CredenceResearch.com released a new research report title “Custom T-Shirt Printing Market: Type of Printing Technology (Screen Printing, Digital Printing & Plot Printing), Design (Artwork & Graphics) – Growth, Sharing, Opportunities & Competitive Analysis, 2015-2025“
SAN JOSE, Calif., March 08, 2018 (GLOBE NEWSWIRE) – According to a new market report released by Credence Research Inc “Custom T-Shirt Printing Market – Growth, Share, Opportunities, Competitive Analysis and Forecast 2017 – 2025 ”The custom t-shirt printing industry has made a remarkable comeback after the gloomy market conditions that prevailed during the economic downturn, when consumers in cash-strapped struggled to allocate funds to discretionary spending like personalized t-shirts. With stable economies, rising incomes for consumers and businesses are expected to support the custom t-shirt printing industry. The global custom t-shirt printing market is expected to experience tremendous growth with the increasing level of household income around the world and the changing trends towards fashionable clothing. Moreover, the rapid penetration of e-commerce into the fashion space has had a positive impact on the fashion industry in general. The category of t-shirts, especially custom printed and designed, has shown greater acceptance in online retailing. The global personalized t-shirt printing industry market is expected to cross US $ 10 billion by 2025 at a CAGR of 6.3% over the forecast period 2017-2025.
On the basis of printing technologies, the custom t-shirt printing market is classified into screen printing, digital printing, and plot printing. In 2016, screen printing was the most preferred and dominant printing technique in the global custom t-shirt printing markets. The segment contributed more than 55% of the total market turnover during the same year. The dominance of the screen printing technique is mainly attributed to its prolonged existence in the market. However, a shift towards digital printing is visible in the industry. Since digital printing allows the art file to be printed directly onto the garment, the affordability and speed of execution make it a more attractive technique. The digital printing technique is expected to experience the fastest growth as it is cheaper and rapidly gaining popularity among small and medium sized custom t-shirt printing service providers.
Custom t-shirts are also segmented based on designs into graphics and artwork. Graphics were the most popular design segment in the global custom t-shirt printing market. The trend is expected to continue and the segment is expected to maintain its dominant position by 2025, growing relatively faster than the art design segment. On the other hand, the art design segment is also expected to experience robust growth during the forecast period, mainly driven by the growing demand from businesses and non-governmental organizations that use printed t-shirts. personalized as a promotional tool to reach their target audience. quickly and inexpensively.
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Asia-Pacific was the world’s largest custom t-shirt printing market in 2016. The region accounted for more than a third of global market revenue in the same year. The trend will continue and the region is expected to maintain its leadership position, offering good growth opportunities in emerging markets like India. Growth opportunities in the region would be shaped by the rapid growth of e-commerce and the changing fashion consciousness among consumers. The United States is the world’s largest custom t-shirt printing market.
The global custom t-shirt printing market comprises a large number of players across the globe, which makes the overall market highly fragmented by nature. In addition, due to the presence of a high number of suppliers in the market, the overall market has become highly competitive in nature over time. The market is governed by Asia-Pacific, Europe and North America. Thus, the concentration of players can be mainly observed in these regions. Due to the different consumption trends from region to region, companies are emphasizing the implementation of region-specific strategies in order to attract and expand a larger consumer base. Custom t-shirt printing is highly fragmented with a large number of local players in each regional market. Some of the major players in the global custom t-shirt printing market are CustomInk, LLC, Vista Group, Threadbird, Printful, Printaholic, InkGarden, CafePress, International Screen Printing and Embroidery, Touch and Print Pte. Ltd, Butter Prints, Thai T-shirt Factory, The Private Way, TMaker, Gecko, Transfer it, JollyPrints, CustomThreads and EL Print Pte Ltd.
Browse the full report at http://www.credenceresearch.com/report/custom-t-shirt-printing-market
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