Worldwide digital textile printing market to experience growth of 34 percent CAGR to 2019, according to an InfoTrends forecast. The prediction announces that InfoTrends in its 2014-2019 Digital Textile Forecast has mapped the worldwide growth of digital textile printing in garment, décor and industrial applications across technology segments ink usage, and region. Drivers for this growth, trends and key takeaways are supported by industry interviews with machine vendors, ink suppliers and fabric manufacturers across the globe.
Valued at approximately $7.5bn globally the worldwide digital textile printing market for garment, home décor and industrial applications is experiencing strong growth of around 34 percent CAGR to 2019. Europe continues as the biggest market for digital textile printing due to strong regional manufacturing industries while Asia Pacific is gaining momentum as it embraces digital printing technologies as a mainstream solution. InfoTrends has also found that requirements for a more sustainable and environmentally friendly production are a key driver in this market.
