The global direct-to-garment (DTG) printing market is expected to poise a lucrative growth opportunity by registering a CAGR of 8.3 per cent over the forecast period.
The market is predicted to be valued at US$ 822.1 million in 2022 and is expected to reach US$ 1,820.1 million by 2032.
The reduction in the time span of fashion designs and rising demand for ‘fast fashion products’ have had a positive impact on the DTG printing market.
Significant popularity of stylish, funky and colourful apparel has been witnessed globally, which is expected to propel the demand for digital garment printing.
Moreover, the requirement of human resources at the printing facilities has been rendered unimportant since using these machines can elevate the level of automation.
Technological advancements, such as 3D printing and hot melt printing for textile applications, are another reason for the accelerated popularity of DTG printing market growth over the assessment period.
FMI analyst says“The rising trend of customisation amongst the young population is creating demand for new varieties of prints; for this purpose manufacturers employ DTG printers, thereby creating growth opportunities within the global DTG printing market.
