by Market Overview:
Dye sublimation paper is used in dye sublimation printing that utilizes heat to transfer dye which adheres to the paper. It allows printing photographs or graphics on surfaces such as mugs, mouse pads and fabrics. This paper provides quality images at reasonable costs.
Market key trends:
One of Dye Sublimation Paper Market Size And Trends use of dye sublimation printing in home decor products such as wall décor, photo gifts, and soft signage. The ability to print on a variety of materials including wood, glass, metal and ceramic instead of just traditional substrates like paper and fabric is fueling the demand in home décor applications. The rising popularity of photo gifts such as mugs, mouse pads, T-shirts among others integrated with personalized photos is also driving the growth of dye sublimation paper market.
The dye sublimation paper market has been witnessing high demand due to increasing digitalization and growing decor and apparel printing industry. Some of the key trends include growing popularity of photo printing products such as photo books, cards, calendars etc. has boosted demand for dye sublimation paper. Rise in promotional and advertising activities by various brands that utilize banners, flags etc. printed via dye sublimation technology has also fueled market growth.
The global Dye Sublimation Paper Market Demand is estimated to be valued at US$ 589.79 Mn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
SWOT Analysis
Strength: Broad applications in decor, soft signage and apparel printing give it an edge over alternatives.
Weakness: Higher production cost compared to regular paper and price sensitive market.
Opportunity: Growing e-commerce and online printing has opened new areas of applications.
Threats: Availability of alternatives like UV, latex and multi-process printing poses competition.
Key Takeaways
The global dye sublimation paper market is expected to witness high growth, exhibiting CAGR of 5.3% over the forecast period, due to increasing demand for home décor products.
The Asia Pacific region dominated the global market in 2023, accounting for around 35% of overall shares. China, India & Japan are major markets driving the regional market due to well established decor, apparel and soft signage industries.
Key players operating in the dye sublimation paper market are 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.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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