Screen Print Label Market Forecasts to 2030 - Global Analysis By Type, Material Type, Printing Technology, Application, End User and By Geography

According to Stratistics MRC, the Global Screen Print Label Market is growing at a CAGR of 4.12% during the forecast period. Screen print labels are graphic designs or information printed onto various substrates using the screen printing process. This method involves transferring ink through a mesh screen onto the substrate, creating vibrant, durable labels. Screen print labels offer advantages such as high colour opacity, precise colour matching, and suitability for a wide range of materials, including paper, plastic, and metal. They are commonly used in industries like packaging, cosmetics, pharmaceuticals, and consumer goods for branding, product identification, and regulatory compliance.

According to the Federation of Indian Chambers of Commerce & Industry (FICCI), the expenditure on packaged foods is increasing (at an inflection point) due to increased per capita income, urbanization, and working hours for women.

Market Dynamics:

Driver:

Growing packaging industry

As packaging plays a crucial role in product presentation, protection, and branding, the expanding packaging sector creates a parallel demand for labels, including screen print labels. They provide vibrant and durable labeling solutions that can withstand various environmental conditions, ensuring that products maintain their appeal throughout the supply chain and on the retail shelf. Overall, the growing packaging industry serves as a catalyst for the expansion of the screen print label market.

Restraint:

High initial setup costs

The process of preparing screens incurs expenses related to equipment, materials, and labor, making it relatively costly, particularly for small-scale or custom print jobs. Additionally, the need for separate screens for each colour adds complexity and time to the setup process, further increasing costs and potentially lengthening lead times. The cost implications may deter potential customers from choosing screen printing for their labeling needs, which limits market expansion.

Opportunity:

Technological advancements

Modern screen printing presses feature innovations such as automated registration systems, advanced drying mechanisms, and computerized controls, which streamline production processes and improve print quality. These advancements result in increased productivity, reduced waste, and higher precision, ultimately benefiting both label manufacturers and their customers. Furthermore, technological innovations in ink formulations and colour management systems have expanded the capabilities of screen printing. Therefore, technological advancements continue to drive innovation and efficiency in the screen print label market.

Threat:

Availability of substitute products

Alternative labeling solutions such as digital printing, direct-to-container printing and flexible packaging options offer competitive advantages that challenge the traditional dominance of screen-printed labels. Direct-to-container printing and shrink sleeves offer seamless integration with packaging, enabling 360-degree branding and eye-catching designs that may surpass the capabilities of screen-printed labels. As a result, the growing availability and adoption of these substitute products present a formidable challenge to the screen print label market.

Covid-19 Impact

The COVID-19 pandemic had a significant impact on the screen print label market. Initially, the pandemic disrupted global supply chains, causing delays in the procurement of raw materials, inks, and equipment necessary for screen printing operations. Furthermore, widespread lockdown measures and social distancing protocols resulted in reduced demand for non-essential goods, affecting the consumption patterns of various industries that rely on screen-printed labels, such as cosmetics, automotive, and retail.

The shrink sleeves label segment is expected to be the largest during the forecast period

The shrink sleeves label segment is estimated to hold the largest share. These labels are made from flexible plastic materials such as PVC, PETG, or OPS, which are printed with the desired graphics, text, and branding using screen printing technology. They provide excellent resistance to moisture, abrasion, and fading, ensuring that the labels remain vibrant and intact throughout the product's lifecycle. Additionally, shrink sleeves offer tamper-evident properties, enhancing product security and consumer confidence. Overall, shrink sleeves represent a versatile and effective labeling solution in the screen print label market.

The packaging labeling segment is expected to have the highest CAGR during the forecast period

The packaging labeling segment is anticipated to have lucrative growth during the forecast period. Packaging labeling encompasses the design, printing, and application of labels onto packaging materials such as bottles, boxes, jars, and containers. Screen print labels are widely utilized in packaging labeling due to their versatility, durability, and aesthetic appeal. Additionally, these labels can be customized to feature vibrant colors, intricate designs, and specialty finishes, enabling brands to effectively communicate key information and enhance brand recognition on their products.

Region with largest share:

North America commanded the largest market share during the extrapolated period. With a robust manufacturing sector, a diverse consumer base, and a strong emphasis on branding and product presentation, North America represents a significant market for screen-printed labels across various industries. The region's vibrant packaging industry, driven by sectors such as food and beverage, pharmaceuticals, cosmetics, and household goods, fuels the demand for high-quality labeling solutions.

Region with highest CAGR:

Asia Pacific is expected to witness profitable growth over the projection period, owing to the expanding consumer markets and increasing urbanization. The region's diverse range of industries, including food and beverage, cosmetics, pharmaceuticals, electronics, and automotive, rely heavily on effective labeling solutions to enhance product visibility, brand recognition, and consumer appeal. Furthermore, rapid technological advancements in printing machinery, inks, and substrates have propelled the growth of the screen print label market in Asia Pacific.

Key players in the market

Some of the key players in the Screen Print Label Market include 3M Company, Mondi PLC, Ahlstrom-Munksjo Oyj, Fort Dearborn Company, CCL Industries Inc., Autajon Group, Constantia Flexibles Group GmbH and Coveris Inc.

Key Developments:

In June 2023, CCL Industries Inc. a world leader in specialty label, security and packaging solutions announced it has signed a binding agreement to acquire Pouch Partners s.r.l., Italy, from Pouch Partners AG, Switzerland, a company owned by Swiss headquartered Capri-Sun Group.

In March 2023, 3M announced collaboration with Guardhat, an industry-leading connected safety software company. Given the importance of connectivity as a key ingredient in safety programs, 3M is transferring its Safety Inspection Management (SIM) software to Guardhat.

In January 2020, Mondi has partnered with Unilever to develop a new packaging solution and encourage the circular economy. As part of the partnership, Mondi Turkish flexible packaging plant in Kalenobel produced recyclable polypropylene (PP) mono-material solution for Unilever's Knorr dry soup powder range.

Types Covered:

• Linerless Label
• Wet-Glued Label
• Shrink Sleeves Label
• Self Adhesive Labels
• Other Types

Material Types Covered:

• Paper
• Fabric
• Plastic
• Metal
• Other Material Types

Printing Technologies Covered:

• Rotary Screen Printing
• Hybrid Screen Printing
• Flatbed Screen Printing
• Digital Screen Printing

Applications Covered:

• Packaging Labeling
• Industrial Labeling
• Product Labeling
• Security Labeling
• Other Applications

End Users Covered:

• Pharmaceuticals
• Automotive
• Electronics
• Food and Beverage
• Cosmetics and Personal Care
• Manufacturing
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances