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Rotogravure Printing Ink Market 2023 - Market Insights, Competitive Analysis, Latest Trends, And Forecast To 2032
Rotogravure Printing Ink Market Analysis
The Business Research Company's Rotogravure Printing Ink Global Market Report 2023 identifies rise in the demand for food packaging as the major driver for the rotogravure printing ink market's growth in the forecast period. Safe food packaging demonstrates that acceptable printing ink materials are created and utilized, and customer awareness and expectations about environmental concerns are on the rise. The rotogravure printing inks are durable, low-cost, and of high quality for food packaging applications.
The global rotogravure printing ink market size is expected to grow from $4.20 billion in 2022 to $4.48 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rotogravure printing ink market size is expected to grow to $5.51 billion in 2027 at a CAGR of 4.2%.
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Major competitors in the rotogravure printing ink market are Lawter Inc., Dainichiseika Color & Chemicals Mfg. Co. Ltd., DIC Corporation, Flint Group, Fujifilm Sericol India Private Limited.
A key trend in the rotogravure printing ink market includes technological advancement. Major companies operating in the rotogravure printing ink market are focused on developing new technological solutions to strengthen their market position. For instance, in September 2020, Bobst, a Switzerland-based supplier of machinery and services to the packaging industry, launched the EXPERT RS 6003, a next-generation gravure printing press for flexible materials. The new press is designed to assist gravure converters in tackling evolving market requirements by speeding up and simplifying press set-up and job changeovers. It has a maximum speed of 500 m/min and may be outfitted with shaftless or shafted printing cylinders.
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The rotogravure printing ink market is segmented -
1) By Resin Type: Polyamide, Nitrocellulose, Polyurethane, Acrylic Polymers, Other Resin Types
2) By Technology: Solvent-Based, Water-Based
3) By Application: Packaging, Publication, Product, Promotion
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the rotogravure printing ink market.
The Business Research Company's "Global Rotogravure Printing Ink Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Rotogravure Printing Ink Market Include:
1. Executive Summary
2. Rotogravure Printing Ink Market Characteristics
3. Rotogravure Printing Ink Market Trends And Strategies
4. Rotogravure Printing Ink Market - Macro Economic Scenario
5. Rotogravure Printing Ink Market Size And Growth
….
26. Africa Rotogravure Printing Ink Market
27. Rotogravure Printing Ink Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rotogravure Printing Ink Market
29. Rotogravure Printing Ink Market Future Outlook and Potential Analysis
30. Appendix
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