Rotogravure Printing Machine Market: Analysis by Size, Share, Growth, Trends & Forecast (2023-2030)

 

Rotogravure: Still Printing Profits at 3.2% CAGR

The rotogravure printing machine market is expected to see steady growth of around 3.2% during the forecast period (2021-2027). Here's what's driving the market:

• High-Speed, High-Quality Printing: Rotogravure excels at consistent, high-quality printing on various densities of film, ideal for packaging applications.
• Reduced Waste & Cost: This technology minimizes waste, lowering packaging costs for manufacturers and boosting profitability.
• Organized Retail Boom: The rise of supermarkets and organized retail fuels demand for attractive packaging, benefiting rotogravure printing.
• Plastic Packaging Surge: The increasing use of plastic and polythene packaging for consumer goods (bread, soap, etc.) is driving demand for rotogravure machines.

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Shifting Tides: Water-Based Inks Gain Ground

The market is segmented by ink type, with an interesting trend:

• Solvent-Based Dominates (for now): Solvent-based inks offer water and scratch resistance, making them ideal for non-absorbent materials used outdoors.
• Water-Based Inks: The Future? Growing concerns about health hazards and environmental regulations are propelling the use of water-based inks, predicted to be the fastest-growing segment.

Food & Beverage Leads the Charge

By end-user, the market is divided into distinct segments:

• Food & Beverage Takes the Top Spot: Rising consumption of packaged food and beverages across the globe is the primary driver for rotogravure printing machines in packaging.
• High-Quality Appeal: The superior image quality delivered by rotogravure printing makes it attractive for food and beverage companies seeking visually appealing packaging.
• Speed & Efficiency: The high-speed printing capabilities and reduced labor needs of rotogravure machines further enhance their appeal in the food & beverage industry.

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Asia Pacific: The Printing Powerhouse

Geographically, the market is analyzed by region:

• Asia Pacific Leads the Pack: This region held the highest market share in 2020 due to factors like growing economies and a thriving packaging industry.

Latest Market News and Trends:

• Include recent news about advancements in rotogravure printing technology or the use of sustainable packaging solutions.
• Briefly mention any challenges faced by the industry, such as competition from digital printing or fluctuations in raw material prices.
• Highlight upcoming trade shows or industry events focused on packaging technologies or sustainability in printing.

By incorporating these elements, you've created a more informative and dynamic piece about the rotogravure printing machine market, primed for search engine indexing. Remember to keep the latest market news and trends updated to maintain its value.