Rotogravure Printing Machine Market Size, Share, Growth, and Industry Analysis, By Type (Polyester films, Oriented Polypropylene (OPP) film, Nylon film, Polyethylene (PE) film, Paper, Carton board, and Aluminum foil), By Application (Publishing, and Packaging) Regional Insights and Forecast to 2031

Updated On: 29 April 2024

rotogravure printing machine market REPORT OVERVIEW

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The global rotogravure printing machine market size was in USD 978.58 million 2021 and is expected to reach USD 1468.92 million by 2027, at CAGR of 7.0% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden decline in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

A rotogravure printing machine, commonly known as a gravure printing press, is a sophisticated and fast printing device employed in the packaging and publishing sectors to manufacture large quantities of high-quality printed materials. It excels in scenarios requiring precision and uniformity, particularly during extended printing operations.

COVID-19 Impact: Increased Demand for Packaging among Population to Fuel Market Growth

Amid the heightened emphasis on hygiene and safety during the pandemic, the demand for packaging materials, particularly in the food and healthcare sectors, saw a significant upswing. This surge in demand proved advantageous for manufacturers of rotogravure printing machines as they played a pivotal role in meeting the increased demand for packaging solutions. The pandemic created disruptions in worldwide supply chains, resulting in delays in the transportation of essential components and spare parts required for rotogravure machines. This had repercussions on production timetables and the ability to provide maintenance and servicing.

LATEST TRENDS

"Digital Integration, and Sustainability to Fuel Market Growth "

Digital integration entails the utilization of digital tools and software to streamline the setup and preparation of printing jobs. This approach empowers printing companies to create and manage print jobs with greater efficiency, resulting in reduced time and labor needed for transitioning between various printing tasks. Furthermore, digital technologies facilitate improved data management, encompassing the storage of job specifications, color profiles, and client preferences in a digital format. This not only enhances consistency but also simplifies job retrieval and reprinting. A prominent advantage of digital integration is the capability to introduce variable data printing, allowing for the customization of each printed piece with diverse information, such as individualized labels or packaging featuring unique barcodes. This functionality proves particularly significant in applications like product labeling and security printing. Sustainable printing practices were on the rise in importance, with manufacturers of rotogravure printing machines actively pursuing strategies to minimize waste, lower energy consumption, and eliminate the use of harmful materials. This shift was characterized by a growing adoption of environmentally friendly inks and substrates.

rotogravure printing machine market SEGMENTATION

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• By Type

Based on Type rotogravure printing machine market is classified as Polyester films, Oriented Polypropylene (OPP) film, Nylon film, Polyethylene (PE) film, Paper, Carton board, and Aluminum foil.

• By Application

Based on Application rotogravure printing machine market share is classified as Publishing, and Packaging.

DRIVING FACTORS

"Packaging Industry Growth to Fuel Market Growth"

The packaging industry is a pivotal catalyst for the expansion of the rotogravure printing machine market growth. With the continuous expansion of consumer goods, e-commerce, and the food sector, the market experiences an increasing demand for packaging materials that necessitate top-tier printing quality, an area where gravure printing stands out.

"Quality and Consistency to Stimulate Market Progress"

Gravure printing has earned its reputation for its capacity to consistently deliver high-quality prints, positioning it as the top choice for industries that prioritize image and color excellence. This is particularly true in sectors like label production, packaging, and decorative printing.

RESTRAINING FACTORS

"High Cost of Biological Indicators to Harm Market Growth "

The substantial financial investment required for rotogravure printing machines can pose a formidable hurdle for smaller printing companies or those operating on limited budgets.

rotogravure printing machine market REGIONAL INSIGHTS

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"North America constitutes a primary segment of users for the machines to Drive Market Share"

In the North American region, the rotogravure printing machines market share for rotogravure printing machines is predominantly driven by the packaging industry, as it constitutes a primary segment of users for these machines. The United States and Canada hold substantial market shares in this region. The prevalence of rotogravure printing technology in this market share is closely linked to the market's demand for superior-quality packaging across a spectrum of consumer goods.

KEY INDUSTRY PLAYERS

"Multitude of companies that played a pivotal role in expansion of rotogravure printing machine "

The Rotogravure Printing Machine market features a number of significant industry participants. One of them, a Swiss-based company recognized for its expertise in manufacturing printing and packaging machinery, is Bobst. They provide rotogravure printing solutions tailored to a wide range of industries.

List of Market Players Profiled

• KKA GmbH (Germany)
• J M Heaford (U.K.)
• BOBST (Switzerland)
• Gruppo Cerutti (Italy)
• Comexi Group (Spain)

REPORT COVERAGE

The future demand for the rotogravure printing machine market is covered in this study. The Research report includes the Increased Demand for Packaging due to the Covid-19 Impact. The report covers the latest trends in Digital Integration. The paper includes a segmentation of the rotogravure printing machine market. The research paper includes the driving factors that are Packaging Industry Growth to Fuel Market Growth. The report also covers information on Regional Insights where the region which has emerged leading market for rotogravure printing machine.