Gravure Printing Market by Substrate, Ink Type, Drying Source, Application

List of Tables

The Gravure Printing Market was valued at USD 4.42 billion in 2023, expected to reach USD 4.63 billion in 2024, and is projected to grow at a CAGR of 5.32%, to USD 6.35 billion by 2030.

The gravure printing market is a niche yet integral segment within the broader printing industry, characterized by its application in high-volume, high-quality image printing, such as packaging, decorative printing, and publication. Gravure printing is necessary for its capability to deliver excellent color accuracy and print finish on substrates like plastics, films, and papers, which is critical for industries such as packaging, publishing, and textiles. The end-use scope is broad and includes consumer goods packaging, magazines, labels, and textiles. Key growth factors include increasing demand for premium packaging, advances in gravure cylinder production technology, and the growth of consumer goods and e-commerce sectors that require high-volume printed materials. Current opportunities in the market are driven by the shift towards sustainable and eco-friendly printing technologies, with growing consumer preference for environmentally friendly packaging pushing innovation in biodegradable inks and substrates. However, market growth faces challenges such as high initial setup costs, competition from digital and flexographic printing technologies, and the substantial environmental impact of traditional gravure printing processes. Innovation opportunities are rich in developing cost-effective and eco-friendly gravure alternatives, integrating digitalization with gravure technology to enhance efficiency, and improving recyclability of printed materials. To harness these opportunities, companies should focus on sustainable material research, invest in hybrid printing solutions, and leverage IoT for better process control. The market is competitive yet ripe for innovation, with demand moving towards more sustainable and versatile printing solutions in response to global environmental trends and consumer preferences. By adopting greener practices and embracing digital enhancements, businesses can capture emerging market segments and foster growth in an increasingly eco-conscious industry.

KEY MARKET STATISTICS
Base Year [2023]	USD 4.42 billion
Estimated Year [2024]	USD 4.63 billion
Forecast Year [2030]	USD 6.35 billion
CAGR (%)	5.32%

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

The Gravure Printing 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
- 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

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

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Gravure Printing 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 Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Gravure Printing 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 Market

A detailed market share analysis in the Gravure Printing 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 Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Gravure Printing 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 Market

A strategic analysis of the Gravure Printing 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 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, Windmoller & Holscher 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:

Based on Substrate, market is studied across Aluminium Foil, Paper, Paperboard, and Plastic.
Based on Ink Type, market is studied across Radiation Ink, Solvent Based Ink, and Water Ink.
Based on Drying Source, market is studied across Electrical, Gas, and Thermal Fluid.
Based on Application, market is studied across Food Packaging, Furniture Laminates, Greeting Cards, Magazines, Paneling, Wall Paper, and Wrapping Paper.
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-521BAA36EDC4

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. Proliferating use of gravure printing in the flexible packaging
  - 5.1.1.2. Rising demand for gravure printing machines in the e-commerce sector
  - 5.1.1.3. Substantial adoption owing to favorable properties of gravure printing
- 5.1.2. Restraints
  - 5.1.2.1. Associated high cost of gravure printing machine
- 5.1.3. Opportunities
  - 5.1.3.1. Integration of advanced technologies in gravure printing
  - 5.1.3.2. Emergence of smart packaging in multiple verticals
- 5.1.4. Challenges
  - 5.1.4.1. High preference for flexo printing over gravure printing
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 Market, by Substrate

6.1. Introduction
6.2. Aluminium Foil
6.3. Paper
6.4. Paperboard
6.5. Plastic

7. Gravure Printing Market, by Ink Type

7.1. Introduction
7.2. Radiation Ink
7.3. Solvent Based Ink
7.4. Water Ink

8. Gravure Printing Market, by Drying Source

8.1. Introduction
8.2. Electrical
8.3. Gas
8.4. Thermal Fluid

9. Gravure Printing Market, by Application

9.1. Introduction
9.2. Food Packaging
9.3. Furniture Laminates
9.4. Greeting Cards
9.5. Magazines
9.6. Paneling
9.7. Wall Paper
9.8. Wrapping Paper

10. Americas Gravure Printing Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Gravure Printing Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Gravure Printing Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
13.4. Strategy Analysis & Recommendation

Companies Mentioned

1. ALTANA AG
2. Bobst Group SA
3. Chemicoat
4. Dainichiseika Color & Chemicals Mfg.Co.,Ltd.
5. DIC Corporation
6. Flint Group
7. Fujifilm Sericol India Private Limited
8. Huber Group
9. InkTec Co. Ltd.
10. JM Heaford Limited
11. Lawter
12. Rotatek, S.A.
13. Sakata Inx (India) Private Limited
14. SICPA Holding SA
15. Siegwerk Druckfarben AG & Co. KGaA
16. Sun Chemical Group
17. T&K TOKA Corporation
18. Tokyo Printing Ink Mfg. Co., Ltd.
19. Toyo Ink SC Holdings Co., Ltd.
20. Wikoff Color Corporation
21. Windmoller & Holscher KG
22. Worldtex Speaciality Chemicals
23. Yansefu Inks and Coatings Pvt. Ltd
24. Zeller+Gmelin Group