
Published On: Feb 2024
Published On: Feb 2024
At 3.4% CAGR, the Europe Screen Printing Mesh Market is projected to be worth US$ 204.92 million by 2030, says Business Market Insights
According to Business Market Insights' research, the Europe screen printing mesh market was valued at US$ 156.74 in 2022 and is expected to reach US$ 204.92 million by 2030, registering a CAGR of 3.4% from 2022 to 2030. Rising popularity of promotional products is among the critical factors attributed to the Europe screen printing mesh market expansion.
Promotional products are becoming increasingly popular as businesses seek cost-effective ways to promote their brand. Screen printing mesh is a key component in creating high-quality and eye-catching promotional items. Many businesses and organizations use custom-printed items, such as t-shirts, bags, and hats, to promote their brand or message. Screen printing mesh allows for high-quality and cost-effective printing of these promotional products in bulk quantities. As more companies turn to promotional products as a marketing strategy, the demand for screen printing mesh will continue to increase. Additionally, the ability to print on various materials, including metal, plastic, and glass, further expands the potential applications of screen-printing mesh in the promotional products industry. Furthermore, clients in a variety of sectors, including hospitality, logistics, construction, industrial and medical, are increasingly providing custom accessories such as bags, caps, mugs, pens, etc. as a marketing strategy to their employees and customers. Custom printed accessories are considered as one of the most effective marketing strategies, and most of the brands use custom printed accessories such as T-shirts, and bags for either their brand recognition or promotion. According to a survey, 85% of people remember the advertisers of the promotional products they receive and 87% of people keep them for at least a year. According to PWC, the global advertising revenue has crossed over US$ 700 billion and is expected to reach approximated US$ 1,100-1,200 billion by 2030, registering the CAGR of around 4-5%. Thus, the rising popularity of promotional products is driving the Europe screen printing mesh market growth.
On the contrary, transition toward digital printing hampers the growth Europe screen printing mesh market.
Based on product type, the Europe screen printing mesh market is bifurcated into regular and dyed. The dyed segment held 50.4% share of the Europe screen printing mesh market in 2022, amassing US$ 78.93 million. It is projected to garner US$ 106.93 million by 2030 to expand at 3.9% CAGR during 2022-2030.
Based on material, the Europe screen printing mesh market is segmented into polyester, nylon, tungsten, stainless steel, and others. The polyester segment held 38.3% share of the Europe screen printing mesh market in 2022, amassing US$ 60.00 million. It is projected to garner US$ 82.01 million by 2030 to expand at 4.0% CAGR during 2022-2030.
Based on application, the Europe screen printing mesh market is segmented into textiles, electronics & electricals (circuit boards, solar panels, displays, and others), glass & ceramics, and others. The textiles segment held 40.6% share of Europe screen printing mesh market in 2022, amassing US$ 63.60 million. It is projected to garner US$ 84.13 million by 2030 to expand at 3.6% CAGR during 2022-2030.
Based on country, the Europe screen printing mesh market is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany held 20.5% share of Europe screen printing mesh market in 2022, amassing US$ 32.08 million. It is projected to garner US$ 46.49 million by 2030 to expand at 4.7% CAGR during 2022-2030.
Key players operating in the Europe screen printing mesh market are Sefar AG, Saati SpA, HAVER & BOECKER, Weisse & Eschich GmbH & Co KG, and NBC Meshtec Inc, among others.
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