The annual compound growth rate of the textile digital printing market will reach 30.7%

Research firm InfoTrends recently announced a market survey on digital printing of textiles. The survey focused on the potential demand for digital printing of textiles and predicted future market trends in digital printing of textiles.

The research includes: hardware system suppliers of textile digital printing and inkjet print head manufacturers, textile printing digital printing ink suppliers and ink types, textiles and textiles used in textile printing and dyeing, textile digital printing sustainable development Wait.

The report shows that the current global textile industry's total output value is about 1 trillion US dollars. InfoTrends expects that the output value of digitally printed textiles, decorative items and industrial products will be approximately $103 billion in 2012, with a market share of less than 1.5%. Although digital printing accounts for a very small proportion of the entire textile industry, its growth rate is very fast. InfoTrends predicts that the textile compound digital printing market will grow at an annual compound growth rate of 30.7% under the influence of some key factors. Factors such as the recovery of the global economy, the price cut by retailers, and cost-effective integrated solutions from suppliers have contributed to the growth of the textile digital printing market.

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