The Asia Pacific region has the largest market share for textile printing, followed by Europe and North America. Within Asia, China and India hold the largest market share for textile printing. Asia Pacific is expected to witness the highest growth and maintain its dominance till 2021.
The key objective of textile printing is to produce fabrics with an attractive design and defined pattern. This lucrative market expansion can be attributed to several factors such as the rise in customer demands, faster go-to-market strategy by companies and also the rapid expansion of the healthcare, real-estate, hospitality, education and retail sectors.
There has been a growth in demand from across various vertical industries. The growth has been due to the rapid expansion of retail malls and the hospitality industries. Progress in technology paired with increasing method of printing is driving the global textile printing market.
Among all forms of printing, digital printing is expected to garner the highest growth in the coming years. On the basis of technology the global market for textile printing can be split into direct printing, white/ color discharge and resist printing. Other forms of printing include block printing, roller printing, duplex printing, screen printing, stencil printing, transfer printing, blotch printing, jet spray printing and electrostatic printing.
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