Global Rotogravure Printing Machine Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 11/23/2022
- NO OF PAGES
- 281
- CATEGORY
- Heavy Industry
Market Overview
The global rotogravure printing machine market size was valued at US$ 3,512.67 million in 2021, and anticipated to grow at a CAGR of 5.4% over the forecast period.
The global rotogravure printing machine market refers to the machines used in the printing industry for producing high-quality, fine-resolution images with a wide range of colors and shades. These machines use a rotary printing process that involves transferring ink from engraved cylinders to the substrate, typically paper, film, or plastic.
Rotogravure printing machines are widely used for printing packaging materials such as bags, wrappers, labels, and cartons, as well as magazines, catalogs, and other high-quality printed materials. The market includes manufacturers and suppliers of rotogravure printing machines, as well as related services such as installation, maintenance, and repair.
The demand for flexible packaging solutions is growing, driven by factors such as changing consumer preferences, increasing demand for convenience, and the rise of e-commerce. This has led to an increase in demand for rotogravure printing machines, which are widely used for printing packaging materials. Furthermore, advancements in technology have led to the development of more efficient and high-speed rotogravure printing machines. Manufacturers are investing in research and development to improve the performance and efficiency of these machines, which is driving the growth of the market.
However, the initial capital investment required for setting up a rotogravure printing machine is high and maintenance and operational costs of the rotogravure printing machine is also high, which can limit its adoption, especially among small and medium-sized enterprises. This can be a major restraint for the market, as it can limit the growth of the market.
Covid-19 Impact:
The COVID-19 pandemic has had a mixed impact on the global rotogravure printing machine market. On one hand, the pandemic has led to disruptions in the supply chain, reduced production capacity, and delayed project timelines, which has had a negative impact on the market. On the other hand, the pandemic has led to an increase in demand for flexible packaging solutions, particularly for food and medical products, which has had a positive impact on the market.
During the initial stages of the pandemic, the rotogravure printing machine market witnessed a decline in demand due to the lockdowns and restrictions on non-essential activities. The closure of manufacturing units and supply chain disruptions led to delays in production and delivery of rotogravure printing machines. However, as the pandemic progressed, there was a surge in demand for flexible packaging solutions, particularly for food and medical products, which led to an increase in demand for rotogravure printing machines.
The pandemic has also led to an increase in the demand for eco-friendly and sustainable packaging solutions, which has led to the adoption of newer technologies and innovations in the rotogravure printing machine market. The trend of e-commerce and online shopping has also led to an increase in demand for rotogravure printing machines for printing labels, tags, and packaging materials.
Overall, the COVID-19 pandemic has had a mixed impact on the rotogravure printing machine market. While it has led to disruptions in the supply chain and reduced production capacity, it has also led to an increase in demand for flexible packaging solutions and innovations in the market.
Ink Type Insights
By Ink Type, solvent-based inks have traditionally been the most widely used in the rotogravure printing process. Solvent-based inks offer several advantages, including fast drying times, good adhesion to a variety of substrates, and excellent color reproduction. Additionally, solvent-based inks can be used with a wide range of substrates, including plastic films, paper, and foil.
Therefore, the segment that dominated the global rotogravure printing machine market by ink type would be the solvent-based ink segment. However, in recent years, there has been a growing trend towards using water-based and UV-cured inks, which are more environmentally friendly and offer some advantages over solvent-based inks in certain applications.
Application Insights
By application, the packaging segment dominated major market share in 2022. Rotogravure printing machines are extensively used for printing on packaging materials, such as flexible packaging, labels, and cartons. The demand for rotogravure printing machines in the packaging industry is driven by factors such as the growing demand for packaged food and beverages, increasing consumer awareness about product information and labelling, and the need for attractive and informative packaging designs.
Regional Insights
In terms of region, The Asia-Pacific region is the largest and fastest-growing market for rotogravure printing machines, driven by the increasing demand for flexible packaging solutions in countries such as China, India, and Japan. The region is also home to a large number of manufacturers of rotogravure printing machines, leading to intense competition and innovation.
Furthermore, North America is a mature market for rotogravure printing machines with a large number of established players operating in the region. The market is driven by the high demand for flexible packaging solutions in the food and beverage, pharmaceuticals, and consumer goods industries. The US is the largest market in the region, followed by Canada and Mexico.
The Middle East & Africa region is a developing market for rotogravure printing machines with significant growth potential. The market is driven by the increasing demand for packaged food and beverages and the growing consumer goods industry in the region.
Key Companies Insights
Some of the major companies studied under the market scope are as follows: Bobst Group SA, Comexi Group Industries SAU, KKA Gmbh, Kuen Yuh Machinery Engineering Co., Ltd., Shaanxi Beiren Printing Machinery Co., Ltd., Uteco Converting S.p.A., Windmöller & Hölscher KG, Hsing Wei Machine Industry Co., Ltd., KYMC Printing Machinery Corporation, Cerutti Group and Others. The existence of several companies on a global and regional scale creates intense rivalry for major players working in the ecosystem. These players also use a variety of strategies, including merger and acquisition, the introduction of new products, geographic expansion, R&D for increasing their product line, and others.
Segments
By Type
· Standalone
· Integrated
By Substrate
· Plastic
· Aluminium Foil
· Paper and Paperboard
By Ink Type
· Water Ink
· Solvent Based Ink
· Radiation Ink
By Application
· Packaging
· Labels
· Decorative Laminates
· Others
By End-use Industry
· Food and Beverage
· Pharmaceutical
· Consumer Goods
· Others
By Geography
· North America
o U.S.
o Canada
o Mexico
· Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
· Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
· Latin America
o Brazil
o Argentina
o Colombia
· MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
Global Rotogravure Printing Machine Market: Market Size EstimationBoth the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Reasons to Purchase Rotogravure Printing Machine Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1. Global Rotogravure Printing Machine Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Rotogravure Printing Machine Market Scope and Market Estimation
1.2.1.Global Rotogravure Printing Machine Overall Market Size, Revenue & Volume (US$ Mn & Units), Market CAGR (%), Market forecast (2023 - 2032)
1.2.2.Global Rotogravure Printing Machine Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2032
1.3. Market Segmentation
1.3.1.Mode of Global Rotogravure Printing Machine Market
1.3.2.Substrate of Global Rotogravure Printing Machine Market
1.3.3.Ink Type of Global Rotogravure Printing Machine Market
1.3.4.Drying Source of Global Rotogravure Printing Machine Market
1.3.5.Application of Global Rotogravure Printing Machine Market
1.3.6.Region of Global Rotogravure Printing Machine Market
2. Executive Summary
3. Market Factor Analysis
3.1. Global Rotogravure Printing Machine Market Industry Trends under COVID-19 Outbreak
3.1.1.Global COVID-19 Status Overview
3.1.2.Influence of COVID-19 Outbreak on Global Rotogravure Printing Machine Market Industry Development
3.2. Market Dynamics, By Region
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact Analysis of Drivers and Restraints
3.3. Ecosystem / Value Chain Analysis
3.3.1.Raw Materials / Components Suppliers
3.3.2.Manufacturers / Vendors
3.3.3.Distributors
3.3.4.Buyers / End-users
3.3.5.Forward Integration & Backward Integration of Key Stakeholders
3.4. Global Rotogravure Printing Machine Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
3.5. End-User / Customer Preferences & Consumer Surveys
3.6. Technology Roadmap & Key Innovations /Developments
3.7. Key Mandates & Regulatory Scenario Analysis
3.8. Patents Landscape
3.9. Import & Export, By Countries (USD Million)
3.10. Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.
3.11. Porter’s Five Forces Analysis
3.11.1. Bargaining Power of Suppliers
3.11.2. Bargaining Power of Buyers
3.11.3. Threat of Substitutes
3.11.4. Threat of New Entrants
3.11.5. Competitive Rivalry
3.12. PEST Analysis
3.12.1. Political Factors
3.12.2. Economic Factors
3.12.3. Social Factors
3.12.4. Technological Factors
3.13. SWOT Analysis
3.14. Russia-Ukraine War Impacts Analysis
3.15. ANSOFF Matrix
3.15.1. Market Penetration Strategy
3.15.2. Product Development Strategy
3.15.3. Market Development Strategy
3.15.4. Diversification Strategy
3.16. Inflation Impacts Analysis
3.16.1. Supply Side Impacts
3.16.2. Demand Side Impacts
3.16.3. Outlook in 2023 & Beyond
3.17. Market Investment Feasibility Analysis
3.18. Opportunity Map Analysis
3.19. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
4. Global Rotogravure Printing Machine Market Estimates & Historical Trend Analysis (2019 - 2022)
5. Global Rotogravure Printing Machine Market Estimates & Forecast Trend Analysis, by Mode
5.1. Global Rotogravure Printing Machine Market Revenue & Volume (US$ Mn & Units) Estimates and Forecasts, by Mode, 2019 to 2032
5.1.1.Automatic
5.1.2.Manual
6. Global Rotogravure Printing Machine Market Estimates & Forecast Trend Analysis, by Substrate
6.1. Global Rotogravure Printing Machine Market Revenue & Volume (US$ Mn & Units) Estimates and Forecasts, by Substrate, 2019 to 2032
6.1.1.Plastic
6.1.2.Aluminium Foil
6.1.3.Paper and Paperboard
7. Global Rotogravure Printing Machine Market Estimates & Forecast Trend Analysis, by Ink Type
7.1. Global Rotogravure Printing Machine Market Revenue & Volume (US$ Mn & Units) Estimates and Forecasts, by Ink Type, 2019 to 2032
7.1.1.Water Ink
7.1.2.Solvent Based Ink
7.1.3.Radiation Ink
8. Global Rotogravure Printing Machine Market Estimates & Forecast Trend Analysis, by Drying Source
8.1. Global Rotogravure Printing Machine Market Revenue & Volume (US$ Mn & Units) Estimates and Forecasts, by Drying Source, 2019 to 2032
8.1.1.Gas
8.1.2.Electrical
8.1.3.Thermal Fluid
9. Global Rotogravure Printing Machine Market Estimates & Forecast Trend Analysis, by Application
9.1. Global Rotogravure Printing Machine Market Revenue & Volume (US$ Mn & Units) Estimates and Forecasts, by Application, 2019 to 2032
9.1.1.Food and Beverage
9.1.2.Pharmaceutical
9.1.3.Consumer Goods
9.1.4.Others
10. Global Rotogravure Printing Machine Market Estimates & Forecast Trend Analysis, by Region
10.1. Global Rotogravure Printing Machine Market Revenue & Volume (US$ Mn & Units) Estimates and Forecasts, by Region, 2019 to 2032
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. South America
11. North America Rotogravure Printing Machine Market: Estimates & Forecast Trend Analysis
11.1. North America Rotogravure Printing Machine Market Assessments & Key Findings
11.1.1. Rotogravure Printing Machine Market Introduction
11.1.2. Rotogravure Printing Machine Market Size & Volume Estimates and Forecast (US$ Million & Units) (2019 – 2031)
11.1.2.1. By Mode
11.1.2.2. By Substrate
11.1.2.3. By Ink Type
11.1.2.4. By Drying Source
11.1.2.5. By Application
11.1.2.6. By Country
11.1.2.6.1. The U.S.
11.1.2.6.2. Canada
11.1.2.6.3. Mexico
12. Europe Rotogravure Printing Machine Market: Estimates & Forecast Trend Analysis
12.1. Europe Rotogravure Printing Machine Market Assessments & Key Findings
12.1.1. Rotogravure Printing Machine Market Introduction
12.1.2. Rotogravure Printing Machine Market Size & Volume Estimates and Forecast (US$ Million & Units) (2019 – 2031)
12.1.2.1. By Mode
12.1.2.2. By Substrate
12.1.2.3. By Ink Type
12.1.2.4. By Drying Source
12.1.2.5. By Application
12.1.2.6. By Country
12.1.2.6.1. Germany
12.1.2.6.2. U.K.
12.1.2.6.3. France
12.1.2.6.4. Italy
12.1.2.6.5. Spain
12.1.2.6.6. Russia
12.1.2.6.7. Rest of Europe
13. Asia Pacific Rotogravure Printing Machine Market: Estimates & Forecast Trend Analysis
13.1. Asia Pacific Market Assessments & Key Findings
13.1.1. Rotogravure Printing Machine Market Introduction
13.1.2. Rotogravure Printing Machine Market Size & Volume Estimates and Forecast (US$ Million & Units) (2019 – 2031)
13.1.2.1. By Mode
13.1.2.2. By Substrate
13.1.2.3. By Ink Type
13.1.2.4. By Drying Source
13.1.2.5. By Application
13.1.2.6. By Country
13.1.2.6.1. China
13.1.2.6.2. Japan
13.1.2.6.3. India
13.1.2.6.4. Australia
13.1.2.6.5. South Korea
13.1.2.6.6. ASEAN
13.1.2.6.7. Rest of Asia Pacific
14. Middle East & Africa Rotogravure Printing Machine Market: Estimates & Forecast Trend Analysis
14.1. Middle East & Africa Market Assessments & Key Findings
14.1.1. Rotogravure Printing Machine Market Introduction
14.1.2. Rotogravure Printing Machine Market Size & Volume Estimates and Forecast (US$ Million & Units) (2019 – 2031)
14.1.2.1. By Mode
14.1.2.2. By Substrate
14.1.2.3. By Ink Type
14.1.2.4. By Drying Source
14.1.2.5. By Application
14.1.2.6. By Country
14.1.2.6.1. U.A.E.
14.1.2.6.2. Saudi Arabia
14.1.2.6.3. Egypt
14.1.2.6.4. South Africa
14.1.2.6.5. Rest of Middle East & Africa
15. South America Rotogravure Printing Machine Market: Estimates & Forecast Trend Analysis
15.1. South America Market Assessments & Key Findings
15.1.1. Rotogravure Printing Machine Market Introduction
15.1.2. Rotogravure Printing Machine Market Size & Volume Estimates and Forecast (US$ Million & Units) (2019 – 2031)
15.1.2.1. By Mode
15.1.2.2. By Substrate
15.1.2.3. By Ink Type
15.1.2.4. By Drying Source
15.1.2.5. By Application
15.1.2.6. By Country
15.1.2.6.1. Brazil
15.1.2.6.2. Argentina
15.1.2.6.3. Colombia
15.1.2.6.4. Rest of South America
16. Competition Landscape
16.1. Rotogravure Printing Machine Market Competition Index, By Leading Players
16.2. Rotogravure Printing Machine Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
16.3. Rotogravure Printing Machine Market Competition White Space Analysis, By Application / End-user
16.4. Rotogravure Printing Machine Market Competition Heat Map Analysis, By Products / Services / Solutions
16.5. Rotogravure Printing Machine Market Competition Regional Intensity Map Analysis, By Geographies Served
16.6. Rotogravure Printing Machine Market Concentration & Company Market Shares (%) Analysis, 2022
17. Company Profiles
17.1. J M Heaford Ltd
17.1.1. Company Overview & Key Stats
17.1.2. Financial Performance & KPIs
17.1.3. Product / Service / Solutions Portfolio & Applications / End-uses
17.1.4. Business Strategy & Recent Developments
* Similar details would be provided for all the players mentioned below
17.2. Bobst Group SA
17.3. Windmoeller & Hoelscher Corporation
17.4. KKA Gmbh
17.5. ROTATEK S.A
17.6. Uteco Converting SpA
17.7. Shaanxi Beiren Printing Machinery Co., Ltd
17.8. Hsing Wei Machine Industry CO.LTD
17.9. QUEEN'S MACHINERY CO., LTD
17.10. Pelican Rotoflex Pvt Ltd
17.11. HYPLAS MACHINERY CO LTD
17.12. Fuji Kikai Kogyo Co Ltd
17.13. Weijin Machinery Industry Co. Ltd
17.14. Others**
18. Research Methodology
18.1. External Sources / Databases
18.2. Internal Proprietary Database
18.3. Primary Research
18.4. Secondary Research
18.5. Assumptions
18.6. Limitations
18.7. Report FAQs
19. Research Findings & Conclusion
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Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
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Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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