Gravure Printing Ink Market by Ink type, Resin, Application

List of Tables

The Gravure Printing Ink Market was valued at USD 3.63 billion in 2023, expected to reach USD 3.87 billion in 2024, and is projected to grow at a CAGR of 6.82%, to USD 5.77 billion by 2030.

Gravure printing ink, integral to high-quality printing processes, is defined by its application scope across packaging, publishing, and decorative printing. Its necessity stems from the need for efficient mass printing, characterized by high precision and vibrant color reproduction, crucial for brand identity and consumer engagement. The end-use sectors, particularly packaging, publishing, and textiles, continuously drive ink innovations to meet evolving precision, cost-effectiveness, and environmental sustainability demands. Key growth influencers in this market include technological advancements in formulation, increasing demand for sustainable and less volatile organic compound (VOC) inks, and the expanding packaging industry driven by e-commerce and consumer goods. The shift towards eco-friendly and digital printing solutions presents enormous opportunities, particularly as regulations tighten around conventional inks. Innovating water-based and biodegradable inks will position companies favorably in a market increasingly conscientious about environmental impact. However, challenges such as fluctuating raw material prices, high production costs, and stringent regulations pose significant hurdles. Companies need to invest strategically in R&D to develop sustainable formulas and efficient production technologies. Innovation can also focus on enhancing ink longevity and adhesion on diverse substrates to gain competitive advantage. The market is somewhat mature but evolving, with competitive landscapes including dominant global manufacturers and emerging regional players necessitating differentiated offerings. Future research should focus on hybrid solutions that blend traditional gravure's quality with digital flexibility, implementing AI and blockchain in supply chain transparency and efficiency. This tailored approach, alongside strategic partnerships for shared innovation in sustainable solutions, will capitalize on the burgeoning demands of the digital transformation and sustainability-focused consumer market. Thus, companies must prioritize adaptive strategies to navigate market complexities and leverage growth opportunities effectively.

KEY MARKET STATISTICS
Base Year [2023]	USD 3.63 billion
Estimated Year [2024]	USD 3.87 billion
Forecast Year [2030]	USD 5.77 billion
CAGR (%)	6.82%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Gravure Printing Ink Market

The Gravure Printing Ink Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Rising demand to meet the diverse needs of reverse printing
- Increasing applications in food & beverages and pharmaceutical packaging
- Substantial adoption owing to favorable properties of gravure printing inks
Market Restraints
- Limited color options and adverse environmental impact of gravure printing ink and processes
Market Opportunities
- Introduction of water-based gravure printing ink technology to promote green solutions
- Development of automated and technology integrated rotogravure printing machines
Market Challenges
- Presence of cost-effective alternative printing inks

Porter's Five Forces: A Strategic Tool for Navigating the Gravure Printing Ink Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Gravure Printing Ink Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Gravure Printing Ink Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Gravure Printing Ink Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Gravure Printing Ink Market

A detailed market share analysis in the Gravure Printing Ink Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Gravure Printing Ink Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Gravure Printing Ink Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Gravure Printing Ink Market

A strategic analysis of the Gravure Printing Ink Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Gravure Printing Ink Market, highlighting leading vendors and their innovative profiles. These include Altana AG, BASF SE, Behroufaran Company, Castle Ink by Phosphor, LLC., Chemicoat, Colorcon, Inc., Dainichiseika Color & Chemicals Mfg.Co., Ltd., DIC Corporation, Dilip Industries, Doneck Euroflex S.A., Flint Group, Fujifilm Ink Speciality Group, Gellner Industrial, LLC., Grolman Group, Hindustan Flex Ltd., Hubergroup Deutschland GmbH, Huizhou Xingxin Coating Chemical Co., Ltd., INX International Ink Co., Merck KGaA, Mifar S.r.L., Misr Italia, Printpack, Inc., Rupa Colour Inks, Sakata Inx Corporation, SAM-A Vina Co., Ltd., Shree Colors Inks, Siegwerk Druckfarben AG & Co. KGaA, Sun Chemical Corporation, T & K TOKA Corporation, Tintas Arzubialde S.L., Tokyo Printing Ink Mfg. Co., Ltd., Toyo Ink SC Holdings Co., Ltd., UFlex Limited, Wikoff Color Corporation, Worldtex Speciality Chemicals, and Zeller+Gmelin GmbH & Co. KG.

Market Segmentation & Coverage

This research report categorizes the Gravure Printing Ink Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Ink type, market is studied across Solvent-Based Gravure Inks, Specialty Gravure Inks, UV-Curable Gravure Inks, and Water-Based Gravure Inks.
Based on Resin, market is studied across Acrylic, Nitrocellulose, Polyamide, and Polyurethane.
Based on Application, market is studied across Decorative Printing, Packaging, Publication & Commercial Printing, and Security Printing.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-035DA3C63705

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising demand to meet the diverse needs of reverse printing
  - 5.1.1.2. Increasing applications in food & beverages and pharmaceutical packaging
  - 5.1.1.3. Substantial adoption owing to favorable properties of gravure printing inks
- 5.1.2. Restraints
  - 5.1.2.1. Limited color options and adverse environmental impact of gravure printing ink and processes
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of water-based gravure printing ink technology to promote green solutions
  - 5.1.3.2. Development of automated and technology integrated rotogravure printing machines
- 5.1.4. Challenges
  - 5.1.4.1. Presence of cost-effective alternative printing inks
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Gravure Printing Ink Market, by Ink type

6.1. Introduction
6.2. Solvent-Based Gravure Inks
6.3. Specialty Gravure Inks
6.4. UV-Curable Gravure Inks
6.5. Water-Based Gravure Inks

7. Gravure Printing Ink Market, by Resin

7.1. Introduction
7.2. Acrylic
7.3. Nitrocellulose
7.4. Polyamide
7.5. Polyurethane

8. Gravure Printing Ink Market, by Application

8.1. Introduction
8.2. Decorative Printing
8.3. Packaging
8.4. Publication & Commercial Printing
8.5. Security Printing

9. Americas Gravure Printing Ink Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Gravure Printing Ink Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Gravure Printing Ink Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. ERA and iarigai announce partnership to support gravure technology
- 12.3.2. Flint Group Packaging Reaffirms Digital Investment With Online Webshop
- 12.3.3. IIT Roorkee develops water-based printing ink tech, transfers it to packaging industry
- 12.3.4. Siegwerk launches new generation of NC inks manufactured at its fully automated production facility
- 12.3.5. Toyo Ink India expands gravure ink capacity
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Altana AG
2. BASF SE
3. Behroufaran Company
4. Castle Ink by Phosphor, LLC.
5. Chemicoat
6. Colorcon, Inc.
7. Dainichiseika Color & Chemicals Mfg.Co., Ltd.
8. DIC Corporation
9. Dilip Industries
10. Doneck Euroflex S.A.
11. Flint Group
12. Fujifilm Ink Speciality Group
13. Gellner Industrial, LLC.
14. Grolman Group
15. Hindustan Flex Ltd.
16. Hubergroup Deutschland GmbH
17. Huizhou Xingxin Coating Chemical Co., Ltd.
18. INX International Ink Co.
19. Merck KGaA
20. Mifar S.r.L.
21. Misr Italia
22. Printpack, Inc.
23. Rupa Colour Inks
24. Sakata Inx Corporation
25. SAM-A Vina Co., Ltd.
26. Shree Colors Inks
27. Siegwerk Druckfarben AG & Co. KGaA
28. Sun Chemical Corporation
29. T & K TOKA Corporation
30. Tintas Arzubialde S.L.
31. Tokyo Printing Ink Mfg. Co., Ltd.
32. Toyo Ink SC Holdings Co., Ltd.
33. UFlex Limited
34. Wikoff Color Corporation
35. Worldtex Speciality Chemicals
36. Zeller+Gmelin GmbH & Co. KG