Rotogravure Printing Inks Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Rotogravure Printing Inks market, including market size, trends, and forecasts from 2023 to 2033. It features detailed insights into industry segments, regional performance, and leading companies shaping the market.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $1.80 Billion |
CAGR (2023-2033) | 4.7% |
2033 Market Size | $2.88 Billion |
Top Companies | Sun Chemical, Flint Group, Siegwerk Druckfarben AG, Toyo Ink Group |
Last Modified Date | 15 Nov 2024 |
Rotogravure Printing Inks Market Report (2023 - 2033)
Rotogravure Printing Inks Market Overview
What is the Market Size & CAGR of Rotogravure Printing Inks market in 2023?
Rotogravure Printing Inks Industry Analysis
Rotogravure Printing Inks Market Segmentation and Scope
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Rotogravure Printing Inks Market Analysis Report by Region
Europe Rotogravure Printing Inks Market Report:
In Europe, the market is projected to grow from $0.59 billion in 2023 to $0.94 billion by 2033. Stringent regulations on sustainability and a shift towards eco-friendly inks are key drivers. The presence of established printing companies and technological advancements further bolster market growth.Asia Pacific Rotogravure Printing Inks Market Report:
In 2023, the Asia Pacific region accounted for a market size of approximately $0.34 billion, projected to grow to $0.55 billion by 2033. This growth is fueled by rapid industrialization, rising demand for packaging solutions, and increasing disposable incomes. Countries like China and India are significant contributors to this expansion due to their large manufacturing bases and population.North America Rotogravure Printing Inks Market Report:
North America held a market size of $0.60 billion in 2023, anticipated to reach $0.96 billion by 2033. The region's robust manufacturing capabilities, coupled with innovations in rotogravure technology, support this growth. High demand from packaging sectors, particularly in food and beverage and household goods, will drive the market forward.South America Rotogravure Printing Inks Market Report:
The South American market was valued at $0.14 billion in 2023, with expectations to rise to $0.22 billion by 2033. Growth is expected to be driven by a burgeoning food and beverage sector and an increasing trend toward sustainable packaging. Moreover, governmental support for environmentally friendly products will likely enhance market growth.Middle East & Africa Rotogravure Printing Inks Market Report:
The Middle East and Africa market size was estimated at $0.13 billion in 2023, reaching $0.21 billion by 2033. Market expansion in this region is likely to be fueled by increasing demand for packaging and printing solutions in the food sector and ongoing infrastructural developments.Request a custom research report for industry.
Rotogravure Printing Inks Market Analysis By Type
Global Rotogravure Printing Inks Market, By Type Market Analysis (2023 - 2033)
The market is primarily segmented into three key types of inks. Solvent-Based Inks lead the market, holding a 66.53% share in 2023 with a size of $1.20 billion, expected to grow to $1.91 billion by 2033. Water-Based Inks account for 23.02% of the market, moving from $0.41 billion in 2023 to $0.66 billion by 2033. UV-Curable Inks capture the remaining share at 10.45%, with a size increase from $0.19 billion in 2023 to $0.30 billion by 2033. This segmentation indicates a preference for solvent-based inks due to their high-performance capabilities but suggests a growing trend towards eco-friendly alternatives.
Rotogravure Printing Inks Market Analysis By Substrate
Global Rotogravure Printing Inks Market, By Substrate Market Analysis (2023 - 2033)
The substrate segmentation of the rotogravure printing inks market includes flexible packaging, paper, and plastic substrates. Flexible packaging dominates this segment, representing a significant share due to its versatility and cost-effectiveness in applications. Paper substrates are also essential, especially in publishing and decorative printing applications. The market for plastic substrates is growing as the demand for lightweight and durable materials increases in various sectors.
Rotogravure Printing Inks Market Analysis By Application
Global Rotogravure Printing Inks Market, By Application Market Analysis (2023 - 2033)
Application-wise, the largest segment is Flexible Packaging, which accounts for around 66.53% of the market size, serving industries like food and beverage, personal care, and household goods. Other significant applications include Labels (23.02%) and Decorative Printing (10.45%). As consumer preferences shift towards convenience and ready-to-eat food packaging, the flexible packaging segment is projected to grow steadily over the next decade.
Rotogravure Printing Inks Market Analysis By End User
Global Rotogravure Printing Inks Market, By End-User Market Analysis (2023 - 2033)
End-user segmentation highlights the food and beverage industry as a leading consumer of rotogravure inks, representing a substantial share of approximately 66.53% in 2023. The cosmetics and personal care sector follows with a share of 23.02%, while industrial sectors account for the remaining 10.45%. The ongoing expansion of retail and e-commerce activities supports demand for packaging solutions across these end-user segments.
Rotogravure Printing Inks Market Trends and Future Forecast
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