Per the global market-research firm Repot Prime, starting from an estimated $244 million globally in 2023 the direct-to-garment (DTG) printing machine market is expected to grow $710 million by 2030, at a CAGR of 19.50 percent over the course of the forecast period. Among the major players identified in the study are Brother International, Kornit Digital and Epson.
According to the Report Prime study, the global DTG printing machine market is expected to grow due to a combination of an overall increase in demand for personalized and custom clothing and advancements in DTG technology, specifically “the ability to produce high-quality, customized products quickly and efficiently.”
According to the report: “The DTG (Direct-to-Garment) printing machine market is a rapidly growing industry that has witnessed substantial growth in recent years. The market has become increasingly popular in the current era due to its ability to print high-quality designs efficiently on fabrics. The target market of the DTG Printing Machine market includes various sectors of the textile and printing industry.”
DTG Apparel-decorating Machine Trends
The report goes on to say: “The latest trend in the DTG Printing Machine market includes the adoption of advanced technologies such as the use of variable data printing, which allows custom printing of individual designs and images for each garment. Another trend is the growing demand for sustainable and eco-friendly printing solutions, which ensure the use of organic and natural inks and reducing waste.”
On the downside, the report cites a number of challenges that remain, including the high cost of DTGH machines, limitations in printing and lack of standardization in the industry.
In terms of market share, the Asia Pacific region is expected to “dominate the DTG Printing Machine” market with an expected market share valuation of around 45 percent by the end of 2027. The report says the North American region is also estimated to witness significant growth in the DTG Printing Machine market with an expected market share valuation of around 30 percent by the end of 2027.
To access the complete report, click here. Updated April, 24, 2024
