Detroit, May 16, 2018 (GLOBE NEWSWIRE) -- Stratview Research announces the launch of a new market research report on Digital Textile Printing Inks Market by Type (Reactive, Acid, Direct Disperse, Sublimation, Pigment, and Others), by Substrate Type (Cotton, Silk, Polyester, and Others), by Application type (Garment, Decor, Industrial, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
The Digital Textile Printing Inks Market: Highlights
As per Stratview Research, the global digital textile printing inks market is projected to grow at an excellent CAGR of 17.5% during the period of 2018 to 2023. Organic growth in the textile industry; an increasing demand for rapid customization to create beautiful, unique clothing or households products; an increasing penetration of digital textile printing from the prototype development to a wide adoption in the printing of garments, home decor, and technical textiles; and excellent performance of digital printing, such as ease of image modifications, are some of the major factors that are proliferating the growth of the digital textile printing inks market.
Sublimation segment is expected to remain the growth engine of the digital textile printing inks market during the forecast period. However, the pigment-based inks segment is likely to witness the highest growth during the same period, driven by its excellent archival print life and color stability.
Based on the substrate type, polyester segment is expected to remain the most dominant segment in the market during the forecast period. An extensive usage of polyester fabrics in industrial and household segments is primarily driving the demand for digital printing inks in the polyester fabrics segment.
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In terms of application type, industrial segment is expected to remain the dominant segment of the market during the forecast period, driven by an increasing use of digital textile printing inks for advertisement. Garment is another segment that is likely to offer sizeable growth opportunities.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.