Culminated demand for textile printers

According to the newest research report, "Europe Digital Textile Printing Market by Substrate Type, Ink Type, and End Use: Global Opportunity Analysis and Industry Forecast, 2020-2030," the European digital textile printing market was valued at $0.75 billion in 2020 and is expected to reach $2.95 billion by 2030, with a CAGR of 14.8 percent from 2021 to 2030.

The rise of the digital textile printing industry has been driven by the growth in awareness of sustainable packaging solutions and an increase in supply for consumer items, notably in the textile and apparel industry. The fast rise of the e-commerce and advertising industries has culminated in a spike in demand for digital textile printers. Printing technology is widely exploited in the packaging sector for things like identification, labeling, classification, and marking, and it's also utilized in a range of packaging solutions. The surge in clothing styles in European nations as a result of various cultural exchanges, as well as those with India, has reflected in a spike in demand for the digital textile printing industry.

The digital textile printing industry market has been limited by the rising availability of alternative packaging options and the development in the digitalization of economies across both developed and developing countries around the world. Another factor limiting the growth of the digital textile printing industry is the requirement for large upfront investment in the development of printing technology. A digital textile printer is a more environmentally friendly option that is projected to use less energy and have a smaller environmental imprint. During the projected period, the above-mentioned drivers and applications will provide abundant chances for the growth of the European digital textile printing market.

It is a good opportunity for printers to take leverage of automation and personalization tools such as Web-to-Fabric solutions and start with digital textile printing. If this is something you've had in mind and want more information, visit www.designnbuy.com or feel free to connect with me in my inbox.