David Savastano, Editor07.27.20
Digital printing of textiles is on the rise. According to the Allied Market Research report “Global Digital Textile Printing Market by Ink Type, Substrate, Application: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global digital textile printing market was valued at $2.2 billion in 2019 and is projected to reach $8.8 billion by 2027, growing at a CAGR of 19.1% from 2020-27.
Meanwhile, the global printed textile market size was estimated at $146.5 billion in 2018 and is expected to register an 8.9% CAGR through 2025, per Grand View Research.
According to a report published by Allied Market Research – “Digital Textile Printing Inks Market by Ink Type and Application: Opportunity Analysis and Industry Forecast, 2020–2027” – the digital textile printing inks market was valued at $1,112 million in 2019, and is projected to reach $2,665.7 million by 2027, growing at a CAGR of 11.6% from 2020-27.
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