The global gravure printing inks market size will grow by USD 1 billion during 2019-2023. This market report provides a detailed analysis of the market by application (packaging, publication, furniture, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on many market vendors, including 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., and Wikoff Color Corp.
Key Insights on Gravure Printing Inks Market - Global Forecast 2019-2023
Browse TOC and LoE with selected illustrations and example pages of on gravure printing inks market
Industry Overview
Gravure printing is being used for high-volume, high-speed, and high-quality printing, which cannot be achieved with flexographic printing. Furthermore, gravure printing reduces printing time as the ink dries quickly. As a result, the maintenance cost associated with ink cylinders is low in gravure printing. Moreover, gravure printing is automated which lowers labor cost for printing agencies. As a result, the demand for gravure printing will increase, augmenting the sales of gravure ink. The advantages of gravure printing will have a significant influence on the growth of gravure printing inks market.
The sustainability concept has been influencing every industry because of the rising environmental concerns. As a result, there is growing popularity of water-based gravure printing inks. Gravure printing inks are primarily solvent-based, which has volatile organic compounds (VOCs). Rising environmental concerns have prompted governments to restrict the sales of gravure printing inks with VOC content, which is hampering gravure printing ink market growth. Vendors have identified this opportunity to create eco-friendly inks to retain and increase sales volume. New emulsions, resins, and water suspensions are being developed for fabricating water-based gravure printing inks, which do not have any adverse effects on the environment. As a result of these factors, the gravure printing ink market will register a CAGR of almost 4% during the forecast period.
Top Companies in Gravure Printing Inks Market
The global market is fairly concentrated. To help clients improve their market positions, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. The report also includes information on the upcoming gravure printing inks market trends and challenges that will influence market growth. This will help companies in creating strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading gravure printing inks manufacturers, including:
- 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 Segmentation
Gravure Printing Inks Market by Application
- Packaging
- Publication
- Furniture
- Others
The packaging segment held the largest market share in 2018 and will account for the highest gravure printing inks market share over the forecast period. The rising demand for attractive packaging labels, growing use of flexible packaging, and growing packaging industry will boost the growth of the market segment during the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the gravure printing inks market size.
Gravure Printing Inks Market by Region
- APAC
- Europe
- MEA
- North America
- South America
With a complete study of the growth opportunities for companies, it has been identified that APAC will account for the highest share of the gravure printing inks market throughout the forecast period. Factors such as rising demand for inks for publishing and packaging requirements are contributing to the gravure printing inks industry growth in APAC.
Major Highlights of the Gravure Printing Inks Market - Global Forecast 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the gravure printing inks market during the next five years
- Precise estimation of the global gravure printing inks market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the gravure printing inks industry APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of gravure printing inks companies
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