The worldwide Gravure Printing Ink market was valued at USD 3.34 billion in 2022 and is estimated to increase at a 4.6% CAGR during the forecast period. The growing need for Gravure Printing Ink due to Packaging, Publication, Product, Promotion, and Other Applications on a global scale is responsible for the market’s expansion. At the national level, the research offers information on the profitable prospects in the gravure printing ink market. For the anticipated time, the study also provides a detailed cost, segmentation, trends, region, and commercial growth of the major worldwide key players.
The study is designed to account for a wide range of factors, including product pricing, product or service penetration at the national and regional levels, GDP of the country, market dynamics of the parent and child markets, end application industries, major players, consumer purchasing patterns, and the political, social, and economic environments of the various countries. To provide a thorough study of the market from every angle, the research is broken up into many divisions.
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Gravure Printing Ink Market Segmentation
By Application
- Packaging
- Publication
- Furniture
Regional Scope
- North America
- Europe
- APAC
- South America
- Middle East
- Africa
Key Company
- Dainichiseika Color & Chemicals Mfg Co. Ltd.
- DIC Corp.
- Flint Group
- InkTec Co. Ltd.
- SAKATA INX Corp.
- Siegwerk Druckfarben AG & Co.
- KGaA
- T&K TOKA Co. Ltd.
- Tokyo Printing Ink Mfg Co.Ltd.
- Toyo Ink SC Holdings Co. Ltd.
- Wikoff Color Corp.
Market Trend
Market expansion is being impacted by the rising demand for environmentally friendly and sustainable ink formulas brought on by-laws and environmental concerns. High-performance inks that can produce better print quality and quicker drying times are becoming more and more popular. In addition, new developments in technology, such as water-based and UV-curable formulations, are propelling innovation in gravure printing inks. The use of digital color management solutions is a result of the growing importance of customization and color accuracy. Based on these developments, the gravure printing ink market is expected to experience sustained expansion and innovation.
Scope of the Report
This study provides research and forecasts for the gravure printing ink market for the past, present, and future. An extensive research approach was used to establish the market estimations that are included in the study. Multiple research channels are used in the accepted research approach, including primary, secondary, and subject-related expert input. The market estimations are determined by taking into account the many economic, social, and political aspects that impact the gravure printing ink market in addition to the current market dynamics. The market data is also defined by different laws, government expenditures, and the expansion of research and development. The market projections take into account both favorable and unfavorable changes in the market.
Regional Analysis
The rising demand for packaged products, especially in the US, is the main factor driving the gravure printing ink market in North America. The printing industry’s technological breakthroughs and the region’s growing environmental sustainability standards are also propelling the market’s expansion. The market for gravure printing ink in Europe is mostly propelled by the rising need for flexible packaging, especially in the food and beverage sector. Low-VOC inks and environmentally friendly packaging materials are likewise becoming more and more popular in the area.
The Asia-Pacific region’s gravure printing ink market is anticipated to expand quickly as a result of rising disposable incomes and the growing demand for packaged products in nations like China and India. Additionally, there is a rise in investment in environmentally sustainable practices and printing technology in the region. Latin America’s gravure printing ink market is mostly driven by the expansion of the food and beverage sector and the rising need for environmentally friendly packaging materials. The publishing business in the region is also experiencing a rise in demand for high-quality printing.
The Middle East and Africa’s gravure printing ink market is anticipated to expand as a result of rising packaging industry expenditure and the advertising sector’s growing need for superior printing. In conclusion, the demand for packaged goods and environmentally friendly packaging materials is driving the growth of the gravure printing ink market in North America and Europe. Rising disposable incomes and increased investment in printing technologies are driving growth in Asia-Pacific, while the expansion of the food and beverage industry and the growing need for high-quality printing are driving growth in Latin America, the Middle East, and Africa.
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