{"id":1811,"date":"2013-03-28T08:30:43","date_gmt":"2013-03-28T12:30:43","guid":{"rendered":"http:\/\/www.signmedia.ca\/?p=1811"},"modified":"2013-03-28T08:30:43","modified_gmt":"2013-03-28T12:30:43","slug":"rapid-growth-predicted-for-digitally-printed-textiles","status":"publish","type":"post","link":"https:\/\/www.signmedia.ca\/rapid-growth-predicted-for-digitally-printed-textiles\/","title":{"rendered":"Rapid growth predicted for digitally printed textiles"},"content":{"rendered":"
\"Photo<\/a>
Photo courtesy Spoonflower, design by Cean Irminger<\/em><\/figcaption><\/figure>\n

The digitally printed textiles market will experience a compound annual growth rate (CAGR) of 30.7 per cent, according to a new study from InfoTrends, a worldwide research and strategic consulting firm.<\/p>\n

The recently completed report, titled Transforming Textile Printing<\/i>, explores the market\u2019s supply chain and overall size, as well various factors that are driving demand for digitally produced textile graphics. The study\u2019s findings are based on interviews with digital textile buyers, specifiers, print service providers (PSPs) and printing hardware suppliers, inkjet printhead manufacturers and system integrators around the world.<\/p>\n

Within a global textile industry worth approximately $1 trillion, InfoTrends estimates the value of digitally printed textiles\u2014including d\u00e9cor, soft signage, industrial products and garments\u2014reached $10.3 billion in 2012, representing less than 1.5 per cent of the total market. The dominant production processes use analogue flatbed and rotary screen presses. While the digital side of the market is relatively small, however, it is growing rapidly.<\/p>\n

Specifically, InfoTrends forecasts the estimated 30.7 per cent CAGR for revenues generated from digital textile printing equipment and inks. The following are some of the key trends the company cites for this rate of growth:<\/p>\n