The future market of digital textile printing ink has broad development prospects, which is mainly reflected in the following aspects:
1. The market scale continues to grow:
• Global market: With the development of the global textile industry and the increasing demand of consumers for personalized and customized textiles, the application scope of digital textile printing technology continues to expand due to its advantages such as flexibility, efficiency and environmental protection. According to relevant research reports, the market size of digital textile printing ink is US$1.39 billion in 2021, and it is expected to reach US$3.793 billion by 2030, with a compound annual growth rate of 11.8% during the forecast period.
• Domestic market: China is an important textile production and consumption country in the world, and the digital printing industry has great development potential. The penetration rate of domestic digital inkjet printing still has a lot of room for improvement, which will drive the rapid growth of the market size of digital textile printing ink. For example, based on the background that China's total printing volume is maintained at 22 billion meters, when the digital printing penetration rate reaches 50%, the ink market size may reach 7.92 billion yuan.
2. Technological innovation drives development:
• Improved ink performance: In the future, digital textile printing inks will continue to improve in terms of color vividness, color fastness, stability and other performance. For example, the development of inks that are more resistant to washing, friction and light can meet the printing needs of high-end textiles and further expand the application field. At the same time, the improvement of ink drying speed, adhesion and other properties will also improve printing production efficiency and quality.
• Development of environmentally friendly inks: In the context of increasingly stringent environmental protection requirements, environmentally friendly digital textile printing inks will become the mainstream of the market. For example, water-based inks will continue to expand their market share due to their advantages such as non-toxicity, pollution-free and biodegradability. In addition, some new environmentally friendly inks, such as bio-based inks and nano inks, will continue to emerge, bringing new development opportunities to the market.
• Coordinated development with new equipment technology: The continuous upgrading and innovation of digital textile printing equipment, such as the improvement of nozzle technology and the increase of printing speed, will develop in coordination with ink technology. For example, high-concentration, low-viscosity inks that are suitable for high-speed printing equipment, and inks that can achieve better jetting effects under new nozzles will become the focus of research and development.
3. Application fields continue to expand:
• Clothing field: Clothing is the main application field of digital textile printing ink, and it will continue to grow rapidly in the future. As consumers' demand for personalized clothing continues to increase, the customized clothing market will continue to expand. Digital textile printing technology can meet the production needs of small batches, multiple styles, and quick response, and provide strong support for the development of the clothing industry. For example, the demand for digital printing in sportswear, fashionable women's clothing, children's clothing and other fields will continue to grow.
• Home decoration field: In terms of home decoration, digital textile printing ink can be used for printing textiles such as curtains, bedding, sofa covers, carpets, etc., providing more personalized choices for home decoration. As people's pursuit of home quality and personalization continues to improve, the demand for digital textile printing ink in the field of home decoration will gradually increase.
• Other fields: Digital textile printing ink can also be used in au
tomotive interiors, medical supplies, outdoor supplies and other fields. For example, the printing of products such as car seat covers, medical protective clothing, and outdoor tents has special requirements for the performance and quality of ink, which also provides a new direction for the research and development and application of ink technology.
4. Accelerated industrial upgrading and integration:
• Industrial upgrading: With the intensification of market competition and the continuous advancement of technology, the digital textile printing ink industry will face the pressure of industrial upgrading. Enterprises need to increase R&D investment, improve product quality and technical level, and enhance their core competitiveness. At the same time, enterprises in the industry will strengthen cooperation with universities and scientific research institutions to jointly carry out technological research and development and innovation to promote industrial upgrading.
• Industrial integration: In order to increase market share and competitiveness, enterprises in the digital textile printing ink industry will carry out industrial integration through mergers and acquisitions, reorganizations, etc. Large enterprises will acquire small and medium-sized enterprises with innovative capabilities and market potential by relying on their advantages in capital, technology, and brand to achieve optimal allocation of resources and coordinated development. Industrial integration will help improve the concentration of the industry and promote the healthy development of the market.