UV-Cured Inks To Propel Digital Textile Printing Growth By US$ 3.33 Billion By 2028
The global digital textile printing market is poised for substantial growth, with an estimated increase of US$ 3.33 billion from 2024 to 2028, according to Technavio. The market is projected to grow at a robust CAGR of over 15.2% during this period. Key factors propelling this growth include the rising number of trade shows and exhibitions, alongside a marked shift towards UV-cured inks. However, the transition from print media to digital media presents a notable challenge.
UV-Cured Inks: Catalysts of Market Expansion
The burgeoning popularity of UV-cured inks is a pivotal driver of the digital textile printing market’s expansion. These inks offer myriad benefits, such as expedited drying times, reduced volatile organic compound (VOC) emissions, and versatility in printing on diverse substrates like glass, vinyl, metals and wood. Unlike conventional inks, UV-cured inks do not permeate textiles, thereby preventing smudging and obviating the need for additional coatings. Their superior attributes include scratch and abrasion resistance, enhanced chemical and solvent resistance, no emissions, excellent bonding properties, superior durability in outdoor environments and a high-gloss finish.
Furniture manufacturers are increasingly adopting UV-cured inks to streamline production processes and boost output volumes. The high-density properties of UV-cured inks enhance physical characteristics, which is expected to sustain their rising popularity and, consequently, the expansion of the global digital textile printing market.
Market Dynamics and Emerging Trends
The digital textile printing market is also experiencing growth fueled by trends such as high-quality prints, antimicrobial and UV protective properties, conductive functionalities and smart textiles. Businesses are emphasizing textile safety, waste management and reduced chemical usage, which drive technological innovations. Young consumers’ demand for personalized and bespoke products is spurring trends in customization, social media engagement and influencer marketing. Environmental concerns are at the forefront, leading to advancements in 3D printing technology and the creation of unique textile designs with intricate structures.
Key market players are focusing on enhancing print speeds, resolution, prototyping capabilities and short-run production to offer greater design flexibility. Digital technologies, offering broader colour gamuts, varied textures and finishes, are increasingly competing with traditional printing methods. The market spans various applications, including home textiles, signage, interior decoration, apparel and promotional materials. High-quality labeling, e-commerce platforms, online retail and efficient supply chain management are integral components of the market ecosystem.
Technological advancements are propelling the market forward, with innovations such as laser printing, high-resolution images and cutting-edge printing machinery for the apparel sector and beyond. These developments underscore the market’s dynamic nature and its capacity for sustained growth and diversification.
