The Israeli textile digital printing company Kornit has doubled its market cap. Looking for revenue growth, Kornit launched new products, expanded geographically, and expanded its workforce and its production capacity.

Kornit produces digital printing systems for printing on textiles (both the printers and the ink). Its share price has doubled in the past year. Kornit offers fashion and textile industry players the possibility of producing on-demand when they receive orders, and not according to forecasts, in a sustainable way, without waste or water. Its systems create no pollution. Even at the level of volatile organic compounds, it wants to reach a level of zero emissions. Kornit’s aim is to take a two per cent share of a market consisting of fifteen billion printings annually (mainly on shirts and trousers). This acceleration is based on the launch of new products with new applications and bringing new customers. This has taken Kornit into the fast growing field of printing on polyester. In addition the company has expanded its activity in Asia and Europe, and switched to direct management in the US. Another factor is the company’s entry into the brands market. All major brands use Kornit’s technology, whether through direct purchases of systems or through third parties.