Digital Textile Printing Inks Industry - Regional Synopsis
APAC Market Statistics
The Asia Pacific digital textile printing inks market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the largest apparel exporters present in the region, along with the growing production of textiles, increasing economic growth, and rising disposable income. The majority of the largest apparel exporters are based in the Asia Pacific region, with a total export size of 190 billion USD and above. Less consumption of color, water, and power decrease the production cost, which increases the demand for the digital printing process, thereby increasing the growth of the digital textile printing inks market in the region. Moreover, digital textile printer ink is used for making sportswear and other functional apparel, home textiles, and soft signage. The increasing textile industry is also estimated to project market growth during the forecast period as per the market analysis. Moreover, the lower costs and low labor costs boost the textile industry in the Asia Pacific region.
