Rotogravure Printing Ink Global Market Report 2024

The global rotogravure printing ink market has grown strongly in recent years. It will grow from $4.42 billion in 2023 to $4.72 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. During the historic period, the growth in rotogravure printing can be attributed to various factors, including the expansion of the packaging industry, heightened demands for enhanced print quality, the rising popularity of flexible packaging solutions, growth in publication printing, advancements in ink formulations to meet evolving needs, and a preference for high-volume printing.

The global rotogravure printing ink market is expected to see strong growth in the next few years. It will grow to $6.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth in the forecast period is expected to result from several factors, including the globalization of consumer goods markets, the dominance of flexible packaging solutions, increased demand for pharmaceutical packaging, evolving consumer preferences, and the ongoing digital transformation within the printing industry. Key trends projected for the forecast period encompass the rising prominence of digital printing technologies, continuous technological advancements in printing equipment, a focus on fast-drying inks for improved efficiency, innovation in specialty inks catering to specific needs, the adoption of renewable and bio-based materials in response to sustainability demands, and a heightened emphasis on achieving high-quality printing standards.

The increasing demand for food packaging is anticipated to drive the growth of the rotogravure printing ink market in the coming years. The emphasis on safe food packaging has led to the creation and utilization of printing ink materials that meet acceptable standards. Rising consumer awareness and expectations regarding environmental concerns further contribute to the demand for high-quality rotogravure printing inks in food packaging applications. These inks are known for their durability, cost-effectiveness, and high quality. As an illustration, the Indian Institute of Packaging (IIP) reported a significant increase in packaging consumption in India in 2021, rising from 4.3 kg per person per annum (pppa) to 8.6 kg pppa, marking a 200 percent increase. The e-commerce retail packaging sector has also experienced substantial growth, with 65 million monthly unique visitors, representing a 55 percent year-on-year increase. Consequently, the surge in the demand for food packaging is a key driver for the rotogravure printing ink market.

The growth of the e-commerce industry is poised to contribute to the expansion of the rotogravure printing ink market. E-commerce, involving online buying and selling of goods and services, relies on high-resolution printable images for effective packaging. Rotogravure printing inks play a crucial role in this context, capable of producing up to 14 meters of film per second, ensuring a quick and efficient printing process. In September 2022, consumer e-commerce accounted for 30% of the UK's overall retail sector, with an annual revenue exceeding $120 billion, as reported by the International Trade Administration. This substantial presence of e-commerce underscores its impact on driving the growth of the rotogravure printing ink market.

Technological advancement emerges as a prominent trend in the rotogravure printing ink market, with major companies actively developing innovative solutions to enhance their market positions. In September 2021, Flint Group US LLC, a US-based company, introduced ONECode Universal Bases in Europe as part of its ONECode solvent-based ink and coating range for flexible packaging. These Universal Bases are designed to offer ultimate print flexibility and efficiency in the gravure print process. The ONECode range aims to simplify the flexible packaging printing process, enhance print quality, and simultaneously reduce ink consumption and waste. This commitment to technological innovation reflects the industry's pursuit of efficiency and sustainability in rotogravure printing ink applications.

Major players in the rotogravure printing ink market are intensifying their focus on the introduction of innovative inks as a strategic approach to gain a competitive advantage. Innovative inks encompass advanced formulations of printing inks that incorporate novel technologies, materials, or features to deliver enhanced performance. A notable example is Siegwerk Druckfarben AG & Co. KGaA, a Germany-based company, which in May 2022, launched the innovative NC ink series specifically designed for gravure and flexo printing on various flexible packaging materials. These inks are engineered to meet the industry's performance and sustainability criteria, representing Siegwerk's latest generation of NC inks produced at their state-of-the-art manufacturing facility. This ensures uniform quality and precise color reproduction, showcasing the company's commitment to pushing the boundaries of ink technology.

In a strategic move in April 2022, Siemens Druckfarben AG & Co. KGaA, another Germany-based company, acquired La Sorgente Spafor for an undisclosed amount. Through this acquisition, Siegwerk Druckfarben AG & Co. KGaA expanded its packaging printer portfolio and solidified its presence in the Italian market. La Sorgente Spafor, based in Italy, specializes in manufacturing printing and writing inks. This acquisition reflects Siegwerk's strategic efforts to enhance its product offerings and strengthen its market position, leveraging the expertise and capabilities of La Sorgente Spafor in the ink manufacturing sector.

Major companies operating in the rotogravure printing ink market report are DIC Corporation, Flint Group, Fujifilm Sericol India Private Limited, Hubergroup Deutschland GmbH, Yansefu Inks and Coatings Pvt. Ltd., Royal Dutch Printing Ink Factories Van Son B.V., Sakata Inx Corporation, Siegwerk Druckfarben AG And Co. KGaA, Sun Chemical Corporation, T&K Toka Co. Ltd., Tokyo Printing Ink Manufacturing Co. Ltd., Toyo Ink SC Holdings Co Ltd., Wikoff Color Corporation, Mitsu Inks Pvt. Ltd., Chemicoat Co Ltd., Worldtex Speciality Chemicals Pvt. Ltd., VirBandhu Industries, Technocrafts India Pvt. Ltd., Shivasakhti Printing Inc., Macmixu Coating And Chemicals Private Limited, INX International Ink Co., SICPA Holding SA, Marabu GmbH & Co. KG, Nutec Digital Ink LLC, BASF SE, Clariant AG, Nippon Paint Holdings Co. Ltd., DuPont de Nemours Inc., Dow Inc., Seiko Epson America corp.

Asia-Pacific was the largest region in the rotogravure printing ink market in 2023. The regions covered in the rotogravure printing ink market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the rotogravure printing ink market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary types of rotogravure printing ink include nitrocellulose, polyamide, polyurethane, and acrylic variants. Nitrocellulose serves as a resinous film-forming component in flexographic, gravure, and screen-printing inks and lacquers. These inks encompass technologies such as solvent-based and water-based systems, utilized across packaging, publication, product, and promotional applications.

This report provides rotogravure printing ink market statistics, including rotogravure printing ink industry global market size, regional shares, competitors with rotogravure printing ink market share, detailed rotogravure printing ink market segments, market trends and opportunities, and any further data you may need to thrive in the rotogravure printing ink industry. This rotogravure printing ink market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The rotogravure printing ink market consists of sales of rotogravure printing inks that are used for flexible packaging, commercial printing, and publishing. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.