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Global Textile Transfer Paper Market to Surpass $1.3 billion

Increasing personalization in combination with the latest technological developments in heat-press decoration and sublimation are driving the market to new heights

The increasing demand for personalized apparel and the latest technological developments in heat-press decoration and sublimation are combining to grown the textile transfer paper market worldwide. Photo courtesy of Impressions Expo

June 17, 2024

The global textile transfer paper market is poised for substantial growth, according to a report by the market research firm Future Market Insights (FMI). Specifically, from an estimated valuation of $ 777.2 million in 2023, the industry is expected to surpass $1.3 billion by 2033, reflecting a forecast compound annual growth rate (CAGR) of 5.9 percent.

According to the report, a number of drivers will contribute to increased demand for these kinds of products including:

  • Demand for personalization and customization, as individuals “seek unique ways to express their individuality.”
  • Advances in digital printing technology: specifically, the way “digital printing technology has revolutionized the market, enabling high-quality, full-color images on various fabrics.”
  • The popularity of sublimation transfer paper, due to its “ability to produce high-quality images suitable for a wide range of fabrics.”
  • Eco-friendly products and the way increasing demand for environmentally friendly products is driving manufacturers to develop eco-friendly transfer papers and inks.
  • The rise of e-commerce platforms, which in turn have facilitated the purchase of customized products and supported small businesses in selling custom-printed clothing and accessories.
  • Sportswear and the way demand for textile transfer paper in the sportswear segment, in particular, is rising as a result of the “emphasis on health-conscious lifestyles and fitness routines among consumers of all ages.”

For the complete report and more on Future Market Insights, Inc., a provider of market intelligence with over 400 analysts worldwide, click here.