The gravure ink market is integral to the global printing industry, primarily used in high-volume applications such as packaging and furniture printing. Gravure inks are known for their superior quality and ability to print fine details, making them ideal for use in high-speed printing processes. The market for gravure inks is driven by the rising demand for high-quality printed packaging materials and the increasing need for efficient, cost-effective printing technologies. As industries shift toward more sustainable solutions, the gravure ink market is also experiencing a growing trend toward eco-friendly ink options such as water-based and low-VOC formulations.
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Market Size
The global gravure ink market is expected to grow at a steady rate, with an estimated compound annual growth rate (CAGR) between 4% and 6% during the forecast period. Factors contributing to this growth include the increasing demand for flexible packaging, the growing need for high-quality print applications, and innovations in gravure printing technologies. The adoption of sustainable and eco-friendly inks will also play a significant role in shaping market growth, particularly in regions with stringent environmental regulations.Market Share & Trends Analysis
By Application
The gravure ink market is primarily segmented based on application, with key sectors including packaging and furniture printing. Each of these applications has distinct growth drivers:- Packaging: Packaging remains the dominant application for gravure inks, driven by the booming e-commerce industry, consumer goods packaging, and the increasing demand for flexible packaging solutions. The packaging segment is expected to grow at a CAGR of 5% to 7%, as gravure printing offers high efficiency and superior image quality for large-volume production.
- Furniture: Gravure inks are also used in the furniture industry, especially for printing on surfaces like laminates and wooden panels. The furniture application is expected to grow at a CAGR of 3% to 4%, supported by the demand for decorative printed surfaces and innovations in interior design.
By Product Type
The gravure ink market is further segmented by product type, each catering to different printing needs:- Solvent-Based Inks: Solvent-based inks are widely used in gravure printing, especially for applications requiring durability and resistance to environmental factors. This segment is expected to grow at a CAGR of 4% to 5%, driven by the continued demand for high-quality, long-lasting prints in packaging and industrial printing.
- Water-Based Inks: Water-based gravure inks are increasingly gaining traction due to their eco-friendly properties and lower emissions of volatile organic compounds (VOCs). The demand for water-based inks is expected to grow at a CAGR of 6% to 8%, particularly in regions with strict environmental regulations and among companies focusing on sustainability.
By Key Players
Several key players dominate the gravure ink market, providing a range of high-performance ink solutions. These players include:- DIC Corporation: DIC is a global leader in the gravure ink market, known for its wide portfolio of inks used in flexible packaging, labels, and commercial printing. The company is committed to sustainability and continues to innovate in the development of eco-friendly ink products.
- Flint Group: Flint Group is one of the largest providers of gravure inks globally, offering a diverse range of products for packaging, publishing, and industrial applications. The company focuses on improving ink formulations to meet both quality and environmental standards.
- SAKATA INX: SAKATA INX is a prominent player in the gravure ink market, providing solutions for packaging, commercial printing, and industrial applications. The company has a strong focus on developing water-based and low-VOC inks to meet the growing demand for environmentally friendly products.
- Siegwerk Group: Siegwerk is a leading supplier of printing inks for the packaging industry, offering a wide range of products for gravure printing. The company's solutions cater to flexible packaging, labels, and other high-demand print applications. Siegwerk is also focused on sustainability and reducing the environmental impact of its inks.
- Huber Group: Huber Group is a major player in the global gravure ink market, providing high-quality inks for various printing applications, including flexible packaging. The company focuses on developing environmentally friendly ink solutions to comply with global sustainability standards.
By Region
The gravure ink market is expected to experience growth across various regions, with regional dynamics influencing demand and market expansion:- North America: North America is expected to account for a significant share of the gravure ink market, with a projected CAGR of 4% to 5%. The growth is driven by strong demand for high-quality packaging inks and the trend toward sustainable ink solutions in the region.
- Europe: Europe is anticipated to hold a notable share of the global market, with a CAGR of 4% to 5%, driven by increasing regulatory requirements on VOC emissions and a rising preference for eco-friendly ink formulations.
- Asia-Pacific: The Asia-Pacific region is expected to experience the highest growth rate, with a CAGR of 6% to 8%. This is largely due to the expanding packaging industry, particularly in emerging markets like China and India, where demand for gravure inks is increasing for flexible packaging and consumer goods applications.
- Rest of the World: The rest of the world, including regions like Latin America and the Middle East, is projected to grow at a moderate CAGR of 3% to 4%, driven by the demand for printed packaging solutions in food, beverage, and consumer goods industries.
Segment Forecasts (2025-2030)
The gravure ink market is poised for steady growth, supported by rising demand for high-quality printed materials, particularly in packaging and furniture. The shift toward more sustainable and eco-friendly inks is expected to gain momentum, with water-based inks experiencing the highest growth. The packaging application will continue to dominate the market, driven by e-commerce and consumer goods industries.Regional Insights
North America and Europe are expected to maintain significant shares of the gravure ink market, with a focus on sustainability and regulatory compliance. However, Asia-Pacific is set to lead in terms of growth rate, driven by the booming packaging industry and increasing demand for gravure inks in emerging markets.This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast Gravure Ink Market in North America (2020-2030)
Chapter 10 Historical and Forecast Gravure Ink Market in South America (2020-2030)
Chapter 11 Historical and Forecast Gravure Ink Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast Gravure Ink Market in Europe (2020-2030)
Chapter 13 Historical and Forecast Gravure Ink Market in MEA (2020-2030)
Chapter 14 Summary For Global Gravure Ink Market (2020-2025)
Chapter 15 Global Gravure Ink Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- DIC
- FIint Group
- SAKATA INX
- artience Co. Ltd
- Siegwerk Group
- Huber Group
- ALTANA AG
- T&K Toka
- Wikoff Color
- Dainichiseika Color
- Yip's Ink & Chemicals
- Mirage Inks
- INDEVCO
- SUNGBO INK
