Textile Related News

Company Acquisitions to enter the growing Textile Printing Market

Textile Printing TREND

Digital textile printing (value) has been growing at a steady rate (45%) from 2004 to 2009, (12%) from 2009 to 2012, (19.4%) from 2012 to 2014 and is predicted to grow 20.1% from 2014 to 2019. *

Naturally all major players in the industry want to gain market share, but not all of them have the experience needed to do so. Some have attempted to manufacture their own printers, others have re-branded printers from other companies, and the latest and smartest move is buying entire companies dedicated to textile printing. While these companies trying to enter the market, have many years of experience in manufacturing other kinds of large-format printers (UV-curing or solvent); it is not enough to manufacture a fully functional digital textile printer.

At the rate this emerging market is growing it is a safer bet to buy printers manufactured by a company with expertise in this field, or why not? Buy an entire digital textile company, if you have the means of course.

efi_Reggiani_Renoir_Next_190_textile

efi / Reggiani Renoir Next 190 at FESPA Amsterdam 2016 (FLAAR Photo Archive)

Some of the large corporations in the industry have bought others in order to gain market share are: Efi who bought Reggiani (July 2015), Mimaki acquired La Meccanica (December 2015), Ricoh purchased Anajet t-shirt printers (January 2016) and the latest is Epson who invested in Robustelli (June 2016).

All these alliances allow, the already established large printer companies, to compete more successfully with a well-known and recognized brand in the textile field.

Epson_Robustelli_booth_textile_1371

Robustelli in Epson booth at ITMA Milano 2015 . FLAAR Photo Archive.

Source: Anajet, efi, Epson, Mimaki, and Ricoh News;
*The Future of Digital Textile Printing to 2019 (Smithers Pira).

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