The digital printing market is showing a booming development trend

Views:59
Update time:2024-11-10

In recent years, the digital printing market has shown a series of remarkable development trends, and the following are specific market data presenting its development trend.


Market size and growth


Global digital printing machine market: The global textile digital printing machine market reached 7.231 billion yuan in 2023, and is expected to reach 12.81 billion yuan by 2029, with an average growth rate of 9.52% from 2023 to 2029


Global digital printing production: According to the World Textile Information Network (WTiN), the global digital printing and printing production reached 3.738 billion square meters in 2021, with a CAGR of 20.1% from 2015 to 2021. In 2022, 3.1 billion square meters of digital printed fabrics were produced globally, a decrease of 16.2% compared to 2021. However, the production capacity remained at the same level as before the pandemic, and the market share of inkjet printing showed a slight increase to 11% in 2022. Related institutions predict that by 2025, the global digital inkjet printing production will reach 15.4 billion meters


China's digital printing market: In 2021, the domestic digital printing and printing production reached 2.5 billion meters, accounting for 11.4% of the total textile printing production. The compound annual growth rate of production from 2015 to 2021 reached 36%. According to the "2024 China Textile Digital Inkjet Printing Development Report", it is expected that by 2030, China's textile digital inkjet printing production will exceed 7 billion meters, accounting for 35% of the total printing volume and more than 30% of the global digital inkjet printing volume


Market share change: In the first three quarters of 2023, the market share of Chinese brand digital textile printing machines in overseas markets was 57.8%, an increase of about 10 percentage points compared to 47.2% in 2019. In the third quarter of 2023, the global market revenue of digital textile printing machines was 131 million US dollars, of which the revenue of the Chinese brand market was 78 million US dollars, accounting for 59.5% of the overall market, a year-on-year increase of 22.4%


technological development 


The continuous upgrading of digital printing technology and the advancement of nozzle and ink technology have driven market development. For example, some new digital printing machine nozzles can achieve higher resolution and faster printing speed, printing thousands of square meters of fabric per hour. At the same time, the improvement of ink formula has also enhanced color durability and environmental performance, such as the use of some new active inks and dispersed inks, which enable printing to maintain brightness even after multiple washings


Environmental advantages


Compared with traditional printing methods, digital printing performs well in terms of environmental protection. Traditional printing techniques require approximately 30-50 liters of water to produce 1 meter of printed fabric, while digital printing significantly reduces water usage, with water consumption per meter of fabric only about 10% -20% of traditional printing. In addition, digital printing reduces the number of plate making and other processes, resulting in a corresponding decrease in the use of chemical agents, thereby reducing environmental pollution and better aligning with the current global trend of green development


The trend towards intelligence


The intelligent trend of digital printing is gradually emerging, and automated production process management systems are beginning to be applied. Through intelligent software, the color, pattern, and position of printing can be more accurately controlled, reducing human error and improving production efficiency. For example, some digital printing factories have improved their production efficiency by 20% -30% and reduced the defect rate by about 10% -15% after adopting intelligent production management systems. Moreover, in the design process, intelligent design software combined with big data and artificial intelligence can provide designers with popular patterns and color suggestions based on market trends, helping designers generate digital printing patterns more quickly and shorten the design cycle by 30% -40%


With the continuous development of these trends, the digital printing market is expected to continue to prosper in the future, bringing more opportunities and innovation to related industries.


Related News
Read More >>
The digital printing market is showing a booming development trend The digital printing market is showing a booming development trend
2024-11-10
In recent years, the digital printing market has shown a series of···
Maintenance Techniques for Digital Printing Machines Maintenance Techniques for Digital Printing Machines
2024-11-10
To do a good job, one must first sharpen their tools. As a printin···

Leave Your Message