Rotogravure Printing Machine Market is expected to foresee significant growth. Asia-Pacific to lead the growth!

• Himanshu Patni
• April 5, 2022
• MINING & MACHINERY, NEWS
• Rotogravure Printing Machine Market, Rotogravure Printing Machine Market growth, Rotogravure Printing Machine Market share, Rotogravure Printing Machine Market size
• 0 Comments

Rotogravure Printing Machine Market is expected to grow at a CAGR of around 4% during the forecast period 2021-2027. The market stood at around US$ XX billion in 2020. Demand for rotogravure printing machines has increased as a result of rising food and beverage consumption, particularly for consumer packaged goods. The efficiency in speed and cost of rotogravure printing machines that produce good image quality on packaging material is a key factor augmenting the rotogravure printing machine market growth. The rotogravure printing machine is simple to use and has a low labor cost, which is another crucial factor responsible for expansion of rotogravure printing machine market.

Furthermore, the sales of rotogravure printing machine market experienced decline in demand in the year 2020 owing to the lockdown imposed by the government which led to the shutdown of manufacturing units. However, the demand for packaged products increased astronomically amidst the pandemic, which had a positive influence on the market growth.

Overall Rotogravure Printing Machine industry is expected to witness strong and long-term demand, primarily due to the increasing usage of Rotogravure Printing Machine in the packaging industry for printing on packaging items including food pouches, polythene packets, confectionary wrappers, soap wrappers and many flexible packaging material.

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Based on the Application, the market bifurcates into publishing, packaging labels, security prints, and decorative printing. Among these segments, packaging labels acquires the largest share of the global rotogravure printing machine market. The packaging of the material convey a strong message and needs to be instantly recognizable, with a great deal of advanced finishing and sensory neutrality. This is significant because even the tiniest design details and the overall sense of value of the packaging convey essential brand messages. With directly etched gravure and embossing cylinders, rotogravure printing machines enable high-resolution line engraving, top­-quality linework, and large quantities, enhancing the efficacy and appeal of such packaging. Customers profit more from the rotogravure printing process as the packaging becomes more advanced.

Based on the automation type, the market classifies into Automatic and Manual Rotogravure Printing Machine. Of both, Automatic Rotogravure Printing Machine is projected to witness fastest growth during the forecast period. Automation of rotogravure machine is a significant step towards attaining a product with superior quality. It is also beneficial in enhancing the efficiency of the process as it makes the entire process faster.

Moreover, the automatic rotogravure machine ensures that the final product is achieved in the shortest span of time and without any defects. In addition to this, it helps in making appropriate usage of material that will result reducing the  waste of material. Hence, these aspects of automatic rotogravure printing machine are likely to contribute to the overall market growth.

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For a better understanding of the market, the report is analyzed based on different regions including North America (US, Canada, Mexico, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific); and Rest of World. In 2020, Asia Pacific region held the highest market share in the global Rotogravure Printing Machine market. It is primarily due to growing population and evolving lifestyle of middle-class population thus creating demand for packaged products coupled with presence of a large pool of skilled & semi-skilled workforce and cost-effective manufacturing in countries like India and China. Demand for rotogravure printing machine is increasing in Asia Pacific, owing to the rising demand for these machines, particularly in the packaging sector. India has one of the world’s fastest-growing economies. The passage of favorable government laws, as well as the creation of medium and small businesses, have all aided the expansion of India’s Gravure Printing Inks Market.

Rotogravure Printing Machine Market Segmentation

Market Insight, by Drying Source

• Gas
• Electrical
• Thermal fluid

Market Insight, by Ink Type

• Water ink
• Solvent based ink
• Radiation ink

Market Insight, by Substrate

• Plastic
• Aluminum Foil
• Paper and Paperboard

Market Insight, by Automation Type

• Automatic Rotogravure Printing Machine
• Manual Rotogravure Printing Machine

Market Insight, by End-User

• Food & beverage
• Pharmaceutical
• Consumer goods
• Others

Market Insight, by Application

• Publishing
• Packaging labels
• Security Prints
• Decorative printing

Market Insight, by Region

• North America
  • United States
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of World

Top Company Profiles

• J M Heaford Ltd.
• Bobst Group SA
• Windmoeller & Hoelscher Corporation
• KKA Gmbh
• ROTATEK S.A
• Uteco Converting SpA
• Shaanxi Beiren Printing Machinery Co., Ltd.
• Hsing Wei Machine Industry CO.LTD
• QUEEN’S MACHINERY CO., LTD
• Pelican Rotoflex Pvt Ltd.
• HYPLAS MACHINERY CO LTD
• Fuji Kikai Kogyo Co Ltd.
• Weijin Machinery Industry Co. Ltd