The global printed textile market is anticipated to value USD 266.38 billion until 2025. It is also expected to register a CAGR of 8.9% over the forecasted years, 2019 to 2025. The rapid technological advances being carried out in textile printing coupled with the shifting trend to wear fashionable clothes are projected to drive the market demand for printed textiles.
The product segment of cotton is projected to register a share of around 44.9% by 2025 on account of is features like more durability and good absorbency. While, the product segment of polyester is projected to witness substantial share on account of features like lower fabric cost, enhanced strength, and resistance to wrinkles & abrasion.
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Key Questions Answered in this report :-
• What are the sales or revenue produced by Printed Textile products beyond all sectors during the forecast period?
• What are the key trends in the Printed Textile market?
• What are the leading drivers, limitations, and probabilities in the industry?
• Which segment will gain the highest revenue worldwide and which product segment will expand at the fastest CAGR during the forecast period?
• In which region the Printed Textile market to project lucrative CAGR during the forecast period?
The fashion application segment accounted for a share of 65.7% in 2018 due to the rising focus of several clothing manufacturers for the creation of the latest designs. On the other hand, the segment of technical textiles registered share of around 8.6% across the global market owing to increasing fabric demand across transportation, construction, and protection sectors.
The printed textiles market includes key players, are constantly engaged in development and innovation to produce a wide variety of textiles and to gain a competitive advantage over other players.
Further key findings from the report suggest:
• In 2018, the technology segment of traditional printing registered 8.7% CAGR from 2019 to 2025.
• The fashion application segment accounted for significant share of 65.7% across the global market in 2018.
• Asia Pacific is anticipated to witness growth with CAGR of 9.5% across the global printed textile market.
Global Printed Textile Market: Key Players
Fabric Wholesale Direct, Seiko Epson Corporation, SerideSrl, Kornit Digital, and Globe Textiles (India) Ltd.
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