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According to the latest market report entitled” Screen Printing Mesh Market: Global Industry Analysis 2013-2021 and Opportunity Rating 2022-2028” published by Future Market Insights, the demand for printing textiles is gradually increasing and the packaging industry is expanding. Therefore, global screen printing mesh is being promoted Market. Globally, revenue generated from the sale of screen-printed mesh is estimated to be approximately US $ 562.8 million in 2022 and is projected to grow at a CAGR of 4.5% during the forecast period 2022-2028.
Most of the textiles printed on the world market are printed with screen printing technology because of their simplicity. This technology allows the less organized textile industry to print textile products economically, contributing to the large demand for screen-printed meshes. The demand for screen printing in the packaging industry is very high, with about 9% of labels printed worldwide being screen printed. Therefore, the performance of the textile and packaging industry in geography shows the growth of the screen-printed mesh market in that geography.
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APEJ expected to dominate the global screen printing mesh market
The APEJ region is expected to have the highest growth rate in the packaging market and the highest market share in the current market scenario. Demand for print textiles is also the highest in the APEJ region. In addition, the less organized packaging and textile industry in the APEJ region prefers the most economical solutions for manufacturing and printing, and polyester screen printing mesh is very cost effective.
Therefore, screen printing is much preferred over other technologies, leading to high demand for screen printing meshes. In addition, the adoption of digital and other advanced printing technologies is low in the APEJ region compared to the developed countries of North America and Western Europe. As a result, the impact of introducing digital printing on the screen printing mesh market in the APEJ region has been relatively small.
Increasing demand for digital printing textiles impacting the Western European screen printing mesh market
Digital printing is growing rapidly in Western Europe due to its advantages over traditional screen printing, negatively impacting the demand for screen printing mesh. Importantly, the large packaging industry in Western Europe is maturing and is expected to grow at a sluggish pace. In addition, the Western European packaging industry has shown high adaptability to advanced printing technologies. Europe is the world’s largest importer and exporter of screen-printed mesh, but demand for screen-printed mesh by the packaging industry in the Western Europe region is projected to be sluggish.
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Romania is estimated to be the largest exporter of screen-printed mesh
Along with Russia and Poland, Romania is a major contributor to the screen printing mesh market in Eastern Europe. Romania is the third largest exporter in the world’s screen printing mesh industry in terms of value and quantity, and the world’s largest net exporter in terms of value. With the gradual development of Eastern European manufacturing, the demand for screen printing and screen printing mesh is expected to increase.
Global screen printing mesh market size is expected to grow 1.6 times over the forecast period 2022-2028
A detailed profile of the company is also included in the report, assessing the company’s strategy, key product offerings, and recent developments. The major players in the global screen printing mesh market are Haver & Boecker OHG, NBC Meshtec Inc., Separ AG, Nippon Tokushu Fabric, Inc., Maishi Wire Mesh Mfg. , Asada Mesh Co., Ltd., Weisse & Eschrich GmbH & Co. KG, Saati SpA, Nakanuma Art Screen Co., Ltd, and Extris Srl.
The Global Screen Printing Mesh Market Report described individual strategies and subsequent corporate development in terms of product portfolios, new marketing methods, and mergers and acquisitions. The Competitive Landscape section is included to provide the report audience with a dashboard view and company sharing together.
The key manufacturers operating in screen printing mesh market are focusing on increasing their production capacity to meet the increasing demand for screen printing mesh. Moreover, the key players are increasing their product portfolio to cater for the growing screen printing mesh market.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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The post Screen Printing Mesh Market Demand & Growth By Packaging, Textile, Glass & Ceramics, Electronics, and Other Firms appeared first on Future Market Insights.
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