Digital textile printing sector to grow by 20% by 2020

18 Jun '18

2 min read

The digital textile printing sector is expected to have a compound annual growth rate (CAGR) of 20 per cent by 2020, while the overall textile printing sector may grow at 2 per cent (CAGR) during the same period. The total textile printing volume is over 30 billion square metre per year, and digital printing had a share of slightly above 3 per cent in 2017.

The need for more efficiency in textile printing is one of its key drivers. This is reinforced by shorter reaction times and higher flexibility throughout the entire supply chain of textiles. Digital printing offers different design options and a significant reduction of waste. It is not only economical, but also more relevant in terms of being environment-friendly, said Reto Simmen, CBO, Mouvent AG, while speaking to Fibre2Fashion.

Mouvent is the digital printing competence centre of the Bobst Group and its printing technology enables digital printing on any substrate including machines for label and textile printing.

When asked about the latest innovations in digital textile printing, Simmen said, “Improving print quality and performance in terms of effective output are the key developments in digital textile printing. This is precisely where the Mouvent TX801 offers a clear advantage in the market.”

He also believes that Industry 4.0 will offer a wide range of opportunities to the digital textile printing industry. “As a business born in the digital world and in the age of Industry 4.0, we will not only explore these opportunities, but ensure that it is an integral part of our product and business development,” added Simmen.

Mouvent plans to continue developing a vast product portfolio for the different digital printing markets and roll out its products worldwide. (KD)

Click here to read the complete interview.

Fibre2Fashion News Desk – India

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