Dye Sublimation is a printing technology that enables making of various customized color prints to various specialty coated objects including textiles, wood, plastic, films and ceramics, etc. In this process, solid printing dye is sublimated into high gas temperature and is then exposed on targeted surface to print. This process helps in offering permanent coloration to the exposed surface and is highly resistive to peeling of surface. As such, the product is largely used and has gained wide scale commercialization worldwide.
The global dye sublimation paper market is expected to surpass US$ 801.7 million by the end of 2030 and exhibit a CAGR of 5.3% during the forecast period (2022 to 2030).
Drivers
The Textile industry is driving the global dye sublimation paper market growth. For instance, according to the data published by The National Council of Textile Organizations (NCTO), U.S. textile and apparel shipments totalled $65.2 billion in 2022.
Moreover, the significant growth of the Textile industry across the globe is driving the global Dye Sublimation Paper market growth. U.S. industry is the second largest exporter of textile-related products in the world fiber, textile, and apparel exports combined were $28.4 billion in 2022.
Among regions, Asia Pacific held a dominant position in the global dye sublimation paper market in 2022, accounting for 43.5% market share, in terms of revenue, followed by Europe and North America. Asia Pacific is expected to be dominant market due to its large population opting for Clothing and textile products, and is expected to show significant growth over the forecast period. China and India are the key markets for Dye Sublimation Paper in Asia Pacific.
Figure 1. Global Dye Sublimation Paper Market Revenue Share (%), By Region, 2021
Market Restraints
Humidity of the working environment is one of the prime environmental factors influencing sublimation paper thickness. Additionally, sublimation items must have a white or light-coloured print area. Black or dark-coloured surfaces can’t be sublimated.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2022: | US$ 560.1 Mn |
| Historical Data for: | 2017 to 2021 | Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 5.3% | 2030 Value Projection: | US$ 801.7 Mn |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
A Guangdong Guanhao High-Tech, Hansol Paper Co., Ltd., Sappi Group, Neenah Coldenhove, Ahlstrom-MunksjÃ, The Felix Schoeller Group, Beaver Paper & Graphic Media Inc., Jiangyin Allnice Digital Technology, Seiko Epson Corporation, B.N Papeis |
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| Restraints & Challenges: |
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Market Trends
Various key players focus on R&D as well as introducing new products with enhanced features in order to cater to growing demand for effective treatment options. On an average, gross margin of companies stood at 35%. Large scale enterprises are focused on enhancing the gross margin above 60% with the help of smart production tools. For instance, in 2022, Sappi announced to expand dry sublimation mill facility in Italy to increase production capacity and improve lead time and sustainability footprint of the mill.
Figure 2. Global Dye Sublimation Paper Market Revenue Share (%), By Product Type, 2021
Among product type, with coating segment is accounted for the highest market share of 62.6% in the global dye sublimation paper market, in 2021. The dye sublimation paper with coating allows for consistent blooms for the sublimation inks, which leads to consistency of color. The dye sublimation paper with coating also exhibits less cockling, which allows print heads to be closer. Eventually leading to the possibility of better print detail and the consumption of less ink.
Global Dye Sublimation Paper Market - Impact of Coronavirus (Covid-19) Pandemic
The supply of dye sublimation paper was directly impacted by the COVID-19 pandemic in March 2020, during the initial phase of lockdown. The shutdown of major industries negatively impacted the dye sublimation paper market. Dye Sublimation Paper are commonly used in textile industrial for excellent color, unlimited shades of color, eliminates cracking, peeling or fading of the image in the long run, etc. Lockdown in most countries amidst the pandemic blocked the dye sublimation paper supply chain and caused implications for companies across a wide variety of industries. Processing plants across the globe were closed and transportations were shut down for months due to the COVID-19, both of which contributed to logistics issues. The economic gloom triggered by the COVID-19 impacted the global dye sublimation paper consumption in 2020. However, the target market is surging as the pandemic conditions currently, in 2022, is much better compared to the initial phase of the pandemic in March 2020. In the mid of 2021, the economic activity restarted in most countries across the globe. For instance according to the data published by the International Energy Agency (IEA) in April 2020, in the second half of 2020, an international intergovernmental organization, a shorter lockdown period, and a strong economic recovery began.
Competitive Section
Key players operating in the global dye sublimation paper market include A Guangdong Guanhao High-Tech, Hansol Paper Co., Ltd., Sappi Group, Neenah Coldenhove, Ahlstrom-MunksjÃ, The Felix Schoeller Group, Beaver Paper & Graphic Media Inc., Jiangyin Allnice Digital Technology, Seiko Epson Corporation, B.N Papeis.
In digital printing technique, dye sublimation is used, in which heat transfer technique is used on the image to the intend substrate. It prints graphics onto special transfer paper using sublimation inks. Dye Sublimation uses a heat press to transfer the ink-on-paper to the substrate. While Inkjet printers print liquid ink on top of paper, sublimation printers permeate the material with ink vapors eliminating the stage of liquid transfer. Sublimation printing is best suited for printing graphics onto plastic substrates.
Market Dynamics
There have been remarkable move by mainstream print companies due to growth of dye sublimation printing market worldwide. As there is uninterrupted surge in demand, that is driving the development of larger presses in turn stimulating a new generation of industrial high-end printers. Moreover, a host of new and improved inks, media, hardware and software have been introduced to fuel dye-sublimation printing technology and play a larger role in the sign industry, particularly in cases where signs and displays can be used multiple times.
However, Roland DG and Apsom Infotex have launched their eco-friendly Texart XT-640 & RT-640 dye-sublimation transfer printers that embrace wide range of textile applications including sports merchandising, fashion apparel, soft signs (polyester banners and flags), home furnishing, interior décor, promotional items and personalized gifts.
Key market players are focusing on product launches, product expansions, mergers, acquisitions, and partnerships in order to expand their business in the market. The surge in demand for these relatively new technology printers is for many reasons. For instance, Shailesh Mehta, CEO, Mehta Cad Cam Systems Pvt. Ltd., states that the demand for relatively new technology printers is for many reasons, such as rapid awareness campaign on environmental issues in many cities/states that the solvent printers are getting banned. “This is actually fuelling the demand for dye sublimation printers, and hence, carving the growth trajectory for the sublimation printing technology as it is the only alternative present for now that can address environmental issues, besides meeting the contemporary needs.
Key features of the study:
Detailed Segmentation:
*” marked represents similar segmentation in other categories in the respective section.
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