Seattle, Oct. 26, 2022 (GLOBE NEWSWIRE) -- The global dye sublimation paper market is estimated to be valued at US$ 560.1 Million in 2021 and expected to exhibit a CAGR of 5.3% during the forecast period (2022-2030).
Key Trends and Analysis of the Global Dye Sublimation Paper Market:
Textile and printing industry has been reeling with losses in past. Since, automation is expected to not only help for faster turnaround but also better web-to-print ordering and press management. Majority of the small scale companies has not been able to generate higher ROI despite increase in production. Rise in raw material prices and labor cost has hindered the overall growth. As such, engaged companies are pushing for automation.
Most of the Companies focus on R&D as well as introducing new products with enhanced features in order to cater to growing demand for effective treatment options. For instance, in 2021, Neenah Coldenhove launched Jetcol TA Light Tack, a sublimation papers so as to expand their product range.
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Key Market Takeaways:
The global dye sublimation paper market is expected to exhibit a CAGR of 5.3% over the forecast period (2022-2030). Among the Product Type, Dye sublimation paper with coating segment is accounted for the highest market share of 62.6% in the global dye sublimation paper market, in 2021. They are mostly used for full colour artwork that generally works with various substrates, including polyester and polymer-coated substrates. The process is commonly used for decorating apparel, signs and banners, as well as novelty items such as cell phone covers, plaques, coffee mugs, and other items with sublimation-friendly surfaces.
Europe dye sublimation paper market is estimated to be valued at US$ 141.3 Mn in 2022 and is expected to grow at a significant rate of 3.1% during the forecast period. Across Europe, rising demand for dye sublimation paper market is in high demand, Italy will continue to form a hub for dye-sublimation work in Europe due to demand from the fashion and clothing industries; and for technical evolution as its long-standing expertise in this field is increasingly twinned with the reach of global equipment selling networks.
Technology launches, acquisitions, collaborations and R&D activities are key strategies adopted by players in the global dye sublimation paper market. Such as, as excellent color, unlimited shades of color, eliminates cracking, peeling or fading of the image in the long run, etc. For instance, The U.S. textile industry invested $20.2 billion in new plants and equipment from 2011 to 2020. Recently U.S. manufacturers have opened new facilities throughout the textile production chain, including recycling facilities to convert textile and other waste to new textile uses and resins.
Competitive Landscape:
Major 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.
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Market Segmentation:
- Global Dye Sublimation Paper Market, By Type:
- Below 80 g/m2
- 80-110 g/m2
- Above 110 g/m2
- Global Dye Sublimation Paper Market, By Product Type:
- With Coating
- Without Coating
- Global Dye Sublimation Paper Market, By Application:
- Clothing & Textiles
- Advertising
- Others (Digital Transfer Printing, etc.)
- Global Dye Sublimation Paper Market, By Region:
- North America
- By Country:
- U.S.
- Canada
- By Country:
- Europe
- By Country:
- U.K.
- Italy
- France
- Germany
- Spain
- Russia
- Rest of Europe
- By Country:
- Asia Pacific
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- Rest of Asia Pacific
- By Country:
- Latin America
- By Country:
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- By Country:
- Middle East & Africa
- By Sub-region:
- Middle East
- Africa
- By Sub-region:
- North America
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