Global Screen Printing Machine Market Overview, 2024-29

Market Dynamic

Market Drivers • Growing Demand for Customization: The global screen-printing machine market is driven by the increasing demand for customized and personalized products across various sectors, including textiles, packaging, and promotional items. Businesses seek to differentiate themselves, leading to higher production of unique designs and graphics. As companies expand their offerings to cater to individual customer preferences, the demand for advanced screen-printing technologies that can efficiently produce high-quality, customized prints continues to rise. • Technological Advancements: Innovations in screen-printing technologies, such as automatic and digital hybrid systems, are significantly driving market growth. These advancements improve printing speed, precision, and versatility, allowing manufacturers to achieve better print quality and reduce operational costs. The integration of automation and software solutions enhances productivity and reduces waste, making screen-printing a more attractive option for businesses looking to optimize their printing processes. Market Challenges • Environmental Regulations: The screen-printing industry faces increasing scrutiny due to environmental concerns, particularly regarding the use of solvents and inks that may contain harmful chemicals. Stringent regulations aimed at reducing emissions and promoting sustainable practices pose a challenge for manufacturers. Compliance with these regulations often requires investments in eco-friendly materials and technologies, which can increase production costs and impact profitability. • Competition from Digital Printing: The rise of digital printing technologies presents a significant challenge to the screen-printing market. Digital printing offers advantages such as faster turnaround times, lower setup costs for short runs, and the ability to produce intricate designs without the need for screens. As businesses prioritize flexibility and efficiency, the shift towards digital solutions can impact the demand for traditional screen-printing machines, compelling manufacturers to innovate and adapt to changing market dynamics. Market Trends • Integration of Automation: The trend towards automation in screen printing is gaining momentum, with manufacturers increasingly adopting automated screen-printing machines to enhance efficiency and reduce labor costs. These machines streamline production processes by incorporating features such as automatic screen registration, ink dispensing, and drying systems. This trend allows companies to scale operations and respond quickly to changing market demands while maintaining high-quality output. • Sustainability Focus: There is a growing trend towards sustainability in the screen-printing industry, driven by consumer demand for eco-friendly products. Companies are increasingly using water-based inks, biodegradable materials, and energy-efficient processes to minimize their environmental impact. This shift towards sustainability not only helps in meeting regulatory requirements but also enhances brand reputation and attracts environmentally conscious customers. As sustainability becomes a key factor in purchasing decisions, manufacturers are prioritizing eco-friendly practices to stay competitive.

Key Development

• 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. 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. • 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. • In December 2023, Fujifilm Integrated Inkjet Solutions launched the 46kUV Inkjet Printbar System, a comprehensive print solution tailored for industrial production settings, allowing printing on diverse labels and packaging materials. The system is engineered with a drop-on-demand design, which achieves printing speeds of up to 500 feet per minute, enhancing workflow efficiency. The system is capable of meeting a broad range of label quality standards. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Screen printing machine market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Applications • Electronics Printing • Packaging Printing • Commercial Printing • Crafts Printing • Textile Printing • Others By Types • Manual Screen Printing Machine • Automatic Screen Printing Machine The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Screen printing machine industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.