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The Mexico digital textile printing ink market was valued at $16 million in 2016, and is projected to reach $51 million by 2023, growing at a CAGR of 19.6% from 2017 to 2023.
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Mexico Digital Textile Printing Inks Marketto grow $51 Million by 2023
Introduction • The Mexico digital textile printing ink market was valued at $16 million in 2016, and is projected to reach $51 million by 2023, growing at a CAGR of 19.6% from 2017 to 2023. • Based on type, the sublimation segment occupied approximately half share in 2016 in terms of revenue. • Digital textile printing inks are used on small garments such as promotional wear, t-shirts, and jackets. These inks are used on large format rolls of textile. • The growth in urbanization coupled with increase in demand for corporate branding and advertisement propel the market for digital textile inks. • Advancements in technology and increase in introduction of efficient heavy quality inks are further anticipated to drive the overall growth. The household segment is expected to register a CAGR of 21.2% during the forecast period.
Key Findings of theMarket • The sublimation segment is expected to continue to dominate the Mexico digital textile printing inks market during the forecast period. • The pigment segment is projected to witness the highest growth during the forecast period. • In 2016, the display segment occupied more than 60% share of the market, in terms of revenue. • East India is projected to register the highest growth rate in terms of value during the forecast period. • Pigment base is anticipated to be the most lucrative material for India PVC pipes market during the forecast period.
This report provides an extensive analysis of the current trends, future estimations, and dynamics from 2015 to 2023 of the digital textile printing inks, which assist to identify the prevailing opportunities • Extensive market analysis predicts the types and applications that are currently used along with the variants that would gain prominence in the future. • Detailed analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. • Key players are profiled, and their strategies are analyzed thoroughly, which portray the competitive market outlook. Key Benefits Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/4674
MarketSegmentation • By Ink Type • Reactive • Acid • Direct Disperse • Sublimation • Pigment • Others • By Application • Clothing/Garment • Household • Technical Textile • Display • Others
AnaJet, BASF SE, • DuPont, • Huntsman Corporation, • KIIAN Group, • Hongsam, • SPG Prints, • Others Key Players of theMarket For purchase enquiry, visit @https://www.alliedmarketresearch.com/purchase-enquiry/4674
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