September 2023, Canon launches Océ ColorStream 8100 Canon introduced the Océ ColorStream 8100, a high-speed inkjet press for commercial printing, boasting impressive speed, image quality, and media versatility.
Key Target Audience
Digital printing service providers, IT service providers, Cloud service providers, Printer suppliers, Original Equipment Manufacturers (OEMs), System Integrators and third-party vendors, Software solution providers, Government Bodies, Technology Investors, Enterprise Data Center Professionals, Research Institutes and Organizations and Market Research and Consulting firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.