Dublin, 13 July 2022 (GLOBE NEWSWIRE) — The Custom T-Shirt Printing Global Market Report 2022 has been added to from ResearchAndMarkets.com offer.
The global custom t-shirt printing market is expected to grow from $6.11 billion in 2021 to $6.58 billion in 2022 at a compound annual growth rate (CAGR) of 7.75%. The custom t-shirt printing market is expected to reach $8.89 billion in 2026 with a CAGR of 7.79%.
Asia-Pacific was the largest region in the custom t-shirt printing market in 2021. Asia-Pacific is expected to be the fastest growing region during the forecast period. Regions covered in Custom T-shirt Printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.
Rising government investment in sports activities is expected to propel the growth of the custom t-shirt market. In sporting activities and games, custom t-shirts help to give team players a unique appearance and increase team visibility.
For example, in 2021, UK sports, a UK-based government agency for major sporting events, would invest around £41 million (US$55.56 million) in UK bids to host the Cup. Women’s Rugby World Cup 2025 as well as the Grand Tour de France 2026. Departure and support to the feasibility activity of a potential bid for the UK and Ireland for the FIFA World Cup 2030.
Additionally, in 2021, Odisha recently announced that it will invest Rs 650 crore (US$86.87 million) in Rourkela as part of the preparations to host the 2023 Hockey World Cup in the state. Hence, increasing government investment in sports activities is driving the growth of custom t-shirts market.
Technological advancements and new product launches are a key trend that is gaining popularity in the custom t-shirt printing market. Companies operating in the custom t-shirt market are launching new products to provide an improved experience for their customers. For example, in September 2019, VELV Design & Printing, a printing company in Los Angeles, launched a custom printing service, which uses the SureColor F2100 Direct-to-garment printer with the potential to handle both custom t0shirts in bulk and in single order.
In May 2019, Printo, an India-based print store chain, acquired Inkmonk for an undisclosed amount. With this acquisition, Printo is poised to become the nation’s largest digital printing company that prints everything from business cards to phone books. Together, the companies aim to provide customers with a seamless, omnichannel experience. Inkmonk is an India-based custom printing marketplace that prints custom t-shirts, cards and books.
- CafePress Inc.
- Custom Ink LLC.
- Printful Inc.
- wired bird
- UberPrints Inc.
- Discount Mugs
- Broken arrow wear
Main topics covered:
2. Characteristics of the custom t-shirt printing market
3. Custom T-shirt Printing Market Trends and Strategies
4. Impact of COVID-19 on custom t-shirt printing
5. Custom T-shirt Printing Market Size and Growth
5.1. Global historic custom t-shirt printing market, 2016-2021, in billions of dollars
5.1.1. Market Drivers
5.1.2. Market Constraints
5.2. Global Custom T-Shirt Printing Market Forecast, 2021-2026F, 2031F, Billion USD
5.2.1. Market Drivers
5.2.2. Market Constraints
6. Custom T-shirt Printing Market Segmentation
6.1. Global custom t-shirt printing market, segmentation by printing technique
- Print Screen
- Digital printing
- Plot printing
6.2. Global custom t-shirt printing market, segmentation by design
6.3. Global custom t-shirt printing market, segmentation by distribution channel
7. Regional and Country Analysis of Custom T-Shirt Printing Market
7.1. Global custom t-shirt printing market, split by region, historical and forecast, 2016-2021, 2021-2026F, 2031F, in USD billion
7.2. Global custom t-shirt printing market, split by country, historical and forecast, 2016-2021, 2021-2026F, 2031F, in USD billion
8. Asia-Pacific custom t-shirt printing market
9. China custom t-shirt printing market
10. India custom t-shirt printing market
11. Custom t-shirt printing market in Japan
12. Australia custom t-shirt printing market
13. Indonesia custom t-shirt printing market
14. Custom t-shirt printing market in South Korea
15. Custom t-shirt printing market in Western Europe
16. UK custom t-shirt printing market
17. Germany custom t-shirt printing market
18. Custom t-shirt printing market in France
19. Custom t-shirt printing market in Eastern Europe
20. Custom t-shirt printing market in Russia
21. North America custom t-shirt printing market
22. Custom t-shirt printing market in the United States
23. South America custom t-shirt printing market
24. Custom t-shirt printing market in Brazil
25. Middle East custom t-shirt printing market
26. Africa custom t-shirt printing market
27. Custom T-shirt Printing Market Competitive Landscape and Company Profiles
28. Key mergers and acquisitions in the custom t-shirt printing market
29. Custom T-shirt Printing Market Future Outlook and Potential Analysis
For more information about this report visit https://www.researchandmarkets.com/r/hxq3ek