Page 48 - Print21 magazine Mar-Apr 2023

652
bn
684
| MARKETS | INTERIORS
HOME DÉCOR MARKET SIZE
HOME DÉCOR MARKET SIZE GROWTH PROJECTION
GROWTH PROJECTION
US$
US$
904 US$ bn 904
652 US$ bn 652
US$
789US$ bn 789
bn
US$
684 US$ b
bn
bn
Sources: Maxi SBousricnes:sMRaexsiemairscehMCoarmkeptaRneysearchand
Business Research Company
684
bn
n
mise Market Research and
WALL DECORATION MARKET SIZE WAGLRLODWECTHORPARTOIOJENCTMIOARNKET SIZE
49 U bn
GROWTH PROJECTION
63 US$ bn 63 bn
Source: Research & Markets Source: Research & Markets
US$
US$
US$S$
53 US$ bn 53 bn
49
bn
predicted that the global wall décor market is expected to grow to $63bn in 2026 at a CAGR of 4.4 per cent – having grown from $49bn in 2021 to $ 53bn in 2022 or 6.9 per cent.
Looking at home textiles, in November, Grand View predicted that the global home textiles market is expected to reach $186bn by 2030, registering a CAGR of 5.6 per cent.
Opportunities abound across all sectors of the décor industry where creativity and product innovation flourish, with the application of digital printing technology.
agile, on-demand technology for low or high- volume printed wallpaper production.
In October, HP expanded its
Latex range, to offer the Latex
2700 Printer Series, building on
its existing range, which has had
a significant impact within the wallcoverings industry. The HP Latex 2700 prints with what HP says are vivid colours, at up to 89sqm
per hour. HP says it also produces the whitest white without yellowing or waste. And you can add in automated printhead cleaning and an intuitive interface, to save time and money at every turn.
The entire line is dedicated to ensuring no hazardous air pollutants, along with odourless prints, recyclable ink, and gives the printer
a wide range of compatible eco- conscious media options.
TEXTILES ON-DEMAND
Kornit Digital launched the
Presto Max digital textile printer,
designed for sustainable on-demand
There have been a number of
HOME DÉCOR MARKET SIZE keyGdReOveWloTpHmPeRnOtsJEinCTthIOeNlast year,
and all deliver technology that
can and must be used for smart
manufacturing if we are to deliver
product sustainabiUliSt$y. 904
US$
789 bn bn
UDS$ÉCOR PRINT FOR
Canon launched the Canon UVgel
Wallpaper Factory, an end-to-end
automated solution for the high-
Wbn ALLCOVERINGS.
volume production of wall décor
production of apparel, home décor,
Sources: Maximise Market Research and applicaBtuisoinness ,RewseharicchhCoimspdaneysigned for
2022: US$652bn
maximum throughput at high quality, and 24/7 operation.
2023: US$684bn
WALL DECORATION MARKET SIZE ThisGsRmOaWrtTsHolPuRtiOonJEdCeTliIOveNrs an
machine uses XDi technology to
instant production workflow and is
designed for maximum efficiency
high print quality and to run all day
output decorative effects
As a single-step, direct-to-fabric
long with minimUuSm$ operational
supervision. As subnch it presents US$
a fully automated and modular
49
bn
53
bn
production facility for digitally
printed wallpaper, from the bulk-
sized media input straight through
to the finished rolled output. High
The Presto MWaAxLLisDcEoCmOpRaAtiTbIOleN MARKET SIZE
imaging technologies. Designed
volumes can be achieved using this
its use of water-based NeoPigment
friendly f4ea.tu4re%s. The high-speed direct-to-fabric printer runs at up to 160 sqm an hour , and uses Epson Precision Dot Technology.
Source: Research & Markets
2026: US$63bn Robusto ink,SCouOrce2: -Rneseaurcthr&aMl adrkestsign,
US$
US$
press it’s engineered to print white
ink on dark fabrics and can create
decorative effects such as threadless
embroidery, high-density prints,
vinyl, screen transfer, and more.
63
and textile goods. Engineered to
print white ink on dark fabrics, the
2027: US$789bn
2029: US$904bn
with natural fabrics, synthetics
CAGR FORECAST
GROWTH PROJEC-
5.6%
and blends, and offers minimised
Epson says this printer minimises
environmental footprint, through
and Eco-Passport certification Epson launched the new baby of
the Epson Monna Lisa series, the ML-8000 Digital Direct-to-Fabric Printer. The digital direct-to-fabric textile printer features eight, new
downtime and simplifies maintenance, with an array of user-
TION
4.9%
4.9% 4.4%
5.6%
2021: US$49bn
2022: US$53bn
for productivity and reliability,
CAGR FORECAST
CAGR FORECAST 5.6% 4.9% 4.4%
Sources: Maximise Market Research, Business Research Company, Research & Markets
HOME DÉCOR
WALL COVERINGS
HOME TEXTILES
4.7" PrecisionCore printheads, to
Sources: Maximise ML-8000 accuMratrekleytrReepsreoadrcuhc,eBsusi-
CAGR forecast
As technology and manufacturing
efficiency advance, the digitisatio
of traditional textile manufacturing
and wallcovering production is
Home Décor: 4.9%
deliver crisp, detailed, professional-
gaining pace. Driven by consumer
Wall Coverings: 4.4% quality textiles.Home Textiles: 5.6%
HOME WALL HOME
As a direct-to-fabric printer, the
DÉCOR demCaOnVdE,RthINeGsSustainaTbEleXTaInLEdS HOME WALL HOME
DÉCORenvironCmOeVnEtaRlINatGtrSibutesTtEhXatTIdLiEgSital Sources: MapxrimodisuecMtioarnketqRueispemarecnht, BaunsdinCeassd/
ness Research Company,
ReSsoeuarcehsC:Momaxpimanisye,RMesaerkaercthRe&seMaarcrkhe,tBsusiness
complex patterns, colour gradations
Cam software offer are sure to make
Research & Markets
Research Company, Research & Markets
and fine details on a wide variety of fabrics at astounding speeds using Epson's most advanced
a significant impact on the waste created by traditional manufacturing technologies.
48 MARCH/APRIL 2023
2021
2022
2026
2022
2023
2027
2029
2021 2021
2022 2022
2022 2022
2027 2027
2026 2026
2029 2029
2023 2023