Manager, TA marketing, sales division Mimaki Engineering Co Ltd
Mimaki is considering investing in the Indian market
The Japan-based Mimaki Engineering develops, manufactures, and distributes wide-format inkjet printers, cutting plotters, and software. Takashi Kumo, manager, TA marketing, sales division at Mimaki Engineering Co Ltd shares details about the latest developments and future plans of the company.
What is the size of the market for global textile and apparel printing industry? At what rate is it growing?
We estimate global textile and apparel print market is approximately 1.17 square metre (Textile Printing is 39 Bm2. Digital is 3 per cent) with growth rate of 120 per cent-130 per cent.
How do you propose to cultivate the textile and apparel sector with your printing solutions?
Our strategy is to offer variety of solutions which meets customer's requirements from entry level to high end. Mimaki acquired La Meccanica, Italian high-end textile machine manufacturer, in October, 2016.
Which are your major markets? Which markets are growing is Southeast Asia?
Our major markets are India and China. We think Bangladesh and Thailand are the important textile markets in South East Asia.
What is the percentage share of digital printing on garments, home textiles, and signage?
We estimate Mimaki's market share in signage application is approximately 25 per cent. The market share in home textile and garments would be almost zero.
What are the latest technological innovations at Mimaki in digital printing solutions for textile and apparel?
The latest innovations are MM700-1800B, Tiger-1800B, and TX300P-1800B. MM700-1800B equipped with 16 print heads (4 x 4 staggered layouts) and achieves highest level print speed 800 square metre/hour (Draft mode), 560 square metre/hour (Standard mode). Tiger-1800B equipped with 16 print heads (8 x 2 staggered layouts) and achieves print speed of maximum 385 square metre/hour. TX300P-1800B is an entry model in belt transport type textile printer line-up.
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