Keypoint Intelligence Releases Report on Global DTG Market Trends

Keypoint Intelligence Releases Report on Global DTG Market Trends

Keypoint Intelligence offers a detailed analysis of DTG technology's development in its new report, 2022-2027 Global DTG Forecast; the report provides crucial insights into the market's major metrics.

Observations

The report identifies approximately 11,318 placements in 2022, comprising DTG devices and laser transfer (EP) printers. The industrial mid-level and high-level segments demonstrate an average CAGR of nearly 4% through 2027.

Globally, the volume of digitally printed garments (DTG/EP) experienced a 26% increase in 2022, reaching 1.2 billion pieces. Projections suggest that industrial high-level DTG printers will contribute over 80% of DTG print volume by 2027.

Retail value forecasts indicate a potential market size of nearly $15 billion for DTG printed garments by 2027, with industrial high-level DTG printers expected to hold a 75% share.

Strategic Outlook

The report indicates that industrial DTG segments are gearing up for heightened competition with screen printing. Anticipated growth in industrial DTG printer segments through 2027 aligns with advancements in fully automated systems, emphasising speed and efficiency.

Keypoint Intelligence predicts a volume shift from commercial to industrial DTG segments, necessitating a prolonged hardware retirement for older devices.

Business Implications

Reflecting on the evolution of DTG, the report acknowledges the initial scepticism faced by the technology. From being considered immature, unreliable, and costly, DTG has become a valuable tool for apparel decorators.

Subscribers to Keypoint Intelligence's Textile and Apparel Printing Advisory Service have access to the comprehensive dataset and the report. The service includes a PDF slide deck with over 30 charts, presenting metrics by technology, DTG segment, and global region.

The Keypoint Intelligence Report anticipates a dynamic future for the DTG market, underscoring the pivotal role of industrial segments in reshaping the landscape of apparel decoration technology.

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