Market Dynamics:
The global dye sublimation paper market is primarily driven by rising demand from the textile printing industry. As per estimates, the global textile printing machinery market was valued at US$ 2.35 Bn in 2021 and is anticipated to grow at a CAGR of 5.2% during the forecast period. Dye sublimation printing has emerged as one of the key digital printing techniques in the textile industry owing to benefits such as high color strength, resolution, longevity, and cost-effectiveness. Another key driver for the market growth is the growing adoption of soft signage applications such as banners, flags, and displays using dye sublimation paper. This can be attributed to features offered including ease of mounting, low maintenance, and ability to withstand harsh weather conditions. However, factors such as the presence of alternative technologies and volatility in raw material prices pose challenges to market growth.

Key Takeaways

The Global Dye Sublimation Paper Market Size is expected to witness high growth over the forecast period of 2023 to 2030 supported by rising applications in decor, photography and soft signage. The global dye sublimation paper market is estimated to be valued at US$ 589.79 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030.

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