"Increasing Adoption of custom screen printing Globally to Ensure Rapid Growth for Custom Screen Printing Market"
Globally, the custom screen printing market is expected to grow with a CAGR of more than 5.9% during the forecast period from 2021 to 2029, starting from US$ 24.86 Bn in 2020.
At present, screen printing is commonly used to transfer color and design to clothing. The custom screen printing market is expected to witness the enhanced growth with the high use of screen printing in the custom T-shirt printing. The changing consumer's lifestyle and the rising consumer's inclination towards the fashionable apparels are driving the growth of custom screen printing market. Additionally, the growing use of custom t-shirts in brand awareness is augmenting the growth custom t-shirt market.
The acceptance of the screen printed t-shirts as the augmented marketing strategy is boosting the growth of custom screen printing market. On the other hand, the availability of the other substitutes such as digital printing technology is expected to restrain market growth. The cost-effective and the eco-friendly benefits offered by screen printing is anticipated to fuel the growth of custom screen printing market over the forecast period. Moreover, the ongoing developments in the printing technologies and introduction of E-commerce platform are projected to serve various opportunities for the market in upcoming years.
"Textile application segment continue to dominate the custom printing market"
In 2020, on the basis of application, textile applications hold the largest market shares in the overall screening printing market applications. The versatility, scalability and the Customizable functionality offered by the screening printing over the other printing technology promotes its adoption in the textile applications. Additionally, the trending use of clothing in the branding or marketing is contributing to the growth of textile application in the custom screening orienting market. Furthermore, based on the Substrates, the market for custom screen printing is categorized into Paper, Plastic, Cotton, Glass, and metals. The paper and the cotton substrate holds the significant market share owing to its cost-effective and eco-friendly printing.
"North America Dominates the Market by Region"
Among the geographies, North America holds the largest market share in the custom screening printing market followed by Europe. The trending use of screen-printing in the textile industry to marking and advertising is rapidly driving the growth of custom screen printing market. The U.S. dominates the overall North America custom screen printing market. Additionally, the presence of major players in this region are majorly contributing in the growth of custom printing market in North America. Furthermore, Asia Pacific is the fastest-growing region in the custom printing market owing to the rising disposable income, rapidly changing lifestyles and growing use of custom printing in the electronic circuit boards.
Some of the prominent players operating in the custom screening printing market include Printful, CafePress, Inc., CustomInk, LLC, Vistaprint Ltd., Printaholic.com, Touch & Print Pte. Ltd, Thai T-Shirt Factory (TTF), Butter Prints, TMaker, Custom Thread, Gecko, JollyPrints and among others.
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Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Custom Screen Printing market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Billion |
Segmentation | |
Substrates
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Application
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Region Segment (2022-2032; US$ Billion)
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Key questions answered in this report