Global digital textile printing inks market size to grow by 11.8%

Ink designed for apparel, garment, textile, household, and display applications is digital textile printing ink. Durability, excellent color saturation, and superior picture quality are attributes of digitally printed clothes. Moreover, digitally printed garments are gaining popularity in India due to a growth in the advertising of personalized garments, such as T-shirts, on social media platforms, driving the adoption of digital textile inks for garment applications. The demand for luxurious home textile items is rising in Asia-emerging Pacific nations, which is expected to increase the market for digital textile inks.

According to Straits Research, “The global digital textile printing inks market size was valued at USD 1390 million in 2021 and is estimated to reach an expected value of USD 3793 million by 2030, growing at a CAGR of 11.8% during the forecast period (2022 – 2030).” The widespread adoption of 3D printing in the manufacturing, medical, industrial, and sociocultural sectors has made it a successful commercial technology. Fashion designers are experimenting with T-shirts, shoes, and skirts that are 3D-printed. Additionally, several businesses are printing consumer-grade, custom-fit eyewear. Thus, developments in 3D printing technology and an increase in the use of digital textile inks in 3D printing are expected to drive the growth of the global market in the near future.

In the coming years, manufacturers will focus on reducing the price of UV-curable inks. Manufacturers are adopting cutting-edge technologies like H-UV, LE-UV, and LED-UV, which are anticipated to fuel the UV LED inks market expansion. However, these methods have a high starting cost due to the difficulties of identifying new formulation raw ingredients. In contrast, the UV curable inks segment is predicted to increase significantly due to technological advancements and numerous advantages over conventional printing processes. Such research and development provide lucrative opportunities for market growth.

The complete report can be found here.