With the recent installation of a VUTEk FabriVU 340i, Hollywood Monster has now purchased 11 EFI VUTEk printers from CMYUK in a total investment approaching £5m.
This new printer allows us to take full advantage of the growth in appetite for digital textile printing. A recent survey by Smithers Pira forecasts that the growth rate for digital textile printing will reach 17.5% per annum over the next six years, and within this time period the total available global market for digital textile printing will more than double.
“Every time we purchase a new printer we don’t just look at the increased capacity for us, we look at what other commercial opportunities this can provide the company,” says Simon McKenzie, Managing Director, Hollywood Monster. “These are big investments for us and not decisions we take lightly. We have already switched some of our marketing focus into retail and outdoor events, where we know the dye sub market is growing year on year.”