May 22, 2020: The global printed textile market size is expected to reach USD 266.38 billion by 2025, according to a new report by Grand View Research, Inc. registering a 8.9% CAGR during the forecast period. Rapid developments in digital printing coupled with its rising penetration in the textile industry is anticipated to drive the market growth.
The changing consumer buying pattern pertaining to the usage of printed fabrics is likely to have a positive impact on the product demand over the forecast period. In addition, technological advancements in printing techniques coupled with the introduction of high-speed digital printers by various companies are projected to drive the market.
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In addition, the ability of these textiles to provide a wide range of designs according to the customer requirement is expected to boost the product demand. Furthermore, the increasing application of digital printing technology for printing photographic images on banners for advertising and decoration is anticipated to have a positive impact on product demand.
Further key findings from the report suggest:
- Pigment dye inks are estimated to witness growth at a CAGR of 8.7%, in terms of volume, from 2019 to 2025 on account of its ability to provide economical printing by ensuring less wash offs, reducing the time required for printing, and quick sampling
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- The application of printed textiles in fashion accounted for 65.7% of the global volume share in 2018, owing to rapid developments in the fashion industry coupled with changing consumer preferences towards the usage of printed garments, bags, and shoes
- Cotton printed textiles is expected to account for 44.9% by 2025 in terms of volume, on account of its increasing adoption in garments attributed to the biodegradable and easy printability of the material which aids in holding the inks onto the fabric
- The Asia Pacific accounted for 34.4% of the global revenue share in 2018, owing to the growth of the clothing and textile industry in the developing economies of China and India coupled with rising demand for unique patterns in garments among the consumers
- Major players in the printed textile market are engaged in adopting new techniques for printing such as digital printing to provide high-quality fabrics in shorter time span, which aids the companies in gaining an edge over its competitors
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A global research report called Polyester Filament Yarn market was recently published by Reports and Data.
To understand the structure of global trading, the report also gives statistical data on local consumption and global consumption.
The growth of the market is attributed to the increasing applications of polyester filament yarns amongst the end-users.Additionally, it discusses effective plans and development strategies, with tables and figures helping analyze the worldwide Polyester Filament Yarn market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2811The materials and chemicals industry deals with the production and manufacturing of raw materials and chemicals for every end-use industry.
The chemical industry produces industrial chemicals and raw materials and is a crucial part of the economy of every country.
Furthermore, the rising number of product approvals, launches, and strategic alliances have significantly contributed to market growth.
The report offers an extensive database for technological developments and product advancements.Key participants include Tongkun Group Co. Ltd., Shenghong Corp., Xin Feng Ming Group, Reliance Industries Ltd., Reliance Industries Ltd., William Barnet & Son LLC, Hengli Group, Indorama Ventures Public Company Limited, Polyfibre Industries, Toray Industries Inc., and GreenFiber International SA, among others.For the purpose of this report, Reports and Data have segmented the global polyester filament yarn market on the basis of product type, raw material, application, and region:Product Type Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)Partially Oriented Yarn (POY)Fully Drawn Yarn (FDY)Drawn Textured Yarn (DTY)OthersRaw Material Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)Polyethylene TerephthalatePoly-1, 4-Cyclohexylene Dimethylene (PCDT)OthersRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2811Application Outlook (Volume, Kilo Tons; 2020-2028 and Revenue, USD Million; 2020-2028)Tire CordsMechanical Rubber GoodsNon-Woven FabricsApparelsOthersKey Questions Answered by the Report:What market segment is expected to register the highest growth in the forecast period?What are the risks and threats that are affecting the market?Which region is expected to dominate other regions over the forecast period?Who are the prominent players of the industry?
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The automotive industry has raised the automotive industry throughout the world.
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Adroit Market Research in its latest study titled, “Global Virtual Goods Market Size 2017 By Gender (Female, Male), By Age Group (13-25, 25-35, 35-45, 45+), By Region and Forecast 2018 to 2025” covers the global virtual goods market revenue during 2015 to 2025.
The global virtual goods market share is witnessing exponential growth from online gamers who purchase virtual goods such as swords, magic wands, or houses using real money.The global virtual goods market demand has exploded alongside the rapid growth of social media and gaming.
It has resulted in a multibillion-dollar marketplace for products which are virtual.
Online gaming and its associated business models have witnessed strong growth in recent years among the male population.
Asia Pacific has maintained its strong foothold in the global virtual goods market owing to factors such as the large user base of social networks coupled with wide penetration of smartphones and wireless technology.
Furthermore, the rapidly maturing payment infrastructure is also a significant driver which has motivated the consumption of virtual goods as it has managed to do away with the risks associated with internet transactions.The game developers in this region are focusing on unique content creation and the designing of virtual goods in such a manner that they influence the gameplay to a large extent.
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For example, the company that owns the product may obtain end goods, intermediates or finished goods manufactured by a third company.
