Meticulous Research® – leading global market research company is researching on market titled “Heat/ Transfer Press Printing Machine Market by Type (Alloy Steel, Stainless Steel, Others), Application (Clothing, Stickers Labelling, Bottles, Others), by End-User (Textile, Cup and Mug Printing, Fabrics) and Region - Global Forecast to 2025’’.
Apparel is one of the fastest evolving segments in global trade. The developed economies such as U.S., European Union, and Japan, among others are the major consuming countries. As apparel manufacturing involves labor intensive processes, most of the production takes place in developing and least developed countries owning to low labor cost. Growth in knit apparel is expected to outpace the growth in woven, owing to high acceptance for casualwear and growing demand for custom designed apparels. Currently, EU, the U.S., and the Japan remain the biggest markets for knit apparels, while emerging economies like Brazil, China, India, South Africa, Indonesia, and Middle East countries etc. are the high growth markets for the Knit products. In addition, continues development in printing technologies to reduce the production cost and cycle is also expected to support the demand of custom designed apparels.
Custom designed apparels are largely popular among youth. The organizations and companies who target young audience are using them as a promotional tool. The custom designed apparel such as shirts are ideally distributed at events that company or organization sponsors. By distributing t-shirts with custom printed logos and company name, the organizations aim to promote their brand and product offerings. Furthermore, affordability of custom designed shirts brand them as an ideal promotional tool with huge potential. This is increasing the production of custom designed apparel globally, ultimately fueling the demand for heat/ transfer press machines.
The heat/ transfer press machine market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2024 - by type and application. The study also evaluates industry competitors and analyzes the market at regional and country level.
Stainless Steel Segment Dominate the Global Heat/ Transfer Press Machine Market, by Type
Stainless steel segment accounted for the largest share of the global heat/ transfer press machine market in 2018. The large share of this segment is attributed to their increasing use in many industrial, architecture, chemical, and consumer applications.
Clothing Segment Dominate the Global Heat/Transfer Press Machine Market, by Application
Clothing segment accounted for the largest share of the global market in 2018. The large share of this segment is mainly attributed to the increasing disposable income, advancement in printing technology, and shifting trends towards custom designed apparel.
Asia-Pacific: The Fastest Growing Regional Market
North America commanded the largest share of the global heat/ transfer press machine market in 2018, followed by Asia-Pacific, Europe, Latin America, and Middle East & Africa. However, Asia-Pacific region is expected to be the fastest growing regional market due to the rising population, high disposable income, increasing demand for t-shirt printing machine, and rising spending on fashion clothing and accessories.
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Key Players in the Heat/ Transfer Press Machine Market
The report includes an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019).
The major players operating in the heat/ transfer press machine market are Guangzhou Jiangchuan Printing Equipment Co., Ltd. (China), Classic Graphics (U.S.), Anhui LIFU Machinery Technology Co., Ltd. (China), GUANGDONG METAL FORMING MACHINE WORKS CO.,LTD (China), Vastex International, Inc. (U.S.), Hotronix (U.S.), SEFA S.A.S (France), Guangzhou Disen Science Technology Co., Ltd. (China), Fujian Auplex Appliance Co., Ltd. (China), Anatol Equipment Manufacturing Co. (U.S.), Serigraf Ltd. (Ireland), and Dongguan STC Machinery Equipment Co.,Ltd (China)
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