Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 847.75 million | USD 1,506.89 million | 6.60% | 2023 |
The global screen printing machines market size was worth around USD 847.75 million in 2023 and is predicted to grow to around USD 1,506.89 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.60% between 2024 and 2032.
Screen printing machines are equipment used for carrying out silkscreen printing also known as silk screening or screen printing. The method involves the transfer of stenciled design on a desired surface with the help of a mesh screen, a squeegee or a rubber blade, and ink. In simple terms, during the screen printing technique, a stencil is created on a mesh screen. The ink is then transferred or pushed on a surface below to create a design. The most common material surfaces used during silkscreen printing are fabric and paper. However, other materials such as wood, metal, and plastic may also be used. The most significant advantage of using screen printing machines for printing processes is that they allow the use of a wide range of colors which is an essential limitation with other forms of printing methods. Screen printing, in its basic form, can be carried out using hands. However, in recent times, machines have been developed to aid the process of screen printing. There are 6 main types of screen printing methods. They are halftone printing, spot color screen printing, duotone printing, grayscale printing, simulated process printing, and 4 color printing. The demand for screen printing machines has been growing steadily especially in the textile industry due to the escalating consumption of textile fabrics in the clothing sector.
Rising demand in the textile industry will drive the market demand
The global screen printing machines market is expected to grow due to the growing demand for silk screening in the textile market. The fabric industry is one of the most prominent and revenue-generating industries. It deals with the production and distribution of textile products that have further applications. The most prominent use of textiles is in the thriving clothing market. Factors such as the rapid rise in population, increased disposable income, changing consumer buying patterns, and a steady growth in the consumption of trendy clothing pieces have resulted in massive investments in the global textile sector. In addition to this, the fabric industry is also witnessing a sharp rise in research and innovation-related investments. For instance, the current textile industry is under pressure to reduce the consumption of non-biodegradable polyester and other materials since textile waste and subsequent pollution are one of the leading causes of degrading environmental quality. Thus, more companies are focusing on developing environmentally friendly yet affordable fabrics that can be used for making fashionable and at the same time sustainable clothing pieces.
In May 2024, Grandtek Asia Corporation (GAC), a leading Taiwan-based supplier of performance fabrics announced the launch of novel sustainable materials in the form of Naia Renew and Naia. They are a form of bioplastic and are expected to deliver exceptional performance as compared to traditionally used polyester. Moreover, the ongoing research on the development of new technologies that can help the textile industry become more sustainable may further contribute to the screen printing machine industry's total revenue. The emerging candidates for such technologies include SEAQUAL®, REPREVE®, and ECONYL® as they are being used for turning plastic waste into recycled forms.
Growing government support to encourage investments in the textile industry may also work toward higher revenue
Regional governments and ministries worldwide have started taking multiple initiatives to promote the domestic textile market, especially in countries that already enjoy the status of a rich textile sector. Such initiatives are likely to impact the demand in the global screen printing machines market. For instance, in February 2024, Vietnam hosted the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT). The event hosted over 400 exhibitors.
Limited customization options as compared to other printing techniques may limit the industry's growth rate
The global industry for screen printing machines may register inhibited growth during the projection period. A leading reason for the restricted growth trajectory is the limited customization option that the machines provide when compared to some of the other printing techniques, especially digital printing. The latter offers an extensive range in terms of personalization and thus has gained an extreme following. On the other hand, screen printing machines cannot be customized to the extent of digital printing solutions.
Ongoing development in machine technology may result in extensive growth possibilities
The global screen printing machines market will generate extensive growth opportunities during the forecast period. A key driver is expected to emerge in the form of growing investments in research & development toward upgrading machine technology in the form of more efficient solutions. In May 2022, Impress Apparel Machines (P) Ltd., an Indian manufacturer of screen printing machines, announced the launch of the Oval Textile screen printing machine under the FOREVER brand. The tool offers a wide selection in terms of sizes starting from 65 x 85 cm to 70 x 100 cm. Moreover, it also delivers extensive configurations from 6 color/24 pallets to 22 color/72 pallets. In July 2023, SCREEN Graphic Solutions, a leading supplier and manufacturer of printing production systems announced that it will soon launch new lines of printing solutions focusing on the packaging and labeling sectors. One of the solutions has been developed in partnership with Nilpeter as an integration of the FA-Line flexographic platform owned by the latter along with LABEL 350UV SAI technology by Screen.
Growing demand for screen printing in the packaging sector will help the industry thrive
The packaging industry has resulted in extended demand for silkscreen printing techniques as the method allows the use of a wide range of color options. Moreover, the growing demand for consumer products especially encouraged by the rising sale of products through e-commerce channels has reshaped the packaging industry. The innovations include the use of smart technologies for greater transparency and product safeguarding along with developments in more flexible packaging solutions. The global screen printing machine market players must invest in solutions that deliver to the growing sector of packaging and labeling.
Higher cost of advanced versions may challenge the market expansion rate
The global industry for screen printing machines is projected to be challenged due to the high cost of advanced machines. Personalized variants may cost more than USD 19,000 depending on the model and the exact features. In addition to this, the regular costs of maintaining and operating the tool are considerably high thus limiting the addition of new consumers.
The global screen printing machines market is segmented based on application, type, and region.
Based on the application, the global market segments are commercial printing, packaging printing, electronics printing, textile printing, crafts printing, and others. In 2023, the highest growth was witnessed in the textile printing segment. The surging investments in the textile market driven by higher consumption in the clothing and home decor industries are contributing to the segmental growth. India’s textile industry contributes to more than 2% of the country’s total gross domestic product (GDP).
Based on the type, the global market divisions are automatic screen printing machines and manual screen printing machines. In 2023, the growth was highest in the automatic screen printing machine segment of the screen printing machine industry. These solutions offer higher performance efficiency. Moreover, they are easy to use and require minimal human intervention. The starting price of a basic automatic screen-printing tool is over USD 9000.
Report Attributes | Report Details |
---|---|
Report Name | Screen Printing Machines Market |
Market Size in 2023 | USD 847.75 Million |
Market Forecast in 2032 | USD 1,506.89 Million |
Growth Rate | CAGR of 6.60% |
Number of Pages | 213 |
Key Companies Covered | Lawson Screen & Digital Products, Anatol Equipment, Ranar Manufacturing, Workhorse Products, Hirsch Solutions, Brown Manufacturing Group, Sinoart, M&R, A.W.T. World Trade, ColDesi, Vastex International, Atlas Screen Supply, ROQ, Sakurai, SPSI, and others. |
Segments Covered | By Application, By Type, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Europe to dominate the market’s growth rate during the projection period
The global screen printing machines market is expected to witness the highest growth in Europe. Countries such as Italy, Germany, and Switzerland are some of the leading producers and exporters of printing production machines. In 2022, as per official data, Germany’s total export value for print production machines was around USD 265 million. Moreover, the growing innovation rate among regional suppliers of screen printing equipment has been contributing to Europe’s steady growth rate over the years. In March 2024, THIEME, a German player in the market, announced the launch of THIEME 3000 Vision AL, a novel tool with exceptional performance in terms of screen printing. It is a high-precision equipment and offers 100% automatic delivery. It is produced in several print formats ranging up to a maximum of 1000 x 1400 mm. In October 2023, Screen Europe inaugurated its latest facility the Inkjet Innovation Center (IIC) located in the Netherlands area thus encouraging higher competition in the regional market.
Asia-Pacific is expected to deliver considerable results in the screen printing machine industry growth during the projection period. China is a dominant supplier of highly advanced automatic screen printing machines. However, it is also a leading consumer of the technology driven by the growing use of screen printing in the textile industry.
The global screen printing machines market is led by players like:
By Application
By Type
FrequentlyAsked Questions
Screen printing machines are equipment used for carrying out silkscreen printing also known as silk screening or screen printing.
The global screen printing machines market is expected to grow due to the growing demand for silk screening in the textile market.
According to study, the global screen printing machines market size was worth around USD 847.75 million in 2023 and is predicted to grow to around USD 1,506.89 million by 2032.
The CAGR value of the screen printing machines market is expected to be around 6.60% during 2024-2032.
The global screen printing machines market is expected to witness the highest growth in Europe.
The global screen printing machines market is led by players like Lawson Screen & Digital Products, Anatol Equipment, Ranar Manufacturing, Workhorse Products, Hirsch Solutions, Brown Manufacturing Group, Sinoart, M&R, A.W.T. World Trade, ColDesi, Vastex International, Atlas Screen Supply, ROQ, Sakurai and SPSI.
The report explores crucial aspects of the screen printing machines market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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