DUBLIN–(BUSINESS WIRE)–The report “Custom T-Shirt Printing Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecast, 2022 to 2030” has been added to from ResearchAndMarkets.com offer.
Growing preference for personalized products globally will enhance market growth
The global custom t-shirt printing market is growing significantly and is expected to grow at a CAGR of 7.6% throughout the forecast period from 2022 to 2030.
The t-shirt design and printing industry has evolved leading to fashion trends in the form of custom t-shirts, graphic t-shirts, vintage t-shirt designs and t-shirts custom long sleeves. With major fashion brands around the world adopting t-shirt printing, the future prospects look positive.
Custom print shirts are specifically aimed at the youth segment of the population. One of the main reasons for the popularity among young people is that personalized t-shirts go with the creativity hidden inside every teenager. Teens have the flexibility to choose every element of their personalized shirt, including color, design, garment, logo, and more, allowing their creativity to take over when designing a matching t-shirt to their personality, style and attitude. So every savvy retailer today knows that consumers buy products that reflect their sense of style, humor and individuality.
Rising demand from Europe and Asia-Pacific will drive the growth of the market
While the demand for custom printed t-shirts in developed economies like North America and Europe is expected to rebound after the economic recovery, these regions are expected to experience slow growth, which will make them comparatively less attractive markets.
Nevertheless, the multitude of investments in the development of printing technologies is expected to provide the necessary impetus for the growth of the market in these regions. Asia-Pacific is expected to remain the most attractive business destination for custom t-shirt printing vendors. There are healthy growth and investment opportunities in emerging markets like India and China. The anticipated growth opportunity reflects the proliferation of e-commerce and the changing fashion awareness among consumers in these countries.
Equipment Advancement to Drive Segment Growth
Screen printing is a standard technique for t-shirt printing and accounted for more than half of the custom t-shirt printing market revenue share by printing technology in 2021. Growing awareness about the benefits of the screen printing technique such as better printing quality and versatility is expected to sustain the growth of this market during the forecast period 2022-2030.
Screen printing is the most popular and common technique for printing t-shirts. The screen printing industry is continuously growing with the advancement of printing equipment and techniques. The introduction of advanced machines and inks has improved the efficiency and quality of printing. Rising awareness about the benefits of the screen printing technique such as better print quality and better versatility is expected to sustain the growth of this market throughout the forecast period. Digital t-shirt printing is growing in popularity because it requires less labor and allows a variety of designs to be produced in small batches.
Rising trend in personalization expected to drive growth in North America
In 2021, Asia-Pacific accounts for the largest global market share, by revenue, in the overall custom t-shirt printing market. The market here is mainly driven by the region’s huge consumer base. Asia-Pacific is the largest market for apparel and related accessories. Thus, the region becomes a high-potential market for stylish and fashionable accessories and clothing, such as printed t-shirts.
With the increase in discretionary income of locals here, spending on fashion clothing and accessories has increased significantly over time. Several start-ups making printed t-shirts and trendy accessories have sprung up in countries like China, India, Japan, and Southeast Asia. Thus, these countries have become forerunners for the global Asia-Pacific custom t-shirt printing market. Growing competition in these countries significantly complements the growth of the market here and is expected to continue the trend over the forecast period.
List of companies covered:
Custom Ink, LLC
Addicted to printing
International screen printing and embroidery
Touch and print Pte. ltd
Thai t-shirt factory
The private way
EL Print Pte Ltd.
Main topics covered:
2. Executive Summary
3. Custom T-shirt Printing Market: Business Outlook and Market Dynamics
4. Custom T-shirt Printing Market: By Technology, 2020-2030, USD (Billion)
7. Custom T-shirt Printing Market: By End Use, 2020-2030, USD (Billion)
8. North America Custom T-Shirt Printing Market, 2020-2030, USD (Billion)
9. UK & EU custom t-shirt printing market, 2020-2030, USD (Billion)
10. Asia-Pacific custom t-shirt printing market, 2020-2030, USD (billion)
11. Latin America custom t-shirt printing market, 2020-2030, USD (billion)
12. Middle East & Africa Custom T-Shirt Printing Market, 2020-2030, USD (Billion)
13. Company Profile
For more information about this report visit https://www.researchandmarkets.com/r/4gojwf