Global Dye Sublimated Apparel Market to reach USD 8.5 billion by 2027.
Global Dye Sublimated Apparel Market is valued at approximately USD 4.5 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.5 % over the forecast period 2021-2027. Custom-made clothes is being used by businesses all around the world as an off-the-clock advertising strategy. As a result, market growth is likely to be fueled by an increasing number of start-ups employing personalized garments for branding over the forecast period. Dye sublimated apparel with innovative fabric technology and additional functionalities is available from a number of companies on the market. These devices are portable and adaptable to a variety of work situations. For example, Six Garments, a firm based in the United States, offers a large choice of custom logo and design apparel with a permanent graphic imprint that does not crack or fade. In the production of home textiles, such as curtains, dye-sublimation printing is preferred. Due to the rising use of printed materials in the home textiles industry, printers used for these are projected to see greater demand. Globally, there is a growing demand for such materials. The Chinese home textile market, for example, is predicted to reach USD 42 billion by 2020, according to Fibre2Fashion. The dye sublimation printing market is becoming more fragmented, as market leaders rely on a diversified product portfolio and product development to obtain a competitive advantage, and the number of local competitors is growing, resulting in fierce competition. For instance,
In February 2020, Agfa has constructed a new state-of-the-art offset technology centre, at its Wilmington, Massachusetts headquarters. The Technical Competence Center (TCC) is a fully-equipped lab that uses integrated prepress and pressroom technologies to demonstrate a variety of high-performance commercial, packaging, newspaper, and UV printing applications while also promoting long-term sustainability. It's intended to serve as a knowledge base for Agfa systems and new product debuts, as well as deliver excellent customer service.
Similarly, in January 2020, Mutoh has expanded its line of small size flatbed printers. The XPJ-461UF and XPJ-661UF printers address the growing demand for customized prints with added value and bespoke small-lot manufacturing for commercial and industrial print applications.
However, high capital expenditure and consumption cost may impede market growth over the forecast period of 2021-2027.
The regional analysis of the global Dye Sublimated Apparel Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). Asia Pacific is the leading region across the world in terms of market share due to presence of established textile industry and manufacturers in the region. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing demand for stylish and comfortable decorative apparel.
Major market player included in this report are:
Gildan
Under Armour Inc.
HanesBrands Inc.
Royal Apparel
Bella+Canvas
dasFlow Custom Athletic Apparel
Oasis Sublimation
Wooter Apparel
Renfro Corporation
Augusta Sportswear Brands
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Printing technique offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
T-shirts
Leggings
Hoodies
Others
By Printing technique:
Small Format Heat Press
Calender Heat Press
Flatbed Heat Press
3D Vacuum Heat Press
By Distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018-19
Base year - 2019-2020
Forecast period - 2021 to 2027.
Target Audience of the Global Dye Sublimated Apparel Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors