Asia Pacific region is anticipated to witness considerable textile printing market growth in the future mainly due to the financial stability and government support in the region, as per a latest market report.
Emerging countries such as India and China are expected to show significant growth in the textile printing globally in the near future. The rising domestic demand for textile printing in both the countries will be the growth driver. Domestic demand in India and China are the major region for increasing demand for textile printing technology in the Asia-Pacific region. It may be noted that APAC regions has the largest market share for textile printing, followed by Europe and North America.
Additionally, progression in technology coupled with increasing methods of printing is driving the global textile printing market. Also, the rising disposable income of customers is amongst the reasons for growth in the segment. Increased demand for digital printing on saris and dress materials is further expected to increase the textile printing technology.
As per the report, some of the major competitors in the global textile printing market are Digitex India Inc., AM Printex, Dazian LLC, AGS Transact Technologies, JV Digital Printing, and Dickson Coatings. Other major players influencing the global market are Glen Raven Inc., Mehler Texnologies, Fisher Textiles Inc., and China Dyeing Holdings, Ltd.