According to the latest market report published by Future Market
Insights titled “Screen Printing Mesh Market: Global Industry Analysis
2013-2017 and Opportunity Assessment 2018-2028”, gradually developing
demand for printed textiles and the expanding packaging industry have
driven the global screen printing mesh market. Globally, the revenue
generated from the sales of screen printing mesh has been estimated to
be around US$ 562.8 Mn in 2018, and is projected to increase at a CAGR
of 4.5%, during the forecast period 2018-2028.
Majority of the textiles printed in the global market are printed
with the screen printing technique due to its simplicity. The technique
enables the largely unorganised textile industry to economically print
their textile products, attributing to a large volume demand for screen
printing mesh. The demand for screen printing in the packaging industry
is significantly high with around 9% of the labels printed globally
being screen printed. Thus, the performance of the textile and packaging
industry in geography indicates the growth of the screen printing mesh
market in that geography.
APEJ Expected to Dominate the Global Screen Printing Mesh Market
The
APEJ region is expected to register the highest growth rate in the
packaging market and also account for the highest market share in the
present market scenario. The demand for printed textiles is also highest
in the APEJ region. Furthermore, the mostly unorganised packaging and
textile industries of APEJ region prefer the most economical solution
for manufacturing and printing, and polyester screen printing mesh is
very cost effective. Thus, screen printing is highly preferred over
other techniques, leading to a high demand for screen printing mesh.
Moreover, adoption of digital and other advanced printing techniques is
lower in the APEJ region as compared to the developed countries of North
America and Western Europe. This has resulted into a relatively lower
impact of the introduction of digital printing on screen printing mesh
market in the APEJ region.
Rising Demand for Digitally Printed Textiles to Impact the Western Europe Screen Printing Mesh Market
Digital
printing is rapidly increasing in Western Europe due to its advantages
over traditional screen printing, negatively impacting the screen
printing mesh demand. Significantly, the large packaging industry of
Western Europe region has attained maturity and is expected to grow at a
sluggish pace. Furthermore, the packaging industry of Western Europe
has shown high adaptation rate for advanced printing techniques.
Although Europe is the largest importer as well as exporter of the
screen printing mesh in the world, the screen printing mesh demand by
the packaging industry of Western Europe region is projected to witness
sluggish growth.
Romania Estimated to be the Largest Exporter of Screen Printing Mesh
Along
with Russia and Poland, Romania is a significant contributor to the
Eastern Europe screen printing mesh market. Romania is the third largest
exporter in the global screen printing mesh industry in terms of value
and volume, while the world’s largest net exporter in terms of value.
Gradually developing manufacturing industry of Eastern Europe is
expected to drive the demand for screen printing and screen printing
mesh.
Market Volume for Global Screen Printing Mesh Expected to Expand at 1.6X over the Forecast Period, 2018-2028
Detailed
profiles of companies are also included in the report to evaluate their
strategies, key product offerings, and recent developments. The key
players in the global screen printing mesh market are Haver &
Boecker OHG, NBC Meshtec Inc., Sefar AG, Nippon Tokushu Fabric, Inc.,
Maishi Wire Mesh Mfg., Asada Mesh Co., Ltd., Weisse & Eschrich GmbH
& Co. KG, Saati S.p.A., Nakanuma Art Screen Co., Ltd, and Extris
Srl.
In the global screen printing mesh market report, we have discussed
individual strategies followed by company developments in terms of
product portfolios, new marketing techniques, as well as mergers and
acquisitions. The ‘Competitive Landscape’ section is included to provide
report audiences with a dashboard view and company share collectively.