The market for T-shirt Printing Machines Market is expected to reach US$ 3,000.0 Mn by 2025.
The t-shirt printing industry had staged a remarkable comeback after dismal market conditions prevalent during the economic crisis when cash-strapped consumers were finding it difficult to allocate funds to discretionary expenses like custom T-shirts. With economies showing stability, rising incomes for both consumers and businesses are expected to underpin the custom t-shirt printing industry. The versatility and variety offered by custom-printed t-shirts attract the younger generation to this particular fashion trend. Custom-printed t-shirts are perceived by the younger generation as being unique, trendy, fashionable, and, above all, reflective of individual personalities. Custom-printed t-shirts are particularly popular at concerts and music events. This has a lot to do with the expressive nature of both t-shirt graphics and music.
The resurgence of the t-shirt printing market following the economic downturn has been heavily influenced by advances in printing technology. The advancements in technology have led to the introduction of advanced inkjet heads that are compatible with a variety of inks from different suppliers. This development bodes well for the overall market's growth. The industry has been aligning its research and development activities, taking into account the dynamic nature of fashion trends that demand shorter production cycles and high-quality prints. Such efforts, in line with technological developments, are helping the industry keep pace with the ever-changing fashion landscape. With the growing t-shirt and custom t-shirt printing industries globally, the demand for t-shirt printing machines is growing steadily. The global custom t-shirt printing market was valued at USD 3.7 billion in 2017 and is projected to reach USD 6.98 billion by 2028.
This study on "T-shirt Printing Machines Market: Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015–2025" highlights key growth opportunities in the global custom t-shirt printing market. It also includes the following qualitative as well as quantitative information related to the market:
Among these segments, in terms of revenue, the digital T-shirt printing machine was the largest segment in 2015, followed by screen printing. However, in terms of volume, screen-printing was the largest segment in the same year.
The global t-shirt printing machines market is classified into four major regions, i.e., North America, Europe, Asia Pacific, and the Rest of the World (RoW). The rest of the t-shirt printing machine market is further classified into South America, Africa, and the Middle East.
In terms of value, Asia Pacific was the dominant regional market in 2016. Additionally, Asia Pacific is expected to remain dominant by 2023, expanding at the highest CAGR of 13.5% from 2016 to 2026. Currently, in terms of volume, the demand for screen T-shirt printing machines is high in the region, owing to the lower initial cost of these printers than digital and plot printers. In Europe, major T-shirt printing machine manufacturers are investing a substantial amount in the development of innovative and cost-effective T-shirt printing technologies to gain a first-mover advantage. Also, the growing demand for on-demand T-shirt printing services in major countries such as Germany, the UK, and France is boosting market growth and, hence, opening an opportunity window for T-shirt printer manufacturers.
The market for T-shirt Printing Machines Market is expected to reach US$ 3,000.0 Mn by 2025.
The T-shirt Printing Machines Market is expected to see significant CAGR growth over the coming years, at 11.5%.
The report is forecasted from 2015-2025.
The base year of this report is 2014.
Brother International Corporation, Seiko Epson Corporation, ColDesi, Inc, The M&R Companies are some of the major players in the global market.