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The Gravure Printing Market grew from USD 4.42 billion in 2023 to USD 4.63 billion in 2024. It is expected to continue growing at a CAGR of 5.32%, reaching USD 6.35 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Gravure printing, also known as rotogravure, is a high-quality printing process that involves engraving the image onto a cylinder, allowing for efficient and mass production printing; it is particularly effective for long print runs like magazine printing, packaging, wallpaper, and gift wrap. The necessity of gravure printing lies in its ability to produce consistent, high-quality images with rich and vibrant detail, which is essential in packaging, advertising, and decorative industries. The key application areas span several sectors, including flexible packaging for food and beverages, tobacco packaging, and print media. The end-use scope highlights its wide-ranging utility in packaging, advertising, and publishing sectors, emphasizing an advantageous position in areas requiring high-volume and high-quality prints.
Key growth influences include the increasing demand for sustainable and recyclable packaging, driving gravure's growth in flexible packaging sectors owing to its efficiency and low waste production. Regional demands, particularly in emerging markets in Asia-Pacific due to economic growth and expanding consumer markets, also serve as significant growth catalysts. Potential opportunities lie in technological advancements, such as digital gravure printing technologies that enhance flexibility, cost-effectiveness, and customization. Companies can capitalize on these opportunities by investing in technological upgrades, adopting eco-friendly printing inks, and emphasizing recyclable materials, which align with the global sustainability movement.
However, restraining factors include the high initial setup cost and limited cost-effectiveness for short print runs, leading to competitive pressure from digital printing technologies which excel in short-run versatility. Innovations focusing on reducing setup times, improving sustainability of materials, and increasing the automation in printing processes are promising areas for business growth. Market insights reveal that the gravure printing market is competitive but offers immense growth possibilities through product differentiation and technological integration. Navigating challenges primarily involves managing costs and focusing on sustainable advancements to align with evolving consumer demands.
Understanding Market Dynamics in the Gravure Printing Market
The Gravure Printing Market is rapidly evolving, shaped by dynamic supply and demand trends. These insights provide companies with actionable intelligence to drive investments, develop strategies, and seize emerging opportunities. A comprehensive understanding of market dynamics also helps organizations mitigate political, geographical, technical, social, and economic risks while offering a clearer view of consumer behavior and its effects on manufacturing costs and purchasing decisions.- Market Drivers
- Proliferating use of gravure printing in the flexible packaging
- Rising demand for gravure printing machines in the e-commerce sector
- Substantial adoption owing to favorable properties of gravure printing
- Market Restraints
- Associated high cost of gravure printing machine
- Market Opportunities
- Integration of advanced technologies in gravure printing
- Emergence of smart packaging in multiple verticals
- Market Challenges
- High preference for flexo printing over gravure printing
Exploring Porter’s Five Forces for the Gravure Printing Market
Porter’s Five Forces framework further strengthens the insights of the Gravure Printing Market, delivering a clear and effective methodology for understanding the competitive landscape. This tool enables companies to evaluate their current competitive standing and explore strategic repositioning by assessing businesses’ power dynamics and market positioning. It is also instrumental in determining the profitability of new ventures, helping companies leverage their strengths, address weaknesses, and avoid potential pitfalls.Applying PESTLE Analysis to the Gravure Printing Market
External macro-environmental factors deeply influence the performance of the Gravure Printing Market, and the PESTLE analysis provides a comprehensive framework for understanding these influences. By examining Political, Economic, Social, Technological, Legal, and Environmental elements, this analysis offers organizations critical insights into potential opportunities and risks. It also helps businesses anticipate changes in regulations, consumer behavior, and economic trends, enabling them to make informed, forward-looking decisions.Analyzing Market Share in the Gravure Printing Market
The Gravure Printing Market share analysis evaluates vendor performance. This analysis provides a clear view of each vendor’s standing in the competitive landscape by comparing key metrics such as revenue, customer base, and other critical factors. Additionally, it highlights market concentration, fragmentation, and trends in consolidation, empowering vendors to make strategic decisions that enhance their market position.Evaluating Vendor Success with the FPNV Positioning Matrix in the Gravure Printing Market
The Gravure Printing Market FPNV Positioning Matrix is crucial in evaluating vendors based on business strategy and product satisfaction levels. By segmenting vendors into four quadrants - Forefront (F), Pathfinder (P), Niche (N), and Vital (V) - this matrix helps users make well-informed decisions that best align with their unique needs and objectives in the market.Strategic Recommendations for Success in the Gravure Printing Market
The Gravure Printing Market strategic analysis is essential for organizations aiming to strengthen their position in the global market. A comprehensive review of resources, capabilities, and performance helps businesses identify opportunities for improvement and growth. This approach empowers companies to navigate challenges in the increasingly competitive landscape, ensuring they capitalize on new opportunities and align with long-term success.Key Company Profiles
The report delves into recent significant developments in the Gravure Printing Market, highlighting leading vendors and their innovative profiles. These include ALTANA AG, Bobst Group SA, Chemicoat, Dainichiseika Color & Chemicals Mfg.Co.,Ltd., DIC Corporation, Flint Group, Fujifilm Sericol India Private Limited, Huber Group, InkTec Co. Ltd., JM Heaford Limited, Lawter, Rotatek, S.A., Sakata Inx (India) Private Limited, SICPA Holding SA, Siegwerk Druckfarben AG & Co. KGaA, Sun Chemical Group, T&K TOKA Corporation, Tokyo Printing Ink Mfg. Co., Ltd., Toyo Ink SC Holdings Co., Ltd., Wikoff Color Corporation, Windmöller & Hölscher KG, Worldtex Speaciality Chemicals, Yansefu Inks and Coatings Pvt. Ltd, and Zeller+Gmelin Group.Market Segmentation & Coverage
This research report categorizes the Gravure Printing Market to forecast the revenues and analyze trends in each of the following sub-markets:- Substrate
- Aluminium Foil
- Paper
- Paperboard
- Plastic
- Ink Type
- Radiation Ink
- Solvent Based Ink
- Water Ink
- Drying Source
- Electrical
- Gas
- Thermal Fluid
- Application
- Food Packaging
- Furniture Laminates
- Greeting Cards
- Magazines
- Paneling
- Wall Paper
- Wrapping Paper
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report provides a detailed overview of the market, exploring several key areas:
- Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Gravure Printing Market, by Substrate
7. Gravure Printing Market, by Ink Type
8. Gravure Printing Market, by Drying Source
9. Gravure Printing Market, by Application
10. Americas Gravure Printing Market
11. Asia-Pacific Gravure Printing Market
12. Europe, Middle East & Africa Gravure Printing Market
13. Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
The leading players in the Gravure Printing Market, which are profiled in this report, include:- ALTANA AG
- Bobst Group SA
- Chemicoat
- Dainichiseika Color & Chemicals Mfg.Co.,Ltd.
- DIC Corporation
- Flint Group
- Fujifilm Sericol India Private Limited
- Huber Group
- InkTec Co. Ltd.
- JM Heaford Limited
- Lawter
- Rotatek, S.A.
- Sakata Inx (India) Private Limited
- SICPA Holding SA
- Siegwerk Druckfarben AG & Co. KGaA
- Sun Chemical Group
- T&K TOKA Corporation
- Tokyo Printing Ink Mfg. Co., Ltd.
- Toyo Ink SC Holdings Co., Ltd.
- Wikoff Color Corporation
- Windmöller & Hölscher KG
- Worldtex Speaciality Chemicals
- Yansefu Inks and Coatings Pvt. Ltd
- Zeller+Gmelin Group
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 190 |
| Published | October 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 4.63 Billion |
| Forecasted Market Value ( USD | $ 6.35 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
