Growth of Dye Sublimation Market Globally:
Dye sublimation printing on the other hand has become the talk of the business town. The increase in dye sublimation printing is part of the broader rise of digital inkjet systems in the textile trade. In a recent study ‘The Future of Dye-sublimation Printing to 2021’, it was revealed that an estimated 384 million sq m of fabric were printed digitally using dye sublimation in the first quarter of 2016. This is set to rise to 892 million sq m in 2021.
The garment segment is the largest end user sector, contributing 75% of the market share by value in 2016. The other segments each take 5 to 10% of the market. Globally, digital textile printing output grew at more than 45% annually between 2004 and 2009. From 2009 growth slowed somewhat, in keeping with the global economic slowdown. But the slowdown definitely can’t dampen the hopeful future figures.
One of the pioneers in the market survey business, Smithers Pira forecasts that in 2021, nearly 900,000 sq m of textiles will be printed with the process, creating a global market worth nearly €3 billion ($3.57 billion). As the dye sublimation market booms, it will create numerous opportunities for ink and textile suppliers, press builders, and partners across the value chain.
“Dye sublimation has a better and bigger market right now but digital print is a better option for retailers, wholesalers as they won’t see much profit if they go for digital printing because for bulk printing Dye Sublimation is the best option available” parth, Shine graphics, gujrat