Market Forecast By By Substrate Type (Cotton, Silk, Polyester, Others), By By Ink Type (Reactive, Acid, Direct Dispense, Sublimation, Pigments, Others), By By End Use (Clothing, Household, Technical Textiles, Display & Others) And Competitive Landscape
Product Code: ETC213135 | Publication Date: May 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Mexico Digital Textile Printing market currently, in 2023, has witnessed an HHI of 2786, Which has increased slightly as compared to the HHI of 2473 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Mexico Digital Textile Printing Market report thoroughly covers the market by substrate type, by ink type, and by end use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Digital textile printing has revolutionized the textile manufacturing industry. It is an eco-friendly and cost-effective process that enables fabrics to be printed directly from a digital file. Although the industry faces challenges such as lack of skilled labor and inefficient supply chains, the market's high potential is attracting investments from key players. The Mexico digital textile printing market is estimated to grow underpinned by the increasing adoption of advanced printing technologies, demand for customization, and speed-to-market.
According to 6Wresearch, the Mexico Digital Textile Printing Market size is estimated to grow at a CAGR of 12.8% during the forecast period 2024-2030. Digital textile printing technology has fueled the growth of the Mexico textile industry. It enables manufacturers to produce high-quality, vibrant, and intricate designs. Some of the key drivers of the digital textile printing market in Mexico include the increasing demand for personalized clothing and home dΓ©cor, advancements in printing technologies, and the rise of e-commerce platforms. On the other hand, the Mexico digital textile printing industry also faces several challenges, including the lack of skilled labor, high capital investments, and the need for efficient supply chains. Nevertheless, some trends are shaping the market growth such as the integration of AI-enabled technologies, the use of sustainable dyes and fabrics, and the adoption of UV-curable inks. Additionally, there is growing interest in the integration of digital printing with traditional textile manufacturing processes to enable the efficient production of large volumes of customized products.
The Mexican government has launched several policies and programmes to expand the textile manufacturing industry. For instance, it has introduced policies to provide trade agreements with key trading partners such as the United States, Canada, and the European Union. It has also implemented a policy to boost small and medium-sized textile enterprises and promote the use of sustainable manufacturing practices.
The Mexico digital textile printing market comprises various key players, including Kornit Digital, M&R Printing Equipment, Epson, Mimaki, and HP. These companies are investing actively in the R&D to produce advanced digital textile printing technologies and meet the growing demand for customization and speed-to-market.
According to Dhaval, Research Manager, 6Wresearch, polyester is leading in the market due to its various features durability, cost-effectiveness, and ease of availability.
In terms of end use, the clothing segment is expected to lead the way, followed by displays. In addition, the rise of e-commerce platforms in Mexico is expected to drive growth in all end-use sectors by increasing demand for on-demand clothing and personalized home decor products.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Digital Textile Printing Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Digital Textile Printing Market Revenues & Volume, 2020 & 2030F |
3.3 Mexico Digital Textile Printing Market - Industry Life Cycle |
3.4 Mexico Digital Textile Printing Market - Porter's Five Forces |
3.5 Mexico Digital Textile Printing Market Revenues & Volume Share, By Substrate Type, 2023 & 2030F |
3.6 Mexico Digital Textile Printing Market Revenues & Volume Share, By Ink Type, 2023 & 2030F |
3.7 Mexico Digital Textile Printing Market Revenues & Volume Share, By End Use, 2023 & 2030F |
4 Mexico Digital Textile Printing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Digital Textile Printing Market Trends |
6 Mexico Digital Textile Printing Market, By Types |
6.1 Mexico Digital Textile Printing Market, By Substrate Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Digital Textile Printing Market Revenues & Volume, By Substrate Type, 2020 - 2030F |
6.1.3 Mexico Digital Textile Printing Market Revenues & Volume, By Cotton, 2020 - 2030F |
6.1.4 Mexico Digital Textile Printing Market Revenues & Volume, By Silk, 2020 - 2030F |
6.1.5 Mexico Digital Textile Printing Market Revenues & Volume, By Polyester, 2020 - 2030F |
6.1.6 Mexico Digital Textile Printing Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 Mexico Digital Textile Printing Market, By Ink Type |
6.2.1 Overview and Analysis |
6.2.2 Mexico Digital Textile Printing Market Revenues & Volume, By Reactive, 2020 - 2030F |
6.2.3 Mexico Digital Textile Printing Market Revenues & Volume, By Acid, 2020 - 2030F |
6.2.4 Mexico Digital Textile Printing Market Revenues & Volume, By Direct Dispense, 2020 - 2030F |
6.2.5 Mexico Digital Textile Printing Market Revenues & Volume, By Sublimation, 2020 - 2030F |
6.2.6 Mexico Digital Textile Printing Market Revenues & Volume, By Pigments, 2020 - 2030F |
6.2.7 Mexico Digital Textile Printing Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 Mexico Digital Textile Printing Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Mexico Digital Textile Printing Market Revenues & Volume, By Clothing, 2020 - 2030F |
6.3.3 Mexico Digital Textile Printing Market Revenues & Volume, By Household, 2020 - 2030F |
6.3.4 Mexico Digital Textile Printing Market Revenues & Volume, By Technical Textiles, 2020 - 2030F |
6.3.5 Mexico Digital Textile Printing Market Revenues & Volume, By Display & Others, 2020 - 2030F |
7 Mexico Digital Textile Printing Market Import-Export Trade Statistics |
7.1 Mexico Digital Textile Printing Market Export to Major Countries |
7.2 Mexico Digital Textile Printing Market Imports from Major Countries |
8 Mexico Digital Textile Printing Market Key Performance Indicators |
9 Mexico Digital Textile Printing Market - Opportunity Assessment |
9.1 Mexico Digital Textile Printing Market Opportunity Assessment, By Substrate Type, 2023 & 2030F |
9.2 Mexico Digital Textile Printing Market Opportunity Assessment, By Ink Type, 2023 & 2030F |
9.3 Mexico Digital Textile Printing Market Opportunity Assessment, By End Use, 2023 & 2030F |
10 Mexico Digital Textile Printing Market - Competitive Landscape |
10.1 Mexico Digital Textile Printing Market Revenue Share, By Companies, 2023 |
10.2 Mexico Digital Textile Printing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |