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HomeNews & ViewsBusiness FocusT-shirt printing market is anticipated to approach $9,009.3 million by 2023 with a CAGR...

T-shirt printing market is anticipated to approach $9,009.3 million by 2023 with a CAGR of over 9.7%

According to a recent analysis by Future Markets Insights (FMI), The global custom t-shirt printing market is estimated to be valued at US$ 3,579.1 Mn in 2022 and will surpass US$ 9,009.3 Mn by 2032.  The custom T-shirt printing market is expected to contribute over ~2% – 3% to the apparel market.

printed T shirt

According to FMI’s most recent survey, graphic, pre-printed T-shirts with movie logos and slogans are becoming increasingly popular among the younger generation, and this is driving up demand for bespoke T-shirt printing. Due to its distinctive style and fashionable appearance on both men and women nowadays, many people love to wear printed T-shirts. Typically, these prints are taken from a computer. Typically, fashion designers receive designs from graphic designers.

While demand for custom-printed t-shirts is anticipated to increase in established economies like North America and Europe following the recovery of the economy, these countries are anticipated to see slow growth, making them relatively less appealing markets.

In terms of techniques, the market share for screen printing is anticipated to reach around 52.1% in 2021. According to design, the artwork segment is anticipated to grow at a CAGR of 12.5% between 2022 and 2032.

While sales in Japan are anticipated to increase at a rate of over 15% CAGR throughout the projection period, the US custom T-shirt printing industry will account for over 78.9% of North America’s market. India is anticipated to lead South Asia’s growth in the bespoke T-shirt printing industry, with sales rising at a CAGR of 16.6% through 2022 and beyond.

Nevertheless, it is anticipated that numerous investments in the advancement of printing technologies would provide the necessary boost to the market growth in these areas. The most desirable location for businesses for providers of custom t-shirt printing is predicted to remain Asia Pacific. Opportunities for profitable growth and investment exist in developing nations like China and India. The expected development opportunity reflects the expansion of e-commerce and the growing fashion consciousness of consumers in these nations.

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