Year | Value |
---|---|
2024 | USD 0.67 Billion |
2032 | USD 1.0 Billion |
CAGR (2024-2032) | 5.18 % |
Note โ Market size depicts the revenue generated over the financial year
The screen-printing glass market is expected to grow significantly, with a current market size of $ 67 million in 2024, expected to reach $ 1 billion by 2032. The average annual growth rate (CAGR) during this period is 5.18 %. The main reason for this growth is the growing demand for individualized glass products in various industries, such as automobiles, architecture, and consumer electronics. The digital screen-printing process and the use of environmentally friendly inks have also been developed, which can also enhance the quality and efficiency of production. The key companies in the screen-printing glass market, such as Vitro Architectural Glass and Saint-Gobain, are actively investing in new products and technological developments to enhance their product offerings and market positions. A recent collaboration to develop sustainable screen-printing solutions reflects the industry's shift towards sustainable practices. These strategic moves will have a significant impact on the future development of the industry and the market.
Regional Market Size
The screen-printing glass market is growing at a fast pace across the world, mainly driven by the growing demand from industries such as automobile, consumer electronics, and architecture. In North America, the market is characterized by the strong presence of established players and a growing trend toward customisation and eco-friendly products. Europe is characterized by a strict regulatory framework that favours sustainable practices. Asia-Pacific is rapidly emerging as a manufacturing hub, mainly because of the cost advantages and a rapidly growing middle class. Middle East and Africa are experiencing a rise in construction activity, which is boosting the market. Latin America is gradually adopting screen-printing technology, which is influenced by local artistic trends and cultural expressions.
โScreen-printed glass can reduce energy consumption in buildings by up to 30% due to its ability to control light and heat.โ โ International Energy Agency (IEA)
Screen-printed glass is a market that is undergoing a period of strong growth, driven by an increase in demand from various industries, including the automobile, the electrical and electronics industries, and the architectural industry. Among the factors driving this market are the rising demand for bespoke glass products, and the improvements in screen-printing technology that have improved the design capabilities and the efficiency of the process. Also, regulations promoting the use of energy-saving materials are promoting the use of screen-printed glass. In the market as a whole, Saint-Gobain and Guardian are in a position to make the most of the opportunities presented by the latest technological developments. These developments are mainly in the areas of decorative glass for interior design, and of glass for displays and of safety glass for automobiles. As manufacturers seek to reduce their carbon footprint, they are taking advantage of the growing trend towards the use of eco-friendly materials. The use of digital printing and the use of UV inks is enabling more complex designs to be made and the process to be carried out faster.
The glass screen-printing industry will be a significant market from 2024 to 2032, with a market value of 0.67 billion to 1 billion, a compound annual growth rate of 5.18%. The glass screen-printing industry is mainly driven by the increasing demand from many industries, such as the automotive industry, the electronics industry and the architectural industry. Screen-printed glass is favored for its unique appearance and its high value. Customization and brand building have become the industry's favorite, and the use of screen-printed glass is expected to be further expanded in the future, with a potential penetration rate of up to 20-25% in some industries. Moreover, the glass screen-printing industry will also benefit from the development of related industries, such as the development of environmentally friendly inks and the improvement of printing techniques. These developments will not only improve the quality and longevity of printed designs, but also meet the requirements of the current industry for green and environmentally friendly products. Moreover, as smart glass technology is developed, such as touch-sensitive glass and energy-saving glass, the industry will have a great opportunity to take advantage of smart glass and become an important component in the smart building and smart device industry. The glass screen-printing industry is expected to continue to develop in the future, and the industry must adapt to the development of technology and the needs of the market.
Covered Aspects:Report Attribute/Metric | Details |
---|---|
Market Size Value In 2023 | USD 0.63 Billion |
Growth Rate | 5.18% (2024-2032) |
ยฉ 2025 Market Research Future ยฎ (Part of WantStats Reasearch And Media Pvt. Ltd.)