The rotogravure printing ink global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Rotogravure Printing Ink Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The rotogravure printing ink market size has grown strongly in recent years. It will grow from <b>$4.42 billion in 2023 to $4.72 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. </b> The growth in the historic period can be attributed to packaging industry growth, increased print quality requirements, popularity in flexible packaging, growth in publication printing, advancements in ink formulations, preference for high-volume printing.
The rotogravure printing ink market size is expected to see strong growth in the next few years. It will grow to <b>$6.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. </b> The growth in the forecast period can be attributed to globalization of consumer goods, flexible packaging dominance, rising pharmaceutical packaging needs, evolving consumer preferences, digital transformation in printing. Major trends in the forecast period include rise of digital printing technologies, technological advancements in printing equipment, focus on fast-drying inks, innovation in specialty inks, adoption of renewable and bio-based materials, focus on high-quality printing.
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Scope Of Rotogravure Printing Ink Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Rotogravure Printing Ink Market Overview
Market Drivers –
The rise in the demand for food packaging is expected to propel the growth of the rotogravure printing ink market going forward. Safe food packaging demonstrates that acceptable printing ink materials are created and utilized, and customer awareness and expectations about environmental concerns are on the rise. The rotogravure printing inks are durable, low-cost, and of high quality for food packaging applications. For instance, according to the Indian Institute of Packaging (IIP), an autonomous body of the Ministry of Commerce, Government of India, in 2021, packaging consumption in India increased by 200 percent, rising from 4.3 kg per person per annum (pppa) to 8.6 kg pppa. The e-commerce retail packaging sector has grown to 65 million monthly unique visitors, a 55 percent increase year on year. Therefore, the rise in the demand for food packaging is driving the demand for the rotogravure printing ink market.
Market Trends –
Technological advancement is a key trend gaining popularity in the rotogravure printing ink market. Major companies operating in the rotogravure printing ink market are focused on developing new technological solutions to strengthen their market position. For instance, in September 2021, Flint Group US LLC, a US-based company, launched ONECode Universal Bases in Europe as part of its ONECode solvent-based ink and coating range for flexible packaging. The Universal Bases are designed to provide ultimate print flexibility and efficiency in the gravure print process. The ONECode range is designed to simplify the flexible packaging printing process and improve print quality while reducing ink consumption and waste.
The rotogravure printing ink market covered in this report is segmented –
1) By Resin Type: Polyamide, Nitrocellulose, Polyurethane, Acrylic polymers, Other Resin Types
2) By Technology: Solvent Based, Water Based
3) By Application: Packaging, Publication, Product, Promotion
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Regional Insights –
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.
Key Companies –
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.
Table of Contents
1. Executive Summary
2. Rotogravure Printing Ink Market Characteristics
3. Rotogravure Printing Ink Market Trends And Strategies
4. Rotogravure Printing Ink Market – Macro Economic Scenario
5. Global Rotogravure Printing Ink Market Size and Growth
…
31. Global Rotogravure Printing Ink Market Competitive Benchmarking
32. Global Rotogravure Printing Ink Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Rotogravure Printing Ink Market
34. Rotogravure Printing Ink Market Future Outlook and Potential Analysis
35. Appendix
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