Global Gravure Printing Machine Market, By Substrate (Plastic, Aluminium Foil, Paper, and Paperboard), Ink Type (Water Ink, Solvent Based Ink, and Radiation Ink), Drying Source (Gas, Electrical, and Thermal Fluid), Application (Food Packaging, Magazines, Wall Paper, Wrapping Paper, Greeting Cards, Furniture Laminates, and Paneling) – Industry Trends and Forecast to 2030.
Gravure Printing Machine Market Analysis and Size
The global gravure printing machine market is expected to grow significantly because of its strong ability to print films. It can print various substrates, such as polyethylene, BOPP, polyester, and many others. Gravure printing machines are extensively used in the food manufacturing and packaging industries to print food logos, labels, brands, and other details. The increasing awareness of retail companies to create a brand image through banners and posters among customers is expected to promote the growth of the gravure printing machine market.
Data Bridge Market Research analyses that the gravure printing machine market is expected to reach USD 5,894.53 million by 2030, which was USD 4,082.02 million in 2022, registering a CAGR of 4.70% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Gravure Printing Machine Market Scope and Segmentation
Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015- 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Substrate (Plastic, Aluminium Foil, Paper, and Paperboard), Ink Type (Water Ink, Solvent Based Ink, and Radiation Ink), Drying Source (Gas, Electrical, and Thermal Fluid), Application (Food Packaging, Magazines, Wall Paper, Wrapping Paper, Greeting Cards, Furniture Laminates, and Paneling)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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JM Heaford Limited. (U.K.), BOBST (Switzerland), WINDMOELLER & HOELSCHER (Germany), Rotatek (Spain)., Uteco Converting S.p.A. (Italy), Shaanxi Beiren Printing Machinery Co., Ltd. (China), Hsing Wei Machine Industry CO., LTD. (Taiwan), QUEEN'S MACHINERY CO., LTD. (Taiwan), Pelican Rotoflex Pvt. Ltd. (India), HYPLAS MACHINERY CO., LTD. (Taiwan), FUJI KIKAI KOGYO Co., Ltd. (Japan), WEIJIN MACHINERY INDUSTRY CO., LTD. (Taiwan), Comexi (Spain), DCM-ATN (France), Shibaura Machine CO., LTD, (Italy), FOR DAH INDUSTRY CO., LTD (Taiwan), MG Electric (Colchester) Ltd, (U.K.)
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Market Opportunities
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Market Definition
A gravure printing machine is an equipment engraving an image onto an image carrier. This image is mainly engraved onto the printing plate, and the ink is directly moved to the paper. Gravure presses generally print on rolls of paper instead of sheets of paper. Gravure printing is one of the most effective and widely used printing procedures.
Gravure Printing Machine Market Dynamics
Drivers
- Growing demand for flexible packaging from various end-user industries
The growing demand for gravure printing machines to produce flexible packaging is expected to drive the market's growth. Flexible packaging is used in several end-user industries, such as food packaging, wrapping paper, package printing, magazine printing, and many other commercial printing applications. Therefore, the increasing demand for flexible packaging eventually drives the growth of the gravure printing machine market.
- Increasing demand for gravure printing machines in the e-commerce sector
The rising demand for gravure printing machines in the e-commerce sector is expected to drive market growth. The advent of e-commerce has augmented the need for gravure printing on products having different sizes and shapes. Many people are moving from conventional to online shopping because of convenience. Therefore, e-retailers use corrugated boxes and other packaging products based on the type of products being transported to confirm safe delivery. Such factors will propel the growth of the market during the forecast period.
Opportunities
- Rapid advancements in technology
Rapid technological advances are expected to drive innovation in gravure printing machine manufacturing, thus creating lucrative opportunities for market growth during the forecast period. Furthermore, technologies such as big data analytics, 3D printing, and artificial intelligence are being used in manufacturing gravure printing machines, thus resulting in lower operating costs, higher productivity, and higher margins. Furthermore, advanced sensors, mobile applications, and embedded software also created new opportunities for companies in this market. These factors are expected to boost the market during the forecast period.
- The growing popularity of smart packaging
The increasing popularity of smart packaging is another factor that creates lucrative opportunities for the gravure printing machine market. The potential of packaging intelligence in enhancing consumer sales through packaging differentiation by different sizes and types, printing techniques, visual features, and convenience is unexplored. The R2R gravure with nanomaterials has led to the growth of the specialized grades of extremely printable liner boards to produce packaging with a strong visual impact. This will further support the growth of the market in the forecast years.
Restraints/ Challenges
- Lack of proper infrastructure
The lack of proper infrastructure for installing gravure printing machines will likely obstruct the market's growth. Hence, the need for a change in the infrastructure of existing manufacturing systems when installing the gravure printing machine can obstruct the whole production line and the organization's productivity. As a result of this, it hampers the market growth.
- Availability of gravure printing machine alternatives
The availability of alternative gravure printing machines, such as flexographic printing machines, is expected to challenge the growth of the gravure printing machine market during the forecast period. Flexo printing has a much shorter lead time than gravure printing, which needs less frequent changing of the cylinder. The print run time for the gravure is longer than flexo. These are the major factors that restrain the market's growth.
This gravure printing machine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gravure printing machine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Gravure Printing Machine Market Scope
The gravure printing machine market is segmented on the basis of substrate, ink type, drying sauce, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Substrate
- Plastic
- Aluminium Foil
- Paper and Paperboard
Ink Type
- Water Ink
- Solvent Based Ink
- Radiation Ink
Drying Source
- Gas
- Electrical
- Thermal Fluid
Application
- Food Packaging
- Magazines
- Wall Paper
- Wrapping Paper
- Greeting Cards
- Furniture Laminates
- Paneling
Gravure Printing Machine Market Regional Analysis/Insights
The gravure printing machine market is analysed and market size insights and trends are provided by country, substrate, ink type, drying sauce, and application as referenced above.
The countries covered in the gravure printing machine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Europe dominates the gravure printing machine market because of the growing demand for gravure printing machines in this region. Furthermore, the high volume of production of magazines in this region will further boost the market growth.
North America is expected to be the fastest developing region from 2023 to 2030 because of the growth and development in the retail sector. Moreover, increasing the application of gravure printing machines in numerous industries will further increase the market growth in this region
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Printing Machine Market Share Analysis
The gravure printing machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to gravure printing machine market.
Some of the major players operating in the gravure printing machine market are:
- JM Heaford Limited. (U.K.)
- BOBST (Switzerland)
- WINDMOELLER & HOELSCHER (Germany)
- Rotatek (Spain)
- Uteco Converting S.p.A. (Italy)
- Shaanxi Beiren Printing Machinery Co., Ltd. (China)
- Hsing Wei Machine Industry CO., LTD. (Taiwan)
- QUEEN'S MACHINERY CO., LTD. (Taiwan)
- Pelican Rotoflex Pvt. Ltd. (India)
- HYPLAS MACHINERY CO., LTD. (Taiwan)
- FUJI KIKAI KOGYO Co., Ltd. (Japan)
- WEIJIN MACHINERY INDUSTRY CO., LTD. (Taiwan)
- Comexi (Spain)
- DCM-ATN (France)
- Shibaura Machine CO., LTD, (Italy)
- FOR DAH INDUSTRY CO., LTD (Taiwan)
- MG Electric (Colchester) Ltd, (U.K.)
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