Oceania’s digital textile printing market is expected to grow at a significant rate between 2023 and 2030, with an estimated compound annual increase (CAGR) 4.3%. By 2033 the market is expected to reach a value of US$ 150 millions, while it will probably surpass US$ 98.4 in 2023.
Future Market Insights says that the growing ecommerce distribution landscape has been a major driver of the increase in demand for digital printing on textiles in Oceania. E-commerce platforms made it easier for smaller and medium-sized producers of textiles to reach a wider customer base.
Businesses in underserved or off-grid areas have benefited from e-commerce, as it has allowed them to access new markets. E-commerce has also fueled the rise of on demand printing, and digital textile print technologies are well suited to meet this need.
Online platforms have made it easier for consumers to customize and personalize their textiles. Digital textile printing offers design flexibility and can produce specialized, personalized products.
A growing awareness of the impact of purchasing on the environment has led to an increase in demand for sustainable fabrics. E-commerce platforms play a part in promoting sustainable options, and digital textile print is seen as an eco friendly alternative to conventional methods as it uses less energy, water and chemicals.
As the competition within the industry increases, the market also becomes more driven by the demand for cost-effective and versatile printing options. This has prompted small and medium-sized companies to embrace digital printing technology for textiles at an accelerated rate. This trend will continue to drive market growth over the next few years.
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Oceania Digital Textile Printers: Market Study Key Takeaways
- Oceania’s digital textile printer market is expected to reach a value of US$ 98.4 millions By the end of 2023.
- The market size is expected to be approximately US$ 150 Million By the end 2023-2033 of the forecast period.
- It is important to note that the word “you” means “you”. CAGR The market is expected to reach 3%.
- Clothing & Apparels End Use segment is anticipated to offer an impressive absolute dollar opportunity of US$ 25.4 million Between 2023-2033.
- Australia is expected to be the biggest market in Oceania for digital textile printers, with a market value of US$ 71.6 millions In 2023.
“Oceania is experiencing a rapid expansion of digital textile printing due to the region’s growing need for affordable, on-demand textile printing. Automation, eco-friendly dyes and direct-to fabric printing have made it possible to produce textiles with excellent quality at an affordable price. Digital textile printing has also become more popular as a result expanding distribution options through e-commerce. This is expected to provide small and medium-sized textile manufacturers with access to a larger consumer base and satisfy the increased demand for customization and personalisation.” – says an FMI analyst.
Country Insights – Digital Textile Printers from New Zealand and Australia
New Zealand’s Growing Demand for Digital Textile Printers Driven by Widening Applications
Digital textile printers New Zealand are experiencing steady growth as the country’s textile manufacturers increasingly adopt this technology. The digital textile printing process has been improved, allowing manufacturers to produce more efficiently and affordably. New Zealand’s robust textile sector, catering to various industries such as high-end clothing and outdoor equipment, is driving the demand for digital textile printers. These printers allow for improved productivity, cost-savings, and the ability meet changing consumer preferences.
Australia’s Leadership in Oceania’s Digital Textile Printers Market Fueled by Massive Domestic Demand
Australia The country has become the market leader for digital textile printing in Oceania, thanks to its large domestic market of sustainable textiles. The textile industry in Australia is booming, with a variety of manufacturers and designers creating a range of products, such as high-end clothing and sportswear. The Australian government has supported the industry through business partnerships, training programs and research and developments initiatives. The Australian government has provided financial support through training programs, business partnerships, and research and development initiatives.
Overall, both New Zealand and Australia are witnessing growth in the digital textile printers market, driven by their respective textile industries’ need for enhanced productivity, cost savings, and the ability to cater to evolving consumer preferences
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Digital Textile Printing Market Landscape – Competitive Landscape
Oceania’s digital textile market is characterized by the key players adopting a variety of strategies to stay competitive. Consolidation is one of the major strategies, but there are also other moves such as acquisitions, mergers, and product innovation.
HP Inc., Brother International Corporation, Seiko Epson Corporation, Konica Minolta, Inc., Colorjet Group, The M&R Companies, Mimaki Engineering Co., Ltd., Aeoon Technologies GmbH, HGS Machines, Ricoh Company, Ltd, Electronics for Imaging, Inc., Kornit Digital, and others are prominent players in the digital textile printing market. Digital textile printing is a fragmented market. Tier 1 players have a 20-25% market share.
You can, for example,
- In October 2021, Kornit Digital announced a new partnership with Amazon, which will allow Amazon sellers to access Kornit’s digital textile printing technology to create and sell customized printed apparel.
Get more valuable insights into the Oceania digital textile printer market
Future Market Insights, in its latest report, provides an unbiased review of the Oceania Digital Textile Printer Market. It analyses historical demand between 2018 and 2022 along with forecast statistics for the years 2023 to 2030. The study reveals growth projections on the digital textile printing market on the bass of digital textile printer by printer type (direct to garment printer, direct to fabric printer), size of printer type (industrial printer, desktop printer), ink type (reactive, acid, disperse, pigment), substrate (cotton, silk, rayon, linen, polyester, polyamide, wool, other substrates), sales channels (manufacturers, distributors, retail, e-commerce), end use (clothing & apparels), household(bed linens, carpets & curtains, others), technical textiles, others) and country (Australia, New Zealand, Papua New Guinea, Fiji).
Future Market Insights’ (FMI) list of the key trends shaping the market
- Digital textile printing is being adopted by traditional textile manufacturers to improve the efficiency and reduce costs of production.
- Inkjet technology and formulations have improved, resulting in better print quality, faster printing speeds and lower costs.
- Industry 4.0 integration, including automation and data analytics, is being used to increase production efficiency and decrease waste.
- The demand for digital textile printers is increasing in different applications such as fashion, home textiles, sports apparel, and more.
- Businesses can now operate more efficiently with fewer production line interruptions thanks to the growing adoption of cloud-based software solutions.
- As augmented and virtual reality technologies become more prevalent, they are helping to enhance customer experiences by providing a realistic feel for textures. This in turn is driving sales.
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Oceania Digital Textile Printers Market by Category
Type of Printer:
- Direct to Garment Printer
- Direct to Fabric Printer
Substrate
- Cotton
- Silk
- Rayon
- Linen
- Polyester
- Polyamide
- Wool
- Other Substrates
By Ink Type
- Reactive
- Acid
- Disperse
- Pigment
By Printer Type:
- Industrial Printer
- Desktop Printer
By Sales Channel:
- Manufacturers (Direct sales)
- Distributors/ Suppliers
- Buy it Now
- E-Commerce
By End Use
- Clothing & Apparels
- T-shirts
- Pants
- Leggings
- Caps
- Sweatshirts
- Hoodies
- Shorts
- Golf shirts
- Others (Jackets, Tie, etc.)
- Household
- Bed Linens
- Carpets & Curtains
- Others (Napkins, Towel, etc.)
- Technical Textiles
- Others (Flags & Banners)
By Country
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Future Market Insights is an ESOMAR certified market research organisation and a member of Greater New York Chamber of Commerce. It provides in-depth insight into the governing factors driving demand in the industry. It provides opportunities for market growth by segmentation based on source, application, sales channel and end use over the next decade.
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