The global market for Gravure Printing was estimated at US$4.3 Billion in 2023 and is projected to reach US$6.0 Billion by 2030, growing at a CAGR of 4.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Why Is Gravure Printing Gaining Renewed Importance in Modern Packaging and Publishing?
Gravure printing, known for its high-quality, consistent output, is gaining renewed importance in the modern packaging and publishing industries due to its ability to produce sharp, detailed images at high speeds. This printing technique, which uses an engraved cylinder to transfer ink onto various substrates, is particularly valued for long print runs, making it ideal for large-scale production of packaging, magazines, and catalogs. Despite the rise of digital printing, gravure continues to hold a significant market share, especially where precision and color consistency are paramount. Packaging companies, in particular, are turning to gravure printing for the production of flexible packaging materials such as plastic films, labels, and laminates, where detailed graphics and vibrant colors are crucial for brand differentiation. Its ability to print on a variety of materials - ranging from paper to metallic films - makes gravure a versatile option for companies seeking high-quality, durable packaging solutions. Additionally, in the publishing sector, gravure printing is often the preferred method for printing large volumes of high-quality magazines and catalogs, where its fine resolution ensures clear text and vivid images that appeal to both advertisers and readers.How Are Technological Advancements Impacting Gravure Printing Efficiency?
Technological advancements are dramatically improving the efficiency, precision, and cost-effectiveness of gravure printing, helping it stay competitive in an industry increasingly dominated by digital methods. One of the most significant developments is the automation of cylinder engraving processes, which has shortened setup times and reduced production costs. Modern gravure cylinders are now engraved using lasers or direct-to-cylinder imaging, which enhances the precision of image transfer and allows for faster production cycles. Additionally, these advancements enable more accurate reproduction of complex designs, ensuring that even intricate details and gradients are printed with high clarity and uniformity across long runs. The introduction of faster-drying, environmentally friendly inks is another technological leap that has bolstered gravure's appeal. These inks, often water-based, are designed to reduce volatile organic compound (VOC) emissions while improving print speed and reducing the overall environmental impact of the process. Innovations in substrate handling have also allowed gravure to print on an expanded range of materials, from biodegradable plastics to specialized metallic foils, broadening its use across various sectors, particularly in sustainable packaging. Furthermore, advanced quality control systems integrated into modern gravure presses can now automatically detect and correct misalignments or inconsistencies in real time, further improving the reliability and efficiency of this traditional printing technique.Where Is Gravure Printing Seeing Increased Adoption and Use?
Gravure printing is seeing increased adoption in industries where large-scale, high-quality print production is essential, particularly in packaging, publishing, and specialty printing sectors. In the packaging industry, gravure is extensively used for creating flexible packaging materials for food, beverages, cosmetics, and pharmaceuticals. The ability of gravure to produce vivid colors, fine detail, and consistent print quality on plastic films, paper, and other materials makes it the preferred method for brands looking to enhance their packaging appeal on store shelves. Additionally, the durability of gravure prints - able to withstand moisture, heat, and various environmental factors - ensures that packaging remains intact and visually appealing throughout the product's lifecycle. In the publishing sector, gravure printing continues to be a popular choice for high-volume magazines, catalogs, and brochures, where maintaining uniformity in image quality and color across thousands or millions of copies is crucial. Publishers of glossy magazines and advertising-heavy catalogs rely on gravure for its ability to deliver sharp images and smooth gradients that are difficult to achieve with other printing methods. Gravure is also gaining traction in specialty markets, such as decorative printing for wallpaper and laminates, where its ability to handle large-format printing and produce complex, detailed designs sets it apart from other printing techniques. The combination of gravure's reliability for long print runs and its adaptability to different materials has led to its continued growth in various industries that demand high-quality and visually striking prints.What Are the Factors Driving the Expansion of the Gravure Printing Market?
The growth in the gravure printing market is driven by several key factors, including increasing demand for high-quality, durable packaging, advancements in printing technology, and the expanding global need for mass-produced, visually striking printed materials. One of the primary drivers is the growing focus on premium packaging across industries such as food, beverages, cosmetics, and luxury goods. As brands seek to differentiate themselves in competitive markets, gravure printing's ability to produce sharp, vibrant, and detailed graphics on a wide range of substrates, including plastic films and metallic foils, makes it a go-to solution for high-end packaging. This is particularly important in sectors where packaging is often the first point of consumer interaction with the product, and gravure allows for the creation of eye-catching, durable packaging that stands out on retail shelves. Advancements are also significantly contributing to the growth of the gravure printing market. Improvements in automation, cylinder engraving, and ink formulations have made the gravure process more efficient and cost-effective, making it accessible to a broader range of industries. The development of eco-friendly, fast-drying inks has also increased gravure's appeal in a world where sustainability and environmental impact are becoming critical concerns. These innovations have not only reduced production costs but also minimized waste and emissions, aligning gravure printing with global sustainability goals. Another major factor driving market growth is the continued demand for high-volume printing in publishing and advertising. Gravure printing's unmatched ability to produce consistent, high-quality prints across long runs makes it the preferred method for producing magazines, catalogs, and brochures that require uniform image quality. Furthermore, the versatility of gravure, which allows for printing on various materials beyond paper, including textiles and laminates, is expanding its use in industries such as interior design and specialty printing. As brands and publishers seek to deliver premium products with consistent quality and aesthetic appeal, gravure printing remains a vital tool, and these combined factors are driving its sustained growth in the global market.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Solvent-based Gravure Printing segment, which is expected to reach US$2.4 Billion by 2030 with a CAGR of a 4.3%. The Water-based Gravure Printing segment is also set to grow at 5.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was valued at $1.1 Billion in 2023, and China, forecasted to grow at an impressive 7.0% CAGR to reach $1.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Gravure Printing Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Gravure Printing Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Gravure Printing Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ALTANA, Dainichiseika Color & Chemicals, Flint Group, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 36 Featured):
- ALTANA
- Dainichiseika Color & Chemicals
- Flint Group
- Fujifilm Sericol
- Huber Group
- Lawter
- Royal Dutch Printing Ink Factories Van Son
- Sakata INX
- SICPA Holding
- Siegwerk
- Sun Chemical
- T&K TOKA
- Tokyo Printing Ink
- Toyo Ink SC Holdings
- Wikoff Color
- Yansefu Inks and Coatings
- Zeller+Gmelin
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- ALTANA
- Dainichiseika Color & Chemicals
- Flint Group
- Fujifilm Sericol
- Huber Group
- Lawter
- Royal Dutch Printing Ink Factories Van Son
- Sakata INX
- SICPA Holding
- Siegwerk
- Sun Chemical
- T&K TOKA
- Tokyo Printing Ink
- Toyo Ink SC Holdings
- Wikoff Color
- Yansefu Inks and Coatings
- Zeller+Gmelin
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 4.3 Billion |
Forecasted Market Value ( USD | $ 6 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 17 |