Dye Sublimation Paper MarketSize and Trends

The global dye sublimation paper market is expected to surpass US$ 801.7 million by the end of 2030 and exhibit a CAGR of 5.3% during the forecast period (2022 to 2030).

Among regions, Asia Pacific held a dominant position in the global dye sublimation paper market in 2022, accounting for 43.5% market share, in terms of revenue, followed by Europe and North America. Asia Pacific is expected to be dominant market due to its large population opting for Clothing and textile products, and is expected to show significant growth over the forecast period. China and India are the key markets for Dye Sublimation Paper in Asia Pacific.

Figure 1. Global Dye Sublimation Paper Market Revenue Share (%), By Region, 2021

Market Trends

Various key players focus on R&D as well as introducing new products with enhanced features in order to cater to growing demand for effective treatment options. On an average, gross margin of companies stood at 35%. Large scale enterprises are focused on enhancing the gross margin above 60% with the help of smart production tools. For instance, in 2022, Sappi announced to expand dry sublimation mill facility in Italy to increase production capacity and improve lead time and sustainability footprint of the mill.

Figure 2. Global Dye Sublimation Paper Market Revenue Share (%), By Product Type, 2021

Among product type, with coating segment is accounted for the highest market share of 62.6% in the global dye sublimation paper market, in 2021. The dye sublimation paper with coating allows for consistent blooms for the sublimation inks, which leads to consistency of color. The dye sublimation paper with coating also exhibits less cockling, which allows print heads to be closer. Eventually leading to the possibility of better print detail and the consumption of less ink.