The Global Dye Sublimation Paper Market Growth Accelerated By Increased Demand From Apparel And Home Decor Industry
Dye sublimation paper is used
for producing photo-realistic images by means of heat-transfer through
sublimation. It finds wide application in printing soft signage, home decors,
decoratives, apparel and various promotional and industrial goods. The paper
offers high quality and durable prints that do not fade or crack over time. It
provides an economical alternative to fabric printing.
The global dye sublimation
paper market is estimated to be valued at US$
679.44 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2031, as highlighted
in a new report published by Coherent Market Insights.
Market key trends:
The key trend accelerating the growth of dye sublimation paper market is
increased demand from apparel and home decor industry. Dye sublimation printing
is widely used for printing customized t-shirts, mugs, calendars, posters and
soft signages. The durable and vibrant prints offered by this technology are
increasingly preferred for customizing apparel and promotional products.
Furthermore, growing do-it-yourself home decor trend has boosted the demand for
dye sublimation paper for printing photo realistic images on wall décor, curtains,
blankets, lampshades, cushions and furnishing fabrics. The wide range of
application in cost-effective mass customization of apparel and soft signages
will continue driving the dye sublimation paper market over the forecast
period.
Segment Analysis
The dye sublimation paper market is segmented into coated and uncoated dye
sublimation paper. The coated dye sublimation paper segment is dominating the
market currently due to its glossy finish and photo-like quality that it
provides for printed images. The advanced coating technique used in this
segment allows for high-density printing and produces long-lasting, vibrant
colors in printouts.
Key Takeaways
The Global
Dye Sublimation Paper Market Size is expected to witness high growth
over the forecast period. The global dye sublimation paper market is estimated
to be valued at US$ 679.44 Mn in
2023 and is expected to exhibit a CAGR
of 3.9% over the forecast period 2023 to 2031.
The North American region
currently accounts for the largest share in the market owing to technological
advancements and increasing demand from commercial printing applications in the
region. The Asia Pacific region is projected to register the fastest growth
rate during the forecast period. This is attributed to rapid industrialization activities,
growing population, and increasing disposable income in emerging countries of
the region such as China and India. Further, developing manufacturing
industries coupled with expanding commercial printing sector will augment the
demand for dye sublimation paper in Asia Pacific.
Key players
Key players operating in the
dye sublimation paper market are Campbell Soup Company, Nestlé S.A., The Kraft
Heinz Company, Pacific Foods of Oregon, Bar Harbor Foods, BUMBLE BEE Seafoods,
More Than Gourmet, Kettle Cuisine, Bonafide Provisions, College Inn. The
leading players are focusing on product innovation and development of advanced
dye sublimation paper grades to strengthen their market position.
For
More Insights, Read: https://www.newswirestats.com/dye-sublimation-paper-market-demand-growth-and-regional-outlook-by-2030-2/
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